Verdant Light

Musings on sustainability and sustainable innovation.


1 Comment

Hope in a Post-Trump Climate

Here’s a bold prediction: the election of Donald J. Trump as President of the United States will, at worst, leave the environmental movement unaffected — and may actually improve its prospects in the long term.

Anyone who knows me personally or has followed my social media knows how vociferously I opposed Trump’s election, for profligate reasons — not the least of which being his denial of climate science and avowal to dissolve our climate commitments, such as our intended nationally determined contribution to the COP21 Paris Climate Accord (which took the form domestically of President Obama’s signature Climate Action Plan), and our bilateral agreement with China to co-lead on decarbonization between presidents Obama and Xi.

rtx1wg3s

But I’ve always been an eternal optimist, and as I try to accept our new post-Trump reality, I can’t help but look at our brave new world as not a crisis, but an opportunity.

First, some reality checking. I was in Paris for COP21 and cannot underestimate the groundbreaking nature of the Agreement and all that entails. President-Elect Trump has said he will abrogate our Paris commitment, but President Obama has already made the US a signatory; now that the Agreement has entered into force (as of 4 Nov 2016), no country can withdraw from it until it has been in force for 3 years. After that, withdrawal requires a one-year notice. So, the earliest that the US can withdraw is Nov 4, 2020 — by which time the American citizenry will have already decided whether we’ve had enough of President Trump.

President Trump can, of course, simply kill the Clean Power Plan and all US efforts to reduce our greenhouse gas (GHG) emissions, even if we’re technically still in the Paris Agreement. The Clean Power Plan focuses its regulations on coal-fired power plants, which are responsible for 31% of US GHG emissions; President-Elect Trump has already pledged friendship to the coal industry and stated plans to open more wildlife areas to oil and gas exploration. But regulation isn’t what’s depressing coal power; the industry has been in decline based on simple economics. Conventional coal plants cost $95 per MWh in 2015, even without the carbon capture and storage requirements that would add another $50/MWh. In contrast, a megawatt-hour of geothermal electricity cost $47; onshore wind, $74; conventional natural gas, $75; hydroelectric power, $85 — all cheaper than coal. Advanced nuclear power is at parity with coal at $95, and even solar photovoltaic electricity, currently priced at $125 per MWh ($114 after federal subsidies), has fallen 79% over the last half-decade and continues to fall. (Prices are given as levelized cost of energy, or LCOE, by the Energy Information Administration.)

Potentially more potent than rescinding specific environmental regulations is the prospect of eliminating or significantly gutting the Environmental Protection Agency entirely, another Trump campaign promise. Even if this were legally possible (difficult, at best) and the American public allowed it (we’ve seen bipartisan rebellion against eliminating environmental protections in the past), I might argue that this isn’t a terrible thing — if we seize the opportunity to rebuild a better Agency from its ashes.

epapowergrab

EPA was founded by Richard Nixon in 1970 as a counterweight against corporations who were despoiling the environment with impunity. Its early regulations were designed to keep rivers from setting ablaze, literally and figuratively — certainly good things. But society’s relationship with corporations has changed. Many corporations now see investment in our country’s social and ecological fabric as a good long-term investment (see Andrew Winston’s latest book The Big Pivot for an in-depth explanation). We no longer need counterfactual, end-of-tailpipe regulations to advance corporate sustainability; doing less bad is no longer enough. We need to reformulate the rules of the marketplace itself, and then let business do what business does best: innovate.

It’s not like EPA hasn’t changed with the times. Acting on a recommendation by the Environmental Defense Fund, George W. Bush’s EPA scrapped a proposed counterfactual regulatory scheme to curb acid-rain causing sulfur dioxide (SO2) emissions, and instead enacted a cap-and-trade mechanism that decreased SO2 emissions by 36% even as electricity generated by the affected coal plants rose by 25% — and at a cost savings of 15-90% less than the expected costs of the original regulation. The Economist called this “probably the greatest green success story of the [1990s]”.

Still, this hasn’t led to success on similar market mechanisms, such as carbon pricing (despite calls from companies ranging from Patagonia to ExxonMobil for a price on carbon), or better valuation of natural capital. Perhaps we need to go back to the drawing board to design an agency that can work with progressive businesses to define the rules of a clean economy. Let us use the discontinuity of this administration to lurch forward, not backward, in the way we rebuild our new economy.

