FROM THE EDITOR
Pay Now, or Pay Later: the Business Case for Carbon Reduction
$150 billion. That’s the latest estimate of the cost to the U.S. economy of not taking action to reduce carbon pollution, according to a report by the White House Council of Economic Advisors. The sobering study was released as public hearings on the EPA’s proposal to impose curbs on coal-fired power plants are being held around the country. The Council’s analysis supports the Administration’s argument that the long-term expense of not cutting carbon emissions will be higher than the short-term cost of adopting the proposed regulation. The bottom line? Climate-change costs will increase by 40 percent for every decade in which action is not taken, says the Council. The report echoes the “Risky Business” report issued last month which reached the same conclusion. Pay now, or pay later—as is always the case with transformative policy changes.
John Howell, Editorial Director
News & Blogs
Guest Blog by Cheryl Heller, Founding Chair of SVA’s MFA program in Design for Social Innovation
The most pressing challenge businesses face isn’t finding new opportunities for growth and market share; it’s changing the way they approach their challenges in the first place. And there’s no better way to change that approach than through design for social innovation.
(3BL Media/Justmeans) - When ideas collide, great things happen. Plus, when we involve young thinkers in this process, exciting things happen, including solutions. Engaging young people to help create social change gives them life skills and provides their communities with a range of locally led solutions and innovations.
(3BL Media/Justmeans) - What if we could take all that carbon dioxide that we have too much of and turn it into a clean energy source? Sound far-fetched? Well, it isn’t really. After all, plants do it every day. That is much of the rationale behind biofuels. Let the plants store the solar energy as sugars, starches, etc., which we then convert into things that our machinery can use (e.g. ethanol, bio-diesel).
Learning how to use new technology can be a lot of fun. This is the ethos of the events put together by Embark Labs when they teach children as young as seven years old to program.
Embark Labs recently hosted an event at Cisco headquarters in Santa Clara, CA as part of the company’s Community Relations program. Children learn not only how to program, but also get the opportunity to develop other skills such as problem solving, creativity and collaboration.
Guest Blog by Mark Schapiro, author of Carbon Shock: A Tale of Risk and Calculus on the Front Lines of a Disrupted Global Economy
In June, a decades-long open secret hit the media like a typhoon: Climate change is the fundamental economic challenge of our time.