Stakeholders

Sustainability Management

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Ignoring any stakeholder will
 damage the business and in time
cause problems for all of them

As part of looking for my next role, I was in Portland recently having lunch with an entrepreneurial colleague who advises and invests in start-up companies. We were talking about company leadership, on which subject writers have produced vast libraries of turgid prose peppered with the occasional insight. To me, however, leadership decisions are generally simple to make: it's all about the stakeholders.

Much lip service is given to stakeholders and their importance, but as with any bromide there's truth behind it. Who are the stakeholders?

Vampires

Draining Our Energy

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Energy Secretary Steven Chu

Energy vampires are pieces of electrical equipment that use electricity even when "off." Such equipment is not really off, just in some kind of stand-by, like TVs, so they can power on in less than a second rather than with a lengthy warm-up (like TVs of my childhood.) Some of these vampires are rather puzzling, such as the fat transformer block at the plug or mid-cord between wall socket and device that uses electricity even when disconnected from the equipment. Why can these not be built to be truly off?

More on this and other engaging energy topics at Secretary Chu's Facebook Notes.

Even More Mileage II

Hybrid Locomotives for Rail

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Warren Buffet says that his railroad can move a ton of freight 423 miles on one gallon of fuel. That's good, but it could be even better.

Pike [Research] estimates that by 2020, the use of hybrid locomotives will increase at a compound annual growth rate (CAGR) of 19.4 percent. At the same time, gensets will expand by 6.7 percent over the next decade.

"Hybrid locomotives will have a strong return on investment, as a result of their ability to use low-cost batteries," Pike senior analyst Dave Hurst said. "In addition, the market will receive a boost from new diesel locomotive emissions regulations scheduled to go into effect in the European Union in 2014 and in North America in 2015, which will require diesel locomotives to receive substantial changes or exhaust treatments."

“In addition, railroad infrastructure is growing rapidly in India and China, and emissions concerns will drive hybrid demand in those markets as well."

Where's It Wednesday V

Somewhere in Seattle.... where is this?

Answer next week.

Details on the weekly Where's It Wednesday puzzle here.
Other weeks' puzzles here.
Answer to last week's puzzle after the jump.

Voter's Guide

Facts, Not Bromides

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This should be required reading, especially in this post-Citizens United era, when everyone from Karl Rove to foreign energy interests is trying to buy our election with outright lies.

Even More Mileage

Fuel Standards for Large Vehicles

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Not content to boost automobile mileage standards, the Obama Administration has now proposed to institute the first ever standards for buses and long-haul trucks, which had previously been exempt.

The administration said the proposal, to be made final next year, will eliminate nearly 250 million metric tons of greenhouse gas emissions and save 500 million barrels of oil over the lives of vehicles produced within the program's first five years.

The rules will apply to the largest vehicles on the roads, including semi-trucks, buses, delivery vans, garbage trucks and heavy-duty work trucks.

"These new standards are another step in our work to develop a new generation of clean, fuel-efficient American vehicles that will improve our environment and strengthen our economy," EPA Administrator Lisa Jackson said.

Lisa Jackson is one of the few people in the Obama Administration who has a spine. One wonders why such things haven't been in place for years. It's not as if the technology doesn't already exist. Nor will it be another supposedly burdensome and costly regulation, as it will pay for itself:

Climate Change Cooperation

Mediterranean Countries Reach Agreement

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Many of the hard details remain, but political leaders from Greece, Turkey, Malta and the Palestinian Authority, joined by delegations from many other coutries, signed the Mediterranean Climate Change Initiative. The agreement

aims to accelerate environmental cooperation in the region, protect the fragile ecosystem and promote and implement low-carbon development projects in the region.

It's amazing Turkey and Greece can ever agree on anything after the decades long war and ensuing squabbles over Cyprus, yet on climate change, they find both agreement and the urgency to act.

Climate Change Ignorance

Majority of Americans Flunk Basics

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Yale University Project on
Climate Change Communication

In a survey by Yale University's Project on Climate Change Communication, 52% of Americans fail the basics in their understanding of climate change. The ignorance, however, does not stop many Americans from holding strong positions on what climate change is, whether it is happening, the extent it is caused by human activity, and whether scientists are credible. Worse still is the faulty belief that there remains a scientific rather than opinionated controversy:

...39% of people believe most scientists think global warming is happening while 38% believe there's a lot of disagreement between scientists. Nothing could be further from the truth, at least in the field of science where it matters most: climate science. Poll after poll has shown that almost 100% of climate scientists accept the evidence of climate change and believe we're the main cause. This shows a deep failure by the media to show the true nature of the debate.

The two percent of researchers who aren't in agreement deserve to heard. But they do not deserve equal time in the media. Imagine if you owned 98% of a business but your less-knowledgeable partner with only two percent had as much sway as you. It's a ridiculous way to approach business and a ridiculous way to present such an important issue.

