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 …
By Walter Borden Does it make sense to tell someone that doesn’t have health insurance to go to the doctor? Does it make sense to expect jobless and underemployed citizens to save more? Many of the most profitable corporations across the US perennially underfund their pensions while simultaneously funding campaigns for …
The partners at Fund Balance make frequent use of THE GREEN TRANSITION SCOREBOARD® (GTS) from Ethical Markets Media in our work. The GTS provides guidance to our thoughtlines leading up to the Rio +20 UN Earth Summit as well. The GTS provides fresh, incisive, and thorough analysis of the intersecting and …
WILL money saved from using clean technology simply be spent on using more energy? Jevons paradox (or the Jevons effect) is named for economist William Stanley Jevons. In the 1860’s, he observed that technologically driven increases in the efficiency of coal-use increased coal consumption in a wide range of …
By Walter Borden Green Bonds, Carbon Taxes, and Market Failures THE gathering dangers of global warming for life necessitate that humanity collapse its dependency on fossil fuel energy (FFE). Ecological fiduciary responsibility requires shifting balance from political restraint to action. The challenges of managing a drawdown of FFE’s in …
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.” …
“Reality leaves a lot to the imagination.” — John Lennon Imagination, that force which when coupled with discipline, drives the arts. Such a force is necessary to successfully protect and sustain our biosphere as it represents the best alternative to cynicism and defeatism. My work, involvement, and strong passion for …
By Walter Borden In the coming months, we will hear a lot about the Taxed Enough Already (TEA) Party’s plans for the U.S. during the 112th Congress. No doubt we shall hear how such plans signal a new, brighter era. But do they? The principles espoused by the Tea Party …
As we reach the end of the first decade of the 21st century, some dangerous misconceptions linger from the 20th. Two of which are that global warming is not happening and that it is not primarily a man-made phenomenon. While factors such as Solar Irradiance clearly have secondary and significant …
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 …
Mainstream media coverage of the critical depletion of key fish populations – and the serious economic threat it represents – echoes a key refrain at Fund Balance. Time Magazine covers how climate change is warming oceans and thus reducing their ability to support life, and CNN.com has a post by …
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 …
by Leland Lehrman This cartoon, from the front cover of the February 2010 issue of Funny Times, describes the Fund Balance position with respect to Climate Change. We acknowledge that there remains uncertainty in the scientific community about the extent to which anthropogenic CO2 emissions drive global temperature increases. We …