Prosperity in the Fossil Free Economy

With an emphasis on cooperatives, this book reveals the power and potential of cooperating as a unifying concept around which to design social enterprise achieving triple bottom-line results: for society, the environment, and finance.

Prosperity in the Fossil Free Economy

A blueprint for creating sustainable businesses, emphasizing the power and potential of cooperative models Drawing on both her extensive experience founding and directing social enterprises and her interviews with sustainability leaders, Melissa Scanlan provides a legal blueprint for creating alternate corporate business models that mitigate climate change, pay living wages, and act as responsible community members, including Certified B Corps and benefit corporations. With an emphasis on cooperatives, this book reveals the power and potential of cooperating as a unifying concept around which to design social enterprise achieving triple bottom-line results: for society, the environment, and finance.

Prosperity in the Fossil Free Economy

Whether from an ethical or scientific/pragmatic view, reversing the trends in wealth inequality for more broadly shared prosperity should be part of the new operating system for a fossil-free economy.10 The book's case studies respond ...

Prosperity in the Fossil Free Economy

A blueprint for creating sustainable businesses, emphasizing the power and potential of cooperative models Drawing on both her extensive experience founding and directing social enterprises and her interviews with sustainability leaders, Melissa Scanlan provides a legal blueprint for creating alternate corporate business models that mitigate climate change, pay living wages, and act as responsible community members, including Certified B Corps and benefit corporations. With an emphasis on cooperatives, this book reveals the power and potential of cooperating as a unifying concept around which to design social enterprise achieving triple bottom-line results: for society, the environment, and finance.

The Economic Growth Engine

The text is so attractively written that I found it very difficult to stop reading. All in all, this is a very original and important contribution to the everlasting debate on growth versus environment.

The Economic Growth Engine

It gives me great pleasure to review this important book. I recommend it highly to any physicist with an interest or curiosity about this economy thing within which we operate. . . There is no excuse not to get this invaluable volume onto your bookshelf. Simon Roberts, Institute of Physics Energy Group This book addresses a very important topic, namely economic growth analysis from the angle of energy and material flows. The treatment is well balanced in terms of research and interpretation of the broader literature. The book not only contains a variety of empirical indicators, statistical analyses and insights, but also offers an unusually complete and pluralistic view on theorizing about economic growth and technological change. This results in a number of refreshing perspectives on known ideas and literatures. The text is so attractively written that I found it very difficult to stop reading. All in all, this is a very original and important contribution to the everlasting debate on growth versus environment. Jeroen C.J.M. van den Bergh, University of Barcelona, Spain and Free University, Amsterdam, The Netherlands Would you want your great-grandchildren in 2100AD to have a 22nd-century industrial economy? If so, read this book to grasp how strongly wealth depends on energy and its efficient use. Start treating fossil energy not as continuing income, but as one-time energy capital to spend on efficiency and long-term sustainable energy production. Otherwise, your descendants will inherit a broken 20th-century economy that only worked with cheap fossil fuels. They will not be rich and they will wonder what their ancestors were thinking. John R. Mashey, PhD, former Chief Scientist, Silicon Graphics Current economic theory attributes most income growth to technical progress. However, since technical progress can neither be defined nor measured, no one really knows what policies will encourage income growth. Ayres and Warr show that access to useful work, which can be defined and measured, explain the bulk of post-1900 income changes in Japan, Britain and the USA. They see rising real prices for fossil fuel and stagnating efficiencies of converting raw energy into useful work as a threat to continued income growth. This brilliant and original work has profound policy implications for future income growth without significant improvements in energy conversion efficiency. Thomas Casten, Chairman, Recycled Energy Development LLC Following the up-and-down energy shock of 2008, Ayres and Warr offer a unique analysis critical to our economic future. They argue that useful work produced by energy and energy services is far more important to overall GDP growth than conventional economic theory assumes. Their new theory, based on extensive empirical and theoretical analysis, has important implications for economists, businessmen and policymakers for anybody concerned with our economic future. Ayres and Warr argue persuasively that economic growth is not only endogenous but has been driven for the past two centuries largely by the declining effective cost of energy. If their new theory is correct, the inevitable future rise of the real cost of energy (beyond the $147 oil price peak in July 2008), could halt economic growth in the US and other advanced countries unless we dramatically improve energy with technology. J. Paul Horne, independent international market economist The historic link between output (GDP) growth and employment has weakened. Since there is no quantitively verifiable economic theory to explain past growth, this unique book explores the fundamental relationship between thermodynamics (physical work) and economics. The authors take a realistic approach to explaining the relationship between technological progress, thermodynamic efficiency and economic growth. Their findings are a step toward the integration of neo-classical and evolutionary perspectives on endogenous economic growth, concluding in a fundam

