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
United Nations Messenger of Peace | Before the Flood
Hi, how are you? Pleasure, pleasure, great to great pleasure to see you. We can remove this, this can be, oh wow, this is for height control for shorter leaders like this. Taller leaders, what specific message do you think is the most important? Climate …
How to Value a Stock like a Wall Street Analyst | Discounted Cash Flow and Comps
Wow! Do I have a special video for you today that will help you learn a ton about investing. This video is going to cover how to value a stock like the pros do to help you better identify stocks to buy. Let’s jump right into the video. There are two ways…
The Stock Market is 'Priced to Insanity'.
The Magnificent 7 is seeing nice gains following Q4 earnings, with the group now up about 9% for the year. My next guest says while the names are richly priced, only one is quote priced to the point of insanity. Let’s bring in the Dean of Valuation, Aswat…
LearnStorm Growth Mindset: Dave Paunesku on teacher modeling of growth mindset
Teachers can play a tremendously powerful role in creating a growth mindset culture, and there are a variety of different strategies and approaches they can use to do that. One way the teachers can powerfully role model growth mindset is to really have a…
Safari Live - Day 118 | National Geographic
Good afternoon and welcome to the sunset safari! Off to a great start already! We did in fact have a butterfly sitting on a piece of grass. It was a cabbage white, but of course it flew away just before we went live. Naturally, my name is Taylor McCurdy a…
Biased and unbiased estimators from sampling distributions examples
Alejandro was curious if sample median was an unbiased estimator of population median. He placed ping-pong balls numbered from zero to 32 in a drum and mixed them well. Note that the median of the population is 16. He then took a random sample of five bal…