MDIA p3-03-SUN-150420

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The SUN is the ultimate source of energy for planet earth. All the fossil fuel on earth has its origin in energy from the sun. A huge amount of energy hits the earth every day and nature has evolved to use this energy in a way so that life is sustained. In recent times man built processes are putting the natural equilibrium at risk, and the balance that took millions of years to establish may now be tipping in a way that could mean the end of life as we know it ... a big issue and maybe impossible to address.

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MDIA p3-03-SUN-150420

  1. 1. MULTI DIMENSION IMPACT ACCOUNTING File: MDIA-p3-02-The-SUN-150420.odp Peter Burgess (c) All rights reserved MDIA The SUN Source of all Physical Energy
  2. 2. EXPLANATION This slideset is A WORK-IN-PROGRESS. It will be upgraded periodically. It is part of a series of more than 50 slidesets. Navigation to all of these is available here: FEEDBACK is welcome. Please email to Peter Burgess … peterbnyc@gmail.com … with a catchy phrase in the subject line so that it gets attention, and please identify the specific slideset(s) involved. This explanation is version v150801. The most current text is available at: MULTI DIMENSION IMPACT ACCOUNTING http://www.truevaluemetrics.org/DBadmin/DBtxt001.php?vv1=txt00010199 http://www.truevaluemetrics.org/DBadmin/DBtxt001.php?vv1=N1-Slidesets-p3
  3. 3. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP EOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun SUN … the source of all our energy
  4. 4. The PURPOSE of all economic activity is to enable an improved Quality of Life and Standard of Living for PEOPLE. ➔ More MONEY and more STUFF has been the proxy for a better quality of life and standard of living. ➔ This has been one of the drivers of the Western style consumer economy. MULTI DIMENSION IMPACT ACCOUNTING File: MDIA-Framework-002-150406.odp Peter Burgess (c) All rights reserved
  5. 5. Where does WEALTH come from? All wealth has its origin with NATURAL CAPITAL … and specifically the energy of the SUN. Over time people have converted various forms of NATURAL CAPITAL to what may be referred to as MAN BUILT CAPITAL and in turn this has become owned by PEOPLE. MULTI DIMENSION IMPACT ACCOUNTING
  6. 6. What is origin of Fossil Fuel? Fossil fuel has its origin with plant growth millions of years ago made possible by the workings of NATURAL CAPITAL together with the energy of the SUN. Fossil fuel energy has been one of the key drivers of economic progress over the past 200 years … but its negative impacts are now starting to take a toll. MULTI DIMENSION IMPACT ACCOUNTING
  7. 7. What is the future of SUN energy? A massive amount of solar energy reaches planet earth every day. Plants need some of this energy for photo-synthesis. Some solar energy drives the climate system. Most does not get used in a productive way. This is a huge opportunity! MULTI DIMENSION IMPACT ACCOUNTING
  8. 8. MULTI DIMENSION IMPACT ACCOUNTING IMPACT OF THE ACTIVITIES OF AN INDIVIDUAL Input Time Effort Ability Improves Society Pro Good Activities Buy and Use PRODUCTS Pro Money Activities Non-Impact Recreation Financial Capital Human Capital Man Built Structures & Systems Natural Capital Sun File: MDIA-Framework-004-150411-WIP.odp Peter Burgess (c) All rights reserved Financial Capital Human Capital Man Built Structures & Systems Natural Capital Sun Improves Wellness Improves QoL WASTE Liquid Gases Solids Natural Capital Depleted Maybe improves FC in HC Financial Capital Human Capital Man Built Structures & Systems Natural Capital Sun INPUTS ACTIVITIES BAD Impact State-EOPState-BOP GOOD Impact
  9. 9. MULTI DIMENSION IMPACT ACCOUNTING Sun Small decisions by people make all the differenceBOP EOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun Product Place Supply Chain Process Organization Enabling environment Society
  10. 10. REMINDER This slideset is A WORK-IN-PROGRESS. It will be upgraded periodically. It is part of a series of more than 50 slidesets. Navigation to all of these is available here: FEEDBACK is welcome. Please email to Peter Burgess … peterbnyc@gmail.com … with a catchy phrase in the subject line so that it gets attention, and please identify the specific slideset(s) involved. This explanation is version v150801. The most current text is available at: MULTI DIMENSION IMPACT ACCOUNTING http://www.truevaluemetrics.org/DBadmin/DBtxt001.php?vv1=txt00010199 http://www.truevaluemetrics.org/DBadmin/DBtxt001.php?vv1=N1-Slidesets-p3
  11. 11. THANK YOU Some links and contact information: Peter Burgess … peterbnyc@gmail.com Peter Burgess LinkedIn profile https://www.linkedin.com/in/peterburgess1 Link to TrueValueMetrics.org website http://www.truevaluemetrics.org/ Link to navigation to other slides in this series: MULTI DIMENSION IMPACT ACCOUNTING http://www.truevaluemetrics.org/DBadmin/DBtxt001.php?vv1=N1-Slidesets-p3

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