The CSR Newsletters are a freely-available resource generated as a dynamic complement to the textbook, Strategic Corporate Social Responsibility: Sustainable Value Creation.

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Showing posts with label alternative energy. Show all posts
Showing posts with label alternative energy. Show all posts

Thursday, April 2, 2026

Strategic CSR - Wind turbines

The article in the url below sheds some light on the environmental impact of the wind turbines that have grown in line with the accessibility of wind energy. In one small town in Texas, for example, where a lot of used blades have been discarded, the problem is more than a local nuisance:


"For nearly a decade, residents of Sweetwater have been confronted by a jarring sight as they leave and enter this small West Texas town: thousands of used wind-turbine blades. The blades take up nearly 1 million square feet in a field off Interstate 20. Hundreds more occupy a second site nearby. Originally up to 200 feet long — nearly the wingspan of a Boeing 747 — the blades have been cut into thirds, exposing gaping openings. Locals complain they're a haven for rattlesnakes, collect water that attracts mosquitoes and pose a threat to children living nearby."


To be sure, no-one is suggesting wind turbines approach the environmental impact of fossil fuels. But, this particular problem will only get worse as the value of wind energy continues to increase:


"[This situation] offers a window into the larger challenge of disposing of turbine blades, and other complex plastic-infused materials, after their useful life. Blade waste has been increasing as older turbines are replaced or refurbished, and the world could see some 43 million tons of it by 2050, according to one estimate."


In particular, it is the blades of the wind turbine that are so challenging:


"Up to 90% of a wind turbine's mass can be easily recycled, but not the blades. They contain layers of fiberglass or carbon fiber wrapped around a core of balsa wood or plastic foam. Liquid resin is drawn through the fibers and cured, hardening the structure. Separating these materials for recycling is complex and costly. Transportation adds to the expense, since moving the blades often requires specialist trucks and permits."


Take care

David


David Chandler

Strategic Corporate Social Responsibility: Sustainable Value Creation (6e)

© Sage Publications, 2023


Instructor Teaching and Student Study Site: https://study.sagepub.com/chandler6e  

Strategic CSR Simulation: http://www.strategiccsrsim.com/

The library of CSR Newsletters is archived at: https://strategiccsr-sage.blogspot.com/



Blown opportunity

By Saabira Chaudhuri

March 31, 2026

Bloomberg Green Daily

https://www.bloomberg.com/news/newsletters/2026-03-31/texas-wind-turbine-recycling-operation-faces-ken-paxton-lawsuit


Thursday, February 19, 2026

Strategic CSR - Coal

The article in the url below contains a statistic that suggests society can move quickly on seemingly intractable issues, when there is sufficient political willpower in place:

"16%: [the amount of] U.S. power generation coming from coal in 2024, [down] from 40% in 2014."

Take care
David

David Chandler
© Sage Publications, 2023

Instructor Teaching and Student Study Site: https://study.sagepub.com/chandler6e  
Strategic CSR Simulation: http://www.strategiccsrsim.com/
The library of CSR Newsletters is archived at: https://strategiccsr-sage.blogspot.com/


The cost of bringing back coal
By Leslie Kaufman, Eric Roston, and Jeff Green
February 14, 2026
Bloomberg

Tuesday, September 30, 2025

Strategic CSR - COP 21

In the midst of the largely pessimistic review of progress on climate change since COP 21 in Paris in 2015, the article in the url below contains a ray of sunshine:

"It took almost 70 years from the invention of the solar cell, in 1954, for the world to install its first terawatt of solar power, in 2022. The second one came two years later. The third? Perhaps later this year. In 2024, renewables provided more than 40 percent of the world's electricity, and twice as much money was invested in them than in fossil fuels — even though renewables offer, generally speaking, less return on investment. Ninety-three percent of new power worldwide came from clean sources, meaning that for every new unit of dirty capacity brought online in 2024, there were 24 units of the good, clean stuff. This is not yet enough to push global emissions downward. But in a battle between old energy and new, it represents an obliterating margin. As soon as next year, it is estimated, renewables will be the world's largest source of electricity."

The article suggests that, in spite of the current political climate that discourages some of the scientific rhetoric around the threats posed by climate change, progress on the transition to carbon free energy sources continues:

"… global leaders may be talking less about the risks of warming and the necessity of limiting it, these days, but on the ground, decarbonization is nevertheless racing ahead."

