Now a global pioneer in the operation of sustainable commercial bamboo plantations, EcoPlanet Bamboo is the realisation of a long-held dream and a great illustration of positive capitalism, writes founder Troy Wiseman.
This article originally appeared on Huffington Post’s Pioneers for Change blog.
Creating positive social change has been a deep seeded desire from my earliest memories and is part of who I am. Although a firm believer in capitalism, it is my heart for people that drives me and has been at the core of my entrepreneurial career since leaving home at 17, with nothing but $300 and a dream.
That dream was to build a company where people wanted to work hard, felt they mattered and were encouraged to reach for the stars.
I knew undoubtedly that to have the influence needed to make a real difference, in the world you have to have money. Three years later, with money saved from working two jobs, and a new credit card with 21% interest, I started my first company. In the space of six years we had a clothing company with $120 million in sales and manufacturing in 19 countries.
Growing up with not much more than food on the table and a roof over my head I understood first hand what’s like to be treated as though I didn’t matter. No matter where in the world, people don’t believe that a kid with no money, no college education, and no connections could do anything significant or amount to anything worth their time. I knew they were wrong. Why? Because what’s needed to be successful, create positive social impact and change the world, money can’t buy, and no status can create.
What is it? For me it was a strong work ethic, faith in God, enough confidence in myself to take risk, enough strength to get back up when knocked down while learning from my mistakes, enough humility to know what I knew and what I did not know. And most importantly, I cared enough to understand people and what they wanted. I knew instinctively that focusing on the needs of others was the key to fulfilling my own dreams.
But even so, everyone needs the opportunity to shine. One open door; one person to believe; one chance. I worked hard for that opportunity, and even harder through years of blood, sweat and tears to capitalise on it.
There are millions of people who wake every day thinking that because of their circumstances they have no hope for a better tomorrow. All they need is an opportunity to prove they have what it takes to change their own destiny. I want to give that opportunity to those looking for a hand up, the chance they need. The rest is up to them.
My philosophy on how to build a great company has never changed. Nor has my belief that building a business culture of respect, encouragement and professionalism for all – employees, shareholders, customers, and local communities is the best way to create positive social impact that contributes to the eradication of poverty.
Many people believe for capitalism to be positive, a compromise in the form of lower financial returns is necessary to generate social and environmental impact. That goes against my belief, that truly long term positive impact comes from successful businesses, and for that to occur a company must be competitive in all aspects of the financial marketplace.
No compromises in financial returns are needed if you execute correctly and are not short sighted. Short term financial returns might be lower while you enact proper processes, controls, training and get independently certified ensuring social and environmental impacts are, and continue to be, positive. However, the return on investment evens out within a few years, and over time those policies add significant value to earnings and the company.
EcoPlanet Bamboo is focused on making money while creating positive social impact, but includes an expanded desire to address environmental issues. We are focused on providing a sustainable fibre to capitalist corporations whose consumers have growing appetites for wood based products, everything from toilet paper to clothing.
The motivation that pushes me every day to build the best company possible is the excitement of securing a legacy for everyone involved by providing solutions for so many destructive business practices, from deforestation to the pollution that is destroying our climate, water and the air we breathe, all while creating thousands of jobs for those in need. It is the vision of making the world a better and more hopeful place.
EcoPlanet Bamboo is the culmination of my entrepreneurial career, my philanthropic work and my desire to impact positive change. It is the destination of a boy who never stopped believing in dreams.
EcoPlanet Bamboo is the largest owner and operator of commercial bamboo plantations outside of China. It is dedicated to making bamboo the timber of the 21st century, through the development of global industry.
To view this post on the Huffington Post’s Pioneers for Change blog, click here.
Photo: odonata98 via Flickr
Will Self-Driving Cars Be Better for the Environment?
Technologists, engineers, lawmakers, and the general public have been excitedly debating about the merits of self-driving cars for the past several years, as companies like Waymo and Uber race to get the first fully autonomous vehicles on the market. Largely, the concerns have been about safety and ethics; is a self-driving car really capable of eliminating the human errors responsible for the majority of vehicular accidents? And if so, who’s responsible for programming life-or-death decisions, and who’s held liable in the event of an accident?
But while these questions continue being debated, protecting people on an individual level, it’s worth posing a different question: how will self-driving cars impact the environment?
The Big Picture
The Department of Energy attempted to answer this question in clear terms, using scientific research and existing data sets to project the short-term and long-term environmental impact that self-driving vehicles could have. Its findings? The emergence of self-driving vehicles could essentially go either way; it could reduce energy consumption in transportation by as much as 90 percent, or increase it by more than 200 percent.
That’s a margin of error so wide it might as well be a total guess, but there are too many unknown variables to form a solid conclusion. There are many ways autonomous vehicles could influence our energy consumption and environmental impact, and they could go well or poorly, depending on how they’re adopted.
One of the big selling points of autonomous vehicles is their capacity to reduce the total number of vehicles—and human drivers—on the road. If you’re able to carpool to work in a self-driving vehicle, or rely on autonomous public transportation, you’ll spend far less time, money, and energy on your own car. The convenience and efficiency of autonomous vehicles would therefore reduce the total miles driven, and significantly reduce carbon emissions.
There’s a flip side to this argument, however. If autonomous vehicles are far more convenient and less expensive than previous means of travel, it could be an incentive for people to travel more frequently, or drive to more destinations they’d otherwise avoid. In this case, the total miles driven could actually increase with the rise of self-driving cars.
