This is the most inspiring long-term chart you’ll see. It also blows up all relentlessly wrong arguments about fossil fuels as somehow sacred in their ability to help drive growth. Now, what would be more inspiring is pushing all of this forward orders of magnitude faster:
Yet another awful experience with the facts of carbon credit markets. No matter how much handy waving and whiny defensive spin is spun, this market, sadly, has not yet survived contact with actual facts: “How a clean cooking pioneer combusted”
www.ft.com/content/302d...
Hard truths from Vinod Khosla: “Founders: the real lesson from SVB collapse 3 years ago wasn’t diversify your bank. It was: find out now [if] your investor will wire money with no strings when everything breaks. Most won’t...will matter more than any term sheet”
khoslaventures.com/posts/march-...
"Any sufficiently advanced technology is indistinguishable from magic."~Arthur C. Clarke
Human brain cells on a chip learned to play Doom in a week
www.newscientist.com/article/2517...
Do the work. Ignore the noise. Win. But, also, get louder: why be intimidated into silence about how climate action drives financial wins? Silence is a form of cowardice that helps no one.
“Shhh. Companies are still quietly pursuing climate action.”
vitalsigns.edf.org/story/shhh-c...
Impact weight all risk assessments and act on those assessments. The bill always, always comes due — cheaper when paid early vs late: “After a Decade of Missteps, a Texas City Careens Toward a Water-Shortage Catastrophe”
insideclimatenews.org/news/0803202...
Sadly, today this looks ‘exceptional’. It should be a simple standard for any sane form of financial market supervision: “Singapore Sets Climate Risk Management Expectations for Banks, Investors, Insurers”
www.esgtoday.com/singapore-se...
To really win, as a company or a fund, you need to embed, as inseparable, the strategic and financial impacts that define success. To do that, you must be ‘multilingual’ about impact.
“How impact accounting can integrate sustainability with finance”
trellis.net/article/ever...
“Canada steps up on impact investing: impact investments have generated 13% compounded annual growth [and] impact measurement has gained traction and funds are increasingly domiciled locally – all signs of a sophisticated financial architecture.”
impactalpha.com/as-global-le...
There is one stakeholder, one, that fights better grid utilization at every turn, and always has: utilities. They get paid to waste resources and taxpayer money than they do to actually perform. Attack that, and we all make progress. Continue to coddle it, and we all lose.
t.co/TnOHKC3i0w?s...
“I think people dramatically underestimate the ROI of major public health initiatives - the value to civilization of eradicating a disease is especially high.” Charlie Petty
An extraordinary opportunity to turn data centers into grid assets vs liabilities, and thereby transform our entire energy infrastructure, is here now, today. An opportunity we are squandering, but I remain ever hopeful.
www.searchlightinstitute.org/research/sei...
Economists and the cost of climate change? Ostriches in the sand.
“Any fool can turn a blind eye but who knows what the ostrich sees in the sand”~Samuel Beckett
earth.org/have-economi...
Companies run tons of sustainability pilots, but do very little of the work to scale and deploy these? Why?
Study it all you want, but Elvis Presley presents the best answer: “A little less conversation, a little more action please”
trellis.net/article/why-...
This is the way the world needs, demands, companies and funds to work: “Why Suntory’s environmental chief also manages enterprise risk”
trellis.net/article/why-...
We’ve forfeited the right to ignore these options through decades of inaction and codddling of climate denialists. It’s time for a new generation to rethink…everything.
“A New Generation of Climate Scientists Warm Up to Solar Geoengineering”
insideclimatenews.org/news/0503202...
Ignoring the obvious boom in storage, climate denialists wrongly argue the volatility of renewables with the word ‘dunkelflaute’ when the real need is for a German word for…’fossil fuels don’t exist without wars and are always insanely volatile’
www.ft.com/content/001a...
3 types of impact focused companies and funds I love to work with:
(1) Says not doing impact: Doesn’t matter, impact is doing you;
(2) Says doing impact risk analysis: Good, not enough;
(3) Driving, embedded, inseparable, planetary and financial impact: Great, how to scale?
Why choose to ignore climate facts?
"Ignoring isn't the same as ignorance, you have to work at it”~Margaret Atwood, The Handmaid's Tale
Species Slowdown: Is Nature’s Ability to Self-Repair Stalling?
e360.yale.edu/features/eco...
just like much of … finance too …
From a twitter account whose name I can’t recall expertly summarizing this paper: “The entire testing system punishes honesty and rewards confident guessing.”
“Carbon accounting is shifting from a technical back-office exercise to a strategic market requirement—because products compete on attributes, and carbon intensity is fast becoming a decisive one.”
energy.spglobal.com/horizons-top...
This has been true and ignored for decades, but the bill for our inaction on climate is now due…forcing realizations like this: “Climate is no longer a standalone objective. It is interlinked with politics, security, resilience and competitiveness”
www.ft.com/content/a4d6...
In any functioning society, removing sanctions on a nation (like the U.S. is doing now on Russia for oil) which is helping to kill your troops would be immediately and simply deemed as treasonous and those responsible would be imprisoned.
What on earth is the U.S. becoming?
Want to be an entrepreneur? Prepared to be humbled, at every stage and every age, equally by people you know and trust and by those you do not. This will anger you, often with justification. But, no one but you will care. Deal with it all, or choose another path in life.
“…there are 3 ways to cut carbon emissions, and 2 have failed: international agreements and individual sacrifices. That leaves our last chance: cheap green tech that’s so efficient that everyone adopts it for selfish reasons. It’s finally here.”
www.ft.com/content/813b...
Funny: if people are now, finally, getting upset about fraudulent accounting in private markets used to mask leverage, just wait until they look, finally, at the fraudulent accounting used to sustain private valuations.
Ooops, did I just say that out loud? 😳
t.co/311Jjsyy4C
This wave of litigation is only just beginning. And, it will be successful: you cannot meet your fiduciary obligations as an investor of you are not impact weighting your risk assessments and portfolio management.
www.ft.com/content/9ac7...
Massive volumes of ‘legacy’ carbon credits are damaging carbon markets because they are awful instruments, designed to be awful. It’s more than a ‘quality’ problem.
Until, unless, this is fixed for real, legacy and now, carbon markets are of no value.
trellis.net/article/lega...
Denmark: Lessons From the World's Climate Action Leader
“[1970s oil crisis] forced Denmark to start developing a more efficient, diversified, and self-sufficient energy system”
t.co/sHKOmE9fca?s...
