It is economically advantageous to go green as doing so has been shown to bring in higher

gross margins, higher return on sales, higher return on assets, and stronger cash flow for a
company. This is because going green makes it easier for an organization to follow guidelines
for meetings and events which in turn leads to a better return on investment. A significant
economic benefit of going green is that it helps lower costs and save money. Use of
renewable energy helps reduce energy consumption which in turn helps save money used on
electricity bills. An apparent benefit of going green at home is that it helps reduce water and
power bills significantly. It is possible when we reduce water consumption for example if we
run the washing machines full loads or add water-saving appliances in shower and
washrooms. Another way to potentially save a hundred dollars is through the purchase of
energy star appliances and water-saving plumbing systems. Recycling is another way to go
green. Recyclable products last longer than other products which can save on money used for
repair and maintenance. When we recycle products as well as create Do-it-Yourself (DIY)
items, we not only reduce wastage, but we also become more creative which helps create new
products consistently and thus reduce the cost of buying new products. Buying recycled
products is also much cheaper and helps save on production costs since it would have been
costly to create new products from fresh and virgin raw materials. Waste reduction also helps
save the cost of waste disposal. Another advantage of going green is that one can receive
discounts and incentives for green living, for instance, some states offer incentives to those
that opt to live in green homes. Green homes create ways to consume less energy which helps
reduce utility and maintenance costs. Going green by reducing or eliminating air pollutants
makes the air we breathe in clean which means good health and less expenditure on hospital
bills and insurance products. Just like an adage goes, “prevention is better than cure,”
reducing pollutants is cheaper than trying to clear pollution from the environment if we allow
it to spread. Going green also reduces dependency on fossil fuels and
other depleting resources. Organic farming boosts the economy and means that we can eat
local, organic and seasonal produce which are affordable. Another economic benefit of going
green is that it helps strengthen and stimulate the economy through the creation of
employment opportunities. There are more jobs in both renewable energy operations and
maintenance. Use of green and renewable energy also helps reduce the emission of carbon
dioxide to the environment which helps reduce carbon footprints.