Nevertheless, the article also concludes something that seemed obvious even a decade ago:

"In certain ways, the story is one that moderates and skeptics long predicted: that decarbonization could not be reliably imposed from above on moralistic terms and would have to be powered instead by market forces, private investment and the informed consensus of a price-conscious public."

Or, in other words:

"Polls show that voters don't actually prioritize decarbonization and, crucially, aren't willing to pay much to bring it about."

Take care
David

David Chandler
© Sage Publications, 2023

Instructor Teaching and Student Study Site: https://study.sagepub.com/chandler6e  
Strategic CSR Simulation: http://www.strategiccsrsim.com/
The library of CSR Newsletters are archived at: https://strategiccsr-sage.blogspot.com/


It Isn't Just the U.S. The Whole World Has Soured on Climate Politics
By David Wallace-Wells
September 16, 2025
The New York Times
 

Monday, May 5, 2025

Strategic CSR - ICEs

Here is an interesting quote from the article in the url below about internal combustion engines (ICEs):

"About three-quarters of the energy produced by a typical combustion engine is lost through heat and released through a car's exhaust system. But what if some of that heat could be captured and turned into electricity?"

I had no idea ICEs were so inefficient, which must mean three-quarters of the fuel that we put into our cars is essentially wasted. Capturing some of that excess, and reducing the waste, seems like a worthwhile project. Specifically:

"Converting even a fraction of the waste heat produced by such vehicles into electricity could reduce fuel consumption and battery usage … leading to lower carbon-dioxide emissions."

Fortunately, some smart people are looking into that possibility:

"In a recent study, researchers created a prototype of a device, called a thermoelectric generator. … When inserted into an exhaust pipe, the device can turn waste heat into a continuous source of electricity for vehicles such as cars, helicopters and unmanned aerial vehicles, making them more efficient, the researchers say. … The study was partly funded by the U.S. Army with unmanned aerial vehicles in mind, but the researchers believe the device has the potential to be used much more broadly. That's because the thermoelectric generator can be installed into tailpipes of different vehicles without changing how they operate."

Take care
David

David Chandler
© Sage Publications, 2023

Instructor Teaching and Student Study Site: https://study.sagepub.com/chandler6e  
Strategic CSR Simulation: http://www.strategiccsrsim.com/
The library of CSR Newsletters are archived at: https://strategiccsr-sage.blogspot.com/


The Heat Coming Out of Your Car's Tailpipe? Some Can Be Turned Into Electricity
By Lisa Ward
April 21, 2025
The Wall Street Journal, Journal Report: Alternative Energy
Late Edition – Final
R2
 

Tuesday, April 8, 2025

Strategic CSR - Energy

As the article in the url below starts off by saying, "Something strange is happening with utilities." Specifically:

"For decades, electricity usage in the US has been mostly flat. Even with more people starting to use more power for more things, much of that has been offset as buildings, factories and appliances become more efficient."

But suddenly that is no longer the case and, apparently, the utilities have been caught off-guard:

"Big tech companies need lots of electricity, for data centers and especially for artificial intelligence. Homes are using more electricity for heating and cooling. Factories need more electricity to shift away from fossil fuels."

As a result, ironically:

"… when faced with this sudden increase of load on the power grid, utilities are going to rely heavily on natural gas, and even coal."

This is not a minor or temporary shift, but something more fundamental:

"[Research predicts] demand to for electricity to climb almost 16% over the next five years, more than triple his estimate from a year ago. Utilities are expecting customers to need as much as 128 gigawatts of new capacity in 2029."

And, as is often the case when societies are asked to choose between economic growth and sustainability, it is the switch away from fossil fuels that is the primary casualty:

"That's really going to disrupt the green transition. Power providers that have made pledges to cut back or eliminate carbon emissions are now starting to reverse course. Duke Energy Corp. is extending the life of its largest coal-fired power plant, abandoning its plan to exit coal by 2035. FirstEnergy also will operate a pair of coal plants, stepping back from an earlier pledge to stop using the fuel by 2030. And energy companies in the US are planning new gas plants at the fastest pace in years."

