Recession Environmentalism Gets Its Day in Congress
CEO's got their hour in front of Congressional leaders recently and it didn't have anything to do with shady business policies or questionable balance sheets.
Chiefs of Walmart, IBM and General Electric sat down in front of the Pelosi-minted House Select Committee on Energy Independence and Global Warming to talk green power and smart grids.
The three heads have made laudable steps to reduce their impact on the environment by turning to renewable energy usage; their comments in Washington furthered the conversation on how businesses can lead the way toward a green energy future.
Walmart in particular has made drastic reductions in packaging use in 2008.The company is also a member of the Demand Response Coordinating Committee a consortium of power companies aiming to diversify their energy sources and move toward real-time electricity pricing.
But the catch 22 for large retailers is how to grow a business in a recession while reducing impact on the planet. It is still an unsolved challenge and one that companies will have to increasingly grapple with if the economy slips futher.
Another question is how much retailers will do to go green voluntarily especially when it may affect their bottom line. Walmart, the world's largest retailer, doubtlessly has a lot more room to experiment with environmental measures that may affect their bottom line than mid-sized retailers and small businesses. So what kind of incentives should government provide for retailers to go green? Or is now time to use a bit more coercion and mandate changes across the board?
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The Oxfam report prompted Anand Giridharadas to tweet: "Don't be Pinkered into everything's-getting-better complacency."
- A new report by Oxfam argues that wealth inequality is causing poverty and misery around the world.
- In the last year, the world's billionaires saw their wealth increase by 12%, while the poorest 3.8 billion people on the planet lost 11% of their wealth.
- The report prompted Anand Giridharadas to tweet: "Don't be Pinkered into everything's-getting-better complacency." We explain what Steven Pinker's got to do with it.
Moans, groans, and gripes release stress hormones in the brain.
Could you give up complaining for a whole month? That's the crux of this interesting piece by Jessica Hullinger over at Fast Company. Hullinger explores the reasons why humans are so predisposed to griping and why, despite these predispositions, we should all try to complain less. As for no complaining for a month, that was the goal for people enrolled in the Complaint Restraint project.
Participants sought to go the entirety of February without so much as a moan, groan, or bellyache.
- Facebook and Google began as companies with supposedly noble purposes.
- Creating a more connected world and indexing the world's information: what could be better than that?
- But pressure to return value to shareholders came at the expense of their own users.
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