Pittsburgh Jobs Conference to Focus on Greening of US Industry, Spurring Transition to 'Green-collar' Workforce

The emergence of ecological economic trends, methods and industries, means that a wave of job creation could be the stabilizing factor which helps American industry recover both momentum and public appeal, potentially helping to ease pricing pressures and banks' concerns about lending to individuals and small and medium-sized businesses.

An industry-environmentalist joint conference in Pittsburgh starting today will focus on the modes and the meaning of green job creation. According to the Houston Chronicle, "The growth of renewable energy should produce some 850,000 new jobs at existing U.S. companies alone, said David Foster, executive director of the Blue Green Alliance, a group formed by the United Steelworkers union and the Sierra Club."

The conference has as its aim the education of public officials, industry executives and other decision-makers, in light of new directions in energy, in public funding, in the long-term virtues of green industry, for both private interest and public good. And ultimately, the goal is to promote and to measure the progress made toward recasting the American industrial economy to survive in a globalized economy where environmental sustainability —still seen as costly and frivolous by many in leadership positions— is a basic requirement.

• Houston Chronicle: "Conference to Focus on 'Green Jobs'"

Green Economy: Resilience Services Will Meet Opportunity & Urgency

HotSpring.fm :: The ongoing transition to an environmentally sustainable economy, focusing on energy and agricultural resources, is already opening the door to a range of new industrial and engineering services related to resource and ecosystem resilience (now understood to be vital to the stability of the natural environment whose own services underpin every element of our civilization).

More efficient management of water, better testing, diversification, distribution and self-sustainability of crop varieties, energy resources that do little to disrupt the natural environment but seriously impact the more harmful tendencies of our economic activity, sustainable transport (increasingly shifting toward the low-emissions and emissions-free standards), each play a vital role in the emerging resilience economy.

What we are building into the global economy, in the same present tense, are both severely damaging extensions of now primitive industrial methods and also the antidotes or successors to those practices. As one after another city, province, region or state, begins to view its own natural habitat as an economic asset, resilience services and the goal of self-regulating elasticity become key market-altering forces, on both the conceptual and practical levels.

New technologies may go a long way to helping us serve the resilience interests of local and international markets, in ways that remain difficult to envision. The first wave of such technologies will likely be those that supplement energy production and reduce demand for high-polluting carbon-based fuels, while advances in overall efficiency and resource-light information distribution will continue to reshape economic output in favor of resilience and sustainability. [Full Story]

Green Investment Boom Gets Traction: Fund Promises $10 Billion for Clean Energy

HotSpring.fm :: The private investment fund Ceres, a group of institutional investors, has promised to devote $10 billion to investment in clean energy sources. The news comes as 3 of the world’s major oil companies call for coordinated policy on how to face climate change, constrain emissions, and a couple of months after 150 global corporations asked for a major boost in subsidized research into transitioning to clean energy technologies.

The Financial Times reports “A group of nearly 50 institutional investors has pledged to invest at least $10bn (£5.1bn) in environmental technologies and to incorporate ‘green’ standards in investment decisions”. The fund’s president, Mindy Lubber, said during the press conference at UN Headquarters in New York, “This action plan reflects the many investment opportunities that exist today to put a dent in global warming pollution, build profits and benefit the global economy”.

The cost of the climate change burden is increasingly on the minds of corporate leaders, financiers and investors, and the glittering potential of economic windfall in pioneering the green economy is catching the eyes of investors and political leaders. Bio-ethanol, a crop-based fuel source, considered cleaner than fossil fuels, and having the benefit of being a renewable fuel source, has shown tremendous potential for financial growth.

In July 2006, Sentido.tv [a project of Hot Spring and Quipu's publisher], reported that:

The global wind-generation resource has been estimated at 72 terawatts, 40 times the entire global demand for 2000. Eliminating peat bogs and other highly vulnerable ecosystems from that resource potential will cut into the global capacity, but at 40 times demand, or 20 times or even at 10 times, there is clearly room to work with.

Finding the right combination of resources, in terms of cost-effective construction and maintenance, infrastructure development and ugrading, and stabilizing the role of consumers in both production and usage (solar and wind energy permit fitted individual homes to become production mechanisms expanding grid potential), will allow for the creation of a far more efficient and by extension, economically viable and sustainable energy market. This could be extended to a global scale, if investment accurately discerns and follows opportunity. [Complete Text]

Elections, Credit, Fuel Costs, Soil Quality, Water Policy & Access to Food Crucial in 2008

Sentido.tv :: 2008 will be a year in which the integrity of election processes, the quality and resilience of cultivated soils, the availability of credit to consumers, the affordability of homes and rentals, and access to affordable vital staples like food and water, as well as the cost of transportation, will affect economies the world over. Some economic analysts have said the combination of these factors, resulting instability or environmental degradation, and migration of affected populations, could mean the world is facing an unprecedented level of economic precariousness.

