Tag Archives: Crisis

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.”

President Obama, State of the Union address 2012.

The U.S. National Academy of Sciences states, “The world is heating up and humans are primarily responsible. Impacts are already apparent and will increase.” Greenhouse gas (GHG) induced climate change is a clear and present threat to our civilization and way of life. Its continued politicization is dangerous. We accept the consensus of the world’s scientific community which is summarized well by the American Chemical Society:

Careful and comprehensive scientific assessments have clearly demonstrated that the Earth’s climate system is changing in response to growing atmospheric burdens of greenhouse gases (GHGs) and absorbing aerosol particles. (IPCC, 2007) Climate change is occurring, is caused largely by human activities, and poses significant risks for—and in many cases is already affecting—a broad range of human and natural systems. (NRC, 2010a) The potential threats are serious and actions are required to mitigate climate change risks and to adapt to deleterious climate change impacts that probably cannot be avoided. (NRC, 2010b, c).

We further acknowledge and accept the conclusions of our medical community. The American Medical Association (AMA) urges that we as a society confront the health issues of climate change now.

Scientific evidence shows that the world’s climate is changing and that the results have public health consequences. The AMA is working to ensure that physicians and others in health care understand the rise in climate-related illnesses and injuries so they can prepare and respond to them. The Association also is promoting environmentally responsible practices that would reduce waste and energy consumption.

We see that escalating carbon emissions are seriously damaging our oceans depleting them of oxygen and acidification. Carbon dioxide emissions caused by human activities over the last century have increased the acidity of the world’s oceans far beyond the range of natural variations, which may significantly impair the ability of marine organisms to live. We realize that rapid deforestation increasingly impedes nature’s ability to buffer carbon dioxide concentrations in our atmosphere and thus keep our air suitable for breathing.

The time is now for President Obama and Congress to heed science and pursue evidence based policy formation in addressing the real and gathering dangers of Climate Change. Putting a price on carbon is a critical first step.

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

Evolutionary Kabuki: The Arts and the Earth

“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 the arts catalyze a lifelong love and respect for our improbable orb, the earth. A few examples of this force which are set out below as well as Beethoven’s 6th always leap to mind. Clearly many members of the artistic community share this sense of connection.

A selection of images of Andy Goldsworthy's work

My first collaborative project out of college was an effort to broadcast an image of the earth from outer space onto the Jumbotron in Times Square. At this time, the World Wide Web remained a research project in labs and universities including the one I attended. So I learned early on what an amazing treasure of earth imagery was stored at NASA, the JPL, and other labs. This project partially resulted from my studies in Kenya at the Athi River research station. Each night the research assistants would lie in the savanna watching satellites pass overhead in their equatorial orbits. Witnessing the absolutely divine beauty of our planet in Africa, from other ecosystems such as the Togiak River basin in Alaska and much of the the American West, and in the woodlands of Alabama where I roamed growing up, has made me a naturalist at heart. So, knowing that the earth was entering a crisis, I wanted people to simply see her from space everyday as they scurried about one of her busiest intersections.

My grant application to the Whitney Museum’s fellowship program to rent the Big Screen in order to broadcast the images of our planet was rejected. That hardly slowed me down. Seeing these images and thinking of what I know of astronomy and astrophysics, the shear improbability of Planet Earth has always struck me. For this reason alone, it seems we should cherish the earth and its unlikely ability to support and sustain a broad and diverse array of life forms.

Looking at our solar system, our galaxy the Milky Way and beyond, we notice one thing: most planets are rocky and uniform, lack an atmosphere, or are so stormy and gaseous as to not credibly support life. A great many are too close to their sun or too far away to sustain life. (This essay is not to say one way or the other if life as we conceive it exists out there.)

My travels to Africa, which included skin diving in the Indian Ocean, particularly heightened my sense of the earth’s lungs and plasma- its forests and oceans. In travels since to places such as Beijing, China, it grew increasingly clear that Earth was entering a serious crisis.

Surely since the first rain dances began, art has transmitted an acceptance that humanity’s dominion over the earth is limited, and that somehow every technological discovery is limited in its ability to help mankind. The Christian Bible charges mankind with stewardship over the earth, as does the Koran and numerous other religious texts.  This is not to say we do not need technology or agriculture. We do.  The very satellites I watched traverse the sky in Kenya are now used to observe earth and alert us to the rapid degradations in her life support systems.  In short, sustainable agriculture and tool-making are essential for a thriving civilization.

Artistic expression reinforces the notion that both agriculture and technology are critical for the survival of our civilization. Artists, along with farmers and technologists, have after all, strong histories of technological innovation. They have done so in provisioning means for survival and media for creating deeper connections amongst humankind. In the 21st century, we see new challenges in the how we must shape the methods of agriculture and technology. This will help us sustain our planet, which had literally a vanishingly small chance of existing.

