Economic Imperative

Stranded Assets

50 million used laptop batteries are discarded every year. The thing is, researchers have found that not only do roughly 70% of these batteries still provide a source of power, they could power an LED light for up to 4 hours a day for a whole year. The technology exists to combine solar panels with an LED light source, and by repurposing these laptop batteries, they can replace what is the most costly component of the existing technology. The IBM group, alongside a hardware R&D firm called RadioStudio, are harvesting working cells. Testing them, and combining them to create new packs.

Divest-Invest Philanthropy

Following up on my earlier blog on the decision by the Rockefeller Brothers Fund to divest their holdings in fossil fuels to renewables, this is part of a strategy developed at the UN during Climate Week, when more than 70 foundations in collaboration with individuals, universities, faith-based groups, schools, hospitals and cities from around the world—representing $50 billion—announced they would divest from fossil fuels and invest in new energy solutions.

Sustainable Prosperity

I participated recently in a conference at the University of Ottawa on Sustainable Prosperity. Although originally devoted to the use of market-based instruments for sustainable development and climate action, a powerful argument was made for a mix of policy and legislative innovations, combined with market-based instruments, a dynamic balance.