Wednesday
Sep232009
Notes From The Clinton Global Initiative Discussion On Innovation
Former Vice President Al Gore Wednesday cited the absence of political will as a significant roadblock to fighting climate change, noting that while business leaders and citizens are willing to confront the issue, politicians are not.
“We do not have that much time,” Gore said during a discussion held by the Clinton Global Initiative on innovation. “We have to put a price on carbon directly or indirectly.”
Gore, who has attended thirty summits since penning “An Inconvenient Truth,” explained that Americans are currently releasing ninety million tons of carbon into atmosphere without acknowledging the impact.
The Vice President touched upon the upcoming climate change conference in Copenhagen, stating that it was very important for the U.S. to secure a deal, even if it isn’t initially perfect.
Securing this deal will be the responsibility of President Barack Obama, who Gore contends needs to aggressively urge the Senate to unite behind combatting climate change.
Gore warned that if unchecked, climate change will present a growing threat, claiming that food production can be slashed by half in some African countries coupled with decreased soil fertility.
In closing, Gore called upon the international community to embrace sustainable capitalism.
The Vice President was joined by a number of leading environmental experts.
Muhammad Yunus, Founder of the Grameen Bank, stressed the importance of spreading businesses that work for a concrete social objective. Yunus mentioned that there is already some progress being made by food companies, but suggested that social businesses should tackle medical problems plaguing countries like the People’s Republic of Bangladesh.
Jack Ma of the Alibaba Group discussed innovation in China. According to Ma, the future of Chinese industry lies in privately owned countries, such as the smaller “garage companies” started by his organization.
The Rockefeller Foundation’s Judith Rodin explained how innovation on a global level is becoming easier to track. According to Rodin, innovation has as systematic set of processes. Some of these processes such as user innovation and crowd thinking can be applied to social situations. Rodin also suggested collaborative competitions where competitors post their solution.
Rodin called for a business environment where companies can take risks and even fail. She also noted that the foundation is slated to launch an impact-investing network.
“We do not have that much time,” Gore said during a discussion held by the Clinton Global Initiative on innovation. “We have to put a price on carbon directly or indirectly.”
Gore, who has attended thirty summits since penning “An Inconvenient Truth,” explained that Americans are currently releasing ninety million tons of carbon into atmosphere without acknowledging the impact.
The Vice President touched upon the upcoming climate change conference in Copenhagen, stating that it was very important for the U.S. to secure a deal, even if it isn’t initially perfect.
Securing this deal will be the responsibility of President Barack Obama, who Gore contends needs to aggressively urge the Senate to unite behind combatting climate change.
Gore warned that if unchecked, climate change will present a growing threat, claiming that food production can be slashed by half in some African countries coupled with decreased soil fertility.
In closing, Gore called upon the international community to embrace sustainable capitalism.
The Vice President was joined by a number of leading environmental experts.
Muhammad Yunus, Founder of the Grameen Bank, stressed the importance of spreading businesses that work for a concrete social objective. Yunus mentioned that there is already some progress being made by food companies, but suggested that social businesses should tackle medical problems plaguing countries like the People’s Republic of Bangladesh.
Jack Ma of the Alibaba Group discussed innovation in China. According to Ma, the future of Chinese industry lies in privately owned countries, such as the smaller “garage companies” started by his organization.
The Rockefeller Foundation’s Judith Rodin explained how innovation on a global level is becoming easier to track. According to Rodin, innovation has as systematic set of processes. Some of these processes such as user innovation and crowd thinking can be applied to social situations. Rodin also suggested collaborative competitions where competitors post their solution.
Rodin called for a business environment where companies can take risks and even fail. She also noted that the foundation is slated to launch an impact-investing network.
Sen. Brown: Climate Bill Will Not Pass Without Manufacturers' Approval
Sen. Sherrod Brown (D-Ohio) said the American Clean Air and Security Act will not make it through the Senate if harmful economic consequences facing the manufacturing industry are not addressed.
"I don't think there's any way we get to even 50 votes if we don't deal with manufacturing in the climate change bill," Brown told reporters in a conference call organized by Campaign for America's Future. "I do know for sure that there are a number of us who understand that manufacturing is so important to this country that if we don't do manufacturing right, our standard of living will continue to decline."
The American Clean Air And Security Act passed through the House of Representatives late June under the stewardship of Rep. Edward Markey (D-Mass.) and Rep. Henry Waxman (D-Calif.). The bill seeks to put a cap on greenhouse emissions and levy a tax on carbon.
According to Brown, the concern facing lawmakers is that new climate control legislation would constrict existing environmental regulations, and thus persuade manufacturers to advance overseas production as a means to lower labor and energy costs.
Brown said it is imperative to have at least a temporary "border equalization" step to prevent American manufacturing jobs from relocating to India and China
"We need some sort of border equalization ... temporary not permanent...until the Chinese and others move in the direction they need to on this issue," Brown said.
The Ohio senator said the President needs to take a more aggressive approach to regain trust from the American public during this week's G-20 summit in Pittsburgh.
"The public has already lost confidence in trade agreements and the way we approach globalization," Brown said.