Take care
David

David Chandler
© Sage Publications, 2023

Instructor Teaching and Student Study Site: https://study.sagepub.com/chandler6e  
Strategic CSR Simulation: http://www.strategiccsrsim.com/
The library of CSR Newsletters are archived at: https://strategiccsr-sage.blogspot.com/


Coal-Black Swans Threaten the Green Transition
By Will Wade
December 17, 2024
Bloomberg

Thursday, January 30, 2025

Strategic CSR - Oil vs. plastic

The article in the url below is one of the best arguments I have heard as to how we will, realistically, transition away from fossil fuels. Since no one appears willing to impose a meaningful carbon tax that would encourage such a move, we will need to rely on market-based arguments to understand whether and how quickly such a shift will take place. The article in the url below hints at what that argument might look like.

First, it makes the case as to why demand for oil will inevitably drop:

"As people switch to electric cars, or at least buy more fuel-efficient versions of traditional vehicles, energy companies will have too much oil on their hands. Transport currently accounts for over half of global oil demand. CiarĂ¡n Healy, an oil market analyst at the International Energy Agency, points out that even without a further uptick in EV sales, efficiency improvements in internal combustion engine cars mean the same amount of driving will be done with less gas in the future. The IEA thinks the world is on track to have eight million barrels a day of excess oil capacity by 2030."

Second, it outlines the oil industry's best response to prop-up oil consumption – and it centers on plastics:

"London-listed BP thinks growth in petrochemicals will offset fuel declines for another decade. Crude oil and natural gas are turned into petrochemical feedstocks such as naphtha or natural gas liquids in a gas-processing plant or at an oil refinery. They are then 'cracked' into the building blocks of common plastics. … Today, 15.4% of global oil demand is driven by petrochemicals, according to data from Wood Mackenzie. The share is expected to rise to 19.1% by 2035 as emerging markets become wealthier and swelling middle classes spend more on synthetic clothing and do their grocery shopping at big supermarket chains, where food is more likely to be wrapped in plastic to prolong its shelf life. Advanced economies like the U.S. use up to 20 times more plastic than developing nations on a per capita basis, according to the IEA. Big Oil's bet is that shoppers in emerging markets will close at least part of that gap."

Third, it questions whether this will be the solution the oil companies are hoping for:

"Energy companies are pouring billions of dollars into petrochemical facilities, notably in China where ethylene capacity has almost doubled since 2019. Capacity is also rising in the U.S. and Middle East. Saudi Arabia wants to invest $600 billion into petrochemicals by the end of the decade to secure nonfuel uses of its crude oil. But the global petrochemical industry is already saturated and capacity is expected to outstrip demand until at least 2030. This points to weak profit margins and less-than-ideal utilization rates at petrochemical facilities."

Equally, it suggests why it is not a good response, strategically (from the oil companies' perspective):

"Pumping money into petrochemicals as governments are trying to solve the problem of plastic waste feels risky. [In December], countries that rely on oil exports for a large share of government revenue, including Saudi Arabia and Russia, torpedoed a global treaty that proposed curbs on plastic production. But tighter regulations are in the works anyway. More than 100 countries have introduced restrictions on plastic, including a ban on single-use plastic in the European Union."

The conclusion:

"The oil industry is resigned to slowly losing its grip on road transport. Turning to an oversupplied and wasteful petrochemicals sector for shelter is a risky strategy."

Take care
David

David Chandler
© Sage Publications, 2023

Instructor Teaching and Student Study Site: https://study.sagepub.com/chandler6e  
Strategic CSR Simulation: http://www.strategiccsrsim.com/
The library of CSR Newsletters are archived at: https://strategiccsr-sage.blogspot.com/


Big Oil Frets Over Demand for Plastics
By Carol Ryan
December 26, 2024
The Wall Street Journal
Late Edition – Final
B12
 

Tuesday, October 8, 2024

Strategic CSR - Three Mile Island

The article in the url below, covering the revival of Three Mile Island (the site of the worst nuclear accident in the U.S.), is interesting for a few reasons. First is that it can be revived at all – I had no idea it was only one reactor that failed – a second one is perfectly usable and had been operating up until a few years ago:

"Three Mile Island's undamaged Unit 1 reactor sits next to Unit 2, which was shut down after a partial core meltdown in 1979 led to five days of panic. The incident heightened awareness of nuclear plants' potential safety problems and contributed to a loss of enthusiasm for the industry that lasted decades. But the 835-megawatt Unit 1 continued operating and closed only under economic pressure five years ago."

 

The issue appears to have been the growing competitive pricing of renewable energy sources:

 

"Years of flat U.S. power demand had created a bruising battle for market share. Nuclear plants had a tough time competing against renewable energy and natural-gas-fired plants that tapped into a cheap source of fuel from the U.S. shale boom."


