10 Big Reasons Why 2011 Will Be Green

I think we've all wished at some point we had a crystal ball to see the future. My green crystal ball hasn't yet revealed the price of oil next week, but some trends are so large and long term that they are bound to make 2011 a great year for green businesses. Here are 10 of these trends to look for and find the niche to build your business in:

1. The world's population will hit 7 billion in 2011, including hundreds of millions of new consumers. The limits of consumption are increasingly apparent, making the switch to sustainability a necessity, not a luxury.

2. Continued economic growth in the developing world will boost oil demand, driving prices upward. The price of oil could hit $100 per barrel or higher in 2011, driving gas toward $4 a gallon again. When the cost of gas spike in the summer of 2008, millions of people carpooled, shared rides, and used mass transit.

3. The rising price of oil will boost sales of greener transportation options coming to market like the Nissan Leaf, Ford Focus Electric and the Chevy Volt, and drive the search for sustainably produced alternative fuels.

4. Food prices are on the rise, setting records around the world. A trend this big can't help but renew the urgency in the search for sustainable agriculture and food. The spike in food prices as well as gas prices will once again boost interest in gardening, local food, and low meat options to save money and the planet.

5. Rare earth metals and other raw materials are in short supply, driving up prices and the search for other options. To address this need some are exploring "urban mines" in our waste streams and landfills, turning our garbage into gold.

6. Floods, drought, heat and extreme weather around the world in 2010 highlight our vulnerability to climate change, regardless of the political climate. Unpredictable water supplies and a growing population make water a key challenge globally that is in great need of green solutions.

7. Unemployment in the U.S. will stay high for years even with predicted growth, driving more people to stop looking for jobs and create their own. Look for a new wave of entrepreneurship by those targeting the huge 21st Century opportunity to deliver sustainability solutions.

8. Continued economic pressure in the developed world, including debt and the housing crisis will push more people from the consumer economy to the conserver economy, driving consumers toward strategies like sharing and swapping goods rather than buying new ones. The need to save should also encourage greater energy efficiency.

9. Renewable energy will continue to grow, driven by the global need for more energy, and cleaner energy. The National Solar Jobs Census 2010 (The Solar Foundation) found that the solar industry has grown throughout the recession in the US, and is expected to add 26% more jobs in 2011.

10. Our fear will recede as the recession recedes, opening minds and eyes to the green solutions to adapt to our changing world.

Glenn Croston is the author of "75 Green Businesses" and "Starting Green", and the founder of Starting Up Green, helping businesses to go green and grow green.

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3 Comments

  • Rosenildo Gomes Ferreira

    BTW, I work as a business reporter and columnist of sustainablility affairs at IstoÉ DINHEIRO, (www.istoedinheiro.com.br), the most important weekly financial and business magazine in Brazil. I would like to interview you about the chalangers of the industry and global economy concerned to the climate and sustainablility aspects. Could be possible?

    Rosenildo Gomes Ferreira
    Editor-assistente de Negócios e colunista de sustentabilidade
    Assistant-editor of Business and Columnist of Sustainability
    rosenildoferreira@revistadinheiro.com.br <mailto:rosenildoferreira@revistadinheiro.com.br>
    (55 11) 3618 4307 ou (55 11) 8124 8348</mailto:rosenildoferreira@revistadinheiro.com.br>

  • Rosenildo Gomes Ferreira

    Dear Mrº Glenn, could we say that those cars, Leaf and Volt, are a success? We see so many few in the streets and american roads !

  • Leslie Billera

    As cited in this piece, extreme weather caused by climate change is indeed a great concern.Columbia University scientists have said that green roofs, combined with street trees, are the single best strategy for mitigating climate change. As we head into 2011, I am grateful to be working in an industry that can make a real, quantifiable difference: a 1000 sq. ft. green roof eliminates approximately 40 pounds of particulate matter each year, the equivalent of 15 cars/yr (driving an average of 12,000 miles/year). A green roof allows us to replace a building's footprint with the land nature once intended to be there. The opportunities are exciting - including the potential to add the equivalent of 18 central parks to NYC if all of those wasted rooftop real estate assets were covered in living, breathing green roofs. Onwards! Check us out at www.greensulate.com to learn more.