As an added consideration, the increase or decrease in drivers on the road could result in more or fewer vehicle collisions, respectively—especially in the early days of autonomous vehicle adoption, when so many human drivers are still on the road. Car accident injury cases, therefore, would become far more complicated, and the roads could be temporarily less safe.
Deadheading is a term used in trucking and ridesharing to refer to miles driven with an empty load. Assume for a moment that there’s a fleet of self-driving vehicles available to pick people up and carry them to their destinations. It’s a convenient service, but by necessity, these vehicles will spend at least some of their time driving without passengers, whether it’s spent waiting to pick someone up or en route to their location. The increase in miles from deadheading could nullify the potential benefits of people driving fewer total miles, or add to the damage done by their increased mileage.
Make and Model of Car
Much will also depend on the types of cars equipped to be self-driving. For example, Waymo recently launched a wave of self-driving hybrid minivans, capable of getting far better mileage than a gas-only vehicle. If the majority of self-driving cars are electric or hybrids, the environmental impact will be much lower than if they’re converted from existing vehicles. Good emissions ratings are also important here.
On the other hand, the increased demand for autonomous vehicles could put more pressure on factory production, and make older cars obsolete. In that case, the gas mileage savings could be counteracted by the increased environmental impact of factory production.
The Bottom Line
Right now, there are too many unanswered questions to make a confident determination whether self-driving vehicles will help or harm the environment. Will we start driving more, or less? How will they handle dead time? What kind of models are going to be on the road?
Engineers and the general public are in complete control of how this develops in the near future. Hopefully, we’ll be able to see all the safety benefits of having autonomous vehicles on the road, but without any of the extra environmental impact to deal with.
New Zealand to Switch to Fully Renewable Energy by 2035
New Zealand’s prime minister-elect Jacinda Ardern is already taking steps towards reducing the country’s carbon footprint. She signed a coalition deal with NZ First in October, aiming to generate 100% of the country’s energy from renewable sources by 2035.
New Zealand is already one of the greenest countries in the world, sourcing over 80% of its energy for its 4.7 million people from renewable resources like hydroelectric, geothermal and wind. The majority of its electricity comes from hydro-power, which generated 60% of the country’s energy in 2016. Last winter, renewable generation peaked at 93%.
Now, Ardern is taking on the challenge of eliminating New Zealand’s remaining use of fossil fuels. One of the biggest obstacles will be filling in the gap left by hydropower sources during dry conditions. When lake levels drop, the country relies on gas and coal to provide energy. Eliminating fossil fuels will require finding an alternative source to avoid spikes in energy costs during droughts.
Business NZ’s executive director John Carnegie told Bloomberg he believes Ardern needs to balance her goals with affordability, stating, “It’s completely appropriate to have a focus on reducing carbon emissions, but there needs to be an open and transparent public conversation about the policies and how they are delivered.”
The coalition deal outlined a few steps towards achieving this, including investing more in solar, which currently only provides 0.1% of the country’s energy. Ardern’s plans also include switching the electricity grid to renewable energy, investing more funds into rail transport, and switching all government vehicles to green fuel within a decade.
Zero net emissions by 2050
Beyond powering the country’s electricity grid with 100% green energy, Ardern also wants to reach zero net emissions by 2050. This ambitious goal is very much in line with her focus on climate change throughout the course of her campaign. Environmental issues were one of her top priorities from the start, which increased her appeal with young voters and helped her become one of the youngest world leaders at only 37.
Reaching zero net emissions would require overcoming challenging issues like eliminating fossil fuels in vehicles. Ardern hasn’t outlined a plan for reaching this goal, but has suggested creating an independent commission to aid in the transition to a lower carbon economy.
She also set a goal of doubling the number of trees the country plants per year to 100 million, a goal she says is “absolutely achievable” using land that is marginal for farming animals.
Greenpeace New Zealand climate and energy campaigner Amanda Larsson believes that phasing out fossil fuels should be a priority for the new prime minister. She says that in order to reach zero net emissions, Ardern “must prioritize closing down coal, putting a moratorium on new fossil fuel plants, building more wind infrastructure, and opening the playing field for household and community solar.”
A worldwide shift to renewable energy
Addressing climate change is becoming more of a priority around the world and many governments are assessing how they can reduce their reliance on fossil fuels and switch to environmentally-friendly energy sources. Sustainable energy is becoming an increasingly profitable industry, giving companies more of an incentive to invest.
Ardern isn’t alone in her climate concerns, as other prominent world leaders like Justin Trudeau and Emmanuel Macron have made renewable energy a focus of their campaigns. She isn’t the first to set ambitious goals, either. Sweden and Norway share New Zealand’s goal of net zero emissions by 2045 and 2030, respectively.
Scotland already sources more than half of its electricity from renewable sources and aims to fully transition by 2020, while France announced plans in September to stop fossil fuel production by 2040. This would make it the first country to do so, and the first to end the sale of gasoline and diesel vehicles.
Many parts of the world still rely heavily on coal, but if these countries are successful in phasing out fossil fuels and transitioning to renewable resources, it could serve as a turning point. As other world leaders see that switching to sustainable energy is possible – and profitable – it could be the start of a worldwide shift towards environmentally-friendly energy.