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
15 Investments Rich People Make The Poor Know Nothing About
Rich people are making bank in ways everyone else isn’t even aware of. If you watch Until the End, you’ll realistically learn more about money in this video than you did in an MBA course. Here are 15 investments rich people make the poor know nothing abou…
Khan for Educators: Khan Academy’s learning experience
So, at Khan Academy, we are striving to create personalized mastery-based learning that transforms students’ mindsets. Within that, I think there are three things that make our value proposition unique. The first is that our content is provided free of c…
Nestlé: The Most Evil Business in the World
So you’re nestled in the 1970s. You’re the inventor of baby formula, a life-saving creation for babies who, for whatever reason, can’t breastfeed from their mothers. But just helping moms who can breastfeed isn’t enough; it’s such a small segment of the p…
15 Signs You Have A Rich Life
Are you living the life you’ve always dreamed of? Do you wake up each morning feeling grateful and fulfilled? If not, it’s time to assess if you’re truly living a rich life. But what exactly is a rich life? Is it measured by wealth and material possession…
❄️🇬🇧 London Snow Day 🇬🇧❄️
Wow, it finally snowed again in London! A snow day not to be squandered inside. I’m supposed to be working today, but does daily vlogging count? I’m not a daily vlogger, but I think if I make a vlog, that can totally count. Come join me as I do nothing m…
Never Let A Man Control Your Financial Destiny
50% of marriages within 7 years fail, not because of infidelity, but because of financial stress. The other issue that’s so important after you turn 18 as a woman is that you have to maintain a financial identity in our system. Yes, if you don’t have a cr…