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Industry experts offer entrepreneurial advice on the green economy

John McDonald of ADI International speaks while Glenn Sharpe of Adydoz Environmental looks on during the Business, Innovation and Green Economy forum in Corner Brook Friday. Cory Hurley

John McDonald of ADI International speaks while Glenn Sharpe of Adydoz Environmental looks on during the Business, Innovation and Green Economy forum in Corner Brook Friday.

Cory Hurley
Published on March 23, 2013
Published on March 22, 2013
Cory Hurley  RSS Feed

CORNER BROOK  More than a decade ago, it seemed everybody was talking about the green economy and waiting for its onslaught, according to Glenn Sharpe.

Topics :
ADI International , Greenbug Energy , Federation of Agriculture.He , Newfoundland and Labrador

Well, not so fast, the engineering manager with Abydoz Environmental told those gathered at the Business, Innovation and Green Economy forum held in Corner Brook Friday.

The success of his company, and plenty of others, aside, there is still a lot of talk about the green economy. Sharpe said the difference all these years later is there is progress being made.

"My cautionary comment would be, it might not move as fast and it might not produce sellable items quite as quickly as you might think," he said.

John McDoanld, president of ADI International, said success in the green economy is not particularly different from that of other technologies. It requires perseverance, patience, and tolerance with government and non-government agencies.

"Anything green comes with environmental baggage, we found over the years," he said during a panel discussion to conclude the forum. "Environmental baggage is usually a function of the state, the province, the country, to organize and run that.

"You can't get discouraged. It does take a long time."

He also encouraged small, start-up companies to network and plan ahead.

Tony Bouk, chief executive officer of Greenbug Energy, said entrepreneurs looking to make it in the green economy need to find customers and partners willing to take risks.

While there are many barriers facing Newfoundland and Labrador companies, geographical challenges being a major one, there are advantages that go with that too, according to Eugene Legge, president of the Federation of Agriculture.

He encourages entrepreneurs to use the existing resources.

"If you have stuff here, why not use it to its fullest advantage and keep rotating it over and over until there is totally nothing left of it?" he said. "That is the advantage we have ... Be creative and utilize whatever we have in natural resources until it is empty or can't be used anymore."

While Sharpe and McDonald both said the province's waste must be viewed as a significant economic opportunity.

churley@thewesternstar.com

Twitter: WS_CoryHurley

Comments

  • Username
    Unfortunately...
    - March 23, 2013 at 16:40:54

    It is hard to imagine a green economy developing here, since it is now illegal under the recently passed Bill 60 to sell any power that one might produce from alternative energy sources. A company like Greenbug Energy (mentioned in the article above) is effectively prohibited by law from operating in this province.

    Submit a comment

    • Username
      Really?
      - March 24, 2013 at 15:09:31

      Unfortunatey...you mean Bill 61...and you should read it-it's not as restrictive as you claim

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