Reduction in emissions as mandated and allocated as per the Kyoto Protocol has a cost and it depends on:
In such cases, efficiency is incentivized through carbon trade — buying and selling the rights to emit GHGs in the atmosphere or emission allowances and reduction credits in order for companies to meet their GHG emissions targets.
In order for the Carbon Markets to work, some groundwork was done:
Market is a social arrangement that enables buyers and sellers to discover information and prices, and in turn carry out a voluntary exchange of goods and services. Property rights are the basis for the ability to sell of good and services in a market freely.
An efficient market assumes that:
Before we understand how market failures can occur, let us define property rights-
All economic activities including trade…
As a child, I always thought it is a wonder that the birds while returning to their nests, formed a V shape and flew together..
In my sustainability class, I learnt that it is actually for a reason and governed by a rule that nature operates by: Thou shall not be useless or in other words, everything has a purpose, be in a gecko’s tail or the birds’ specific formation in the sky!
The V formation actually allows the birds to be fuel efficient. And this is a principle that military aircraft use in their formation as well —
Communicating with data is at times limited to just data visualization, meaning summarizing the data in aesthetic graphs, charts and dashboards. However, data storytelling goes beyond. Hard facts and logic is not enough to build a compelling reason. The narrative should also inspire emotions. A good story that is backed with data helps to remember the takeaway, persuades the audience more, because we tend to want to know where the story narrative would lead us to, thereby opening our minds a bit more to the messaging and consequently data storytelling invites more engagement.
Mathematician John Allen Paulos says, “In listening…
Objects, shapes, sizes communicate subconsciously and build a narrative in our minds.
Here are some of the ways films have used the power of visuals to communicate.
It states that the size of any object in your frame should be proportional to its importance to the story at that moment.
Example: Look at the size of Kingpin as he enters the frame — its figure covers almost 95% of the screen. It shows the importance and in this case, fear inspiring characteristic of Kingpin.
Consider Disney’s Up summarized in this short, 4 minute clip:
The recurring images that…
Music moves us emotionally. Listening to it, we develop our own frames of reference and associate meaning to music. Music is about perspective.
One of the most influential philosophers in the aesthetics of music is Stephen Davies who considers music’s property of communicating feelings — “appearance emotionalism”, meaning that music expresses emotion without feeling it.
What are emotions?
Emotions can not be simply identified with judgements or feelings.
Therefore, Jenerfer Robinson, in her book Deeper than Reason, gives another theory. Process Theory that states that the process of emotional elicitation begins with a rather non-cognitive appraisal process that initiates psychological…
The vision statement of Herman and Miller states:
At Herman Miller we believe the future quality of human life is dependent on both economic vitality and a healthy, sustainable natural environment. We do not see these goals as mutually exclusive, but inextricably linked. Mankind’s future depends on meeting the needs and aspirations of a growing global population, while enhancing and protecting the ecosystem on which all life depends.
In actualizing its mission to develop ecologically responsible products Herman and Miller adopted the Cradle to Cradle model which prescribes an Eco-effective approach of developing products as opposed to Eco-efficient ways, the…
Yuval Noah Harari says in his book Sapiens, that the ability of our species to collectively imagine something that otherwise doesn’t exist — religion, countries, legal system, corporations, has led the homo sapiens to dominate the world. Good storytellers bind people together and gain power.
IKEA’s vision is to “To create a better everyday life for the many people”. It does that by making its operations cost effective and making frugality a major value at workplace. It enables its values by building long term supplier relationships and promotes their learning in operations.
Let’s look at the child labour controversy at IKEA:
In 1994–95 the news of Ikea’s rugs business’ suppliers in India, Pakistan, Nepal employing child labour surfaced via a Swedish documentary. IKEA’s stance went all against child labour and it fixed the problem by enforcing the “black and white” clause wherein, if the supplier…
The Oscar winning South Korean movie ‘Parasite’ shows how Ki-Woo’s fantasy for high economic class leads her family to leach off the host family and also commit heinous crimes.
Arvind Adiga’s White Tiger shows a similar theme of a boy, born in perpetual poverty, who dreams of prosperity. After getting a big-break as a driver for a wealthy man, his life turns around. He observes the many ills of the ‘rich’ life. He also notices the meager pay he receives in comparison to the vastness of his master’s wealth. …