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Presentation at SCMHRD, Pune; and CXO Learning Series, Confederation of Indian Industry (CII), Northern Region Headquarters, Chandigarh, India.
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What Businesses Need to Know to be Successful in a Global Economy
Professor Jeremy B. WilliamsChief Academic Officer
Knowledge Universe
CXO Learning SeriesCII Northern Region Headquarters, Chandigarh, India
21 June 2012
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www.facebook.com/profjeremybwilliams
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Overview
1) Why some believe there is no need to worry about climate change
2) Why we should worry about climate change3) What needs to be done4) Reasons for optimism?
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1) WHY SOME BELIEVE THERE IS NO NEED TO WORRY ABOUT CLIMATE CHANGE
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Source: nationaljournal.tumblr.com
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© Jeremy B. Williams 2007
1.Doubts about the science
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© Jeremy B. Williams 2007
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Source: krugman.blogs.nytimes.com
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2.We will inventour way outof trouble
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© Jeremy B. Williams 2007
3.Think abouttoday not the
future
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1.Doubts about the science
3.Think abouttoday not the
future
2.We will inventour way outof trouble
Bordering on the absurd
Ignores precautionary principle
Unethical
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2) WHY WE SHOULD WORRY ABOUT CLIMATE CHANGE
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© Jeremy B. Williams 2007
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The Stern Review, October 2006
On climate change:“The greatest market failure the world has ever seen”
Sir Nicholas Stern
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IPCC Fourth Assessment Report
February, 2007: Evidence of Human-caused Global Warming is ... “Unequivocal”
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2005: CO2 = 379ppm
350.org
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Source: http://www.21school.ox.ac.uk/news/archive/200702_inaugural_lecture.cfm
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Source: http://www.21school.ox.ac.uk/news/archive/200702_inaugural_lecture.cfm
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Upsala Glacier, Argentina
1928
2004
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Blomstrandbreen Glacier, Norway
1922
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Blomstrandbreen Glacier, Norway
2002
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The Imja Glacier, Himalayas
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The Imja Glacier, Himalayas
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Anhui Province, China, August 2006
Southeastern China, February 2011
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Floods in Southern China, June 2011, 550,000 left homeless
Floods in Southern China, June 2011, 550,000 left homeless
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Forced migrations
UN study estimates that there were 50 million environmental refugees around the world in 2010
Same study estimates that as many as 100 million people live in areas that are below sea level or liable to storm surge
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1 metre sea level rise will inundate more than 15 percent of Bangladesh, displacing more than 13 million people
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Annual carbon dioxide emissions
Bangladesh: 172kg per capitaUnited States: 21 tonnes per capita
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The ecological footprint concept
How many planets would we need if everyone lived like you?
http://www.myfootprint.org
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Calculating the ecological footprint
Image source: http://www.ew.govt.nz
Official statistics on consumption are used to calculate the amount of biologically productive land and water area required to produce the resources consumed and to absorb the wastes generated using prevailing technology
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Worldwide, there exists about 1.9 biologically productive global hectares per person
Image source: www.adbusters.org
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At what stage do you think humankind will outstrip its supply of biologically productive hectares?
A. 2010B. 2020C. 2050D. 2100E. No answer
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Image source: http://www.footprintnetwork.org/
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Image source: http://www.footprintnetwork.org/
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Image source: http://www.footprintnetwork.org/
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Image source: http://www.footprintnetwork.org/
China
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3) WHAT NEEDS TO BE DONE
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Cap and trade
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A tax on pollution
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“The Virgin Earth Challenge”… USD25 million prize if you can develop “a commercially viable design which results in the removal of anthropogenic, atmospheric greenhouse gases so as to contribute materially to the stability of Earth’s climate”.
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Marine cloud whitening?
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This design does not qualify apparently …
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Going about our business naturally
Radical resource productivity
Biomimicry
Service and flow economy
Investing in natural capital
www.naturalcapitalism.org
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Radical resource productivity
Using resources more efficiently in ways that can already be achieved; e.g. process redesign (disembodied technical change) or energy efficient buildings, passive solar heating.
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Research biomimicry
Spider silk Abalone shell
Stenocara beetle
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Reorient to a service and flow economy
Focuses more on selling and purchasing services rather than products
Makes manufacturers more ecologically responsible
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Invest in natural capital
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4) REASONS FOR OPTIMISM?
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Questions and comments please ...
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