yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

Mark Tercek: Green Infrastructure Outperforms Gray | Big Think


2m read
·Nov 4, 2024

So people ask me about green infrastructure. And by green infrastructure, and we sometimes call it natural capital, that's kind of our wonky term for using nature as an asset base. And you can contrast that with gray infrastructure, man-made infrastructure.

There are so many instances now when we can compare and contrast an investment in nature, green infrastructure, versus an investment in grey infrastructure. One example would be oyster reefs. We learned we got stimulus money from President Obama when we had the economic crisis, and it was really interesting work that we did.

We showed that for $1 million we could build one mile of oyster reef in the gulf. It happens to be that it cost about $1 million as well to build a mile of first-rate first-class seawall. Why does this matter? Well, in the gulf, there's great concerns about exposure to storms, sea level rise, and erosion.

And so there's widespread agreement that the gulf states need to do something about that. And kind of the preponderance of thinking has been governments need to invest in seawalls and similar gray infrastructure. We now have really good data that shows alternatively you can invest in a green infrastructure, a new oyster reef. The oyster reef performs just as well at providing protection from storms and sea level rise.

On that basis, it's a tie. The oyster reef cost about the same amount of money, $1 million per mile. Again, it's a tie. But after that, the oyster reef wins by a mile. For example, the seawall, we know, like all man-made infrastructure, will depreciate; it will decline in value through wear and tear.

The oyster reef, if we take care of it, will more than hold its value. It might even appreciate in value over time. Second, the oyster reef is not just a seawall; it's an oyster reef. It provides habitat for oysters. Oysters clean water.

Oyster shells ultimately crumble and nourish the beach. Oysters are obviously good for aquaculture, the fishing community. Oyster habitat is also habitat for other fish. It's also habitat for birds, and it helps promote tourism, et cetera.

So it's a very concrete example, pun intended, of green infrastructure outperforming gray.

More Articles

View All
Stoicism: Become Undefeatable
In the city of Cyprus in 300 BC, there lived a very wealthy trader called Zeno. While on a voyage from Phoenicia to Piraeus, his boat sank, along with all of his cargo. Because of that single event, an event that was entirely out of Zeno’s or anyone’s con…
15 Obsessions That Translate to Fortunes
You know, some people have the right skill set to get rich, but they focus on the wrong damn thing. In business, we call this a high-level skill on a low-level opportunity. Believe it or not, some of you might have what it takes to get rich faster than mo…
Is this private jet worth $20,000,000?
This is a $20 million plane, and this is Steve. He’s selling it. Should we take a look inside? Let’s go! As soon as you walk in, we have this fantastic galley. It’s got a really big counter space. On the right side here, we have crew rest. This is import…
The SAT Question Everyone Got Wrong
In 1982, there was one SAT question that every single student got wrong. Here it is. In the figure above, the radius of circle A is 1⁄3 the radius of circle B. Starting from the position shown in the figure, circle A rolls around circle B. At the end of h…
Financial Institutions Need To Solve This Problem! | Andrew Rossow
And these CEOs probably don’t have as much innovation in their behemoth organizations as a young entrepreneur sitting in the basement typing out code and solving problems to make DeFi faster, smarter. I think we’re going to see a lot of change, a lot of d…
2008 Berkshire Hathaway Annual Meeting (Full Version)
[Music] Folks, this just in! It appears that Warren Buffett has struck a deal to trade jobs with daytime soap opera diva Susan Lucci. Buffett has reportedly negotiated a permanent spot on the cast of All My Children. Apparently, Ms. Lucci is en route to O…