How much does going green cost? The International Energy Agency today put a figure on the amount it will cost to go green, and it’s a lot: $45 trillion. Even when you spread that amount over the next 42 years, it’s still more than $1 trillion annually, or more than the GDP of many industrialized nations.
How expensive is being environmentally friendly? Mindful consumers have all had these experiences. But is the discrepancy in price between eco-friendly and conventional really that significant? According to a study by Netherlands consulting firm Kearny, green products are 75-85 per cent more expensive than conventional products.
Does Going Green Save Money? Americans can take easy steps to cut planet-warming emissions like carbon dioxide and simultaneously save money. Efficient households can save $1,560 a year on natural gas and utility costs over a 50-year period, according to a University of Michigan analysis.
How can I green an existing house?
- Conduct an energy audit.
- Don’t replace windows.
- Insulate the attic and basement.
- Take advantage of your house’s natural passive heating and cooling.
- Consider installing renewable energy sources.
- Pay attention to your landscaping.
- Change your lightbulbs.
- Reuse old materials or salvage.