The Big Short’s “dramatic retelling of the 2007-8 financial crisis reveals a riveting world of chaos, corruption and misfits” says the Guardian, but the results from the actual event seems way beyond our control. Or is it? Join Bristol Pound and Triodos Bank, for an afternoon of a comical and critical insight into the flaws of the global financial system and then discuss how we can practically respond and make things better.
The event will be a chance to see the critically acclaimed film and then take part in a live interview with renowned economic expert and MEP Molly Scott Cato and Triodos Bank’s Head of Finance Kit Beazley. Moderated by Bristol Pound CEO Ciaran Mundy, the focus will be on what we can do in our everyday lives to bring about the positive change we all want and empower our communities to create sustainable, resilient, and real economies.
Money, chaos & corruption: how the financial system got us into this mess and what can be done about it
Both Triodos Bank and the Bristol Pound are at the hub of innovation in the financial services sector in Bristol. Both organisations offer sustainable alternatives committed to positive change. Triodos Bank uses the power of finance to support projects that benefit people and the planet. Banking can be a force for good. By transparently connecting savers and investors with organisations creating positive impact, Triodos Bank uses finance to build a more sustainable society. The Bristol Pound is an alternative currency which ‘sticks’ to Bristol, strengthening the local economy and stopping money from leaking out of the city and getting into tax havens. Each Bristol Pound spent is an expression of values and a commitment to re-spend in the real, local economy again and again. This event is part of Good Money Week, a national campaign to educate and inspire people to use their money in ways that benefit people and the planet. Research from Triodos shows that more people want positive savings and investment opportunities but the industry is lagging behind. Support the movement for good money by following #GMW16.
About the film
The Big Short chronicles the story of hedge fund manager, Michael Burry (Christian Bale) who places a huge bet that the housing market will collapse, just before the financial crash of 2008 and has been commended for the way in which it explains concepts such as ‘subprime mortgages’ and ‘collateralised debt obligations’. Starring Christian Bale, Steve Carell, Ryan Gosling, Brad Pitt, Margot Robbie, Anthony Bourdain, Selena Gomez and Richard Thaler, it “approaches a serious, complicated subject with an impressive attention to detail — and manages to deliver a well-acted, scathingly funny indictment of its real-life villains in the bargain.” Rotten Tomatoes
In order to avoid disappointment on the night, they’re offering the chance to submit your questions in advance: submit your questions to firstname.lastname@example.org.
A Good Look At How Homes Will Become More Energy Efficient Soon
Everyone always talks about ways they can save energy at home, but the tactics are old school. They’re only tweaking the way they do things at the moment. Sealing holes in your home isn’t exactly the next scientific breakthrough we’ve been waiting for.
There is some good news because technology is progressing quickly. Some tactics might not be brand new, but they’re becoming more popular. Here are a few things you should expect to see in homes all around the country within a few years.
1. The Rise Of Smart Windows
When you look at a window right now it’s just a pane of glass. In the future they’ll be controlled by microprocessors and sensors. They’ll change depending on the specific weather conditions directly outside.
If the sun disappears the shade will automatically adjust to let in more light. The exact opposite will happen when it’s sunny. These energy efficient windows will save everyone a huge amount of money.
2. A Better Way To Cool Roofs
If you wanted to cool a roof down today you would coat it with a material full of specialized pigments. This would allow roofs to deflect the sun and they’d absorb less heat in the process too.
Soon we’ll see the same thing being done, but it will be four times more effective. Roofs will never get too hot again. Anyone with a large roof is going to see a sharp decrease in their energy bills.
3. Low-E Windows Taking Over
It’s a mystery why these aren’t already extremely popular, but things are starting to change. Read low-E window replacement reviews and you’ll see everyone loves them because they’re extremely effective.
They’ll keep heat outside in summer or inside in winter. People don’t even have to buy new windows to enjoy the technology. All they’ll need is a low-E film to place over their current ones.
4. Magnets Will Cool Fridges
Refrigerators haven’t changed much in a very long time. They’re still using a vapor compression process that wastes energy while harming the environment. It won’t be long until they’ll be cooled using magnets instead.
The magnetocaloric effect is going to revolutionize cold food storage. The fluid these fridges are going to use will be water-based, which means the environment can rest easy and energy bills will drop.
5. Improving Our Current LEDs
Everyone who spent a lot of money on energy must have been very happy when LEDs became mainstream. Incandescent light bulbs belong in museums today because the new tech cut costs by up to 85 percent.
That doesn’t mean someone isn’t always trying to improve on an already great invention. The amount of lumens LEDs produce per watt isn’t great, but we’ve already found a way to increase it by 25 percent.
Maybe Homes Will Look Different Too
Do you think we’ll come up with new styles of homes that will take off? Surely it’s not out of the question. Everything inside homes seems to be changing for the better with each passing year. It’s going to continue doing so thanks to amazing inventors.
ShutterStock – Stock photo ID: 613912244
IEMA Urge Government’s Industrial Strategy Skills Overhaul To Adopt A “Long View Approach”
IEMA, in response to the launch of the Government’s Industrial Strategy Green Paper, have welcomed the focus on technical skills and education to boost “competence and capability” of tomorrow’s workforce.
Policy experts at the world’s leading professional association of Environment and Sustainability professionals has today welcomed Prime Minister Teresa May’s confirmation that an overhaul of technical education and skills will form a central part of the Plan for Britain – but warns the strategy must be one for the long term.
Martin Baxter, Chief Policy Advisor at IEMA said this morning that the approach and predicted investment in building a stronger technical skills portfolio to boost the UK’s productivity and economic resilience is positive, and presents an opportunity to drive the UK’s skills profile and commitment to sustainability outside of the EU.
Commenting on the launch of the Government’s Industrial Strategy Green Paper, Baxter said today:
“Government must use the Industrial Strategy as an opportunity to accelerate the UK’s transition to a low-carbon, resource efficient economy – one that is flexible and agile and which gives a progressive outlook for the UK’s future outside the EU.
We welcome the focus on skills and education, as it is vital that tomorrow’s workforce has the competence and capability to innovate and compete globally in high-value manufacturing and leading technology.
There is a real opportunity with the Industrial Strategy, and forthcoming 25 year Environment Plan and Carbon Emissions Reduction Plan, to set long-term economic and environmental outcomes which set the conditions to unlock investment, enhance natural capital and provide employment and export opportunities for UK business.
We will ensure that the Environment and Sustainability profession makes a positive contribution in responding to the Green Paper.”