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When business meets a better business idea: Think about it

I’m familiar with Slutty Vegan and while not quite a fan – all the yelling, not sure I get that – the concept is solid and the burgers are good. And whatever one may think about the sustainability of meat and particularly the way we ‘farm’ chickens at this point, ‘They pull their little beaks off’ is actually a thing, no matter how you may or may not feel about it. And of course, the practice has far worse ethical issues.

SV founder and CEO Aisha “Pinky” Cole elaborates on her plan to exploit this fact to continue building her business (paywalled):

When you get an order of chicken wings, how many chickens is that? Two and a half? Two? What? And how old are they? Are these babies? Are they middle-aged? Are they wealthy? Are they poor? I wanna know: Where are these chickens coming from? And how are y’all able to produce so much, so fast?

I stopped eating meat altogether in 2007. I got food poisoning after I went to a restaurant. I had a chicken sandwich, and I got super sick. I was like, “That’s it. I’m not eating no more meat.” A little shy of 10 years ago, I went cold turkey and never turned back. When I went vegan, I had a restaurant that sold meat. I was selling oxtails and jerk chicken. But I wasn’t in alignment because I didn’t eat it. So why was I selling it?

Veganism is closely associated to climate change and how it’s important to save the animals and make sure that you’re doing the right things so that animals can sustain. I started really researching those things and I’m like, “Oh, I have to use my voice a little bit differently.”

Fake burgers as lifestyle brand, y’all.

Do try to keep up.

More on SV here.

Image: Not a burger (Beef Wellington, actually), but I bet she’s working on it. via wiki commons

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Almost as If

Dr. K brings the medium, sensible heat today regarding Russian failures in Ukraine. It’s a good explainer without the jingoism, importantly including the economic offensives alongside the military ones that have been less than dispositive, or perhaps more so depending on your rooting interest.

But the kudos to Europe for not only resisting energy blackmail but in so doing, also for revealing that the planning and execution of the energy transition are well under way:

So what can we learn from the failure of Russia’s energy offensive?

First, Russia looks more than ever like a Potemkin superpower, with little behind its impressive facade. Its much vaunted military is far less effective than advertised; now its role as an energy supplier is proving much harder to weaponize than many imagined.

Second, democracies are showing, as they have many times in the past, that they are much tougher, much harder to intimidate, than they look.

Finally, modern economies are far more flexible, far more able to cope with change, than some vested interests would have us believe.

For as long as I can remember, fossil-fuel lobbyists and their political supporters have insisted that any attempt to reduce greenhouse gas emissions would be disastrous for jobs and economic growth. But what we’re seeing now is Europe making an energy transition under the worst possible circumstances — sudden, unexpected and drastic — and handling it pretty well. This suggests that a gradual, planned green energy transition would be far easier than pessimists imagine.

Read or listen to (not recommended!) the business news any day of the week and everything any normal person would consider good news – strong jobs report, tight labor market, increased consumer protections, penalizing reckless banking and investment behavior – is all cast in terms of doom and gloom. The sky is always falling and we can’t do this or have that and so stop wanting it and vote for more oppression of the powerless. Kick down, pull up the ladders, that’s all we can do.

What if – and yes, caution, slight optimism ahead – all of that is itself just a form of corruption? The fossil fuel industry, just as an obvious example, has been assuring us since the 1970s that it just can’t be done, there is no way to replace coal as our primary energy source, so stop trying. Wind stops blowing. Solar? Have you heard of nighttime? It’s too expensive, too impractical, is itself bad for the environment. Birds! Plus, people hate to see windmills. They don’t want electric cars. Meanwhile what has happened? What is happening?

What if we decided to get even more bold, rather than cowering in fear about what we’re afraid to do, that we are reminded we can’t do? What other issues out there might not be so inviolate?

Guns?

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Business-speak brouhaha

Oh, for the love of language. As Duncan reminds, the aughts were an incredibly fraught time for cloaking war and destruction in democracy as a way of de-stabilizing and neutralizing domestic opposition – both political and in the media (still a smoking ruin but… bygones). But about the same time – curiously, right around the time of the establishment of this very fine blog – the business community encountered the nascent green movement and saw… well, you know what they saw. Let’s see how the language is holding up:

For the first time in at least a decade, US drillers last year spent more on share buybacks and dividends than on capital projects, according to Bloomberg calculations. The $128 billion in combined payouts across 26 companies also is the most since at least 2012, and they happened in a year when US President Joe Biden unsuccessfully appealed to the industry to lift production and relieve surging fuel prices. For Big Oil, rejecting the direct requests of the US government may never have been more profitable.

