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This working group is focused on sustainable economics and financial balance within resilient social ecologies.

The mission of this working group is to build sustainable economy and financial balance within resilient social ecologies.

Members

Corey Watts david hastings Elhadj Drame John Girard Kathy Gilbeaux LintonWells
Maeryn Obley mdmcdonald Samuel Bendett

Email address for group

economics@m.resiliencesystem.org

ACAPS - CrisisInSight: Global Risk Analysis

In the next 6-9 months, the following countries are expected to deteriorate significantly leading to a spike in #humanitarian needs:

CLICK HERE - ACAPS - CrisisInSight: Global Risk Analysis

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More Americans View Climate Change as 'Imminent' Threat

           

FILE PHOTO: Vapor is released into the sky at a refinery in Wilmington, California March 24, 2012. REUTERS/Bret Hartman/File photo

reuters.com - by Maria Caspani - December 13, 2018

A growing percentage of Americans see climate change as an “imminent” threat driven mainly by human activity, and more than two-thirds want Washington to work with other nations to combat it, according to a Reuters/Ipsos poll released on Thursday . . . 

. . . The survey came close on the heels of a U.S. government report released last month that said climate change will cost the U.S. economy hundreds of billions of dollars by the end of the century, undermining health, infrastructure, and industries from farming to energy production.

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Federal Report Says U.S. Impacts of Climate Change are Intensifying and Will Batter Economy

           

weather.com

CLICK HERE - FOURTH NATIONAL CLIMATE ASSESSMENT

bbc.com - November 23, 2018

Unchecked climate change will cost the US hundreds of billions of dollars and damage human health and quality of life, a US government report warns.

"Future risks from climate change depend... on decisions made today," the 4th National Climate Assessment says . . .

. . . But it says that projections of future catastrophe could change if society works to reduce greenhouse gas emissions and "to adapt to the changes that will occur".

CLICK HERE - READ COMPLETE ARTICLE - Climate change: Report warns of growing impact on US life

ALSO SEE RELATED ARTICLES WITHIN THE LINKS BELOW . . .

CLICK HERE - U.S. Should Expect Worsening Weather Disasters, New Government Climate Report Warns

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Tackle Climate or Face Financial Crash, Say World's Biggest Investors

           

Global investors managing $32tn are urging governments to phase out all coal burning. Photograph: Alexander Koerner/Getty Images

UN summit urged to end all coal burning and introduce substantial taxes on emissions

theguardian.com - Damian Carrington - December 9, 2018

Global investors managing $32tn issued a stark warning to governments at the UN climate summit on Monday, demanding urgent cuts in carbon emissions and the phasing out of all coal burning. Without these, the world faces a financial crash several times worse than the 2008 crisis, they said.

The investors include some of the world’s biggest pension funds, insurers and asset managers and marks the largest such intervention to date. They say fossil fuel subsidies must end and substantial taxes on carbon be introduced.

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Rioting Engulfs Paris as Anger Grows Over High Taxes

           

Protesters demonstrate against rising costs of living they blame on high taxes near the Arc de Triomphe on the Champs-Elysees avenue in Paris on Dec. 8, 2018.  Sameer Al-Doumy/ AFP/Getty Images

chicagotribune.com - apnews.com - by ELAINE GANLEY and JOHN LEICESTER - December 8, 2018

The rumble of armored police trucks and the hiss of tear gas filled central Paris on Saturday, as French riot police fought to contain thousands of yellow-vested protesters venting their anger against the government in a movement that has grown more violent by the week . . . 

. . . Amid the melee, President Emmanuel Macron remained invisible and silent, as he has for the four weeks of a movement that started as a protest against a gas tax hike and metamorphosed into a rebellion against high taxes and eroding living standards . . .

. . . Macron on Wednesday agreed to abandon the fuel tax hike, which aimed to wean France off fossil fuels and uphold the Paris climate agreement. Many economists and scientists say higher fuel taxes are essential to save the planet from worsening climate change, but that stance hasn't defused the anger among France's working class.

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Super Cheap Earth Element to Advance New Battery Tech to the Industry

           

Purdue researcher Jialiang Tang helped resolve charging issues in sodium-ion batteries that have prevented the technology from advancing to industry testing and use. Credit: Purdue University Marketing and Media

CLICK HERE - STUDY - Ultrasound-assisted synthesis of sodium powder as electrode additive to improve cycling performance of sodium-ion batteries

phys.org - by Kayla Wiles - September 19, 2018

Most of today's batteries are made up of rare lithium mined from the mountains of South America. If the world depletes this source, then battery production could stagnate.

Sodium is a very cheap and earth-abundant alternative to using lithium-ion batteries that is also known to turn purple and combust if exposed to water—even just water in the air.

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Swiss Re No Longer Offers Re/Insurance to Firms with More Than 30% Coal Exposure

           

CLICK HERE - Swiss Re - News Release - Swiss Re establishes thermal coal policy to support transition to a low-carbon economy (4 page .PDF file)

insurancejournal.com - July 3, 2018

Swiss Re announced it no longer is providing re/insurance to businesses with more than 30 percent exposure to thermal coal across all lines of business.

The thermal coal policy applies to both existing and new thermal coal mines and power plants, and is implemented across all lines of business and Swiss Re’s global scope of operations.

This move marks the implementation of Swiss Re’s thermal coal policy announced in June 2017, which aims to manage carbon-related sustainability risks and support the transition to a low-carbon economy, the company said in a statement.

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ALSO SEE RELATED ARTICLE HERE - Swiss Re limits thermal coal coverage

 

 

 

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Extreme Weather Events Intensify Economic And Social Risks

submitted by Carrie La Jeunesse

           

Corporate sustainability teams could play an important role in building resilience to environmental risks.

bloomberg.com - June 4, 2018

According to the World Economic Forum’s Global Risks Report 2018, three of the top five threats in terms of likelihood are environmental: extreme weather, natural disasters and the failure of climate change mitigation . . . 

. . . The reason for the seismic potential of these environmental risks isn't just the risks themselves, but also their knock-on effects. In a global economy, every corporate executive has to consider the potential for cascading risks to threaten the systems that underpin our economy and society.

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Hitting Toughest Climate Target Will Save World $30tn in Damages, Analysis Shows

           

Dunlaw Wind Farm at Soutra Hill North in the Scottish Borders. The US president has claimed that climate action is too costly. Photograph: Murdo Macleod for the Guardian

Almost all nations would benefit economically from keeping global warming to 1.5C, a new study indicates

CLICK HERE - ABSTRACT - Large potential reduction in economic damages under UN mitigation targets

CLICK HERE - RESEARCH LETTER - Large potential reduction in economic damages under UN mitigation targets

theguardian.com - by Damian Carrington - May 23, 2018

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Wind and Solar Costs Continue to Drop Below Fossil Fuels. What Barriers Remain for a Low-Carbon Grid?

           

Energy Innovation's Michael O'Boyle and Silvio Marcacci outline the barriers to high-penetration wind and solar in the least-cost era

The following is a viewpoint from Michael O'Boyle, electricity policy manager for Energy Innovation, and Silvio Marcacci, communications director for Energy Innovation

utilitydive.com - by Michael O'Boyle, Silvio Marcacci - March 21, 2018

Wind and solar are now cheaper than virtually anyone predicted, and renewable technologies have reached an inflection point: Rapid cost declines made renewable energy the cheapest available sources of new electricity, even without subsidies, in 2017.  In many locations across America, building new wind energy projects is cheaper than running existing coal-fired power plants.

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