How Is Clean Tech Different From Green Tech


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Pure chaos at the start of the 2011 LMS season. The cars are ready for the start the lights go green but the Safety Car is stil on track! Crashing and wrecking behind with lots of damaged cars

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How Is Clean Tech Different From Green Tech

The concept of “clean tech” is a response to the projected population growth on the planet, which is estimated to be 2.3 billion people by the 2050. The theory is that clean tech companies, which address environmental sustainability as part of their overall business strategy for profitability, will be the model that successful companies will have to use in order address the increasing demand for food, clothing, shelter and other scarce resources that will only increase as incomes rise across the globe.

Where “green tech” evolved in the 1970s from government controls intended to mitigate the effects of manufacturing and agricultural pollutants on the environment, “clean tech” is built into the business model from the very beginning. Green tech has traditionally always seen as an expensive, but required, drain on a company’s profits. Clean tech is built into the business strategy as an acknowledgement that resource scarcity and pollution exist and must be addressed when planning profitable strategies. It is a long the same lines as when a business incorporates the cost of paying office rent or the cost of purchasing manufacturing materials into its overall budget.

Also, there are some products which are included in green funds which would never be included in a clean fund, such as ethanol. Where an alternative energy fund would include a company which produces ethanol in its fund because ethanol is considered to be an alternative to petroleum based fuels, a clean tech fund would not include an ethanol-producing company in its portfolio because of it’s net carbon effect. Ethanol production requires so much petroleum based fuel in order to grow the corn and process it, that there is negligible positive effect on the environment for using it.

Green tech Exchange Traded Funds (ETFs) tend to focus narrowly on a single business sector, like energy, manufacturing or recycling. As a result, green energy Exchange Traded Funds can be extremely volatile and sensitive to fluctuations in the price of oil. Clean tech ETFs have not been so volatile (although, in fairness, they have only been around since the Clean Tech Index was created in 2006, so there is not a long history to track). Clean tech companies exist across a broader range of business sectors like agriculture, manufacturing, transportation and new materials. As a result, clean tech Exchange Traded Funds have seen a more stable performance, comparable to the returns from the S&P 500 Index.

 

Author and entrepreneur Bernz Jayma P. is the owner of a financial blog dedicated to helping people expand their knowledge on personal finance. You may visit his blog at http://www.Invesmint.com.


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Comments

25 Responses to “How Is Clean Tech Different From Green Tech”

  1. monkeyboy85 on August 20th, 2011 11:33 am

    @fsxmaniac they stopped that because people died dude, not doing safety harnesses up properly.

  2. sidhu1soorma on August 20th, 2011 11:54 am

    Ah man, why were they all Porsche’s!

  3. fsxmaniac on August 20th, 2011 12:39 pm

    i don’t like the rolling start of the new le mans! i prefer the classic “Run to the car and go” style they used in the old days

  4. tacospartan on August 20th, 2011 1:39 pm

    If the safety crew is not at fault, and it was the guy who operates the lights, how come the cameras were trained on the lights and the announcers were saying “watch the red lights go out”? That must’ve meant it was the last caution lap and the race was set to begin…

  5. dracojah on August 20th, 2011 1:41 pm

    The run of the Frenchman 2:51

  6. reptongeek on August 20th, 2011 2:30 pm

    @rulovi Why would the SC driver need to do more than one lap though. It’s not wet so he should know he is only covering one lap and going in the pits

  7. xIIJoshIIx on August 20th, 2011 3:20 pm

    Sounds like my F1 2010 engineer

  8. MATTeverton2010 on August 20th, 2011 3:23 pm

    thats quite EXTRAODINEY!!!

  9. r0mulyni2 on August 20th, 2011 3:24 pm

    Damn

  10. votballer on August 20th, 2011 3:56 pm

    @clkgrt yeah i know :).

  11. clkgrt on August 20th, 2011 4:38 pm

    @votballer the mclaren f1 it went out of production since 1999

  12. votballer on August 20th, 2011 4:55 pm

    no mclaren f1 :(.then the race sucks :p

  13. PeaveyFury on August 20th, 2011 5:21 pm

    Guy operating the lights failed hard!

  14. haziqdaM5fanatic on August 20th, 2011 6:19 pm

    It could be a miscommunication with the safety car driver, flaggers or maybe the race control. But whatever happened, they’ve caused a lot of damage to the innocents.

  15. kegger28 on August 20th, 2011 6:26 pm

    @videoman223 The Sponsors are there to give funding , like testing, R&D stuff like that yes but most of the time the team will have to buy the car first before a sponsors can/ will come on board.

  16. videoman223 on August 20th, 2011 7:16 pm

    @kegger28 Sponsors cover most of that though don’t they?

  17. kegger28 on August 20th, 2011 7:21 pm

    @videoman223 The GT porsches cost about 150,000-200,000 turn key from the factory thats with NO SPAR PARTS

  18. SuperTruth77 on August 20th, 2011 7:50 pm

    My cousin is obsessed with the ‘deadliest crash’ at the 1955 Le Mans race. He goes every year with his son hoping there’ll be a repeat, saying “I’ll survive by a miracle- large sections of car will fly inches over my head, decapitating people just a few feet behind me.”

    “There’ll be no ‘counselling process’ either. Officials just tell me to help clear up the gory mess, then either stay or go home. I’ve come this far to watch a race, so I smack my son to stop him crying like a girl & stay.”

  19. csvanquishftw on August 20th, 2011 8:41 pm

    Hey guys shit happens. U can hav the most professional sport or activity on the planet and something WILL go wrong that was unexpected, it just happens

  20. Cre8Thought41 on August 20th, 2011 9:26 pm

    Starter was asleep at the wheel. Pace car had it’s lights out, should have pulled off or turned his lights back on. Flag station had a waving yellow flag? Should have been a double yellow for the pace car still being out unless the UOpeeins don’t use a double yellow. A little bit of fault everywhere on this one.

  21. Destroyed55 on August 20th, 2011 10:15 pm

    That was yellow flags in the last corner. Safety car has looked at it and still on the track. Not more.

  22. hookee on August 20th, 2011 11:06 pm

    huge miscommunication

  23. tr0yaan on August 20th, 2011 11:59 pm

    the race organisation was not happy with the formation in which all the cars where driving so they told the safetycar to stay out for one more lap.
    unfortunately they did’nt tell the guy who was running the lights who then set them to green so its more lack of communication

  24. videoman223 on August 21st, 2011 12:22 am

    How much do these cars usually cost…?

  25. 1nickmt on August 21st, 2011 12:57 am

    Come on who on here knows the regs for racing????
    The marshels wave the yellow flags as the grid is under caution until the green light.
    If you look at the pace car the lights on the top are out which tells the drivers that the car will leave the track on this lap…… so the error was the pace car driver, he didnt enter the pits……

    Watch all the other starts …….

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