(Roughly) Daily

Posts Tagged ‘Road Runner

“Man is a part of nature, and his war against nature is inevitably a war against himself”*…

A sobering new study finds that the world’s biggest industries burn through $7.3 trillion worth of free natural capital a year. And it’s the only reason they turn a profit…

The notion of “externalities” has become familiar in environmental circles. It refers to costs imposed by businesses that are not paid for by those businesses. For instance, industrial processes can put pollutants in the air that increase public health costs, but the public, not the polluting businesses, picks up the tab. In this way, businesses privatize profits and publicize costs.

While the notion is incredibly useful, especially in folding ecological concerns into economics, I’ve always had my reservations about it. Environmentalists these days love speaking in the language of economics — it makes them sound Serious — but I worry that wrapping this notion in a bloodless technical term tends to have a narcotizing effect. It brings to mind incrementalism: boost a few taxes here, tighten a regulation there, and the industrial juggernaut can keep right on chugging. However, if we take the idea seriously, not just as an accounting phenomenon but as a deep description of current human practices, its implications are positively revolutionary.

To see what I mean, check out a recent report [PDF] done by environmental consultancy Trucost on behalf of The Economics of Ecosystems and Biodiversity (TEEB) program sponsored by United Nations Environmental Program. TEEB [Editor’s note: TEEB is now known as the Natural Capital Coalitionasked Trucost to tally up the total “unpriced natural capital” consumed by the world’s top industrial sectors. (“Natural capital” refers to ecological materials and services like, say, clean water or a stable atmosphere; “unpriced” means that businesses don’t pay to consume them.)…

The majority of unpriced natural capital costs are from greenhouse gas emissions (38%), followed by water use (25%), land use (24%), air pollution (7%), land and water pollution (5%), and waste (1%).

So how much is that costing us?… the total unpriced natural capital consumed by the more than 1,000 “global primary production and primary processing region-sectors” amounts to $7.3 trillion a year — 13 percent of 2009 global GDP… Of the top 20 region-sectors ranked by environmental impacts, none would be profitable if environmental costs were fully integrated. Ponder that for a moment: None of the world’s top industrial sectors would be profitable if they were paying their full freight. Zero…

The distance between today’s industrial systems and truly sustainable industrial systems — systems that do not spend down stored natural capital but instead integrate into current energy and material flows — is not one of degree, but one of kind. What’s needed is not just better accounting but a new global industrial system, a new way of providing for human wellbeing, and fast

None of the world’s top industries would be profitable if they paid for the natural capital they use,” from @grist.

See also: “The Biophilia Paradox,” from Clive Thompson (@pomeranian99).

* Rachel Carson

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As we buy it because we broke it, we might recall that it was on this date in 1980 that Coyote finally caught Road Runner– in Chuck Jones’ “Soup or Sonic,” which aired as part of the television special Bugs Bunny’s Bustin’ Out All Over

“Beep, Beep”*…

 

Here is a parable. For decades, a master artisan crafts works of beauty and genius. His creations are acclaimed by virtually all who behold them. Nearing the end of his life, the artisan, wealthy and revered, his name rightly and indelibly etched into the history of his medium, sets out to describe for posterity how he created such great works, the discipline underlying their brilliance. He writes down the rules he set for himself. And they are wrong…

From Albert Burneko‘s fascinating essay on Chuck Jones [c.f. here and here], his Road Runner cartoons, his “Nine Rules” for creating those masterpieces… and the profound way in which those rules miss the point. Some readers will agree with Burneko; others may disagree. But all will enjoy the journey (and perhaps especially the exquisite cartoons that are liberally used as examples):

How Wile E. Coyote Explains The World.”

* Road Runner

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As we buy Acme, we might recall that it was on this date in 1919 that two men who were to figure prominently in the development of animation were mustered out of the armed services:  A.A. Milne was discharged from the Signal Corps of the British Army, and Roy Disney was released from the U.S. Navy.  Milne went on to write one of the best-love children’s series ever, featuring a character, Winnie the Pooh, that Roy Disney helped his brother and partner Walt turn into an animated staple.

 source

Written by (Roughly) Daily

February 14, 2016 at 1:01 am

Owning a piece of the past: an investment option for our times?…

source: Bonhams

As one passes the first anniversary of the failure of Lehman Brothers, one might be wondering where (beyond one’s mattress) one should be parking what’s left of one’s resources.

As Wired.com reports, the auctioneers Bonhams have an idea:  natural history artifacts.  The 42 items to be gaveled in a sale to held in Las Vegas on October 3 range from a fossilized fish, estimated to go for about $1,000, to a 66 million-year-old T-Rex skeleton (above), one of the best ever found– and estimated to fetch as much as $8 million.  Other highlights include the largest shark jaw ever found, a giant pig skull, and the skeleton of a duck-billed dinosaur.

Collectables, of course, have an uneven history as investments…  but then, how’s that stock portfolio doing this last year or so?

As we rethink our portfolios (and the arrangement of our living rooms), we might recall that it was on this date in 1949 that Warner. Bros. introduced the Road Runner in the cartoon short “Fast and Furry-ous.”  Created by Michael Maltese and the incomparable Chuck Jones, The Road Runner’s “beep, beep” (like the sounds of most other Warner Bros. cartoon characters) was voiced by Mel Blanc.

The Road Runner and Wile E. Coyote make their debut

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