Is OPEC Calling Peak Oil? Producers Shifting to Solar as Oil Price Slump Endures and Reserves Adjusted Downward

More than ever its clear that an oil based economy is not sustainable from a variety of perspectives, both ecologically and economically. Perhaps counterintuitively, these domains are not obverse to each another, but are interlocked facets of the how the earth sustains lifecycles. They are also twin indicators of humanity’s …

Earth Day 2016 — Beyond Paris & Accounting for All Carbon Emissions

Economist Paul Krugman, while referencing an upcoming carbon pricing piece by David Roberts (@drvox) writes that: Econ 101 tells us that if you want to reduce emissions of a pollutant, the most efficient way to do that is to put a price on emissions, so that all possible routes to …

How much will income inequality matter if the world’s oceans cannot produce food?

From the article titled “Climate-Related Death of Coral Around World Alarms Scientists” that appeared in the April 9th Edition of the New York Times: This is a huge, looming planetary crisis, and we are sticking our heads in the sand about it,” said Justin Marshall, the director of CoralWatch at …

Position Statement: Heed Scientific Consensus, Decarbonize Economy, Pair Policy Innovations with Technological Breakthroughs

By Walter Borden Science and Sustainability We at Fund Balance are concerned that the only mention of climate change in President Barack Obama’s 2012 State of the Union address was “The differences in this chamber may be too deep right now to pass a comprehensive plan to fight climate change.” …

The Gulf Oil Spill, Financial Engineering and The Law of Unintended Consequences

The financial crisis that was precipitated in 2007 by structured finance (credit default swaps, collateralized debt obligations et al.) parallels the Deepwater Horizon spill in important ways. And indeed, the very first credit default swap was engineered to offset Exxon’s exposure to remediation, fines and legal costs resulting from the …

Climate, Rainforests, Treasuries and Central Banks

There is an important synergy emerging in principle between the London Accord, the World Bank, Central Banks and the Prince of Wales’ Rainforests Project. We recently learned that the World Bank is already working with the Rainforests Project to improve financing and investment opportunities in protected, living rainforests. We encourage …

Reversing the Expansion of Dead Zones in the Gulf of Mexico and Chesapeake Bay

Fund Balance has been examining the Dead Zones occurring in coastal and estuarial zones over the last year. Their magnitude is striking. Their damage to ocean ecosystems, seafood supplies and business is severe. And they are connected to vital food supply economies in the Midwest. Nitrogenous run-off from fertilizer used …

The Blue Economy: Inaction at Doha and the Rise of Dead Zones

This past week, countries meeting in Doha at the United Nations Convention on International Trade in Endangered Species voted down a proposal by Monaco and the United States to ban international trade in Atlantic bluefin tuna. The species, Thunnus Thynnus, is spiraling toward extinction, and is listed as endangered by …

China outspends major powers in 2010 federal stimulus funding on smart grid projects

We have been covering China’s intensive and substanstial focus on Green Technology, Smart Grids and non-petroleum-based energy sources and supplies here at fund-balance.com since our launch in October 2008. Now that a picture of national stimulus spending is emerging for 2010, its no surprise then to see that China will …

The Great Pacific Garbage Patch — In the central North Pacific Gyre, pieces of plastic outweigh surface zooplankton by a factor of six to one

The Great Pacific Garbage Patch — as covered by firstaffirmative.com By Sara Laks and Steve Schueth Why is it so important to be a conscious consumer and a responsible investor? Here’s a reason for today:  The Island of Garbage swirling in the Pacific Ocean, also known as The Great Pacific …

Fund-balance covers the Blue Economy: As oceans fall ill, Washington bureaucrats squabble

WASHINGTON — Off the coast of Washington state , mysterious algae mixed with sea foam have killed more than 8,000 seabirds, puzzling scientists. A thousand miles off California , researchers have discovered the Great Pacific Garbage Patch, a swirling vortex roughly twice the size of Texas filled with tiny bits …