Reinventing Prosperity

In Reinventing Prosperity, Graeme Maxton and Jorgen Randers provide a new approach altogether through thirteen recommendations which are both politically acceptable and which can be implemented in the current period of slow economic growth ...

Reinventing Prosperity

“An important contribution to the global debate about growth, equality, climate change, and the path to a viable human future.” —David Korten, international bestselling author of When Corporations Rule the World The biggest challenges facing human wellbeing today—widening income inequality, continuing global poverty, and environmental degradation—may be simple to solve in theory. But, because we are required to come up with solutions that are acceptable to a political majority in the rich world, they are much harder to solve in practice. Most of the commonly proposed “solutions” are simply not acceptable to most people. Many of these proposed solutions—like stopping the use of fossil fuels—require a sacrifice today in order to obtain an uncertain advantage in the far future. Therefore they are politically infeasible in the modern world, which is marked by relatively short term thinking. In Reinventing Prosperity, Graeme Maxton and Jorgen Randers provide a new approach altogether through thirteen recommendations which are both politically acceptable and which can be implemented in the current period of slow economic growth around the world. Reinventing Prosperity solves the forty-year-old growth/no-growth standoff, by providing a solution to income inequality, continuing global poverty and climate change, a solution that will provide for economic growth but with a declining ecological footprint. Reinventing Prosperity shows us how to live better on our finite planet—and in ways we can agree on. “An essential guide to those who want to change the world for the better—and for certain.” —Ha-Joon Chang, international bestselling author of 23 Things They Don’t Tell You About Capitalism “[A] well-argued book . . . explaining complex issues in a style that is clear, logical, and succinct.” —Publishers Weekly

A Path to a Renewable Energy System

Government's role should be to provide incentives for investments in renewables through favorable legislation and regulations. A level playing field needs to be created for renewables to put them on par with fossil fuels.

A Path to a Renewable Energy System

As the effects of climate change become more and more evident, the necessity of transitioning to a carbon-free economy and powering our energy and transportation systems from renewable energy sources is quite evident. This transition to a renewable- based energy system will be a massive undertaking, similar to the efforts put into WWII, where the country was united with unity of purpose. Taking on the vested interests of the fossil fuel industry and all their subsidiaries will take a political will that does not exist in this country at this time. Hermann Scheer describes what he calls a social movement; he feels only this can overcome the "agency capture" of our political systems by the fossil fuel industry. In my analysis of economic theory I concentrated on Nikolai Kondratiev's "long-wave theory" of the capitalistic system of growth and recession, which take place over approximately a fifty year cycle. Further, I examined Joseph Schumpeter's adaptation of Kondratiev's theory; Schumpeter ties every wave to a new fuel source that overtakes and replaces the existing fuel source and creates a new prosperity. In the "technology wave" (which we are currently in) it is my theory that the new fuel source will be renewables: solar, wind, geothermal, tidal, etc. The American spirit of entrepreneurship, invention and innovation will move renewables along the normal diffusion curve creating this new wealth and prosperity. Using these natural forces to provide the energy to run our society will keep us in harmony with the planet. The processes used to extract our energy from the planet are destructive and must end because they cause environmental and health problems. There has been a very well-funded and effective campaign to deny the effects of fossil fuels on our climate and it is having a very profound effect. Society's indolence on this matter is a poor choice. The real question that needs to be asked is, while there might be the fossil fuel reserves to last the world well into the 21st century, can the environment survive this? No. We see CO2 concentration in the atmosphere rising and climate change precipitously taking place as evidenced by flooding, severe storms and other extreme weather events. The recent super storm Sandy, which has devastated parts of the east coast, exhibits this. I believe Sandy was climate change related and the climate change models have predicted these extreme events. I argue in this thesis that current conditions: reaching "peak oil," rising CO2 emissions, maintaining American military hegemony to secure fossil fuel supplies and the enduring severe weather events, will drive our capitalist system toward restructuring itself to create a new energy system fueled by innovation, invention and entrepreneurship with the government taking on a support role for the new renewable energy system. The laggards of the old fossil fuel energy system will desperately cling to their positions, but these will eventually give way to the new wave. This will create a future where energy is produced from the earth's natural forces and not torn from the earth to be burned. Government's role should be to provide incentives for investments in renewables through favorable legislation and regulations. A level playing field needs to be created for renewables to put them on par with fossil fuels.

