Guests are very welcome to this week’s Pivot Project meeting on Zoom at 4pm BST, 1st July 2022 where I, Stephen Hinton, will present some outcomes of Pivot Projects work. One product of the #21 Sustainable Infrastructure work group was a high-level system map. This map, featured recently on my blog, drew an unprecedented high level of interest with readership increasing over 5000 percent!
Has pivot got some insights the world is dying to know? In this week’s all hands, Stephen will go through the system map bit by bit, explain some of the conclusions from the #21 group’s work and open up to discussion of the role of infrastructure (and concomitantly, investment) in pivot. Read the post here https://stephenhinton.org/2022/05/17/industrial-society-system-map/
Writing on his blog, Professor Jem Bendell explains the recent letter from scholars to the UN’s disaster event.
Professor Bendell says the SDGs represent a “failing approach, with all the indicators heading in the wrong direction”.
The UN reports countries have gone backwards on most of them. That is even before the inflation, energy and food polycrises of 2022. This failure was predicted at the outset, by scholars who identified the impossibility of promoting ecologically-demanding consumer lifestyles as the means of progress for all.
Says Bendell: “Our main proposal is that we all stop pretending that we can grow economies, reduce poverty and avert environmental disasters.”
As we have outlined here in this blog earlier, there needs to be a general acceptance of resource limits and a systematic approach to providing quality of life within planetary boundaries. The current disciplines of economics and public management along with the democratic system are inadequate for the task.
A recent post outlined a system map of the industrial society. One reason to map things out is to give you helicopter perspective where you might be able to better see where the system is not working. This post takes on one of the obvious reasons the industrial society is still not on track for the Paris agreement: the car.
This 15-minute video sets out a strategy for Sweden to go full circular economy – at a high level. It identifies challenges with major industry groups, along with strategies to meet the challenges and finishes with a checklist that can be applied to all infrastructure. Maybe I am making it too simple, or is it that it is hard to get a full picture?
Oil companies (mining, forestry etc) should put the costs for restoration of the asset they are extracting from onto their accounts. As they are often publicly traded this should be available in the public record.
It seems some oil companies might go bankrupt before they have to do the restorations.
The article brings to light something I have been seeing the more I get involved with normative accounting and the four capitals approach: the lack of clarity around accounting and political economy in general is used by extractive forces for their own good at the expense of the public sector.
The article has many good references and insights, highly recommended!
This E-book, produced from earlier writings, attempts to explain how Real Capital – a cornerstone of the means of production – gets depleted by the current system. Rather the creating a platform for future prosperity, the system is removing the very things that coming generations need to be able to provide for themselves.
The hope is that this short paper will clarify for policy makers where systemic changes need to be made, and where the changes need to be put in place to drive an industry-led transition to the circular economy.
Circular economy thinking, taking hold among policy makers, civil servants and scientists alike could be the answer to reducing material load, de fossilising and creating green jobs. Doughnut economic frames a reasonable operating space for this new economy. This article explores the possibilities to create metrics for the circular economy doughnut at a national or regional level.
Circular economy thinking is taking hold among policy makers, civil servants and scientists alike. For example, the Swedish Government formed its own Circular Economy Delegation last year and recently announced its national strategy for the Circular Economy. Facing reduced material availability and rapidly reducing use of fossil fuels to align with the Paris accord, Sweden hopes that its production system will continue to deliver and indeed grow economically, but with far less material and fossil energy intensity.
A reasonable operating space for the circular economy has been developed by economist Kate Raworth in the Doughnut Economy. The Doughnut model proposes a social floor below which the economic system shall not let citizens fall, and an ecological ceiling, through which social activities shall not exceed. This article explores the possibilities to create metrics for the circular economy doughnut at a national or regional level.