中国与世界,环境危机大家谈

china and the world discuss the environment

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China and the US must find common cause in sustainability

Tony Manwaring

Readinch

Is there a way out of the financial crisis: a renewal of value creation, security and sustainability? A solution needs to involve both China and the United States – and a new model of business success, writes Tony Manwaring.

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If I had a dime for every time some one has told me in recent weeks that the Chinese characters for crisis mean both danger and opportunity, I could probably bail out Wall Street myself.   

Weiji is the word in question, and while wei does mean danger, ji means “crucial point”. Such are the times we live in, a crucial and potentially dangerous point for the future of people and planet.  

The question that faces us is whether the aim of achieving a sustainable future is about to be swept aside by the toxic combination of Wall Street greed, hubris and avarice, played out at a time of hardball calculation during a US presidential election campaign. Years of cheap credit, combined with a lack not only of regulation but also of any real interest in the instruments and institutions of wealth creation, which have come together in an uncontainable conflagration of loans disguised as derivatives, built on trailer parks confused with mansions. The global house of cards now risks falling apart.  

In these circumstances, it is not so much truth that is the first casualty of war, but trust. “Trust no-one” is the credo of today, and in our 2.0, interconnected global village, a financial butterfly that flaps it wings over the Comoros Islands in the Indian Ocean can cause a credit whirlwind in Somalia and Burundi. (I mention these as the three countries most vulnerable to climate change in a recent study).    

I believe the way ahead is going to hinge on the clash of two forces: in one corner, two unlikely allies, the realpolitik of American power and economic might, shadow-boxing with a rising China; in the other, the opportunity and imperative of creating a secure, commercially successful and sustainable world, in which 9 billion people can live on some basis of shared equity. 

What matters is not so much money as value: how we monetise the things we produce, consume and trade, across time and space. We talk a lot about non-financial indicators in the sustainability space, but we live in a material world, and if you cannot touch the cash and trust in the promise to pay, then the foundations of economic life crumble. 

So where is the money now? According to a recent IMF analysis of the current crisis, the answer to this complex question is disarmingly simple: it is in the sovereign wealth funds and other financial institutions that through oil, trade and savings have been accumulating cash in such countries as China and the United Arab Emirates. But it is frozen, beyond the reach of the ordinary mortals of the world. We are living in a new global financial ice age, and we need a big thaw, so that wealth can be released to create sustainable value.  

What is the new deal going to look like, which might thaw this frozen wealth? 

Wealth comes with, and is vested in, power. And people, institutions and countries are of course going to want something back, financially and politically, for sharing it. While they will not act out of spontaneous generosity, there are grounds for hoping that the result will be for the good of the planet: those with money can profit, reliably and for the long-term, and – like some thawing body of water – money will flow where it needs to go, to secure the highest return and find its own level. 

What is the magic point of convergence: of value creation, long-term commercial return, security and sustainability? Our argument is that to achieve business success you increasingly need to contribute to sustainability outcomes. To achieve sustainability requires, in turn, a new model of business success.

Business success and sustainability must go hand in hand, because issues such as climate change, access to water, food and other basic resources, human rights, community cohesion, security and the environment; issues that once we would have written off as “externalities”, which we could leave to others to pay for, are now central to global businesses of the future. 

First, proactively managing these issues is critical to even being able to do business at all. Second, they increasingly impact on the nature of the products and services and the ability to manage and motivate people, which will shape what business does and how it does it. Third, they represent huge and compelling opportunities in terms of how we eat, live, travel, enjoy leisure and meet energy needs. Fourth, they can only be tackled if we harness the distinctive and dynamic capacity of business to bring together people and finance in a way that fully harnesses our skills and the potential for innovation.

It is the combinationof all these factors that means this agenda will become even more important in the face of any economic downturn, which means that business-as-usual will be a recipe for decline, that cost-cutting will only stave off the inevitable, that the basis for what we call corporate social responsibility is being fundamentally recast. 

China could be in the forefront of sustainable business. Take renewable energy, for example. The renewable energy sector is set to expand to US$450 billion by 2012, and $600 billion by 2020. Global investment in renewable energy surged 60% to $148 billion last year and is still accelerating despite the slowdown in the wider economy, according to a recent UNEP report. (Wind energy attracted the biggest amount, at around $50.2 billion and solar, the fastest growing area, attracted investment of $28.6 billion. Since 2004, the global market for solar energy has grown by annual rate of 254%).  