For the sake of brevity, excuse me if I leave it to you, the reader, to think of your own examples. There are many: I will touch on just a few. I think of Shakespeare’s sonnets and

Silent Evolution, and underwater reef by Jason DeCaires Taylor

Jonathon Franzen’s recent novel Freedom. Interpretive movement, from the rain dances of the Anasazi to Igor Stravinsky’s Rite of Spring, share a seamless flow of connection to the earth through their rhythm and movement.  Film making brings appreciation of ecosystems to the fore through such works as Avatar and Godfrey Reggio’s Qatsi trilogy. One of our collaborators at Fund-Balance, Jessica Baron, has given us a great exemplar as well with the Green Song Book from her work to preserve and protect arts education via Guitars in the Classroom. Artists get it.

As someone who studied visual art formally for over a decade, I have a great many favorites from this discipline. The work of Andy Goldsworthy always captures my imagination. Another British artist Jason DeCaires Taylor’s recent Silent Evolution presents the convergence of past and present, human and ocean. I hope you will seek out the works of these artists if you are not yet familiar with them.

Another important way that imagination helps us  “remain in light” with respect to the crisis that our earth faces is cultivating empathy, the ability to imagine what it is like to be in another creature’s skin or circumstance. The arts amplify my consideration of what it’s like for someone else and their life in their time and space.

From perhaps a broader perspective, Aristotle’s prescient distinction between “oikonomia”, use value of products in the real economy, and “chrematistics” the maximization of exchange value measured by money, seems as relevant now as then. Contemporary finance and resource extraction operate irrespective of their environmental impact and hence lack empathy for natural systems they destroy. These pursuits fail to employ imagination towards finding ways to minimize such degradation and thus sustain the very systems that create capital and wealth. The arts generate value for objects and/or expressions beyond crude additions of the cost of materials. This is a deeply human mode of thinking that our civilization should factor back into our economies and ecologies. And to wit, artists have a long, hallowed, and harrowed tradition of working together with very limited resources to solve problems.

It may seem counter intuitive to some, but artists can inform business, banking, and policy making in the 21st century just as they have with Kabuki dances in Japan and in the plazas of Florence during the Renaissance. In this century, if Wall Street practiced empathy and took a long view of culture and civilization while they calculated their winning formulas while spinning their deals, abundance might occur without the depletion of the very land beneath our feet, without disregard for degradation of our air and water, and with respect for the mineral resources held deep in the earth. This in turn protects and preserves the means by which wealth happens. In sum, to protect the earth, we must protect the arts.

So I encourage you to join me in looking at the great Pacific garbage patch- a flotilla of discarded plastic in the South Pacific-estimated to be the size of Texas and the expanding dead-zones in our oceans with expansive imagination. I also encourage you to read a great essay by a great artist, Sigourney Weaver. She describes how empathy for women’s rights can preserve and reinforce a balance between ecosystems and human civilization.  She writes

“Two groundbreaking studies, one from the U.S. National Center for Atmospheric Research and one from the Futures Group, found that simply by meeting women’s existing needs for voluntary family planning, we could reduce carbon emissions by between 8 and 15 percent. That is the equivalent of stopping all deforestation today. Empowering women to make critical decisions in their own lives can help solve the biggest environmental and humanitarian challenge of our time”.

This is another recent example of an artist using empathy and imagination to point to solutions for a major problem confronting civilization.

In the early 90’s, I participated in a project in which I enlisted a choreographer and composer to create a dance piece and compose music to be performed against a backdrop of images of the dancers’ brains via PET scans. It was a challenging and expensive endeavor. The concept was to present both the internal rhythm and flow of each dancer with each viewer’s external perception. My hope was that this effort to reveal the beauty of life both within and without would reinforce the audience’s sense of its sanctity.

That one got turned down as well with no explanation, just a simple rejection notice. Perhaps that was for the best as it doubtlessly led me to consider the need for development of green technology and the far nobler pursuit of finding sustainable means with which to power it. And, in turn, we at Fund Balance who with our newest partners join in putting imagination and empathy to work in order to inspire and inform investing in sustainability.

By Walter Borden

 



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 in large scale agriculture binds up and removes oxygen in the Gulf.

Does it have to be one set of regional American economic interests over another? The answer is no. For example, research performed at Dauphin Island Sea Lab off the coast of Alabama develops “resource management strategies which will foster the wise stewardship of diminishing natural resources”. There are ways that such principles are being applied in the Midwest along the Mississippi river. The book, “From the Corn Belt to the Gulf” (Nassauer, Santelmann, and Scavia, eds., Resources for the Future Press), details how farmers and industrial agricultural operations could reduce the amount of nitrogen flowing into the Gulf of Mexico by 40 percent. And it is increasingly clear that by planting specific types of grasses and engineering buffers, grain production in the great American Midwest does not have to contract in order for coastal economies to thrive.

Scientists and policy-makers in the Midwest have been at the forefront on this work. The Science Museum of Minnesota has produced an excellent presentation on the Deadzone in the Gulf of Mexico.  Fund Balance is working with policy-makers and bankers on our capital markets strategy for dealing with this issue in Washington, DC.

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 of plastic and other debris.

