Consilience Productions

« Californians simmer without their shark fin soup. | Main | Happy Earth Day 2011! »

Climate Capitalism.
April 14, 2011 1:37 AM

Green, sustainable, Climate Capitalism -- the only way to increase a corporation's share value, so says author, Hunter Lovins:

We now have overwhelming proof from those wild-eyed environmentalists at Goldman Sachs showing that the companies that are the leaders in environment, social, and good governance policy have 25 percent higher stock value than their less sustainable competitors. And we have research from A.T. Kearney showing that even in the economic collapse, since 2008, the sustainability leaders have the fastest-growing stock value, are well protected from value erosion, even in a down economy, and in 16 out of 18 industries studied, hundreds of companies, these more sustainable companies have an average market capitalization of $650 million more than their less-sustainable competitors. There's the new study out from Maplecroft showing that the top 350 companies in climate innovation and carbon-management programs have a positive correlation between financial performance and their ability to successfully implement disruptive market innovations related to climate change.
Lovins' latest book, Climate Capitalism: Capitalism in the Age of Climate Change," is out now, and she's been giving interviews on how capitalism could possibly combat Climate Change Deniers:
Assume climate change is a hoax. Don't go to Vegas on the odds of that being true, but if all you are is a profit-maximizing capitalist, you'll do the same thing you'd do if you were scared to death of climate change because we know how to solve this problem at a profit, and the smart companies are prospering by doing that. The book then walks through nine chapters of showing this in business in general, in energy efficiency, in renewable energy, in buildings, in vehicles and in transportation policy generally, in agriculture, in carbon markets, in adaptations to climate change.

The last chapter says, all kidding aside, climate change is real and it's a very serious problem, but it's only one of a suite of problems now facing us -- everything from record-high food prices and peak oil to the need to bring genuine development to half the world's people that live on less than $2 a day, to the fact that we're losing every major ecosystem on the planet.

All this and more from an interview she gave over at Greenbiz.com:

And yet what we're doing to drive this is fundamentally uneconomic. So the last chapter asks what will it take to create an economy that meets the needs of all people on the planet while enhancing all forms of capital -- human capital, natural capital, as well as financial and manufactured capital -- and suggests how we might go forward to transform our economy toward prosperity and a system that will support all living things on the planet.

From the intro to that interview:

For roughly three decades, L. Hunter Lovins has been a clear and provocative voice on business and sustainability -- first at the Rocky Mountain Institute, which she co-founded in 1982 with Amory Lovins, and later through her own organization, Natural Capital Solutions.

Along the way, she has been a prolific writer, speaker, educator and a globally recognized consultant on sustainability to companies, governments and others.

Hunter Lovins and Climate Capitalism: an intriguing way forward as we battle Climate Change in the 21st century.


Join the discussion: Comments (0) | Email Link to a Friend
Permalink to post: http://www.cslproductions.org/earth/talk/archives/001176.shtml
Receive an email whenever this EARTH blog is updated:   Subscribe Here!
Tags: , , ,

Share | | Subscribe



Add your comment

Name (required)
Email
Website
Remember personal info? Yes   No
Comments

home | music | democracy | earth | money | projects | about | contact

Site design by Matthew Fries | © 2003-23 Consilience Productions. All Rights Reserved.
Consilience Productions, Inc. is a 501(c)(3) non-profit organization.
All contributions are fully tax deductible.

Support the "dialogue BEYOND music!"

Because broad and informed public participation is the bedrock of a free, democratic, and civil society, your generous donation will help increase participation in the process of social change. 100% tax deductible.
Thank you!


SEARCH OUR SITE:

Co-op America Seal of Approval  Global Voices - The world is talking, are you listening?