The second reason is Microsoft's creative decision to fund this revival in the form of an exclusive energy supply:


"Constellation expects to spend around $1.6 billion to restart the reactor by early 2028. Microsoft has signed a 20-year power-purchase agreement with Constellation, the companies said Friday. The deal would help Microsoft pair its 24-7 electricity use with a matching source of nearby clean power generation."


As a related story in Bloomberg noted:


"Microsoft has agreed to purchase the energy for two decades and declined to disclose financial terms. This is the first time Microsoft has secured a dedicated, 100% nuclear facility for its use."


And the third reason is what is driving the demand from Microsoft:


"A deal between Constellation Energy and Microsoft will restart Pennsylvania's Three Mile Island, the site of the country's worst nuclear power accident, to help power the tech giant's growing artificial intelligence ambitions. Under the agreement, Constellation would revive the plant's undamaged reactor, which was too costly to run and closed in 2019, and sell the power to Microsoft. The plan signals the gargantuan amount of power needed for data centers for AI, along with the tech industry's thirst for a carbon-free, round-the-clock electricity source needed to meet climate goals."


Take care

David


David Chandler

Strategic Corporate Social Responsibility: Sustainable Value Creation (6e)

© Sage Publications, 2023


Instructor Teaching and Student Study Site: https://study.sagepub.com/chandler6e  

Strategic CSR Simulation: http://www.strategiccsrsim.com/

The library of CSR Newsletters are archived at: https://strategiccsr-sage.blogspot.com/



Three Mile Island's Rebirth: Microsoft AI power Source

By Jennifer Hiller

September 21-22, 2024

The Wall Street Journal

Late Edition – Final

A1, A9

https://www.wsj.com/business/energy-oil/three-mile-islands-nuclear-plant-to-reopen-help-power-microsofts-ai-centers-aebfb3c8

 

Tuesday, April 16, 2024

Strategic CSR - Wind turbines

The article in the url below deals with the issue of how to discard the detritus of the renewable energy sector. Specifically, it notes that there is a large amount of hardware that is required to produce wind energy, which is rapidly reaching the end of its lifespan – particularly the blades from the turbines that were installed in the early 2000s:

"By 2025, trade association WindEurope estimates that 25,000 metric tons of wind turbine blades will be phased out each year in Europe alone, equivalent to the weight of more than 6,000 Hummer SUVs."

Unfortunately, most of the blades that were installed in those early years are either not recyclable or just not recycled:

"Most wind turbine blades end up in landfills or are incinerated. … That footprint only stands to grow: Total installed wind capacity reached 906 gigawatts worldwide last year, more than quadruple 2010 levels, according to the Global Wind Energy Council, an industry group. An additional 600 gigawatts are expected by 2027."

Nonprofit groups like Canvus (an organization dedicated to bringing "communities, organizations, and artists together to reimagine spaces, inspire others, and share new experiences") are working to convert the blades into functional items:

"At first glance, the benches outside the Great Lakes Science Center in downtown Cleveland seem unremarkable. But a closer inspection shows that their droplet-shaped shells aren't made from wood or metal. A scan of the attached QR codes reveals even more: These benches used to be wind turbine blades. Painted by local artists and weighing in at about 500 pounds (230 kilograms) apiece, the benches were crafted by Rocky River, Ohio-based Canvus, which will install 10 more in the same location later this month. Altogether, the dozen benches reuse roughly a quarter of a single 150-foot (45-meter) wind turbine blade."

They have lots of other ideas, too:

"The team came up with 150 ideas for products to make out of turbine blades before settling on 11 – planters, picnic tables and benches – that could be produced at scale. It also assigned each product a pithy name: the 'deborah' bench, for example, offers shade protection and is also available as a swing; 'beacon,' meanwhile, can be a bench, planter or fountain."

The article in the second url below confirms that there is a lot of hardware out there (EVs, bikes, and scooters) that has been discarded as the market attempts to identify the ideal solutions to specific sustainability-related problems:

"China is now the world leader in clean cars, producing around 6 million EVs and plug-in hybrids last year, or almost one in every three new cars sold domestically. It accounts for 60% of the world's current electric fleet, and has the most extensive EV charging infrastructure on Earth – also built with government support. But that lightning-fast development also left behind plenty of casualties. Many of the ride-hailing companies that were early adopters of EVs have gone out of business. There are now around 100 Chinese electric-car makers, down from roughly 500 in 2019."

