What America Needs to Understand About Capitalism

July 13, 2019 by Project Syndicate by Clair Brown, Simon Sällström The United States has the resources to create a better capitalist system, and it is clear which policies can improve wellbeing today and create a more equitable and sustainable economy for future generations. Now the country needs to elect a president and Congress that can build this system. Our research …

Systemic financial risk

Excerpt “It’s a lot harder to dismiss the idea of systemic risk as ‘some scientist trying to make a buck’ when it’s central bankers who are saying it,” said Jamie Bonham, manager of corporate engagement at NEI Investments, a Toronto firm which manages $7.6 billion for investors. “They’re as conservative a group as you can get, so I do hope …

CCAs helping California get to 60% renewables by 2030 in the power sector and zero-emissions economy-wide by 2045

Community Choice Aggregators say they will use resource diversity, distributed energy resources and load management to lead California beyond its 2030 renewables goals. CCAs face unique challenges. Their lack of established credit may prevent new procurement, some power sector stakeholders told Utility Dive. CCAs responded that they will use resource diversity, distributed energy resources (DER), and load management to lead …

With another 2.5 billion urban dwellers predicted within the next 30 years, should we expand existing cities? Or is there a case for starting afresh?

Excerpt from The Guardian, July 2019 “The major reason for new cities is that there is so much migration,” says John Macomber, a senior lecturer at Harvard Business School who has studied new city development in depth. “People are moving to cities all over the world to seek opportunity.” According to the UN, 68% of the world’s population will be living in …

The Green New Deal is a chance to make clean energy accessible to all

BY EILLIE ANZILOTTI Fast Company, A GREEN NEW DEAL FOR BUSINESS, June 17, 2019 The Green New Deal is a chance to make clean energy accessible to all: Transitioning the U.S. economy from fossil fuels to 100% clean energy is a massive undertaking. But from an equity, economic, and environmental perspective, the opportunities far outweigh the costs. Late last year, California …

ASBC, Fast Company and FT on the Green New Deal

American Sustainable Business Council ask for all businesses – https://www.asbcouncil.org/support-green-new-deal A Green New Deal For Every Industry: In the midst of the opening presidential debates, Fast Company released a series on a Green New Deal Framework for 8 industries. Building, Transportation, Fashion, Banking, Philanthropy, Energy, Technology, Agriculture. We’re proud of this project edited by a New Economies Reporting Project The …

Takers and Makers: Who are the Real Value Creators? Where value meets profit meets economic rent, by Mariana Mazzucato. And deal with power…

The way the word ‘value’ is used in modern economics has made it easier for value-extracting activities to masquerade as value-creating activities. And in the process rents (unearned income) get confused with profits (earned income); inequality rises, and investment in the real economy falls. What’s more, if we cannot differentiate value creation from value extraction, it becomes nearly impossible to …

Business needs to shift to clean electricity and implement a Green New Deal

Excerpt from Fast Company, July 2019 – mostly seems to be wishful thinking. What if According to Johan Falk, research fellow at Stockholm Resilience Center and the Future Earth Institute, energy usage is the biggest barrier the industry faces in becoming truly sustainable. Falk is one of the co-authors of the Exponential Roadmap, a step-by-step framework that shows how every industry—including …

Extraction Casino: Mining Companies Gambling with Latin American Lives and Sovereignty through Supranational Arbitration (May 2019)

Extraction Casino: Mining Companies Gambling with Latin American Lives and Sovereignty through Supranational Arbitration (May 2019) During the last couple of decades—and particularly during the last ten years—mining companies have filed dozens of claims against Latin American countries before international arbitration panels, demanding compensation for court decisions, public policies and other government measures that they claim reduce the value of …