2007 saw prices of commodities, ranging from grains, to metals to petroleum, skyrocket, with mining giants like Río Tinto tripling their stock value, and the price of bread in Mediterranean countries like Spain, jumping 40%. The Earth Policy Institute reports that world grain stocks are at an all-time record low, with only about 54 days of consumption available in case of crop failure or demand-driven scarcity. Drinkable water is also frighteningly scarce, with overpumping of fossil aquifers already beyond sustainable and on the rise. [Complete Text]

The 12-year Sea Change, the Green Economy

Between the years 2008 and 2020, we are likely to see a still unimaginably sweeping shift away from fossil fuels and high-contamination modes of powering our economy. The transition will have a political component, but will be driven mostly by cost concerns, resource scarcity, and public demand for cleaner air and responsible climate policy, a demand which is not ideological in nature.

The long-term overhaul of the global economy, to bring it in line with what would be a responsible climate policy, will be more gradual, and has for some time now been taking its first halting steps toward acquiring momentum. But wealthy countries, ostensibly the most dependent on carbon-based fuels, also enjoy the conditions that permit broader flexibility in fuel resourcing, namely an economic cushion and variety in the marketplace.

It is often necessary to assess economic trends in emotional terms, or to use a new catch-phrase in social awareness and economic undercurrent analysis, to locate the 'tipping point', after which momentum becomes reality. This idea is attractive to those who want the market to 'set' the rules, i.e., design-in public consciousness and cost-considerations based on 'what the market will bear'.

This last idea is often used to justify the notion that a commonly talked-about direction is the inevitable direction: not for reasons of a grand conspiracy nor because one company will profit from its point of view taking hold, but because if the known ideas dovetail with real economic momentum, then investors find some measure of stability. Instead of blaming the 'perfect storm' of unforeseen events for a given failure, they believe they'll be able to cite something like a 'perfect groupthink', with a delightfully positive outcome.

The problem is: groupthink as is well known is not a grand scheme brought into being by the best and brightest minds to achieve the most good for the largest number of people or interests; it is a way in which deferring to incomplete ideas bandied about in an echo-chamber leads to poor decision-making, hands bound, intellectual traps and the failure of policy to meet the moment.

So, the market may signal a point of 'readiness' in consumer consciousness, or the tipping point in support among those who will have to actually 'transition' their systems into the new cleaner model, but it will not give us sound policy suggestions. It will be emotional, slow to react, and not thoughtful enough. We must still look to the human element, to scientific analysis, and to the imagination of those tuned to the problem.

On 30 November, the AP and the Washington Post reported that officials from 150 global corporations, worth more than $4 trillion in market capital, have signed a petition urging strong action to mandate emissions cuts and reduce global carbon emissions by at least 50% by 2050. The move reflects a growing unease about inaction by policy-makers, that unease rooted in the feeling that irresponsible delays will cost far more later, possibly sinking large companies when mandatory cuts are, potentially and by need, more radical and harder to adjust to.

Concerns about the rapidly rising cost of fuel for heating indoor spaces or providing electricity, are driving a race to implement environmentally-friendly building techniques: structures that leak less heat, or that are easier to power, or include power-generating elements like solar paneling, which can now be integrated into roofing or cladding.

Cost is a major concern, but the goal is elasticity, protecting the bottom-line while allowing a company to weather price pressures from volatility in fossil fuel markets. The result is what looks like a move toward ecological responsibility in building practices, a first step toward re-structuring an economy that feeds on environmental degradation, in hopes it can be made sustainable.

Preventive Measures to Curb Damage from Climate Change: How Close Are They?

Sentido.tv :: Can the world prepare to face the potential economic fallout from increasingly intense weather phenomena, prolonged heat waves, desertification, ice-melt and flooding? While there is no clear proof Hurricane Katrina was a direct result of climate change, hurricanes of such intensity will become increasingly frequent as Gulf waters warm; the aftermath provides real instruction for just how fragile the social fabric can be in the face of natural disaster.

A major US city and one of the world's major ports famously collapsed in the face of overwhelming inundation; society unraveled and the horrors were widely reported, with the military deployed to "pacify" the afflicted population. One of the great lessons is that that aftermath was likely wholly preventable, had warnings been heeded and the proper measures put in place.

One of the most common arguments against comprehensive action to halt or slow climate change or to reduce carbon emissions or penalize polluters is that it would "hurt the economy". This is, first of all, shamefully unimaginative, and second, entirely untrue. There is no reason that the enormous amount of spending involved in overhauling global industry and transportation should in any way represent an obstacle to economic growth. Quite the contrary, it may be the biggest boom on record, if spending on innovation, sustainability and development, are properly encouraged.

Governments have a role to play, but private business will have to stoop dragging its feet. Until now, caution in committing to clean energy solutions has been short-sighted and ill-advised. From now on, it may be fundamentally dangerous: society as a whole needs the economic elasticity provided by sustainable fuel sources, and businesses need to adapt now to the coming climate crunch, which will highly regulate destructive activities, such as pollution. [Complete Text]