Take care
David

David Chandler
© Sage Publications, 2023

Instructor Teaching and Student Study Site: https://study.sagepub.com/chandler6e 
Strategic CSR Simulation: http://www.strategiccsrsim.com/
The library of CSR Newsletters are archived at: https://strategiccsr-sage.blogspot.com/


Retired Wind Turbine Blades Live on as Park Benches and Picnic Tables
By Coco Liu
June 15, 2023
Bloomberg

China's Abandoned, Obsolete Electric Cars Are Piling Up in Cities
August 17, 2023
Bloomberg
 

Thursday, April 11, 2024

Strategic CSR - Nuclear

No doubt there is more to the story in the url below, but I was encouraged by this development:

"For the first time in more than 50 years the US granted permission for a new type of nuclear reactor, a sign regulators are becoming more open to different approaches to producing power from splitting the atom."

What is unique about this new reactor design, it appears, is the cooling technology:

"California startup Kairos Power received a construction permit from the Nuclear Regulatory Commission to build its Hermes demonstration reactor in Tennessee. While commercial reactors in use today are cooled by water, the Kairos technology uses molten fluoride salt as a coolant."

As I have noted previously (see Strategic CSR – Nuclear), there are a lot of misconceptions about nuclear energy (and subsequent resistance among environmental activists), but I have not seen any realistic future projection of sustainable energy use (and rapid transition away from fossil fuels) that does not draw on at least some nuclear energy.

Take care
David

David Chandler
© Sage Publications, 2023

Instructor Teaching and Student Study Site: https://study.sagepub.com/chandler6e 
Strategic CSR Simulation: http://www.strategiccsrsim.com/
The library of CSR Newsletters are archived at: https://strategiccsr-sage.blogspot.com/


US Approves New Kind of Nuclear Reactor for First Time in 50 Years
By Will Wade
December 13, 2023
Bloomberg
 

Friday, April 5, 2024

Strategic CSR - Geopolitics

The author in the article in the url below sets up his argument by noting the geopolitical role played by fossil fuels since their emergence as the dominant energy source. While solving the nasty side-effect of direct carbon emissions, he argues that renewable energy might be introducing an alternative source of "commodity dependence and geopolitical baggage":

"Wind, sun and hydrogen are free. But the equipment that transforms them into energy, stores it in batteries and transmits it needs vast quantities of minerals whose supply is more concentrated than that of oil and gas. Democratic Republic of Congo has 43% of the world's cobalt deposits, Argentina 34% of lithium, Chile 30% of copper and Indonesia 19% of nickel. … All exceed Saudi Arabia's 12% share of global oil production and Russia's 16% share of natural-gas output. For all four minerals, the five largest countries have more than half of global deposits. With oil and gas, the top five control less than half. … Downstream production is even more concentrated: China refines 70% of the world's cobalt, 65% of its lithium and 42% of its copper, far exceeding OPEC's share of oil output."

And, while the sustainability lobby is falling over itself to welcome the transition to electricity that is being encouraged by the Inflation Reduction Act in the U.S., the reality is that it will increase demand for these minerals that are already in short supply ("the law will increase that demand by 12% to 15% by 2035"), while also making the U.S. more dependent on imports from countries that are not necessarily predisposed to be friendly:

"For example, in 2035, non-free-trade partners will account for 90% of global cobalt production, most of it in Democratic Republic of Congo, which exports 70% of its production to China."

Meanwhile, the regulatory bureaucracy in the U.S. ensures that, even though there are deposits of some of these minerals available (in theory), we just cannot get out of our own way quickly enough to access them:

"The U.S. alone boasts copper deposits equivalent to 20 years' worth of its own demand. … The problem is accessing it; the firm estimates it takes 15 years on average for a mine to go from discovery to production."

The problems range from permitting ("seven to 10 years [in the U.S.], versus two to three in Australia and Canada"), to refining ("A copper refinery or smelter hasn't been built in the U.S. since the 1970s"), to what the author terms "resource nationalism":

"From the 1950s to the 1980s, western oil companies saw their operations nationalized by host countries. Today, resource nationalism is once again spreading. Indonesia is restricting exports of nickel ore to nurture domestic refining, and Chile is partially nationalizing its lithium mines."

