Green Options

File Photo: Hillary Clinton and the Indian Environment Minister in New Delhi

..and then takes a U-Turn the very next day!

In a reported letter to the Prime Minister of India, Mr. Jairam Ramesh, the Indian Environment Minister proposed a radical shift in India’s stand on climate change–away from its national position on climate negotiations–which India has backed since 1990 and which was defended robustly even in UN talks in Bangkok earlier this month.

Minutes after the news spread, political parties sitting in the opposition were quick to respond. Within the next few hours, the Environment Minister issued a clarifying statement for national media and the entire Nation!

Chaired by President M. Nasheed, the Government of Maldives recently concluded the world’s first ever underwater cabinet meeting. The small island nation of Maldives will perhaps be the first country to go under water, if predictions based on climate change models come true.

The underwater meeting was called to raise this concern and put pressure on the West to act NOW, and for a fair deal at COP in Copenhagen this December. A day after the event, extensively covered by the media (View on: CNN | BBC), the Government of India has announced the setting up of a National institute for long-term research on climate change.

I don’t know about you, but I’m getting fed up with buying things that break or wear out way before they should. Warranties – from both manufacturers and retailers — seem to be getting shorter and more limited than ever, as if durability is an afterthought.

But I don’t want to support the landfill economy. I want to support the restoration economy and, when I need to purchase things, support companies that care about the planet the way I do. Some of these companies break from this planned obsolescence mentality and profit obsession, companies like REI, or Recreation Equipment, Inc., where your love of the outdoors actually pays dividends to you, as a customer-member of the cooperative enterprise.

REI, the nation’s largest consumer cooperative, got its start in 1938 when a bunch of climbing buddies got together to buy some gear to explore the great outdoors. They support people, their community and the environment on which their enterprise is based. And they guarantee that their products last and perform as expected.

A couple years ago, for example, I purchased a pair of sandals from REI.  After limited use, my sandals had an ankle strap that broke. The brand is well known and adventure proven: Teva. Since I live in a four-season climate, they should have lasted longer than they did. Walking into the REI retail store in a much older pair of Tevas I wore when traveling to South America, I talked briefly with a salesperson in REI shoe department who found a replacement pair of a different model for me in minutes. No hassle. No runaround. Try that at a big box retailer or chain.

Legendary Italian carmaker, Pininfarina, may yet have some surprises up its sleeves. Even with recent financial difficulties, Pininfarina’s CEO, Silvio Pietro Angori, told Italian newspaper, Il Sole 24, that the company’s Bluecar electric car venture with french investor Vincent Bollore is not simply a concept car and still on track for a 2011 market debut.

Time-traveling to 2010 reveals how some of Washington’s worst-kept secrets will catch up with President Obama and cripple his climate agenda.

October 7, 2009

Our Global Ponzi Economy

Lester R. Brown

Our mismanaged world economy today has many of the characteristics of a Ponzi scheme. A Ponzi scheme takes payments from a broad base of investors and uses these to pay off returns. It creates the illusion that it is providing a highly attractive rate of return on investment as a result of savvy investment decisions when in fact these irresistibly high earnings are in part the result of consuming the asset base itself. A Ponzi scheme investment fund can last only as long as the flow of new investments is sufficient to sustain the high rates of return paid out to previous investors. When this is no longer possible, the scheme collapses-just as Bernard Madoff’s $65-billion investment fund did in December 2008.

Although the functioning of the global economy and a Ponzi investment scheme are not entirely analogous, there are some disturbing parallels. As recently as 1950 or so, the world economy was living more or less within its means, consuming only the sustainable yield, the interest of the natural systems that support it. But then as the economy doubled, and doubled again, and yet again, multiplying eightfold, it began to outrun sustainable yields and to consume the asset base itself.

There’s just too much emphasis on “getting a job” these days.

Okay, so we’re at nearly 10 percent unemployment nationally (if you believe the Federal numbers), so many people are without a steady stream of bi-monthly paychecks. Yet, 90 percent of Americans who had a job when the economy tanked, still do. But for some that means being a wage serf, cubicle clone or working in the Dilbert world of dysfunctional corporate America – working hard to make someone else richer (and often, with ecological impacts). There’s too many CEO bonuses and none for the employees who clean the counters, work on the assembly lines (ideally making hybrid vehicles), or take care of customers. The vast majority of education system continues to be committed to helping people find jobs, not make a sustainble life, especially one that doesn’t destroy the planet or exploit people (though more are starting “sustainability curricula”).

What we need is less of an emphasis on transforming less-green jobs to more-green jobs for the plethora of job seekers. There’s nothing wrong with getting a job (there are a few great companies, some that even offer employee ownership and stock, in addition to addressing the development needs of their workforce).

But if you want to gain an upper hand on life, more self-employed or self-owned enterprises are discovered that you can keep more of your hard-earned money by working for yourself. As I write about in ECOpreneuring, doing so allows you to also reinvest our profits in ways that either restore the planet and/or improve the well being of people living in our community, nation and planet. These businesses have a triple bottom line and many have ditched the commute to some office, working, instead, from a home office.

“The United States is in a sense climate illiterate still,” Hans Schellnhuber, the director of Germany’s Potsdam Institute for Climate Impact Research said earlier this week.

He wasn’t just comparing the US to the EU, however. Even developing nations seem to know more about the issue and the potential results of inaction.

A new study by nearly 30 of the world’s best scientists concludes that we have crossed three of the world’s nine thresholds. It is not only about climate change.

We all give to environmental non-profits for different reasons.  Sometimes, with local groups, it’s to fight a certain development or to protest a local company’s toxic emissions.  With national groups, it’s usually to fight policies we don’t agree with that come from governments or multinational companies.  Sometimes we win, sometimes we don’t.  And even when we do, there are often compromises that make our hard fought victory less effective.  It seems there is never a sure bet.  Or is there?

There is one surefire way that donations will result in decreased emissions, decreased consumption, and slowing of environmental degradation.  Can you guess how? 

181 of the world’s largest investors say that the climate agreement in Copenhagen needs to be strong and binding.

This is from companies managing over $13 trillion and is the largest such statement to date. Their proposals are even stronger than what most activist organizations are asking for.