Among other findings of the study:

Tax Cut Insanity

Different Results—This Time For Sure!

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Cut through all the malarkey of supply-side economics and just look at what tax cuts have done for us.



Or you could look at what tax cuts haven't done for us.

The U.S. economy has expanded at a healthy clip for most of the last 70 years, but by a wide range of measures, it stagnated in the first decade of the new millennium. Job growth was essentially zero, as modest job creation from 2003 to 2007 wasn't enough to make up for two recessions in the decade. Rises in the nation's economic output, as measured by gross domestic product, was weak. And household net worth, when adjusted for inflation, fell as stock prices stagnated, home prices declined in the second half of the decade and consumer debt skyrocketed.

So why exactly should we expect a different result if we elect more of the same politicans wanting to enact more of the same policies?

Something else I've been wondering, if tax cuts are always the right policy prescription for any economic diagnosis, how do you know when to stop? Even if you could cut all taxes to zero, then what?

I'd like to see the wingnuts politicians who robotically advocate ever-more tax cuts tell us what the "right" tax rate is, i.e. when would taxes be cut enough, and how will we know?

Soil Remediation in Toronto

Cleaning and Reclaiming the Waterfront

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Toronto Waterfront
showing the Revitalization Area

At long last the waterfront in my hometown of Toronto is being cleaned up from a century-old legacy of industrial contamination. The shoreline in the heart of the city, from Bathurst Street to the Don Valley, has vast potential beauty that has not been fully realized, but now may yet be. As a kid growing up in Canada's largest city I had almost no experience with Lake Ontario. One could go east to The Beaches, or take the ferry to Toronto Island, or have glimpses from Ontario Place or High Park, but the center of the city may as well have been in Saskatoon for all the advantage it took from the province's namesake lake.

The technology to perform in-situ separation and processing of contaminated soils will, if it proves out, have great application in many places.

One hopes that they can use it effectively at the ongoing environmental horror which is the Athabasca tar sands.

Where's It Wednesday IV

Somewhere in Seattle.... where is this?

An iconic Seattle location. Answer next week.

Details on the weekly Where's It Wednesday puzzle here.
Other weeks' puzzles here.
Answer to last week's puzzle after the jump.

Super Angels

Realigning the Startup Investment Landscape

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Slaying the old
investment dichotomy?

Fascinating essay from the must-read Paul Graham on how the emergence of a new class of investor—the super-angel—is changing the challenges and the rewards of funding startups. Money quote:

The fact that super-angels invest other people's money makes them doubly alarming to VCs. They don't just compete for startups; they also compete for investors. What super-angels really are is a new form of fast-moving, lightweight VC fund. And those of us in the technology world know what usually happens when something comes along that can be described in terms like that. Usually it's the replacement.

When an incumbent gets ossified and inflexible, and starts regularly failing its stakeholders, the conditions are ripe for a nimble new competitor to come along and eat their lunch. VCs in particular have had many years of awful performance for their limited partners. They have also been of increasingly limited help to an very tiny number of startups. Super-angels are poised between the angels and the VCs in the funding spectrum and offer investment amounts that better align a growing company's funding needs. The emergence of such a hybrid competitor is a welcome development to founders and early stage company executives. Super-angels will also force both angel investors and especially VCs to be better, and this can only help the future of innovation and its commercialization.

The Nightmare

Something Disturbing in the Woods

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It is the season of spooky and scary. Fear stalks the land. Frights assault us everywhere we look.

But political ads are also disgusting, obfuscating, tediously repetitive and deeply insulting to the intelligence. So, take a break from the political asshattery and tomfoolery!

Instead, choose frights that are creative, surprising and fun at The Nightmare at Beaver Lake, the premier Western Washington outdoor haunted attraction.

Peak Soil

Historically, Soil Loss Presages a Civilization's End

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The world's population is depleting too many things. While it may be possible to develop alternatives for some materials, it will not be easy to replace the substrate that nourishes us:

The thin layer of topsoil that covers the planet’s land surface is the foundation of civilization. This soil, typically 6 inches or so deep, was formed over long stretches of geological time as new soil formation exceeded the natural rate of erosion. But sometime within the last century, as human and livestock populations expanded, soil erosion began to exceed new soil formation over large areas.

Topsoil is eroding away in much of the world, exacerbated by climate change and the increased plowing and livestock raising necessary to feed an ever-growing population. Wind and water are taking it away in the Middle East, in many parts of Africa, in the Amazon, and in many other places.

It's Lovely

Gadding About

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After a very busy week, including travel to Corvallis and Portland, and slogging through the annual torment of tax filing, how pleasant it is to enjoy an uncharacteristically sunny and warm mid-October day with a walk in the woods. The leaves crunched underfoot. The streambed was dry. Had a few of what are likely the last of this year's wild blackberries. Heard, then saw a squirrel working a pinecone.

