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Transforming the corporate sector - fear of the future holding leaders back

Transforming the corporate sector - fear of the future holding leaders back | The Great Transition | Scoop.it
Businesses will stick to the status quo whatever the disastrous consequences unless we build a credible sustainability vision
Willy De Backer's insight:

Excellent article by Jo Cofino of the Guardian underlining the need for the sustainability movement to stop analysing and start doing.

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Willy De Backer's curator insight, April 13, 2013 5:08 AM

"To create the pathway for fundamental change, it is therefore vital that we mainstream a credible vision of a prosperous future within planetary boundaries, but the sustainability movement has so far failed to do this." - so correct!

Antoine Moore's comment, April 16, 2013 8:47 AM
To me the most salient statement of this article was this: Standing back from the whole sustainability debate, the sense I have is that before we can come up with a credible future vision, we must firstly let go of our egoic need to be in control and be right. The paradox is that only by embracing uncertainty, will the way forward start to manifest." Business leaders have to become more comfortable with uncertainty and not knowing upfront the way forward which presumably might also suggest the possibility of not acting but rather sensing into the storyline unfolding in the field of one's experience.
Eli Levine's curator insight, March 11, 2:25 PM

Even if a new and functional vision of the world were to come up, would they listen?

 

Would they see?

 

We're a species that is perfectly capable of adaptation and self-produced evolution.

 

How is it that these folks aren't changing themselves for the sake of their own long term (and short term, btw) beneft?

 

Where is the failure to connect?

 

And, more importantly, how do we actually change them, before it's too late for all of us?

 

Think about it.

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The Great Transition
Policy news & blueprints for the transition to a new Sustainable and Social Economy
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Growth: the destructive god that can never be appeased

Growth: the destructive god that can never be appeased | The Great Transition | Scoop.it
To try to stabilise this system, governments behave like soldiers billeted in an ancient manor, burning the furniture, the paintings and the stairs to keep themselves warm for a night. They are breaking up the postwar settlement, our public health services and social safety nets, above all the living world, to produce ephemeral spurts of growth. Magnificent habitats, the benign and fragile climate in which we have prospered, species that have lived on earth for millions of years – all are being stacked on to the fire, their protection characterised as an impediment to growth.
Willy De Backer's insight:

Brilliant must-read article By George Monbiot on the delusion of economic growth

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The Coming Blackout Epidemic

The Coming Blackout Epidemic | The Great Transition | Scoop.it
“We need a fundamental re-think about how electricity is generated and distributed and who controls this,” said lead author Prof Hugh Byrd of Lincoln University, a specialist in international energy policy and urban sustainability. “It is not in the interests of the privatized power industry to encourage less electricity consumption.”
Willy De Backer's insight:

Great must-read article by Nafeez Ahmed on the looming power crisis in 'developed' countries

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Suffizienz als Teil der Energiewende

Suffizienz als Teil der Energiewende | The Great Transition | Scoop.it
Es zeigt sich, dass unsere Lebensweise die Freiheitsrechte vieler gleichzeitig Lebender und erst recht unserer Kinder und Enkel in bedrohlichem Ausmaß einschränkt. Absolute Grenzen für Ressourcenverbrauch und CO2-Ausstoß sind geradezu zwingend notwendig, wenn man den Freiheitsgrundsatz zu Ende denkt. Die Einsicht in die Notwendigkeit ist nicht eine Behinderung der Freiheit – es ist ihre Bedingung.
Willy De Backer's insight:

Very good article (in German only) about the need to see sufficiency as the key to the energy transition.

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Green jobs debate should look beyond short-term benefits, says UKERC report

Green jobs debate should look beyond short-term benefits, says UKERC report | The Great Transition | Scoop.it
renewable energy and energy efficiency create up to 1 job per gigawatt-hour more than fossil fuels and when the economy is underperforming, such as during a recession, it is sensible to focus government expenditure on these labour-intensive sectors.
Willy De Backer's insight:

Good report on jobs in renewable energy sector from UK energy think tank.

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Job Growth, but No Raises

Job Growth, but No Raises | The Great Transition | Scoop.it
Since the recovery began in mid-2009, inflation-adjusted figures show that the economy has grown by 12 percent; corporate profits, by 46 percent; and the broad stock market, by 92 percent. Median household income has contracted by 3 percent
Willy De Backer's insight:

Economic growth has become uneconomic and antisocial. Not to mention the ecological impacts.

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Like Daedalus, we should use our judgment to thrive within limits

Like Daedalus, we should use our judgment to thrive within limits | The Great Transition | Scoop.it
Andrew Simms: Let’s kick the carbon habit and shift to benign sources before the civilisation wrecks its own life support systems
Willy De Backer's insight:

Must-read article by NEF's Andrew Simms.

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Fossil fuels 'must go by 2100' - IPCC

Fossil fuels 'must go by 2100' - IPCC | The Great Transition | Scoop.it

The unrestricted use of fossil fuels should be phased out by 2100, if the world is to avoid dangerous climate change, a UN-backed expert panel says.

