Giving high priority to green energy projects and innovative technologies is the only way emerging economies could compete with the giants. This is what Jerry Hultin, an green economy expert from New York University, stated at the High Level Forum on Green Future held in San Francisco earlier this week.
The event was organized by the Global Science and Innovation Advisory Council and gathered speakers from across the world. Some of the important speakers include the Malaysian Prime Minister, Najib Abdul Razak. Among the most interesting and inspirational talks, was the one given by Mr Jerry Hultin. He presented to the audience a list of 10 priorities, which governments in developing countries should consider as of high importance in order to stimulate their economies. One of the most important ones, was the support, which should be given to green energy developments and policies.
As a key argument, Hultin presents the drastic increase of the world’s population. As he points out, some predictions indicate that the number of people on the planet could well reach 10 billion by 2050. As a result, exhausting of resources will be inevitable, and the three most important ones would be fuel, water and food.
This is why Hultin is certain that generating and using green energy should be of highest priority. He gives an example with the United Arab Emirates, a country well known for their oil and gas reserves. There, the government is encouraging and stimulating new green energy projects in order to preserve the oil and gas supply for as long as possible.
In addition, Hultin calls for close collaboration and expansion of communication networks. In his opinion, this is the only way to generate and encourage new ideas and innovation as part of unlocking emerging economies and societies.