Regardless of the preferred terminology, the reality is that humanity is undergoing a shift in mindset where increasing production of goods is no longer acceptable without considering the consequences. Environmental conservation is becoming increasingly important in various countries, which is a positive development not only from an environmental standpoint but also from an economic and social perspective. Brazil and the United States are the two most populous countries in the Americas, and both have made considerable investments in renewable energy over the years.
Brazil’s investment in renewable energy is driven by its naturally low coal reserves and low energy potential. The country has been able to take advantage of its many rivers to establish an energy matrix based on hydroelectric power. Three of the world’s ten largest hydroelectric power plants are located in Brazil. As the generation of electricity generated by dams increased significantly, the Brazilian energy matrix has also embraced other renewable energy sources. The United States is also on the right track, and changes in the energy matrix show clear signs that renewable energy will take up more space.
Brazil and the United States have a long history of working together on environmental conservation and investments in renewable energy. They have signed several agreements on technology exchange, joint regulation in favor of renewable fuel markets, bilateral trade, and other measures over the decades. The United States recently pledged $500 million to the Amazon Fund, which supports environmental conservation and sustainable human development in the region.
Efforts to reduce the environmental burden of the economy and the production of goods are thriving around the world. The Paris Agreement, signed in 2015, has 195 signatories committed to reducing greenhouse gas emissions. Global wind and solar power growth rates have increased significantly, driven by the drive to make the economy greener. This trend is driven by cultural shifts and an increasing flow of information that raises public awareness of the need to redesign the way humanity produces and consumes goods.
New technologies will be developed, and the economy will evolve as a result of this trend. Human knowledge will expand, new jobs will be created, and related fields will evolve. The momentum of this trend is consistent, and the achievements so far need to be recognized. Although progress is slow, it is inevitable.