The Willing World

The Willing World explains how best we can build the right legal structure to attain our global goals - and summon and inspire the willingness needed to do it.

The Willing World

In this time of unwillingness, the right kinds of global solutions are needed now more than ever. Climate change is here and intensifying. Anxieties over economic globalization grip many in the fear of change. While these fearful have turned inward into unwillingness, the world's willing are working harder than ever for international and other cooperative solutions. James Bacchus explains why most of the solutions we need must be found in local and regional partnerships of the willing that can be scaled up and linked up worldwide. This can only be achieved within new and enhanced enabling frameworks of global and other international rules that are upheld through the international rule of law. To succeed, these rules and frameworks must for the first time see and treat economy and environment as one. The Willing World explains how best we can build the right legal structure to attain our global goals - and summon and inspire the willingness needed to do it.

Handbook of Inclusive Innovation

Table 3.1 Political-economic models of social innovation in response to climate change Business as usual Green economy ... and economic prosperity through expanding fossil fuel use Corporations as leaders in developing a green economy ...

Handbook of Inclusive Innovation

The Handbook of Inclusive and Social Innovation: The Role of Organizations, Markets and Communities offers a comprehensive review of research on inclusive innovation to address systemic and structural issues – the “Grand Challenges” of our time. With 27 contributions from 57 scholars, the Handbook provides frameworks and insights by summarising current research, and highlights emerging practices and scalable solutions. The contributions highlight a call to action and place social impact at the heart of theory and practice. It will be an invaluable resource for academics, practitioners, and policymakers who champion social inclusion and emphasize innovative approaches to addressing sustainable development goals.

Crossing the Energy Divide

This book offers a strategic guide for using them to solve the energy crisis once and for all—reducing carbon emissions, achieving true energy security, and reigniting economic growth for decades to come.

Crossing the Energy Divide

If we continue our highly inefficient, dangerous energy usage, we’re headed for both economic and environmental catastrophe. However, the hard truth is that alternative fuels can’t fully replace fossil fuels for decades. What’s more, new research indicates that energy inefficiencies are retarding economic growth even more than most experts ever realized. Crossing the Energy Divide is about solving all these problems at once. The authors, two leading experts in energy and environmental economics, show how massive improvements in energy efficiency can bridge the global economy until clean renewables can fully replace fossil fuels. Robert and Edward Ayres demonstrate how we can radically reform the way we manage our existing energy systems to double the amount of “energy service” we get from every drop of fossil fuel we use. These techniques require no scientific breakthroughs: Many companies and institutions are applying them right now, but tens of thousands more could. This book offers a strategic guide for using them to solve the energy crisis once and for all—reducing carbon emissions, achieving true energy security, and reigniting economic growth for decades to come. More energy, without more emissions Recapturing lost energy from today’s fossil fuels There is such a thing as a free lunch Mitigating climate disaster and improving prosperity at the same time The future of electricity Reforming tomorrow’s electrical system: smarter, more productive, and more reliable The implications for cities, transportation, business, and government Making the decisions that prepare you for a high-cost energy future

Crossing the Energy Divide

This book offers a strategic guide for using them to solve the energy crisis once and for all—reducing carbon emissions, achieving true energy security, and reigniting economic growth for decades to come.

