Green Technology Jim Lorick Discusses Term Paper

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Setting an example is extremely important, as it will stimulate the drive and demand for green technologies. Governments and powerful organizations can afford to invest in emerging green technologies. Lorick encourages investment in green technology because market trends suggest future growth. Consumers, at least in the first world, should quickly respond to industry-wide as well as public policy changes toward green technology. Companies, organizations, and governments need to redirect their focus to at least offering a green face to please consumers and shareholders.

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Green technologies are still in their infancy and far more research and development is necessary. Therefore, investing in green technology now will stimulate future growth in the industry. Thus, in the long run, significant developments and breakthroughs will emerge and green technology will become immensely profitable. Focusing on emerging technologies that replace "dirty" technologies like coal, Lorick notes that while going green might cost a lot at first, the market is moving in a greener direction......

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