At the heart of the divergence is growing concern among investors that demand for fossil fuels will peak as soon as 2030, obviating the need for mutlibillion-dollar megaprojects that take decades to yield full returns. In other words, oil refineries and natural-gas fired power plants — along with the wells that feed them — risk becoming so-called stranded assets if and when they are displaced by electric cars and battery farms.

In other words, companies will pay dividends and buyback stock to keep the share price high for as long as they can, even in the face of all the signs that are telling them to shift, while they shift and not supporting the shift, thereby slowing the shift, when the shift needs to happen much faster. Squeeze all the profits out of short-term projects, eschew longer term investments in fossil fuels, which are obviously foolish because of what we are doing/not doing. If and when, indeed:

US oil production is expected to grow just 5% this year to 12.5 million barrels a day, according to the Energy Information Administration. Next year, the expansion is expected to slow to just 1.3%, the agency says. While the US is adding more supply than most of the rest of the world, it’s a marked contrast to the heady days of shale in the previous decade when the US was adding more than 1 million barrels of daily output each year, competing with OPEC and influencing global prices.

Tell us again – Billions in Handouts as doubts grow – actual subtitle of article (thanks editors!): Shareholders envisioning the imminent peak of petroleum demand want executives to focus on short-term returns rather than long-term projects that risk becoming stranded assets.

In the immortal words of William Burroughs, “And because he was himself a priest, there was no need to call one.”

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Designing Horizons

Funny thing about Green buildings – we need them! That’s decidedly unfunny BUT… timing is very important as far as the technology available and what seems most durable when architectural engineers choose how to power the building. Especially if it’s innovative and edgy:

Some of the building’s most important green features were the right answer to the climate problem in 2016, when design work was completed. “And then the answer changed,” Mr. Wilcox said.

Unlike many skyscrapers, One Vanderbilt generates much of its own electricity. This was a leap forward a decade or so ago — a way of producing power that saved money for landlords and was cleaner than the local grid.

However, One Vanderbilt’s turbines burn natural gas. And while natural gas is cleaner than oil or coal, it is falling from favor, particularly in New York City, which in recent years has adopted some of the most ambitious climate laws in the world, including a ban on fossil fuels in new buildings.

As that transition happened, SL Green was caught in the middle. Although One Vanderbilt went up relatively quickly, topping out after three years, its owner had to watch as the city’s environmental strategy raced forward.

The building is one of those skinny, ribbon skyscrapers in Manhattan. And they had the right idea. Kind of. It was right at the time, which seems like, well, ouch.

It is akin to many familiar things, like choosing a vocation that will interest you for decades and hopefully longer. It can be tricky, based on what you think is out there. If you choose a life of exploration – artistic, scientific, whatever – you throw the rock (the thing you’re chasing) as far as you can. Hopefully the journey to finding/achieving takes a long time, years, enough time for you to develop as a finder of such things.

Building is slightly different, as it is so permanent. So… go with ancient designs or new bells and whistles? It’s a gamble, much like choosing a vocation, if you are so fortunate. Choose wisely.

Image: an ancient design, Le Pont du Gard

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Already figured out

A list of things we have already figured out, ways of living that support the planet’s future, to be quite frank about it.

Fast(er) trains – take the best one in the U.S., the Acela in the northeast corridor. We should have deeded it over to France or Japan years ago. They would charge us less, the trains would already be faster and more efficient, likely easily spread south and west for obvious reasons, displacing an over-reliance on regional airline traffic. Because we… see title.

Live close to work, school and play. This supposed magic to happy living requires no reverse engineering, and actually very little engineering at all. Just incentives and penalties, zoning, bikes lanes, public transport, and host a host of things we… see title.

Eco-friendly products, ‘perils’ of greenwashing (who’s, exactly?), and renewable energy generation. The barriers holding us back to realizing these are… the decisions not to embrace them. It’s very much akin to not funding pre-K or other early childhood education that we already know works really well. They all exist right now and have for decades. Renewable energy is in its early adulthood, and the so-called ‘perils’ are only fueling the corporate campaign to delay changing anything:

The peer-reviewed paper, published Thursday in the journal Science, analyzed all known climate predictions produced or reported by scientists at ExxonMobil and its predecessor from 1977-2003, and found that they were “at least as skillful” as those by independent experts (Exxon merged with Mobil in 1999). Like those independent models, most of Exxon’s proved to be accurate.