Every summer a dead zone of oxygen-depleted water the size of Massachusetts forms in the Gulf of Mexico ; others have been found off Oregon and in the Chesapeake Bay , Lake Erie and the Baltic and Black seas. Some studies indicate that North Pole seawater could turn caustic in 10 years, and that the Southern Ocean already may be saturated with carbon dioxide.

A recent bird kill off the coast of Washington state came without warning, said Jane Lubchenco , the administrator of the National Oceanic and Atmospheric Administration . “There will be more surprises than that,” she said.

The danger signals are everywhere, some related to climate change and greenhouse gases and others not:

— Every eight months, 11 million gallons of oil run off the nation’s roads and driveways into waters that eventually reach the sea, the Pew Oceans Commission said in 2003. That’s the equivalent of an Exxon Valdez-size oil spill.

— Since the beginning of the Industrial Revolution, the oceans have absorbed 525 billion tons of carbon dioxide. They’re now absorbing about 22 million tons of carbon dioxide a day. As that happens, the oceans become more acidic, threatening the marine food chain. The acidity could eat away the shells of such animals as the petropod, a nearly microscopic snail with a calcium carbonate covering that’s eaten by krill, salmon and whales.

— More than 60 percent of the nation’s coastal rivers and bays are moderately to severely degraded by nutrient runoff from products such as fertilizer, creating algae blooms that affect the kelp beds and grasses that are nurseries for many species of fish.

Even that doesn’t tell the entire story, as competing uses for the sea multiply. Traditional ones such as fishing and shipping are competing with offshore aquaculture farms. On the energy front, it’s no longer just oil and gas drilling. There are plans for deepwater wind farms and tidal and wave power-generating projects.

As the grim news mounts, a storm is brewing in Washington, D.C. , over who should oversee oceans policies. A White House task force has recommended creating a National Ocean Council that would develop and implement national ocean policy and include the secretaries of state, defense, agriculture, interior, health and human services, labor, commerce, transportation and homeland security.

It also would include the director of the White House Office of Management and Budget , the administrators of NASA and the Environmental Protection Agency , the chairman of the Joint Chiefs of Staff, the director of national intelligence and the chairman of the Federal Energy Regulatory Commission . Plus the president’s advisers on national security, homeland security, domestic policy and economic policy. The chair of the White House Council on Environmental Quality and the director of the Office of Science and Technology Policy would head the council.

However, NOAA, the nation’s primary ocean agency, which includes the National Ocean Service, the nation’s premier science agency for oceans and coasts; the National Marine Fisheries Service, which manages living marine resources; the Office of Oceanic and Atmospheric Research , which studies climate, weather and air quality; and the National Weather Service — is missing from the task force’s list.

“I am mystified why NOAA has been exempted,” said Maine Sen. Olympia Snowe , the top Republican on the subcommittee.

“It was a surprise,” Sen. Maria Cantwell , D- Wash. , said in an interview. “I didn’t know it would be this sensitive.”

Cantwell chairs the oceans subcommittee of the Senate Commerce, Science and Transportation Committee . Her panel held a hearing on the issue last week.

“NOAA is the nation’s primary ocean agency,” NOAA administrator Lubchenco told the subcommittee. “Our name says it all.”

Created in 1970, NOAA does everything from issuing daily weather forecasts and severe storm warnings to monitoring the climate and managing fisheries. It includes a satellite office and a research arm. It operates two geostational satellites that monitor the Earth and a fleet of research ships that monitor the oceans.

Instead of being a freestanding agency like NASA or the EPA , however, NOAA is part of the Commerce Department . The commerce secretary would be a member of the National Ocean Council , but Cantwell and Snowe said that wasn’t good enough.

“It’s not the same,” Cantwell said, adding that the commerce secretary has far broader responsibilities than just oceans.

In recommending the creation of a National Ocean Council , the White House task force noted the web of federal, state, tribal, local and international regulations and interests and found a need for “high-level direction and guidance from a clearly designated and identifiable authority.”

The nation’s oceans, coastline and Great Lakes are regulated by 140 laws administered by 20 federal agencies, in what’s been called a “Swiss cheese” of overlapping authorities and sometimes conflicting missions.

The task force made its proposal for a National Ocean Council in an interim report released in September. A final report is due early next year.

Whatever its composition, one challenge for the council will be what’s called “marine spatial planning,” ocean zoning, or the marine equivalent of urban planning.

“It’s going to be a difficult process,” Nancy Sutley , the chair of the White House Council on Environmental Quality , said during the Senate hearing. “We need to do it from the bottom up.”

Native American tribes and groups such as those that represent sport fishermen warned that plans have to be developed regionally because a one-size-fits-all approach won’t work.

A recent example of marine spatial planning involved the Coast Guard , NOAA and other agencies working to reroute shipping lanes near Cape Cod to minimize the chances of vessels colliding with North Atlantic right whales, but even that came with an unexpected twist.

“We were going to move the lanes into a site where there was an application for an offshore LNG plant,” said Adm. Thad Allen , the Coast Guard commandant, referring to liquefied natural gas.