The answer to the headline of this piece is, at the moment, no. But it’s the wrong question. The current investment risk is systemic. Sustainability means that our economy, ecology and society are interconnected and need to be in balance. The risk to the system is the dominance of unsustainable economic activity at the expense of sustainable alternatives, and the irreversible harm being done to our environment and society.
This week we passed the point at which the Earth can, for this year, no longer sustain current levels of consumption – an event occurring earlier and earlier each year. We will overshoot Earth’s viability by 37% in 2013, during a period of relatively sluggish economic growth. We blow the planet completely if the global economy recovers.
In a recent speech, Financial Times sage Martin Wolf clearly articulated the continuing global debtor-saver imbalances between developed and emerging economies, over-leverage in banking (finance represents 20% of the FTSE 100) and the continuing failure to address climate change.
Until the over-consumption of resources and instabilities in capitalism and the environment are addressed, another crash is inevitable and will probably make 1929 and 2008 seem like walks in the park. This is not an inheritance we at Blue & Green Tomorrow, along with many others, wish to leave future generations.
But there is an alternative. And it takes political leadership, corporate responsibility and individual acts of enlightened self-interest.
The threat to our way of life is greater than any since 1939. We are at war, and for us, it’s not the planet that is the enemy.
Punish any politician, media operation or business that lies or fails to act on climate change. Look in the mirror and ask if what you’re doing is harming your children and their children’s future.
“Daddy, what did YOU do to stop global warming?”
Use your vote sustainably
Do not vote for a politician unless they affirm their commitment to sustainability. The fossil fuel mafia has infiltrated and taken over parliament. By voting Green, you may find that you have more friends that you thought.
Here’s a handy list of names to avoid, courtesy of the Campaign against Climate Change: “Peter Lilley, Christopher Chope and Andrew Tyrie, as they all voted against the Climate Change Act 2008. However, they are not the only sceptics in parliament. Other Conservative members include John Redwood, Douglas Carswell, David Davis and previously Roger Helmer (now UKIP, as of March 2012). From the Labour Party, the key name that arises is Graham Stringer.”
Read about sustainability in Blue & Green Tomorrow and please, please spread the word (like us; follow us)
Do not buy the Telegraph, Times, Sun, Daily Mail or Daily Express or their Sunday stablemates. These newspapers are spreading disinformation (deliberate misleading) to protect their own economic self-interests from fossil fuel advertisers. If you believe that climate change is not caused by human activity, you are reading the wrong newspapers by choosing one of these.
Use your money sustainably
Anything a government, company or individual does to reduce systemic risk through improved sustainability is a step in the right direction.
Could the infant sector that is sustainable investment survive a stock market crash similar or larger than 2008? We’re not sure that there would be much left of anything in those circumstances, as unsustainable and reckless investors will drag everyone down with them.
Sustainable innovation equals sustainably growth
All that said, innovation leads to growth. Sustainable innovation could lead to sustainable growth. Clean technology is one such innovation. A fossil fuel economy is an 18th century economy and this is the 21st century – renewable energy, energy efficiency and carbon capture could be the major industries of the future – harnessing our ingenuity and creativity and natural resources, creating valuable exports today and making our economy energy self-sufficient in the future.
The answer therefore, is not to do nothing. Vote, spend and invest sustainably.
Yes, we may be fighting the long defeat. The forces arrayed against us are formidable and see vast short-term profits in exploitation, pollution and waste. The odds are against us and the situation is grim. The media and political class have been weighed, measured and bought wholesale. Never in the field of human endeavour has so much been owed by so many and so much owned by so few.
Powerful people and corporations will make us claw any viable future out of their cold dead hands. They need to win at any cost so that their rapacious, unsustainable machine can continue rolling forward, crushing anyone and anything that stands in the way.
We must not let them win. There is a chance, however slim, as long as we act today.
Over to you.
Like our Facebook Page
Highly Effective Eco-Friendly Hand Sanitation Practices
Are Electric Vehicles Ready for Mass Adoption? What’s Holding Them Back
Mastering the Key Elements of Sustainability in Ecommerce
Infographic: Fighting The Environmental Impact Of Face Masks
10 Perfect Zero Waste Christmas Gifts To Give This Year
Consider Making a Profound Change as an Environmental Lawyer
10 Simple Home Improvement Tips To Create A Green Home Environment
Eco-Friendly Guide To Off Grid Boondocking In Your RV
Business Initiatives: Ways to Preserve the Environment
Ultra Simple Guide to Consumer Solar Panel Installation
Implementing the Best Sustainable Construction Practices with Timber
The Triumphant Turnaround of Tesla Motors
10 Perfect Zero Waste Christmas Gifts To Give This Year
Understanding the Horrifying Hazards of E-Waste 101
The Terrifying Effects of Polyester on the Environment and Our Health
Sustainability is Transforming the Diamond Industry
Massive Technological Advances Create a New Era for Sustainable Farming
4 Sustainable Real Estate Renovations to Complete Before Renting Your Home
Stunning Advances in Battery Storage Technology Drive Future of Sustainability
5 Myths About Lab-Grown Diamonds Debunked
- Editors Choice10 months ago
10 Green Companies With Amazing Environmental Initiatives
- Environment12 months ago
How You Can Celebrate An Environmentally Friendly Christmas Or Holiday
- Features10 months ago
5 Sustainable Home Improvement Ideas To Improve Your Home’s Value
- Energy10 months ago
10 Amazing Energy Saving Hacks for Spring