Thursday, October 6, 2011

John Nolt Lecture


 
Today I attended a lecture by John Nolt entitled, The Ethics of Climate Change. John Nolt is a professor of philosophy at The University of Tennessee Knoxville and began his tenure there in 1978. He obtained his PH.D. from The Ohio State University. His lecture was broken main sections. The first on discussed how global climate change is likely to kill billions of people and untold numbers of other organisms over the next millennium The second argued that the harm from greenhouse gas emissions varies directly, and probably more or less continuously on total emissions. The third and what he described as the most controversial is that individual emissions cause non-negligible harm. He then argued that the harm from greenhouse gas emissions contributes to an unjust and unjustifiable, domination of posterity by the now affluent. Next, he used the previous four conclusions to derive that our emissions are, unless necessary, morally inexcusable. Finally, he comes to the conclusion that therefore we should simply stop using unnecessary greenhouse-gas-emitting devices now. The list of unnecessary devices he mentioned includes leaf blowers, jet skis, dryers, large vehicles, and large televisions. I found his lecture to be interesting and informative. However, I found his final conclusion to stop using the unnecessary devices listed above to be totally idealistic and completely unpractical. While cutting out unnecessary devices out would be an ideal solution to cutting back on greenhouse gas emissions, I find his conclusion that they are morally unacceptable to be false because they are so engrained in our culture and are not as much of an environmental hazard as current farming practices.

Sunday, October 2, 2011

Proctor and Gamble Takes a Stand on Green Business

http://i.bnet.com/blogs/procter-gamble-green-logo-sq-627px.jpg?tag=content;siu-container 

Procter and Gamble is a consumer goods manufacturer and part of the Dow Jones Industrial Average. If you are not aware of what Procter and Gamble manufactures,  their brands including Bounty, Braun, Crest, Dawn, Gillette, Tide, and Fabreze just to name a few. Not only is Procter and Gamble an extremely successful business, posting 82.6 billion dollars in sales last year, they are also leading the way in environmentally sustainable business. On their sustainability website Procter and Gamble states that sustainability is about ensuring a better quality of life, now and for generations to come. The company has set forth many admiral long term sustainability goals including powering their plants with 100% renewable energy, using 100% renewable or recycled materials for all products and packaging, and having zero consumer and manufacture waste go to landfills. In addition to their environmental pledges, Procter and Gamble has made social responsibility pledges including funding education and safe drinking water for children in the Sub Saharan Africa region. Procter and Gamble has the goal to save a child’s life every hour by 2020. In order to do this they must deliver more than 2 billion liters of safe drinking water to developing countries every year. This pledge will save lives by saving children from dehydration and diarrhea. Proctor and Gamble is setting a great example for multi-national and multi-billion dollar companies to follow. They are not only fighting climate change, but are actively fighting to give children in third world countries better lives. More companies should follow in Proctor and Gamble’s footsteps.

Friday, September 30, 2011

Nike Leads Green Innovation


Green Nike Logo

Nike cooperation, typically known for their shoes and athletic apparel, has recently opened up a new branch of operations called the Sustainable Business and Innovation Lab. This new venture capital effort will seek out companies focused on sustainable products, sustainable manufacturing and sustainable marketplaces. Additionally, the company hopes the Sustainable Business and Innovation lab will help cut production costs, begin a new generation of green-technology businesses, and foster a new system of cooperate integration called the closed loop business model. It is great to see a company like Nike open up this new branch. Since the investments will be focused on young companies that are environmentally geared, there is a high level of risk reward for Nike. It is estimated that thirty to forty percent of venture capital efforts like this one lose all or the majority of money they invested into the small businesses and seventy to eighty percent of the time investors do not get their projected rate of return. However, on the other side of the coin if the young businesses invested in create a new method of production or develop a new product, Nike has the potential to save millions of dollars. Nike is setting a great example for other companies to follow. Supporting green startup businesses is a great way to promote sustainable business. If other businesses follow Nike’s example, it is possible that a wider spread green revolution will come about in the business world very soon.

Link to Nike Sustainability: http://www.nikebiz.com/responsibility/