A list of useful mental models

Mental models are useful to try to make sense of things and to help generate ideas. To actually be useful, however, you have to apply them in the right context at the right time. And for that to happen naturally, you have to know them well and practice using them. Therefore, here are two suggestions for using this list: For …

BMW’s ReachNow car-sharing service, transit supportive, hits 40K members, eyes self-driving car tech

By Nat LEVY on January 12, 2017, GeekWire As the headquarters for BMW’s ReachNow car-sharing service, Seattle will be one of the first places people get to try out BMW autonomous vehicles. Steve Banfield, CEO of ReachNow, said Thursday at the Economic Development Council of Seattle & King County annual Economic Forecast Conference that BMW will test out its eventual self-driving …

Energy storage set to increase by 40x in developing countries in the next 8 or 9 years

Over the next eight to nine years, energy storage capacity in developing countries is expected to skyrocket from 2 gigawatts (GW) today to more than 80GW, according to a new report by the World Bank Group.  The report, “Energy Storage Trends and Opportunities in Emerging Markets,” indicates the annual growth in energy storage capacity will exceed 40% each year over …

“Many Areas of Appalachia and Mississippi Delta Have Lower Life Expectancy Than Bangladesh” – rent-seeking is causing inequality and suffering

Posted on January 12, 2017 by Yves Smith http://www.nakedcapitalism.com/2017/01/many-areas-appalachia-mississippi-delta-lower-life-expectancy-bangladesh.html Trump’s unexpected Presidential win appears to have delivered a wake-up call to the economics discipline. At a major industry conference, the annual Allied Social Sciences Associations meeting, a blue-chip panel of four Nobel Prize winners, Angus Deaton, Joe Stiglitz, Roger Myerson and Edmund Phelps, was in surprising agreement that capitalism had become unmoored and …

EV implementation scenario have positive social economic value based on fuel savings and jobs alone, not to mention air quality or climate change benefits

Results suggest positive total social economic value associated with increased PEV deployment, driven primarily by the private benefits of fuel savings. The net positive total social benefits for the Niche and Breakthrough scenarios are $4.7 and $9.3 billion per year by 2035, respectively. By comparison, the Aggressive and Low Cost scenarios have total social benefits estimated at $26.5 and $34.2 …

California legislation to require solar panels on new buildings

By ECT Jan 9, 2017, East County Today  California State Senator Scott Wiener (D-San Francisco) announced he will be introducing legislation on Monday that would make California the first state in the nation to require solar panels on new buildings. According to his post on Medium: Previously, as a member of the San Francisco Board of Supervisors, I authored similar solar legislation, …

China halts over 100 coal power projects, some already in construction

Reuters GLOBAL ENERGY NEWS | Tue Jan 17, 2017 |  In latest move, China halts over 100 coal power projects China’s energy regulator has ordered 11 provinces to stop more than 100 coal-fired power projects, with a combined installed capacity of more than 100 gigawatts, its latest dramatic step to curb the use of fossil fuels in the world’s top energy …

To Solve Inequality, We’ve Got to Think Bigger than Countries

By Peter Schurman, Jan 2017 Today we learn via OxFam that just eight men control half the world’s wealth. People are shaking their heads, but what would it take to change this? Nothing on the current policy menu will do the job. As the Panama Papershighlighted last spring, the ultra-rich simply hide money in other countries to shirk their tax …

Why we should all have a basic income

Scott Santens, originally published at WEforum.org Consider for a moment that from this day forward, on the first day of every month, around $1,000 is deposited into your bank account — because you are a citizen. This income is independent of every other source of income and guarantees you a monthly starting salary above the poverty line for the rest of your …

Agile unlearning: Learning new skills isn’t enough. You must also unlearn old ones

Chander Prakash Gurnani, Managing Director and Chief Executive Officer, Tech Mahindra Ltd.  Originally posted on the World Economic Forum’s WeForum.org When we look at the dizzying pace of digital transformation, emerging technologies, and rapidly changing social-economic trends, how can organizations keep up? A better question to ask may be, what’s required for them to thrive in the future? Of course, …