GreenBusinessOwner.com’s green glossary is an ever-growing list of constantly updated key sustainable business terms for sustainability professionals (so don’t mind the date and time stamp above).
If you feel that we’re missing something, we appreciate you letting us know by adding it as a comment at the bottom.
Fair Trade – a term used to describe products that provide a living wage to workers. Jewelry and agricultural products are the most prevalent Fair Trade items in the world.
Feed-in Tariff – a program that allows people and companies that produce more electricity than they need (typically with solar installations) to sell that power back to the grid so that their neighbors can use it. The utility benefits in that it gets to purchase power at one house and sell it, effectively, at the next door neighbor’s house, and the person/company benefits by being incentivized to be very energy efficient and make extra money when they produce more than they use.
Fossil fuel – a general term to describe fuel such as coal, oil, and natural gas that was once living matter but has been decomposed over millenia and subject to geologic pressures that have fundamentally changed their composition.
Footprint – the area taken up by a building…a useful term for urban planning.
Fuel cell – a clean technology wherein hydrogen produces power. The byproducts of hydrogen combustion in a fuel cell are oxygen and water. Finding a source of hydrogen is the challenge which has kept fuel cells in the background as a technological wonder with little practical application….so far.
Scott Cooney (twitter: scottcooney) is an adjunct professor Sustainability in the MBA program at the University of Hawai'i, green business startup coach, author of Build a Green Small Business: Profitable Ways to Become an Ecopreneur (McGraw-Hill), and developer of the sustainability board game GBO Hawai'i. As a serial eco-entrepreneur who has started, grown and sold multiple green businesses, Scott believes that capitalism, true capitalism, can be a powerful force for change, but that our current version of capitalism is severely hampered by perverse subsidies and negative externalities that make unsustainable products less expensive than healthier alternatives. Scott is a vegetarian, an avid cyclist, and an organic gardener. Find Scott on Google Plus