Crossing the Energy Divide

If we continue our highly inefficient, dangerous energy usage, we're headed for both economic and environmental catastrophe. However, the hard truth is that alternative fuels can't fully replace fossil fuels for decades. What's more, new research indicates that energy inefficiencies are retarding economic growth even more than most experts ever realized. Crossing the Energy Divide is about solving all these problems at once. The authors, two leading experts in energy and environmental economics, show how massive improvements in energy efficiency can bridge the global economy until clean renewables can fully replace fossil fuels. Robert and Edward Ayres demonstrate how we can radically reform the way we manage our existing energy systems to double the amount of “energy service” we get from every drop of fossil fuel we use. These techniques require no scientific breakthroughs: Many companies and institutions are applying them right now, but tens of thousands more could. This book offers a strategic guide for using them to solve the energy crisis once and for all—reducing carbon emissions, achieving true energy security, and reigniting economic growth for decades to come. More energy, without more emissions Recapturing lost energy from today's fossil fuels There is such a thing as a free lunch Mitigating climate disaster and improving prosperity at the same time The future of electricity Reforming tomorrow's electrical system: smarter, more productive, and more reliable The implications for cities, transportation, business, and government Making the decisions that prepare you for a high-cost energy future

Climate Change and International Politics

Given the correlation between wealth production and fossil fuel consumption the industrialized nations of the North will be ... to the government is not the fossil fuel based economy but prevalence of a healthy carbon free climate .

Climate Change and International Politics

Accustomed to understanding security primarily a matter spatial exercise in distancing and boundary making on the part of states and their military alliances to secure borders and institutions from outside threats, the nations of the world have so far given a short shrift to the gravity of environmental degradation as a factor or catalyst of intrastate or interstate conflict, or at worst, a security threat to entire humanity until the shafts of retaliatory responses of the infuriated climate change to the cloddish and brutish power of the rich industrialized nations to destroy it by its emission of carbon dioxide and other greenhouse gases, pointed toward man menacing with funereal and cascading consequences of global warming. Thus, climate change, which has so far been on the fringe of human concern, or in American President s view a myth or a hoax, has catapulted into the center stage of great political flare up among the nations of the world on the issue of apportioning the responsibility on rich industrialized nations or the populous South to mitigate the dangers of climate change, which seems to be mired in the contradiction between North s advocacy of inequity in having uncontested access to the atmosphere as carton sinks, and equity while disabusing the atmosphere of the carbon debris. Not walking on trodden furrows, this book expatiates on the desideratum of a paradigm shift from faith in the Newtonian mechanistic view of the universe to a faith in the profundity of Eastern wisdom and new insights presently found in science, which see both nature and human beings as warp and woof woven beautifully into the divine tapestry.

Prosperity Poverty or Extinction

In an unprecedented way, this book relates fundamental physical and ecological principles to economics so that the detachment of current economic practices from physical reality becomes obvious.

Prosperity  Poverty or Extinction

In an unprecedented way, this book relates fundamental physical and ecological principles to economics so that the detachment of current economic practices from physical reality becomes obvious. Sustainable alternative models are proposed. Almost all the material is derived from the work of great minds of past and present. Forgotten and ignored ideas are resurrected. It’s a book for intelligent, educated lay people, students and academics. That his forecasting is more successful than many prominent economists’, and that respected figures are turning to views long held by him, gives the author confidence that his contribution is of value.

The Power of Sustainable Thinking

I see little evidence, however, that the economies of industrialized nations are anywhere close to a climax stage. ... today's fossil fuel-based energy regime depletes the Earth's sources and sinks, future economic prosperity must, ...

The Power of Sustainable Thinking

The future will be powered by sustainable thinking in business, organizations, governments and everyday life. This revolutionary book tackles climate change, sustainability and life success by starting with your mind. It provides proven staged-based methods for transforming thinking and behaviour, beginning first with the readers own cognitive patterns, then moving to how individuals can motivate other people to change, and finally to how teams and organizations can be motivated to change.

Buddhist Economics

This step includes four actions that nations around the world can take to tackle the critical challenges of global warming and inequality: (a) tax and regulate carbon and consumption; (b) share prosperity at home; (c) keep fossil fuel ...

