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Thriving economies in southern Mediterranean PDF Print E-mail
Features (General)
Written by Sheila Moorcroft, Research Director, Shaping Tomorrow   
Wednesday, 22 October 2008

The Mediterranean Union was launched in July 2008, but greeted with a certain amount of scepticism after its aims were watered down.  Meanwhile, investment in the region is growing and so too are the ten MEDA country economies.

What is changing?

The meeting in July brought 43 countries together, the EU plus a further 16 from around the rim of the Mediterranean and the Baltic region, and breathed new life into the EU’s Barcelona process to encourage development in the Southern Mediterranean region.

The MEDA ten - Algeria, Egypt, Jordan, Lebanon, Morocco, Syria and Tunisia, Turkey,  the Palestinian Authority and Israel – account for about 4% of the world’s population.They have been attracting significant amounts of Foreign Direct Investment from a variety of sources, in particular other emerging nations whose investments are often more closely linked in with the local economy than Western approaches to investment and oil rich economies. Direct investment into Algeria and Morocco, for example has grown tenfold, in 5 years.  In total, MEDA inward investment is second only to China – just under $60 billion compared with $70 billion into China in 2006.


Last Updated ( Wednesday, 22 October 2008 )
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From challenge to opportunity -- new ways to invest PDF Print E-mail
Features (General)
Written by Hazel Henderson   
Friday, 15 August 2008
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“Even if you were lucky and got your money out of a failed bank... what are you to do with it?”, asks Hazel Henderson, a leading futurist who has been challenging conventional economics for more than 30 years.  In  this article she explores risks and opportunities and argues that the best new asset class is all the entrepreneurial companies that make up the Sustainability Sector – many of which have quietly outperformed the Dow and S&P indices.

We all know the story of the tulip mania, a favorite but short-lived asset of Europeans in the 1700s.  Gold has always been a favorite safe haven in spite of its volatility and recent efforts of central banks to devalue the yellow metal by leasing it and selling off their reserves.  We have lived through bubbles in art, antiques, jewelry, junk bonds, dot.coms and housing, as investors continually search for safety and diversification.
 Today, it's commodities – oil, corn, wheat, rice – that are in the news as ETFs (exchange-traded funds), hedge funds and even our pension funds pour billions into futures contracts.  Most of these institutional investors don't ever want to take delivery of the barrels of oil or bushels of grain.  They just roll over the contracts and buy and sell them, betting on higher prices.

Last Updated ( Friday, 15 August 2008 )
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More green jobs than brown PDF Print E-mail
Features (General)
Written by Jan Lee Martin   
Friday, 25 July 2008
earth2.jpg    Remember when commercial fishing interests were opposing restrictions on their operations on the grounds of job losses?  We can’t stop depleting fish stocks, they said, because if we do we’ll lose our jobs.  Uh-huh.  And then?

    Now we are seeing the same argument applied to carbon-producing industries.  We can’t stop destroying our natural environment because if we do we’ll lose our jobs.  Uh-huh.  And then?

    The fact is there are already millions of new, green jobs in the sustainable economy while jobs in the old, industrial economy are being replaced by machines.  And the new ones are jobs people might actually want to do.  What’s more, they are less likely to be exported.

    The Worldwatch Institute reports that the coal, oil and natural gas industries have been offering fewer and fewer jobs as high-cost production equipment takes the place of people.

    “Many hundreds of thousands of coal mining jobs have been shed in China, the United States, Germany, the United Kingdom, and South Africa during the last two decades, sometimes in the face of expanding production,” says the Institute’s latest update.  In the US alone, coal industry employment has fallen by half in the last 20 years, despite a one-third increase in production.

    Renewables, on the other hand, are poised to tackle our energy crisis and create millions of new jobs worldwide.  Senior Researcher Michael Renner argues that fossil fuel jobs are increasingly becoming fossils themselves, as coal mining communities and others worry about their livelihoods.

    Unlike Australia, whose Coalition government stood loyally by its industrial age partners to the very death, strong government support has allowed Germany, Spain, and Denmark to emerge as leaders in renewable energy development - and green jobs.
Last Updated ( Friday, 25 July 2008 )
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More good news from US: 10m solar rooftops? PDF Print E-mail
Features (General)
Written by Bob Audette   
Friday, 04 July 2008

Reports of a visionary proposal to install 10m solar rooftop panels in the US are significant not only0703 09 for their own news value, but as a further indicator that the green revolution is bursting onto centre stage in a polity long dominated by fossil fuel interests.  And it is certainly "a good start", as one advocate for renewable energy put it -- perhaps wryly.

