Thursday, January 03, 2008

2007 - The "Green" Year

Green was the color for 2007. Consumers converted to compact florescent lightbulbs and hybrid cars, corporate america reduced greenhouse gas emissions before legislation required reductions and politicians rallied around solutions to global warming. Green even moved into the world of rock with Al Gore's first ever Live Earth concert intended to raise awareness of environmental issues. The question is, will these trends continue?

In December, Congress passed the first increase in Corporate Average Fuel Economy standards in thirty years. Automakers will have to produce cars and light trucks which get an average of 35 miles per gallon by 2020, up from the current standard of 27.5. Congress is also working to pass a bill cutting greenhouse gas emissions. We may even see the environment appear in upcoming presidential debates.

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