Buddhist Economics

In the tradition of E. F. Schumacher's Small Is Beautiful, renowned economist Clair Brown argues persuasively for a new economics built upon equality, sustainability, and right living. "Buddhist Economics will give guidance to all those who seek peace, fairness, and environmental sustainability." -Jeffrey Sachs, author of The Age of Sustainable Development. Traditional economics measures the ways in which we spend our income, but doesn't attribute worth to the crucial human interactions that give our lives meaning. Clair Brown, an economics professor at U.C. Berkeley and a practicing Buddhist, has developed a holistic model, one based on the notion that quality of life should be measured by more than national income. Brown advocates an approach to organizing the economy that embraces rather than skirts questions of values, sustainability, and equity. Complementing the award-winning work of Jeffrey Sachs and Bill McKibben, and the paradigm-breaking spirit of Amartya Sen, Robert Reich, and Thomas Piketty, Brown incorporates the Buddhist emphasis on interdependence, shared prosperity, and happiness into her vision for a sustainable and compassionate world. Buddhist economics leads us to think mindfully as we go about our daily activities, and offers a way to appreciate how our actions affect the well-being of those around us. By replacing the endless cycle of desire with more positive collective activities, we can make our lives more meaningful as well as happier. Inspired by the popular course Professor Brown teaches at U.C. Berkeley, Buddhist Economics represents an enlightened approach to our modern world infused with ancient wisdom, with benefits both personal and global, for generations to come.

Prosperity without Growth

Foundations for the Economy of Tomorrow Tim Jackson ... of options that could begin to deliver effective change: renewable, resource-efficient, low carbon technologies capable of weaning us from our dangerous dependence on fossil fuels.

Prosperity without Growth

What can prosperity possibly mean in a world of environmental and social limits? The publication of Prosperity without Growth was a landmark in the sustainability debate. Tim Jackson’s piercing challenge to conventional economics openly questioned the most highly prized goal of politicians and economists alike: the continued pursuit of exponential economic growth. Its findings provoked controversy, inspired debate and led to a new wave of research building on its arguments and conclusions. This substantially revised and re-written edition updates those arguments and considerably expands upon them. Jackson demonstrates that building a ‘post-growth’ economy is a precise, definable and meaningful task. Starting from clear first principles, he sets out the dimensions of that task: the nature of enterprise; the quality of our working lives; the structure of investment; and the role of the money supply. He shows how the economy of tomorrow may be transformed in ways that protect employment, facilitate social investment, reduce inequality and deliver both ecological and financial stability. Seven years after it was first published, Prosperity without Growth is no longer a radical narrative whispered by a marginal fringe, but an essential vision of social progress in a post-crisis world. Fulfilling that vision is simply the most urgent task of our times.

Like There s No Tomorrow

There wouldn't have been much silence, day or night, with the Industrial Revolution establishing our reliance on fossil fuels as a way of life—a way of death. As Dieter Helm says, “Prosperity came, built on a fossil fuel economy, ...

Like There s No Tomorrow

Christians often don't know how to respond to the climate crisis and messages of possible destruction caused by human activity. Frances Ward shows how Christians can live and act with hope and faith in God in the face of eco-anxiety.

Physics and Technology of Sustainable Energy

This is a capitalist economy, rather than a planned economy. At the same time the country offers ... This small country is proof that fossil fuel use is not needed for prosperity in a modern way of life. One of the energy efficiencies ...

Physics and Technology of Sustainable Energy

This textbook explores the science and tecnologies needed for renewable energy. It examines the properties of the earth's atmosphere for transmitting light in from the sun and mediating outflow of infrared energy from the ground, a role that has an effect on the temperature of the earth. It begins by explaining how the sun works, that is by nuclear fusion, and the basic concepts of quantum tunnelling needed are later expanded to allow a competent treatment of semiconductor physics, the discipline behind solar cells. The book covers wind turbine technology, hydroelectric power and pumped-hydro energy storage. It also talks about the history of the Earth's climate and discusses the effects that the present fossil fuel burning, leading to large emission of greenhouse gas, may have on the future temperature of the earth. The sustainable energy discussed in this book will be available in the long term, past the remaining availability of carbon energy, and is also energy that will not tip the climate into warmer conditions. In connection to this, the action of the atmosphere is analyzed both for its transmission of sunlight to the surface for use in solar power, and in secondary forms such as wind, waves and hydroelectricity. Greenhouse gas impurities, such as carbon dioxide, are also examined for their effects on the atmosphere. Building on this analysis, prospects for sustainable energy and moderate climate are assessed.

