finance

The necessary transition to a new economy

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Even Forbes is jumping on the bandwagon of the “sharing economy” with a recent article on AirBnB. This closely follows Van Jones’s CNN article about the “sharing economy,” but the push to transform our broken economy isn’t just about sharing, though; it isn’t even just about renewable energy, energy efficiency, public transportation, and the other elements of the green economy movement. There is a “new economy movement” that’s pushing for a fundamental shift away from the neoliberal policies that have dominated our economy and society for decades.

Climate, politics & money – Feb 22

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•Arctic Death Spiral Bombshell: CryoSat-2 Confirms Sea Ice Volume Has Collapsed •Canada’s environmental activists seen as ‘threat to national security’ •The virtues of being unreasonable on Keystone •Why China’s carbon emissions may not matter •U.S. government risks financial exposure from climate change – GAO •E.ON lobbied for stiff sentences against Kingsnorth activists, papers show •Fear, optimism and activism: What drives change?

The Making of a Natural Gas Glut

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A former investment banker says the explosion in shale gas development, such as frenzied activity in northern B.C., was a financial mania largely driven by Wall Street bankers intent on capitalizing upon a record $46-billion worth of mergers and acquisitions that shook up the troubled industry in 2011.

So Much Magic

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In Extraenvironmentalist #56 we speak with James Howard Kunstler about his recent book, Too Much Magic: Wishful Thinking, Technology and the Fate of the Nation. Jim talks about how the magnitude of corruption in our financial system revealed since 2008 has been even greater than he could have imagined.

From Green New Deal to New Economy Coalition (Part I)

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Here is a short overview and strategic assessment of the green economy movement, including its organizational makeup.  It concludes with recommendations for transitioning from a double bottom line movement to a triple bottom line one: being more inclusive of historically marginalized communities.