“They didn’t just vaguely know something about global warming decades ago, they literally knew as much as independent academic scientists did,” said Geoffrey Supran, the paper’s lead author, who recently left a research position at Harvard University to become an associate professor of environmental science and policy at the University of Miami’s Rosenstiel School of Marine, Atmospheric and Earth Science. “We now have this airtight, unimpeachable evidence that Exxon accurately predicted global warming years before it turned around and publicly attacked climate science.”

How much longer we’ll have to let the debates about ESG rage on, die off, and make comebacks are more about the fate of business news operations and PR than they are about investments in viable products, power, or even politics. Getting past what we’ve already figured out is the only route to splashy new breakthroughs like, hey, the coral reefs might actually survive.

Image: ACC Transportation and Public works

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How to stop running if you hate it so much

Reverse of this real story in the WAPO. I mean, really.

When companies/governments go quiet about their so-called ESG efforts, whether it’s investing or actually taking steps to reduce their carbon print(s), to avoid criticism and backlash well, you know we are once again through the looking glass:

The phenomenon, known as green hushing, has become pervasive even as businesses set more ambitious internal targets, according to a survey by South Pole, a climate consultancy and carbon offsets developer.
South Pole surveyed 1,200 large companies from 12 different countries, all of which have set net-zero targets and more than two-thirds of which identify as “heavy emitters.” It found that although a majority of companies have set science-based targets to help them deliver on their commitments, 23% “don’t plan to publicize” them.
The findings suggest that the stigma of so-called greenwashing, where a company exaggerates its green credentials, is so feared that executives will do anything to avoid being accused of it. Being labeled a greenwasher brings with it reputational harm, financial damage and, increasingly, the scrutiny of regulators. And once tainted by such allegations, companies can struggle to resurrect their reputations.

But green hushing also comes at a cost, South Pole said.
“More than ever we need the companies making progress on sustainability to inspire their peers to make a start,” said Renat Heuberger, chief executive and co-founder of South Pole. “This is impossible if progress is happening in silence.”

So, it’s a preemptive PR move, if that makes you feel any better (Ed: it doesn’t). But it does remind us who/what companies serve first – their reputations. If everything is done for optics, what are we ultimately looking at? Much less seeing. We do well to keep this in mind across many contexts – which news stories, politicians, examples of corruption, coups d’etat get more play – all are choices. There’s nothing celestial about which news makes headlines. Someone decided.

It’s much the same with these companies who decide that ‘being quiet about it’ is just another tool in their climate tool box. People and planet need confirmation, verification, allies, and affirmation.

Apologies to Dylan Thomas but Do not go quiet into that good night,

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My EV in your ICE(e)

Lot lady: What kind of car are you looking for?
Driver man: What kinds you got?
Lot lady: These kinds

California is poised to ban the sale of new gas-powered vehicles — a far-reaching policy that is likely to reverberate throughout the rest of the country and the world.

On Thursday, the California Air Resources Board will issue the new rules that were first rolled out by Governor Gavin Newsom in 2020, which would require 100 percent of new cars sold in the state to be free of carbon emissions, according to The New York Times.

The rule would phase in over time, with 35 percent of new passenger vehicles sold by 2026 and 68 percent by 2030. California says that over 16 percent of new car sales were “zero-emission vehicles” in 2022 — up from 12.41 percent last year and 7.78 percent in 2020.

Note those last few stats about percentages of non-ICE vehicles sold per year. That’s a very big jump and consumer choices are about to get very much wider.

Now, we’ll have to make indie renewable energy generation more commonplace, rooftop solar coming to your neighborhood house. Just enough to power your automobile would be a huge step in the right direction, but then what happens when it keeps working and electricity starts get cheap towards free? Then what will you do, huh? Didn’t think of that!

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Got ’em by the donors

So… a strange (but relevant!) digression. All the chitter-chatter about the former president not being able to get good legal advice, I mean, the absurdity of that sentence alone.

Anyway, some possible reasons why: 1) he lies constantly, 2) he thinks he’s smarter than everyone – meaning he will get you in real legal trouble if you’re on the record representing him and 3) most important, you’ll get stiffed. So why would any attorney with federal court trial experience put their reputation on the line for any of that? The premise is self-refuting. And here’s where the green gets truly, unfortunately, meta.

He’s raising money on all this legal trouble he’s in – stolen docs, destroyed evidence, obstructing justice… and though it looks like its political fundraising, guess again. Winred is not ActBlue. The RNC is raising money from the gullible to pay his legal bills, causing them to also pull out of media buys for weak candidates, which is all fine with me, sure. But let’s call it what it is: green from the green to protect a racket of degenerate hucksterism.

