The world’s few remaining billionaires all over the globe are turning into eco-barons. The Sunday Times had published first Green List of top 100 rich who are investing in some green technology or the other. Environment is taking precedence in business too. Economics is turning into Geonomics.

Yes, world wealth has gone down with recession and in the times of crisis it is quite intriguing that rich are investing in green technology. On top of the Green 100 list is Warren Buffet whose net worth is 267 billion. Warren Buffet has invested in Wind power while for Bill Gates its renewable fuel. The top Chinese tycoons are investing in solar and electric-car technology. The list is long and interesting.

These green business investments are good news indeed. Green technology will certainly be the future’s dominant technology. It is not just green technology; world’s rich are getting involved in environmental activism, climate change, endowing green energy research etc.

Severe economic downturn is going to shift business priorities. If right lessons are learnt then common wealth should become more important than individual wealth. Biggest common asset is Earth and it makes sense to invest money to save the future of the earth.

Via Progress