BioRenewable Technology Arenas
Selected Sustainable (Clean/Green) Technology Industries
A new set of markets are emerging, some well established, others just
getting started, and most are growing rapidly. These markets are:
The In3 management team selected the first five "biorenewable" technology arenas as they
appear to show the greatest potential for rapid growth and disruptive
technology breakthroughs, or are otherwise strategically important (e.g.,
news media) to securing our collective future. As a culture, we tend
to adopt and suport what we know and understand, thus the importance
of alternative voices in news and information.
Collectively, these markets
have been given the name "Sustainable Economy" within the LOHAS* network, estimated at $76.47 billion annually in the US alone.
* LOHAS is an acronym for “Lifestyles
of Health and Sustainability” -- see the LOHAS website for details -- referring to those people who consider
these markets valuable and important for one reason or another.
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Evolution of Sustainable & Clean Technology Markets
In his book, In Earth’s Company, author Carl Frankel describes
the 1970’s as the “era of compliance,” where not breaking the law was
the mark of good corporate citizenship. In the 80’s, with several environmental
disasters squarely in the public eye, the era of going “beyond compliance”
began, one marked by public accountability, pollution prevention, fast
learning and resilience. The 1990’s brought an era of “eco-efficiency”
where companies moved beyond pollution prevention (reducing harmful
outputs) to looking at “industrial metabolism” and the field of Industrial
Ecology was born.
Frankel notes: “Eco-efficiency strategies run the gamut from energy-efficiency
retrofits to the use of recovered and recoverable materials, to what
has become known as ‘dematerialization’ (e.g., using less materials
by making packaging thinner and lighter).
The fourth era, which is dawning now, must extend even beyond eco-efficiency
and continuous improvements to a new guiding vision, one that, as Frankel
suggests, has four keystones: