Chelsea Green Publishing

Chelsea Green Blog

A $1.5 trillion voter for climate solutions

Our friends at The Guardian report that
Some of the largest institutional investors in the world yesterday called on the US Congress to introduce a mandatory national policy to reduce greenhouse gas emissions by up to 90% below 1990 levels by 2050. It is the latest move that underlines the way business leaders have dramatically seized the environmental agenda and are now pushing politicians to tackle global warming. The group of 40 investors, which includes F&C Asset Management in London and controls $1.5tr (£760bn) worth of funds, also wants the financial regulator, the US Securities and Exchange Commission (SEC), to insist that companies listed in New York and elsewhere disclose their exposure to climate change risk. The investment houses are demanding that equity analysts and ratings agencies calculate the potential carbon costs for companies such as Shell, BP and electricity utilities which are involved in polluting activities such as producing oil from tar sands and operating coal-fired power stations. [cont’d]
Okay, so it’s not an election that results in direct action, but in the world of opinion (I hesitate to say “popular opinion” since institutional investors are quite a bit removed from the great unwashed masses), these folks have a tendency of getting their way–usually for the worse, but sometimes, perhaps this time, for the best.
….Mindy Lubber, president of Ceres, made clear that the move was partly self-serving. “This action plan reflects the many investment opportunities that exist today to dent global warming pollution, build profits and benefit the global economy. Leveraging the vast energy efficiency opportunities at home and abroad holds especially great promise for investors.”
Speaking of investment opportunities, may I suggest trading in emissions permits issued as part of a cap-and-dividend program?

The 5 Rules of Lean Thinking

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Imagination, Purpose & Flexibility: Creating an Independent Farmstead – Q&A (part 1)

Twenty years ago, the land that authors Shawn and Beth Dougherty purchased and have come to name the Sow’s Ear was deemed “not suitable for agriculture” by the state of Ohio. Today, their family raises and grows 90% of their own food.Such self-sufficiency is largely the result of basing their farming practices around intensive pasture […] Read More

Using Permaculture Principles to Design Resilient Cities

The Permaculture City begins in the garden but takes what we have learned there and applies it to a much broader range of human experience; we’re not just gardening plants but people, neighborhoods, and even cultures.Author Toby Hemenway (Gaia’s Garden) lays out how permaculture design can help towndwellers solve the challenges of meeting our needs […] Read More

Overshoot, Collapse, and Creating a Better Future

In 2016, Earth Overshoot Day happened on August 8—the day when we’ve exhausted the planet’s resources for the year, and are essentially borrowing from future years to maintain our existence today.Perhaps you celebrated this day with a counter-solution: a vegetarian meal, telecommuted, or turned off the air conditioning. There’s a lot more you could be […] Read More

Save Energy & Money This Winter: Seal Up Your Drafty House

Unless you’ve taken special preventative precautions, it’s likely that on cold days much of your house’s heat pours out through your (closed) windows. Most houses—especially old houses—have drafty, uninsulated windows that do little to prevent heat from dumping out into the cold night. Even if your windows aren’t drafty, the expensive heat your furnace has […] Read More
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