As folks smarter than me have already argued, the sustainability movement has enough momentum to survive President Trump. I view this period as the dot-com winter of the 2000s: a harsh testing grounds for truly sustainable models. Strong models like Amazon and Google survived that testbed, and similar resilient models will outlast this sustainability winter. Let’s be poised and ready to lead once the spring blooms.

Advertisement


Leave a comment

Don’t Breathe the Air

There’s an adage that goes: “In a developing country, don’t drink the water. In a developed country, don’t breathe the air.”

This adage arose during a dirtier age — then a gift of a newly industrialized society. But in the last several decades we’ve gained a much greater understanding of the ills of air pollution, and have done great things like create a cap-and-trade mechanism for sulfur dioxide and NOx to reduce acid rain. Surely that old canard only now applies to rapidly developing countries like China and India.

My intern sent me an article recently that shattered this illusion, and reminded me that air pollution is by no means a thing of the distant past or equally distant Orient. Titled “Particules fines : 5e jour d’alerte en région parisienne” (fine particles: fifth day of alert for the Paris region), the article from Le Monde Planète describes that the Paris region had particulate counts that are off-the-charts — e.g., over 80 micrograms of PM10 (particles smaller than 10 microns in diameter per cubic meter) — for the fifth consecutive day on the 13th of this month. According to the article, particles this fine are known to exacerbate respiratory conditions like asthma and allergies, and even finer particles (2.5um) are proven carcinogenic. (Translations from the original French article here are my own, so please take them with un grain de sel.)

Générées par l'industrie, le chauffage et le transport (diesel), les particules peuvent provoquer de l'asthme, des allergies, des maladies respiratoires ou cardiovasculaires. | AFP/JEFF PACHOUD

The article describes how Paris currently has a perfect storm of poor air quality. In winter, like any major urban center, Paris generates plenty of emissions from heating, industrial usage, and diesel fumes. But for this stretch, the winter climate also created meteorological conditions of cold, dry, and still air, which led to the pollutants remaining trapped.

A coworker of mine who lives in Paris described how this recent spate of high pollution has significantly affected her life. Each day, she consults an app that reports the air quality of Paris, and on days when it’s this high, she cancels any plans to go outdoors with her young son.

It’s a sorry state of affairs when we are trapped inside by the very world we’ve labored to create.


Leave a comment

Mandela’s Legacy for a Sustainable, Equitable World

Mandela Nobel Peace Prize biogrpahical photoThis week, we both mourn the passing of Nelson Mandela and celebrate his mark on the world. There have been some wonderful commemorative pieces written, but I find myself reflecting on what “Madiba” and his movement have come to mean for global sustainability.

You may not realize that Mandela’s anti-apartheid movement was actually the genesis of the modern Socially Responsible Investing (SRI) movement. According to my friend and SRI industry veteran Jed Sturman, firms in the 1990s followed the precedent set by the Quakers in the 1600s — who had looked to divest from holdings supporting or supported by the slave trade — in divesting from apartheid-supported South African investments.

An amazing legacy of socially-responsible and sustainable investment has grown up since, from Ceres and its spin-off, the Global Reporting Initiative (GRI), to the drive to integrated reporting — social- and environmental value on the same annual report as financial statements. But I find myself reflecting more fundamentally on his tactics.

Mandela was amazing not only for his perseverance in his cause of racially equitable democracy in South Africa, but for uniting the world behind it. He broke a dynastic system of privileged self-protecting wealth with his vision, inspiration, leadership, and moral imperative. We face many of the same entrenched system conditions in the tragedy of the commons of global climate change, with issues ranging from environmental degradation of natural capital to economic justice in developing nations.

F. W. de Klerk — the last white apartheid president of South Africa, who released Mandela from prison and eventually shared his Nobel Peace Prize for ending apartheid — spoke upon Mandela’s passing that his greatest legacy was reconciliation for all races following his election as President. In our efforts, it’s easy to blame rich nations for polluting the most, or developing nations for raising their citizens’ standards of living through unsustainable means. Talks like COP and Rio+20 broke down on this hurdle. But let us instead remember that while neither our contributions to a degraded biosphere nor our suffering in a destabilized one are equal, the environment itself does not play divisive politics.

Mandela taught us that his Africa was not black Africa, or white Africa, but One Africa. It’s a worthy reminder to us sustainability professionals: emissions aren’t rich or poor, toxic chemicals don’t speak different tongues, and growing deserts know no political boundaries. There is but one biosphere in which we all breathe, eat, drink, and mate. Only through a movement built on unity can we solve the greatest moral imperative of our generation.