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Environmental News Network -- Know Your Environment
One morning at the Shambhala Music Festival in the Kootenays a few years ago, young scientist-to-be Paige Whitehead looked around at the vast piles of discarded glow sticks everywhere and was struck by the thought that there surely had to be a more environmentally friendly way to party.
Much more than merlot is being harvested from the vineyards dotting the landscape near UBC’s Okanagan campus.
Consider these three recent developments: California emerged from drought in April 2017, fewer companies reported impacts associated with water scarcity[1], and the average freshwater intensity of companies in the MSCI ACWI Index dropped by 15 percent between 2015 and 2016[2]. While these are positive short term signals for investors concerned with water scarcity, 2017 was also the most costly in U.S. history for natural disasters[3]. This underscored the thinking behind a key trend that MSCI ESG Research identified in the beginning of 2017[4]: institutional investors are shifting their portfolio analysis from the measurement of regulatory risks, such as the U.S. withdrawal from the Paris Agreement, to physical risks, such as exposure to coastal flooding along the U.S. Gulf Coast.
Scientists have engineered an enzyme which can digest some of our most commonly polluting plastics, providing a potential solution to one of the world’s biggest environmental problems.
In 2014, I predicted “Desert Greening the Next Big Thing”,[1] would be led by green investors. I’m still waiting for this shift from humanity’s single minded focus on traditional agricultural crops (glycophytes) relying on the planet’s three percent of fresh water. Why so little shift to more sustainable, nutrient-richer, salt loving (halophyte) plant foods, such as quinoa? Because vested interests in the vast incumbent global agro-chemical industrial complex are as powerful and persistent as those in the worldwide fossilized sectors. Corporations like Cargill and ConAgra dominate, along with agro-chemical giants Monsanto, Syngenta, Bayer, BASF, and DowDupont, selling fertilizers, herbicides, insecticides, fungicides and genetically-modified seeds, as well as those selling farm machinery, Deere, Caterpillar, Yamaha and their thousands of dealers around the world.
If you've ever noticed yourself thinking about the timing of a plan in two opposing ways – something that feels longer off than your actual time calculation -- you’re on to something. New research shows our different ways of estimating time don't necessarily move in lock-step.