Wasn’t it weird how fast the feds returned his passports? I mean, go already!

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The downfall of cities that are inhuman

High-tech city-region conceptual nightmares get all the attention:

Gray had signed on to a city-building exercise so ambitious that it verges on the fantastical. An internal Neom “style catalog” viewed by Bloomberg Businessweek includes elevators that somehow fly through the sky, an urban spaceport, and buildings shaped like a double helix, a falcon’s outstretched wings, and a flower in bloom. The chosen site in Saudi Arabia’s far northwest, stretching from the sun-scorched Red Sea coast into craggy mountain badlands, has summer temperatures over 100F and almost no fresh water. Yet, according to MBS and his advisers, it will soon be home to millions of people who’ll live in harmony with the environment, relying on desalination plants and a fully renewable electric grid. They’ll benefit from cutting-edge infrastructure and a regulatory system designed expressly to foster new ideas—as long as those ideas don’t include challenging the authority of MBS. There may even be booze. Neom appears to be one of the crown prince’s highest priorities, and the Saudi state is devoting immense resources to making it a reality.

Yet five years into its development, bringing Neom out of the realm of science fiction is proving a formidable challenge, even for a near-absolute ruler with access to a $620 billion sovereign wealth fund. According to more than 25 current and former employees interviewed for this story, as well as 2,700 pages of internal documents, the project has been plagued by setbacks, many stemming from the difficulty of implementing MBS’s grandiose, ever-changing ideas—and of telling a prince who’s overseen the imprisonment of many of his own family members that his desires can’t be met.

The consultants love it, we can be sure. But it’s not just this or similar grandiose, wrecked visions. Every municipality – and they are multitude – that prioritizes roads and personal automobiles faces an acute reckoning. The sci-fi setting isn’t even necessary, the merely ubiquitous [ed. pedestrian? deja ] cities and towns that strand people just far enough away from school, food, work, and/or play represent an invisible disaster, one we don’t understand, one we will seek to blame on anyone but ourselves and in so doing, soften the ground for fascist inroads. It’s pretty straightforward and has everything to do with removing the humanity from daily interactions.

Examples like Neom could do a better job of serving to remind us of the chief failings of our own unworkable burgs, keep us off the hinterlands and more engaged in town life.

Image: A planned seaside hotel. Photographer: Iman Al-Dabbagh

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Skins in the game

sidewalk plaque in Charlottesville, Virginia plaque featured chalk graffiti added by local artist Richard Parks.
(Courtesy of Richard Parks)

As if we need reminding (ed: we do!), set aside how much we hate women and remember how racist we are! The discussion about American universities – especially our oldest, most venerable institutions of higher learning – and their deep connections to slavery has barely begun to break through, even and especially at our oldest, most venerable institutions. So, while the public remains largely unaware of the history, we might wonder how universities have for so long escaped scrutiny about the past – about how they were built, how they succeeded, who they succeeded for, and how so much of this was connected to buying and selling people to use as free labor. The NYRB dives into a four new books, and sets the stage rather clearly:

One reason, perhaps, that academic institutions were spared from scrutiny was that they seemed, by design, to be physically removed from the vulgar transactions of commercial life. The trading houses where merchants contracted for consignments of cotton, rum, molasses, and human chattel; the insurance firms that indemnified slave owners for loss of human property; the clothiers that manufactured coarse smocks for enslaved field hands—all these were likely to be found among shops and markets, close to the banks from which they obtained credit and the wharves where human goods were loaded or unloaded for sale.

Think, on the other hand, of our early colleges: Harvard on its bluff above the Charles River, or Yale looking across New Haven Green toward the Long Island Sound, or Brown atop the heights of Providence. Their architecture (ecclesiastical) and setting (pastoral) seemed to say, “We stand above the fray, removed from the workaday world, in a high-minded sphere of our own.” For people like me whose shelves are filled with books about these colleges, it’s not a bad idea to paste a note every foot or so along the edge of the shelf bearing this reminder from the novelist James McBride: “The web of slavery is sticky business. And at the end of the day, ain’t nobody clear of it.”

And friends, of course it’s not just the Ivies. The preponderance of screaming denials (CRT!) and counter-recriminations (Woke!) arise out of fear and cowardice about facing this history as it bleeds to profusely into our present. Can’t stop the bleeding without finding the wound, cleaning it carefully, repairing as much damage as possible, dressing it and providing all available care for full recuperation. Only then can we attend and check on the healing.

Image via WAPO