Friday, October 10, 2014

Friday Five: October 10, 2014...A New Hope

Although stories of hope appear regularly in the weekly news, this week saw an abundance of them, starting with improved air quality in Southern California...perhaps what we might call the birthplace of the modern air quality movement. Beijing 2014 reminds us of LA 1973...the moment of clarity when we figured out we couldn't just dump everything into the atmosphere and hope for the best.
Cancer risk from air pollution drops in Southern California
"The analysis found that exposure to dozens of toxic air contaminants could result in 418 cancer cases per 1 million people over 70 years, or a lifetime. That is down from an average risk of 1,194 cases per million found in the air district's study of the region in 2005.
Health experts recommend a limit of 10 cancer cases per 1 million people over 70 years.
Current state guidelines underestimate the true cancer risk, air quality officials acknowledged, and are expected to be revised upward next year based on new science that shows breathing toxic substances has more serious health effects than previously thought."

Economics does not improve without an increase in scale. An increase in scale does not happen unless there is a market. There is no market without education and innovation. There is no education without groundbreakers willing to change the way we do things. Thank you to all those who fought for a change in our energy systems....your efforts are finally paying off.
Two large forces moving business closer to climate action
"The We Mean Business report cites an internal rate of return of 81% (that’s a ridiculous payback) on energy efficiency in the U.S., and an IRR of 27% for those companies with the most aggressive, science-based goals and actions on climate. Even the most “expensive” options like renewables are becoming cheap so fast that it’s making CFOs’ heads spin. Even those hippies over at asset manager Lazard calculate that the cost of solar PV technologies has dropped nearly 80% in five years. Assuming that we’ll lose money by radically cutting carbon has become a radically outdated idea."

In 1999, the Chicago White Sox traded a young center fielder named Mike Cameron to the Reds. The Reds would turn around the next year and trade him to the Seattle Mariners who went to the playoffs that year. Mike would go on to win 3 Gold Gloves, make the All Star team, and finish in the top 25 in MVP voting twice. In return the Chicago White Sox got Paul Konerko...the Reds got Ken Griffey, Jr. Trades are good...especially when they benefit both parties.
Climate trades
"Liberia has much of what remains of West Africa’s rain forest, but logging is rampant. The initiative is not an act of charity but a trade: Liberia gets income, which it needs; Norway gets to preserve biodiversity and take a small step against climate change. A similar deal that Norway struck with Brazil years ago helped slow deforestation there. Economists call arrangements of this kind 'payments for ecosystem services,' and they follow a rationale known as the Coase theorem. In 1960, the economist Ronald Coase argued that bargaining between parties could, under certain conditions, produce a mutually beneficial and efficient solution to problems like pollution. Trying to force Liberia to stop chopping down trees (by using, say, sanctions) would be high-handed and probably ineffective. Paying Liberia to do so makes both sides better off."

We bet on humanity because we have an infinite ability to come up with solutions that allow us to adapt. The question is not whether we can, but whether we want to.
In virtual mega-drought, California avoids defeat
"Under that scenario, experts say, irrigated farm acreage would plunge. Aquatic ecosystems would suffer, with some struggling salmon runs fading out of existence.
Urban water rates would climb. The iconic suburban lawn would all but disappear. Coastal Californians would stop dumping most of their treated sewage and urban runoff from rain storms into the Pacific and instead add it to their water supply."

As we have had our faith shaken in government by the politicking of big business, we are left with only consumer-driven advocacy as our tool to combat unethical business practices. The irony is, sometimes, that advocacy works.
Bust out the LEGOs: The toymaker cuts ties with Big Oil
"LEGO’s move may prompt other companies to think twice about partnerships with Big Oil, but that doesn’t mean that everything is awesome quite yet. Shell still plans to drill offshore in the U.S. and explore off the coast of northern Alaska in 2015. Which makes us wonder: How many tiny, drowning LEGO fishermen would it take to put a stop to that?"

Happy Friday!


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