Gund Institute for Ecological Economics

We can't embed these longer videos from Vimeo. Please follow the link given. I'll make notes about the content of each video available when I can.

The Benefits and Costs of Climate Stabilization
Dr. Kristen Sheeran is the executive director of Economics for Equity and the Environment Network (E3). E3 is a national network of economists developing new arguments for environmental protection based on a commitment to social justice.

Dr Sheeran talks about the objectives of climate policy and the fact that climate science is changing faster than economists or policy makers are. Most current polcy is about limiting CO² emissions to 450ppm, while scientists are now saying 350ppm is essential.
Most economist think such a big change is not possible.
Howere with quite different assumptions ecomonic models show that the target of 350ppm could be achieved for a cost of about 2% or 3% of global output.
The question is therefore is 3% of global output a big cost or a small one? We have to decide.
It seems that the cost of doing nothing will create a very big cost. Game over.
The bad news is that we are doing nothing. The good news is that doing something remarkable is possible.

More Than Money - The Good Life
Watch New York Times bestselling author Mark Albion's 3-minute animated movie Based on Mark's book, More Than Money.

"The Good Life" takes you to a chance meeting between an MBA and a fisherman on a small island. As the MBA tries to teach the fisherman about business, the fisherman teaches him about life.

Difference Between Economic Health and Size
GDP is a good measure if the size of the economy. But GD is a very poor measure of economic welfare.

Take the bathroom scale. It's a good instrument to measure your size, to measure your weight. The bathroom scale does not tell you how fit you are. For that you need other measurements.

Gund Institute for Ecological Economics