By TOMMY G. MURRAYWASHINGTON, D.C. (AP) Toy boys, hot toys and giant, brightly colored toys are now popular.
And that’s in the U.S. It’s also what drives the nation’s economic growth.
The new Green Business Report shows green business growth is up to 9.4 percent, the highest in more than 30 years.
That’s double the 7.6 percent rate from 2008.
Green business accounts for more than a third of all new U.N. greenhouse gas emissions.
Thats good news because we need green business to keep global warming under control, says the report, which was released Thursday by the U:Global Economic Competitiveness Center, a nonprofit research group.
Green businesses are businesses that employ people who are not employed in the fossil fuel industries, the report said.
The report said more than 70 percent of the growth in green business was in the United States.
It says about 15 percent of U..
S.-based businesses that are green are owned by Americans.
Greenbusiness is also a growing segment of the U.:More than 8 million new green businesses were started in 2014, up more than 15 percent from 2013.
It is growing faster than the rest of the economy.
About one in five U.K. businesses are green, up from about one in six in the past two decades, the study says.
That means Britain is the top green economy in Europe.