If you want to make money and support environmental causes at the same time, you might want to try socially responsible investing or SRI. In socially responsible investing, investors choose ethical, ecological and social benefits over purely financial gain when selecting which companies or projects to put their money on. However, this does not necessarily follow that one cannot earn a profit from an SRI.
Contrary to what some may believe, it is actually quite possible to make money and support social causes at the same time. One example of this is investing in environmental projects like Emerald Knight bamboo plantations. The benefits to be derived from the bamboo are virtually endless, which makes it arguably the most promising SRI project.
Bamboo reduces environmental toxins
Much like any type of plant life, bamboos are natural absorbers of greenhouse gases like carbon dioxide; these plants also convert CO2 into precious oxygen. Bamboo requires very little water and is naturally resistant to pests, which means it requires very little to no pesticides. As a result, you don't end up inadvertently adding more toxins to the atmosphere from pesticide use.
Renewable source of construction materials
Another reason to consider Emerald Knight bamboo projects is that the plant is reputed to be one of the most promising sources of construction materials. Bamboo grows at a relatively faster rate than timber because it grows to its full height within a year and reaches maturity within four years. Fully matured bamboos reportedly have fairly good tensile strength making it ideal to use in the construction industry.
Bamboo can be used in flood management
Although it requires little water. bamboo forests are known for its high water storage capacity. As a result, these plants are pretty useful during floods. Additionally, the network of roots in bamboo thickets can also help prevent soil erosion because it keeps the soil together.
Aside from the aforementioned uses of bamboo, a lot of research is being done to find more uses to this already naturally versatile tree grass. Given the possibilities, it is no wonder that some people think that bamboo is the way of the future for socially responsible investing. If you are interested to learn more about the bamboo, you can find additional information on wisegeek.org/what-is-bamboo.htm.
Emerald Knight Bamboo Project: Harnessing its Possibilities