Willy De Backer's insight:

BBC article on the adoption of the IPCC's synthesis report.

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The Revolution That Wasn’t: Why the Fracking Phenomenon Will Leave Us High and Dry

The Revolution That Wasn’t: Why the Fracking Phenomenon Will Leave Us High and Dry | The Great Transition | Scoop.it
the so-called “shale revolution” has more in common with the California Gold Rush and the Dot-Com Bubble than a new golden age of energy abundance. The implications of this are profound. If the “shale revolution” is nothing more than a temporary respite from the inevitable decline in US oil and gas production, then why are we rushing to rewrite our domestic and foreign policy as if we’re going to be “Saudi America” for the rest of the century?
Willy De Backer's insight:

Excellent article from the Post-carbon institute. For all those who think Europe also has to walk the yellow brick road that leads to nowhere.

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A New Macroeconomic Strategy

A New Macroeconomic Strategy | The Great Transition | Scoop.it
Neither neo-Keynesians nor supply-siders focus on the true remedies for this persistent drop in investment spending. Our societies urgently need more investment, particularly to convert heavily polluting, energy-intensive, and high-carbon production into sustainable economies based on the efficient use of natural resources and a shift to low-carbon energy sources. Such investments require complementary steps by the public and private sectors.
Willy De Backer's insight:

Jeffrey Sachs is absolutely correct in his criticism of both camps of economists (supply-siders and neo-Keynesians). What we need is radical reform of our economies and of economists.

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EEA: Production and consumption systems need fundamental rethink

EEA: Production and consumption systems need fundamental rethink | The Great Transition | Scoop.it
Production and consumption systems in the European Union have large, global impacts on the environment. More sustainable ways of satisfying our needs are emerging, but they need more support, according to a new assessment.
Willy De Backer's insight:

The European Environment Agency admits we have to live within the limits of the planet, but still  clings to the growth ideology. Thinking beyond growth is clearly too fundamental.

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Eurozone stagnation is a greater threat than debt

Eurozone stagnation is a greater threat than debt | The Great Transition | Scoop.it
It would be wrong to think last week’s global market gyrations signal a return of the eurozone debt crisis. Sovereign bond spreads in the eurozone did not move by much, except in Greece. What happened last week is something rather different.
Willy De Backer's insight:

Interesting that the 'secular stagnation' narrative is convincing more economists and pundits. How long before they will recognise that we have entered the post-growth era?

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Price fall hastens decline of 'big oil' as Western majors retreat

LONDON (Reuters) - This year's fall in energy prices is hastening the decline of big oil, as the seven Western majors sell-off assets, cut investment, return money to shareholders and shrink in size,
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Want to Get into the Doughnut? Tackle Inequality

Want to Get into the Doughnut? Tackle Inequality | The Great Transition | Scoop.it
...we need to get into the doughnut: the safe and just sweet spot between social and planetary boundaries
Willy De Backer's insight:

must-read article by Kate Raworth.

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CO2 emissions must be zero by 2070 to prevent climate disaster, UN says

CO2 emissions must be zero by 2070 to prevent climate disaster,  UN says | The Great Transition | Scoop.it
‘Negative emissions’ are needed globally by second half of century to stave off dangerous climate change, say UN scientists
Willy De Backer's insight:

Good article by Arthur Neslen in The Guardian.

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Use and Abuse of the “Natural Capital” Concept

Use and Abuse of the “Natural Capital” Concept | The Great Transition | Scoop.it
Big problems certainly arise when we consider natural capital as expressible as a sum of money (financial capital), and then take money in the bank growing at the interest rate as the standard by which to judge whether the value of natural capital is growing fast enough, and then, following the rules of present value maximization, liquidate populations growing slower than the interest rate and replace them with faster growing ones. This is not how the ecosystem works. Money is fungible, natural stocks are not; money has no physical dimension, natural populations do. Exchanges of matter and energy among parts of the ecosystem have an objective ecological basis. They are not governed by prices based on subjective human preferences in the market.
Willy De Backer's insight:

Excellent must-read article by Herman Daly, the father of ecological economics, on the monetary valuation of 'natural capital'

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Fossil fuel promises 'being broken'

Fossil fuel promises 'being broken' | The Great Transition | Scoop.it

"The Overseas Development Institute says G20 nations spent almost £56bn ($90bn) a year finding oil, gas and coal. It comes despite evidence that two thirds of existing reserves must be left in the ground if the world is to avoid dangerous climate change."

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Capitalism Is a Tumor on the Body Politic: What's the Alternative? Beyond Mid-Election Babble

Capitalism Is a Tumor on the Body Politic: What's the Alternative? Beyond Mid-Election Babble | The Great Transition | Scoop.it
The only major difference between these parties is that the Republicans wage naked class warfare without any apologies or political concessions while the Democrats offer a few painkillers to soften the blow. In some cases, Democratic leaders such as Bill Clinton and Barack Obama outdid their Republican counterparts in consolidating class power, while imposing enormous hardships and misery on the poor and middle class.
Willy De Backer's insight:

Brilliant analysis by Henry Giroux of the US mid-term elections and the role culture and education in political paradigm changes

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Society must call business' bluff on its fixation with profit maximisation

Society must call business' bluff on its fixation with profit maximisation | The Great Transition | Scoop.it
Executives have no choice but to cut themselves off from their own humanity when they choose to pay the lowest wages possible, destroy ecosystems and damage community cohesion.