Business and Sustainability

However, the evidence shows that we are a long way from transforming to a prosperous RCE, and are facing enormous problems in decoupling economic prosperity from unsustainable increases in water and fossil fuel usage.

Business and Sustainability

Climate change, the resource constrained economy, and sustainability in general are amongst the hottest and most problematic topics for contemporary businesses. This book provides a comprehensive overview of how the world's sustainability challenges are affecting and being affected by business.

Climate Change Law and Policy

It is within this free-market framework that the US climate change debate emerged. American economic prosperity and well-being is attributed, in large part, to fossil fuel intensive activities; as a result, increased regulation of these ...

Climate Change Law and Policy

Existing climate change governance regimes in the US and the EU contain complex mixtures of regulatory, market, voluntary, and research-based strategies. The EU has adopted an approach to climate change that is based on mandatory greenhouse gas emission reductions; it is grounded in 'hard' law measures and accompanied by 'soft' law measures at the regional and Member State level. In contrast, until recently, the US federal government has carefully avoided mandatory emission reduction obligations and focused instead on employing a variety of 'soft' measures to encourage - rather than mandate - greenhouse gas emission reductions in an economically sound, market-driven manner. These macro level differences are critical yet they mask equally important transatlantic policy convergences. The US and the EU are pivotal players in the development of the international climate change regime. How these two entities structure climate change laws and policies profoundly influences the shape and success of climate change laws and policies at multiple levels of governance. This book suggests that the overall structures and processes of climate change law and policy-making in the US and the EU are intricately linked to international policy-making and, thus, the long-term success of global efforts to address climate change. Accordingly, the book analyses the content and process of climate change law and policy-making in the US and the EU to reveal policy convergences and divergences, and to examine how these convergences and divergences impact the ability of the global community to structure a sustainable, effective and equitable long-term climate strategy.

The Unity of Science and Economics

Since fresh water has higher free energy, the intake of fresh water instead of salt water saves living organisms a lot of ... The abundant use of fossil fuels is the foundation of economic prosperity for many people the world over.

The Unity of Science and Economics

This book presents a new economic theory developed from physical and biological principles. It explains how technology, social systems and economic values are intimately related to resources. Many people have recognized that mainstream (neoclassical) economic theories are not consistent with physical laws and often not consistent with empirical patterns, but most feel that economic activities are too complex to be described by a simple and coherent mathematical theory. While social systems are indeed complex, all life systems, including social systems, satisfy two principles. First, all systems need to extract resources from the external environment to compensate for their consumption. Second, for a system to be viable, the amount of resource extraction has to be no less than the level of consumption. From these two principles, we derive a quantitative theory of major factors in economic activities, such as fixed cost, variable cost, discount rate, uncertainty and duration. The mathematical theory enables us to systematically measure the effectiveness of different policies and institutional structures at varying levels of resource abundance and cost.The theory presented in this book shows that there do not exist universally optimal policies or institutional structures. Instead, the impacts of different policies or social structures have to be measured within the context of existing levels of resource abundance. As the physical costs of extracting resources rise steadily, many policy assumptions adopted in mainstream economic theories, and workable in times of cheap and abundant energy supplies and other resources, need to be reconsidered. In this rapidly changing world, the theory presented here provides a solid foundation for examining the long-term impacts of today's policy decisions.

Critical Perspectives on Fossil Fuels vs Renewable Energy

This text examines the issue from diverse viewpoints, allowing students to analyze key ideas in energy production through primary source evidence.

Critical Perspectives on Fossil Fuels vs  Renewable Energy

Renewable energy is one of the fastest-growing sectors in the global economy as climate scientists and environmentalists give voice to the detrimental effects of fossil fuels. But how far have we gotten in developing efficient and sustainable energy, including solar, wind, and geothermal power, and what are the benefits of these renewable energy sources compared to fossil fuels? This text examines the issue from diverse viewpoints, allowing students to analyze key ideas in energy production through primary source evidence.