China's renewable energy use is number one in the world. China's reliance on hydroelectric power and wind power rank first and fifth in the world, respectively. China is likely to increase the proportion of electricity generated from renewable resources to 23% by 2020. (Only 1.3% of UK energy needs are currently met by renewable energy currently, compared to 16% in China and 39% in Sweden).

China is not only demonstrating an acute awareness of the potential of renewables, but also an impressive capacity to make it happen. According to Sweden’s Industry Daily, “China has made a smooth transition to low-carbon economy, thanks to the government's strong policy enforcement that stimulated innovative low-carbon technologies and attracted dozens of hundred-million-dollar investments in the field …the Chinese government started "the Low-carbon Big Dragon" initiative, which tackles issues like future economic growth, development, and energy security”.

The Democratic presidential candidate Barack Obama’s recent remarks may perhaps speak to a future agenda for people and planet: 

“We live in a time when our destinies are shared. The world is more intertwined than at any time in human history. Walls that divided old enemies have come down.

Markets have opened. The spread of information and technology has reduced barriers to opportunity and prosperity, and opened doors to new competition and risk.

Climate change. Poverty. Extremism. Disease. These problems offend our common humanity. They also threaten our common security. You know this. The question is what we do about it. We’re not going to face these threats of the future by grasping at the ideas of the past.”  

Fast forward to April 12, 2009: 50 years to the day when President John F Kennedy speaking in Indianapolis remarked, but did not quite get right, that “When written in Chinese the word crisis is composed of two characters. One represents danger, and the other represents opportunity.” 

Will we see a new American president, perhaps speaking in China, recognising with respect the true meaning of weiji and forging a deal that secures the funds and reaches ground-breaking new agreements on who owns and controls what in the US and beyond? This deal will set the framework to create value through sustainability, to unleash the next great wave of value generation: a partnership between China and the US that ushers in the age of sustainability.    

Tony Manwaring is the chief executive of Tomorrow’s Company

Homepage photo by Petrick2008

 

 

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有意思

我相信,就绿色环保技术而言,中国在某些方面跑在了美国前面,两国政府对这些技术的支持则更是如此了。有意思的是,范琼斯的新书《绿领经济》所提出的“绿色就业”观早就以多种方式在中国付诸实践了。我认为奥巴马在辩论中所提到的,开发新的绿色技术并授权在中国启用以促进‘除碳’的期望值得注意。 我以为他的这一动议非常大胆、实在不错,如果双方都能从中受益的话。

本评论由Ming Li翻译

Interesting points

I think in certain resepects China is pulling ahead of the US in terms of green technologies, and certainly in governmental support for them. It is interesting that the 'green jobs' philosophy found in Van Jones' new book 'The Green Collar Economy' is already being put into practice in China in many ways.

I think it is also important to note that Obama has mentioned in the debates a desire to develop new green technology and license it for use in China to enable decarbonized development. i think this is a very bold move and a really excellent one, as long as it works both ways.

Erin C-B


政府的支持

致Erin
“我相信,就绿色环保技术而言,中国在某些方面跑在了美国前面,两国政府对这些技术的支持则更是如此了。”
中国是有一两个不错的太阳能公司,但除了这你还能拿出什么例子?美国从来就不是个中央集权的国家,这个概念对大多数非美国人而言不好把握。美国政府确实有支持学者的研究项目,而这些项目后来演变成了众多的公司与专利,比如美国环保署的P3竞赛。美国联邦与州政府也以颁布及实际强制执行同环境有关的法律,拒掉了大量的“绿色”研发项目。
www.liquidassetdevelopment.com

本评论由Ming Li翻译

Government support

@ Erin

"I think in certain resepects China is pulling ahead of the US in terms of green technologies, and certainly in governmental support for them."

There are 1-2 good Chinese solar companies, but other than that what examples do you have? The US has never been a strong central government country, that is a concept that is tough for most non-Americans to grasp.
And the US government does support student research projects that have lead to numerous companies and patents, like the EPA P3 competition.

The US and state governments have also spurned plenty of "green" R&D by enacting and actually enforcing environment related laws.

www.liquidassetdevelopment.com


中国是一个低碳排放量的国家吗?

当然关于政府采取措施之后潜在的排放比以前多一倍的可吸入污染物这一点有很多最新的文章。这些都是荒谬的。文章由秦翔翻译。

China a low carbon industrial nation?

Yet this site has more recent articles about China potentially doubling its GHG emissions even when new government actions taken. This article is null and void.
It is edited by Qin Xiang


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