Consumers Pass On Green ‘Kool- Aid’
Only 34 percent of consumers feel much more concerned about environmental issues today than a year ago, according to Going Green, a new report from Yankelovich. And only 22 percent of consumers feel they can make a difference when it comes to the environment.
“Consumers are not drinking the Kool-Aid when it comes to green,” said J. Walker Smith, president of Yankelovich. “While they’re highly aware of environmental issues due to the glut of media attention, the simple fact is that ‘going green’ in their everyday life is simply not a big concern or a high priority.”
Yankelovich illustrates the degree to which all consumers – from “Green-less” to “Green-Enthusiasts” – are currently likely to buy a product based on its green features.
- Green-less (29%) Unmoved by environmental issues and alarms.
- Green-bits (19%) Don’t care but doing a few things.
- Green-steps (25%) Aware, concerned taking steps.
- Green-speaks (15%) Talk the talk more than walk the walk.
- Green-thusiasts (13%) Environment is a passionate concern.
Despite this, Smith says that companies can exploit the “green-ness” of their products:
- First, while the environment is not a mainstream consumer concern, it does represent a niche opportunity in the marketplace, with just over 30 million Americans (13 percent of the 234 million people 16+) “strongly concerned” about it.
- Second, if organizations are required to meet strict federal and state environmental regulations – often at huge expense – it makes sense to try and leverage the ‘new and improved’ green product to consumers.
Energy Manager News
- 30 Environmental Advocacy Groups Call on NARUC for Holistic Rate-Setting Guidelines
- New York State’s Summer of Energy
- Chicago Church Strives for Energy Efficiency
- Small, Medium Size Commercial Building Efficiency Market to Grow
- ERC: Price Benchmark Trends Week Ending June 24, 2016
- FERC Rules Against Tri-State Fee on Local Renewable Power
- Marin Clean Energy to Reduce Rates and Expand Service Area in September
- Drama Aside, Tesla’s Acquisition of SolarCity Makes Sense