“It’s a brilliant and visionary idea to put solar energy into the middle of the discussion on energy,” said Arjun Makhijani, the president of the Institute of Energy and Environmental Research. “A goal like that is very important because it will mean the solar manufacturing industry will have certainty that there will be a demand at the other end."

Makhijani was responding to a local newspaper, the Battleboro Reformer (03 07 08), with comments on a proposal from Vermont Senator, Bernard Sanders to  encourage the installation of 10 million rooftop solar units on homes and businesses over the course of 10 years. At one kilowatt-hour a unit, that could supply up to 10,000 megawatts of energy, or approximately the output of 13 nuclear reactors.

Last Updated ( Friday, 04 July 2008 )
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Slow Food Arrives in US at Last PDF Print E-mail
Features (General)
Written by Stacy Finz   
Wednesday, 02 July 2008

slowfood.jpgA major exhibition planned for San Francisco at the end of August is being called "the largest celebration of American food in history" -- and it's not fast food but Slow Food.  Its message is that Americans need to fix the food system or risk destroying their health and the planet. 

According to the San Francisco Chronicle 50,000 people are expected to participate, including some of the world’s leading food authorities, health care experts, farmers and policymakers.

"Slow Food Nation is the first such event to be held in the United States, although it’s patterned after similar events in Europe." the newspaper reported on June 30.  The exhibition will be held over the American Labor Day weekend (August 30 to September 1).

"Slow Food, a philosophy that food should be not only savored, but also produced with a social and environmental conscience, started as an Italian protest movement in 1986.

"Furious that McDonald’s had come to Rome, political activist Carlo Petrini organized a demonstration against the fast-food chain.

Last Updated ( Wednesday, 02 July 2008 )
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What time is the next revolution? PDF Print E-mail
Features (General)
Written by Rebecca Solnit   
Monday, 16 June 2008

rebecca_solnit.jpgWhen I was a young activist, the ’60s were not yet far enough away, and people still talked about “after the revolution.” They still believed in some sort of decisive event that would make everything different-an impossible event, because even a change in administration cannot bring a universal change of heart, and the process of changing imagination and culture is plodding, incremental, frustrating, comes complete with backlashes . . . and is wildly exciting if you slow down enough to see the broad spans of time across which change occurs. A lot of people then were waiting for the revolution; a lot of people now have lost faith that there will be one. The overthrow of the United States government seems extremely unlikely at the moment, but the transformation of everything within, around, and despite it has been underway for decades, including radical transformation in the governments of many other countries.

Sex before marriage. Bob and his boyfriend. Madame Speaker. Do those words make your hair stand on end or your eyes widen? Their flatness is the register of successful revolution. Many of the changes are so incremental that you adjust without realizing something has changed until suddenly one day you realize everything is different. I was reading something about food politics recently and thinking it was boring.

Last Updated ( Monday, 16 June 2008 )
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Wretched or contented? The politics of past lives PDF Print E-mail
Features (General)
Written by Richard Eckersley   
Thursday, 05 June 2008

Do we really have a better life than our hunter/gatherer ancestors?   Dr Richard Eckersley, Visiting Fellow at the National Centre for Epidemiology and Population Health at the ANU in Canberra and Founding Director of Australia 21, offers some surprising responses to that question in this talk for the ABC Radio program, Ockham's Razor (hosted by Robyn Williams)
richard_eckersley_2006_portrait.jpg
An enduring myth of modern times is that life before it was miserable. In the oft-quoted words of the 17th century English philosopher, Thomas Hobbes, the life of man in his natural state was 'solitary, poor, nasty, brutish, and short'.

A good example of the Hobbesian school of thought is Bjorn Lomborg's controversial book, The Skeptical Environmentalists: Measuring the Real State of the World. Lomborg includes a long quotation from the historian, Lawrence Stone, which he also paraphrases in his final chapter: 'We are no longer almost chronically ill, our breaths stinking of rotting teeth, with festering sores, eczema, scabs, and suppurating boils'. He uses this to warn against 'a scary idealisation of our past' and as a descriptive benchmark against which to judge progress. It is recited as if it represents the human condition before we discovered material affluence.

Last Updated ( Thursday, 05 June 2008 )
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