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 True Cost of Fossil Fuel: Oil and Petrodollars

By Walter Borden “The conservation of natural resources is the fundamental problem. Unless we solve that problem it will avail us little to solve all others.”  Theodore Roosevelt What’s In a Petrodollar? Fossil Fuel producing nations should extract their resources consistent with the health needs of their people, air, land, …

Ethics and Value: A Moral Argument for Clean Energy Subsidies

By Walter Borden Energy and pollution salesmen extol the market value of fossil fuels underneath our land and sea based on a certain doctrine. It asserts that job creation requires prolific fossil fuel extraction, and consequently, such operations deserve taxpayer entitlements and subsidies. These operators argue further that vast sums …

Climate Science and Policy in the 21st Century: All Aboard the Ark

Does it matter if one “believes” in global warming? An ongoing development in Kentucky will sell tickets to a  simulation of Noah’s Ark. The New York Times account contains the the quote: “I don’t believe in global warming…but I do believe we’ve got to be good stewards of everything God’s …

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 …

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 …

Climate Issues, Sustainability Cross Party Lines

There are more signs recently of the climate crisis, sustainable industry, and ecosystem repair issues crossing party lines and effecting change in Red States and rural areas. Tanya Ott reports from WBHM in Birmingham, Alabama about “tree-hugging conservatives” in Magnolia Springs, the reclamation of a wetlands and a burgeoning eco-tourism …

HP opens a new energy efficient data center within existing infrastructure

HP has opened a data-center Wynyard, United Kingdom. A so-called Green data-center, it is a retrofit of an overhauled distribution center. This is a great example of how energy efficiency works within basic business balance sheet environments: it can cut costs both through improvement of energy efficiency by utilizing existing …