Presentation at SCMHRD, Pune; and CXO Learning Series, Confederation of Indian Industry (CII), Northern Region Headquarters, Chandigarh, India.

1. What Businesses Need to Know to be
Successful in a Global Economy
Professor Jeremy B. Williams
Chief Academic Officer
Knowledge Universe
CXO Learning Series
CII Northern Region Headquarters, Chandigarh, India
21 June 2012

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www.facebook.com/profjere
mybwilliams

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Overview
1) Why some believe there is no need to worry
about climate change
2) Why we should worry about climate change
3) What needs to be done
4) Reasons for optimism?

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1) WHY SOME BELIEVE THERE IS NO NEED
TO WORRY ABOUT CLIMATE CHANGE

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Source: nationaljournal.tumblr.com

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1.Doubts about
the science

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Source: krugman.blogs.nytimes.com

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2.We will invent
our way out
of trouble

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3.Think about
today not the
future

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1.Doubts about Bordering on
the science the absurd
2.We will invent Ignores
our way out precautionary
of trouble
principle
3.Think about
today not the Unethical
future

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2) WHY WE SHOULD WORRY
ABOUT CLIMATE CHANGE

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The Stern Review, October 2006
On climate
change:
“The greatest
market failure the
world has ever
seen”
Sir Nicholas Stern

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IPCC Fourth Assessment Report
February, 2007:
Evidence of Human-
caused Global Warming
is ... “Unequivocal”

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2005: CO2 = 379ppm

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350.org

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Source: http://www.21school.ox.ac.uk/news/archive/200702_inaugural_lecture.cfm

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Source: http://www.21school.ox.ac.uk/news/archive/200702_inaugural_lecture.cfm

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1928
2004
Upsala Glacier, Argentina

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Blomstrandbreen Glacier, Norway
1922

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Blomstrandbreen Glacier, Norway
2002

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The Imja Glacier, Himalayas

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The Imja Glacier, Himalayas

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Southeastern China, February 2011
Anhui Province, China, August 2006

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Floods in Southern China, June 2011,
550,000 left homeless

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Forced migrations
UN study estimates that there were
50 million environmental
refugees around the world in 2010
Same study estimates that as many as
100 million people live in areas that
are below sea level or liable to storm
surge

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1 metre sea
level rise will
inundate
more than 15
percent of
Bangladesh,
displacing
more than 13
million people

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Annual carbon dioxide emissions
Bangladesh: 172kg per capita
United States: 21 tonnes per capita

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The ecological footprint concept
How many planets would
we need if everyone lived
like you?
http://www.myfootprint.org

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Calculating the ecological footprint
 Official statistics on
consumption are used to
calculate the amount of
biologically productive land
and water area required to
produce the resources
consumed and to absorb
the wastes generated using
prevailing technology
Image source: http://www.ew.govt.nz

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Worldwide, there
exists about 1.9
biologically
productive global
hectares per person
Image source: www.adbusters.org

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At what stage do you think humankind will outstrip
its supply of biologically productive hectares?
A. 2010
B. 2020
C. 2050
D. 2100
E. No answer

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Image source: http://www.footprintnetwork.org/

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Image source: http://www.footprintnetwork.org/

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Image source: http://www.footprintnetwork.org/

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China
Image source: http://www.footprintnetwork.org/

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3) WHAT NEEDS TO BE DONE

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Cap and trade

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A tax on pollution

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“The Virgin Earth Challenge”
… USD25 million prize if you can develop “a commercially viable design which
results in the removal of anthropogenic, atmospheric greenhouse gases so as to
contribute materially to the stability of Earth’s climate”.

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Marine cloud whitening?

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This design does not qualify apparently …

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Going about our business naturally
 Radical resource
productivity
 Biomimicry
 Service and flow economy
 Investing in natural capital
www.naturalcapitalism.org

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Radical resource productivity
 Using resources more efficiently in ways that can already be
achieved; e.g. process redesign (disembodied technical
change) or energy efficient buildings, passive solar heating.

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Research biomimicry
Spider silk Abalone shell
Stenocara beetle

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Reorient to a service
and flow economy
Focuses more on
selling and purchasing
services rather than
products
Makes manufacturers
more ecologically
responsible

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Invest in natural capital

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4) REASONS FOR OPTIMISM?

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Questions and
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