The only reason this ruinous idea of running a business is allowed to continue is because enough executives still collude with each other to justify it and society has not yet called their bluff.
Willy De Backer's insight:

Excellent must-read article in the Guardian's sustainable business section.

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Are We Hard-Wired to Think We Can Grow Forever?

Are We Hard-Wired to Think We Can Grow Forever? | The Great Transition | Scoop.it
Trailblazing behavioural economists like Daniel Kahneman have discovered that human beings are highly irrational creatures prone to delusion, cynicism, and short-termism. In ecological economics, Bill Rees has argued that our mental genetic presets have hard-wired us for overconsumption and ecological doom. And now, according to a new theory by Ajit Varki and Danny Brower, perhaps it all stems from an overarching psychological predisposition to denial.
Willy De Backer's insight:

Very good article in the Daly News on why we are not willing to accept the post-growth paradigm.

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Nuno Gaspar de Oliveira's curator insight, November 2, 12:38 PM

Ecological economist Bill Rees argues that our ancient “triune” brain is hard-wired for short-term rewards, and those rewards have been amplified by the abundance of our fossil fuel driven economy. Our brain, which runs on an outdated OS, has leveraged its propensity for denial to construct a myth of perpetual growth wherein we can grow the economy and achieve short-term rewards forever.

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9 Significant Scientific Findings too Recent to Be Included in the New IPCC Report

9 Significant Scientific Findings too Recent to Be Included in the New IPCC Report | The Great Transition | Scoop.it
The Intergovernmental Panel on Climate Change (IPCC) will release its landmark synthesis report this weekend. The IPCC reports are the most comprehensive, authoritative consensus on climate change. However, the cut-off date for literature for each Assessment Report was in 2013 , so it’s worth taking stock of recent scientific advancements and climate-related events that have occurred since then.

Check out nine findings that illustrate how the trends documented in the IPCC continue to take a toll, and in some cases, may be underestimated.
Willy De Backer's insight:

Why the IPCC synthesis report is already outdated and the situation worse than the report will dare to describe.

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The Looming Financial Crisis

As the prospect of global financial crisis beckons once again, will our elected leaders finally accept the need for an entirely new economic approach that breaks away from the primacy of growth and profit – or will their hand be forced by a resurgence of mass public protest?
Willy De Backer's insight:

Excellent article - "any solution will require a decisive break away from the myopic pursuit of economic growth, the maximisation of corporate profit, and the relentless promotion of consumerist values. As campaigners have long been demanding in response to the convergence of crises we face, we urgently need a new economic paradigm – one in which wealth, power and resources are shared more equitably and sustainably within nations and internationally."

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The Future of Work, Leisure and Consumption

We’re going to have to deal with working hours, because that’s the only way to stop expanding the size of the economy in any sensible way. So the core of what we need to do is to get back on the trajectory of using productivity growth to reduce hours of work. And that then opens up incredible possibilities in terms of rebalancing the labor market, integrating the unemployed, and having a fairer distribution of hours.
Willy De Backer's insight:

Great must-read interview with economist Juliet Schor on the crisis, consumption and the need to reduce working time.

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The Great Transition

The Great Transition | The Great Transition | Scoop.it
This time, with sustainability, it is going to be different. Why is that so? Sustainability implies an economic regime that stays safely within the limits of a finite planet, subjugating the profit principle to the well-being of natural ecosystems. This is, for the first time, an absolute boundary on economic activities and the most wanted innovation would then be an answer to the question of what vision we have for the economy of a sustainability society.
Willy De Backer's insight:

Excellent must-read essay by Dr. Reichel on the need to change business models and organisational forms for a post-growth society.

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As cracks in its economy widen, is Germany’s miracle about to fade?

As cracks in its economy widen, is Germany’s miracle about to fade? | The Great Transition | Scoop.it
Philip Oltermann: As the markets tumbled last week, Germany, hailed only months ago for its resilience in the European crisis, came under fresh scrutiny. What lies ahead for the European powerhouse?
Willy De Backer's insight:

How Merkel's austerity obsession will kill the German and European economy.

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This new study explains why fracking won't solve the climate crisis.

This new study explains why fracking won't solve the climate crisis. | The Great Transition | Scoop.it
that natural gas is essentially useless as a climate solution unless it is buttressed by new policies that discourage carbon pollution and promote investment in renewable energy.
Willy De Backer's insight:

Summary of a new study in Nature on the fracking 'revolution' and its use to help tackle climate change.

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Julia C.'s curator insight, October 20, 9:39 AM

Mostly cons side.

Janet R.'s curator insight, October 21, 12:27 PM

Good page if you're looking for cons

Sophia L.'s curator insight, October 21, 12:41 PM

It's a good article