The late afternoon sun cast a gorgeously golden hue which this lame Droid picture doesn't capture, alas.

The dog and I both enjoy having this great network of trails just a half block down the street from our house. He chased a few rabbits. I mused on some of life's imponderables. Neither of us accomplished anything, but each enjoyed not doing so.

Reusing Water

Hydropower Only Borrows Water

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Water is an increasingly stressed resource. Demand is relentlessly increasing and supplies are subject to an ever-broader spectrum of competing and conflicting uses. Should water be dedicated to drinking? For irrigated agriculture? For animal husbandry? For extracting energy from oil shale?

Whatever the use, hydropower has great appeal because it merely uses the water literally as it is passing through. Flowing water turns turbines to generate electricity, but all of it continutes through, albeit slowed, and can then be put to whatever other use.

Hydropower potential remains huge. A study by the National Hydropower Association projects that the US hydropower industry will add 60,000MW of capacity by 2025, enough to power 17,000,000 homes. It will also create 700,000 new jobs.

"Hydropower offers tremendous potential for America to double its renewable energy production, provide reliable electricity for American families, and create thousands of new jobs," said NHA President Andrew Munro of Washington State's Grant County PUD.

Hydropower has significant impact on the United States economy, producing about 7% of the nation's electricity, more than any other renewable source. Here in Washington State we get almost 70% of our electricity from hydropower. US Secretary of Energy Steven Chu observed that hydropower offers "an incredible opportunity" to help solve simultaneously the nation's energy, economic and environmental needs.

Worried about fish impacts? Don't be.

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This blog post is part of Blog Action Day 2010 by more than 5,000 blogs in 140 countries.

More Mileage

Boosting CAFE standards

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We can write our own future

Transportation is the largest user of energy and the largest contributor to global warming from burning fossil fuels. So increasing the average fuel economy of US vehicles to 62 mpg makes lots of sense. The target isn't until 2025, and is currently no more than a proposal.

We must, and we will, keep the momentum going to make sure that all motor vehicles sold in America are realizing the best fuel economy and greenhouse gas reductions possible," Transportation Secretary Ray LaHood said.

Predictably, industry is wary:

A trade group representing the biggest auto companies, the Alliance of Automobile Manufacturers, said the proposal was based on "very preliminary and incomplete data."

The group's chief executive, Dave McCurdy, said the biggest carmakers, including government-owned General Motors, Ford Motor, Toyota Motor, and Volkswagen would closely review the administration's assumptions on technology, gas prices, and alternative fuels.

Diesel, hybrid electric vehicles and all-electric vehicles would all be critical components in such a scheme. All-electric vehicles would do a lot to boost the numbers. Cars needn't be small, just efficient.

Where's It Wednesday III

Somewhere in Seattle...

If you're new to Where's It Wednesday, the object is to identify the location in the greater Seattle area shown in the picture below. Answer next week. Solution to last week's picture after the jump.

Where is this?

Myth, Legend and Reality

Are Electric Cars for Real?

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220V at home is all most need.
Cars easily charge overnight.

Are electric cars a false promise or a panacea? Actually neither, but myths get in the way of understanding the role that they can and must play in solving our future transportation needs. These myths include:

1. Electric Cars Are Glorified Golf Carts

90% of my driving is between my house and one of three close-by park-and-rides. For most of my needs a glorified golf cart would serve very nicely. However, electric vehicles are increasingly indistinguishable from their fossil-fueled brethren on styling, performance, creature comfort, safety and reliability.

Standing Out

Republicans Reject Science

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Any real thinkers
left in the GOP?

Americans admire strong independent thinkers unafraid to stake out their own position. Taking positions that defy reason are another matter. We respect thinkers--there's little to admire about ignorant adamance, or about sycophants that all agree with another due to peer pressure or an unthinking urgency for tribal identification.

Republicans in this country are coalescing around a uniquely dismissive position on climate change. The GOP is stampeding toward an absolutist rejection of climate science that appears unmatched among major political parties around the globe, even conservative ones

[snip]

Indeed, it is difficult to identify another major political party in any democracy as thoroughly dismissive of climate science as is the GOP here. Eileen Claussen, president of the Pew Center on Global Climate Change, says that although other parties may contain pockets of climate skepticism, there is "no party-wide view like this anywhere in the world that I am aware of."

All credible reviews of the science come to the same conclusion: climate change is real, human activity is a key cause of it, and the damage being done is serious and warrants urgent attention. Conservatives all over the world accept this and are seeking solutions, yet here in the US our conservatives pretend there isn't even a problem to be solved.

Standing out? Outliers from the realm of reason.