Well you have it there. During the crazy days on Internet investment and collapse I was not worried, I simply reminded people of the Tulip bulb speculators of 17th century Holland.
Tulips are not native to Holland, but they are the symbol of Holland because after they were imported from Siam (not Thailand) people were making huge financial returns. People would invest everything they had on a single Tulip bulb. If it flowered they were rich, if it didn't they lost everything. Eventually tulip bulb market collapsed, and still 100s of years later, we have think Holland, we think, drugs, prostitution, windmills, dikes and TULIPS.
Investment in online technology caused a huge growth in that industry.
But it was an industry that could grow through investment. It was mature and ready to boom. People were making fortunes in that area.
In fact Green technology has a lot of investment but the a boom is not likely at the moment. No one has made fortunes in this area so people are not rushing to invest.
But governments, individuals and other groups can help green technology by
1. Inversting in it. Through education, R&D, legislation and nfrastructure
2. Consumer power, buying green. If you choose green power you pay more but encourage its use. When Bill Clinton said said the Civil Service will only buy environmentally friendly computers, the manufacturers rushed to included power saving features into their computers and monitors.
3. Business thinking. The problem is that most greenies are not business minded. They don't want a big return on investment. They want to be green. So their businesses don't often boom and often they don't compromise. I
2007-06-01 00:31:20
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answer #1
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answered by flingebunt 7
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If you go around breaking car windshields it means more business for Giant Glass. Doesn't mean you're spurring economic growth.
2007-06-01 03:24:04
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answer #2
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answered by Anonymous
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Growth is ultimately dependent on wealth creation, through making things that people want.
Companies that depend on Carbon trading to generate their income are bureocratic in nature, not market driven. It won't last...
2007-06-01 00:16:58
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answer #3
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answered by All Black 5
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Yea sure. Why couldn't it. More things could even grow so why can't environmental tech. grow?
2007-06-01 04:11:42
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answer #4
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answered by #1NascarFan 2
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yes, it can do the same thing but if we want because imposable is nothing
2007-06-01 00:48:31
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answer #5
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answered by greenman349 1
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essentially... no.
environmental stuff is great for generation publicity... but its a bust on creating jobs.
2007-06-01 00:21:37
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answer #6
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answered by Anonymous
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