Take care
David

David Chandler
© Sage Publications, 2023

Instructor Teaching and Student Study Site: https://study.sagepub.com/chandler6e 
Strategic CSR Simulation: http://www.strategiccsrsim.com/
The library of CSR Newsletters are archived at: https://strategiccsr-sage.blogspot.com/


Green Energy Shuffles Global Influence
By Greg Ip
September 14, 2023
The Wall Street Journal
Late Edition – Final
A2
 

Tuesday, March 19, 2024

Strategic CSR – Solar

This graph from the article in the url below, for me, sums up the challenge inherent in many renewable energies:


The chart shows a single day (October 11, 2020) and plots demand for electricity in South Australia against the amount of electricity generated by solar power. Of course, this issue would not matter so much if we could adequately store solar energy and transport it over long distances. Since we haven't solved those challenges, we need to use solar energy as we create it, but that might not be when it is in most demand, as the chart demonstrates.

No doubt, the challenge of replacing fossil fuels is complicated, and involves a multi-pronged approach with multiple different energy sources (including nuclear, of course; see Strategic CSR – Nuclear). Nevertheless, I found this chart to be a powerful reminder of how complex the challenge is, and also how far we are from solving it.

Take care
David

David Chandler
© Sage Publications, 2023

Instructor Teaching and Student Study Site: https://study.sagepub.com/chandler6e 
Strategic CSR Simulation: http://www.strategiccsrsim.com/
The library of CSR Newsletters are archived at: https://strategiccsr-sage.blogspot.com/


One Last Postcard From the Future of Clean Energy
By Nathaniel Bullard
December 21, 2023
Bloomberg Green
 

Tuesday, January 23, 2024

Strategic CSR - Diamonds

The article in the url below suggests that the producers of lab-grown diamonds are overcoming one of the main criticisms levelled at their products – that they consume large amounts of energy to manufacturer, so are not nearly as green as they are marketed:

"A decade ago, they were relatively unknown in the jewelry industry, but now make up a fifth of diamond sales by value. … Made largely in China and India, lab-grown diamonds are produced using heat and pressure but without any mining. The lab-growing process, however, does require huge amounts of energy, so stones' green credentials depend on where the power comes from."

Having solved the issue of having to dig these things out of the ground (often under appalling conditions), the next step was to remove the emissions associated with the vast amounts of energy required to produce lab-grown diamonds:

"Danish jeweler Pandora's diamonds are made using renewable energy and set in recycled gold and silver rings. It said a cut and polished one carat diamond has a carbon footprint of roughly 9.2 kilograms, less than a tenth of the carbon emissions for a natural diamond—106.9kg CO2 based on research from the Natural Diamond Council."

Similarly:

"In 2019, Laura Lambert launched Fenton, an ethical jewelry brand based in London. Three years later the former retail executive started selling lab-grown diamonds produced in a solar-powered factory in Gujarat, India. … She says her own market research indicates currently only about 5% of all lab-grown diamonds are made using renewable energy, but it has been something her customers have been asking for."

As a result of the growing market share of lab-grown diamonds:

"Miners' revenues have dropped sharply. De Beers, the world's largest diamond miner, sells its rough diamonds in ten selling cycles during the year. The volume and quality can vary but is a good barometer of appetite for natural diamonds, as well as prices. In the last cycle of 2023, De Beers sold $130 million worth of diamonds compared with $417 million a year prior."

In spite of this progress, lobbyists for real diamonds are still able to question the sustainability of lab-grown diamonds (see Strategic CSR – Diamonds):

"'Consumers are being told that lab-grown diamonds are sustainable and that couldn't be further from the truth,' says David Kellie, CEO of the Natural Diamond Council, a diamond mining trade group. The group began airing videos on social media in April as part of what it calls a 'myth-busting' campaign. According to a new report by the group, more than 60% of lab-grown diamonds are made in China and India, where climate-polluting coal is the major power source. The report also touts efforts by the mining industry to cut carbon emissions and boost the economies of countries with major diamond mines such as Botswana and Namibia."

Take care
David

David Chandler
© Sage Publications, 2023

Instructor Teaching and Student Study Site: https://study.sagepub.com/chandler6e 
Strategic CSR Simulation: http://www.strategiccsrsim.com/
The library of CSR Newsletters are archived at: https://strategiccsr-sage.blogspot.com/


Lab-Grown Diamonds Go Green
By Yusuf Khan
January 11, 2024
The Wall Street Journal
Late Edition – Final
B6
 

Monday, November 27, 2023

Strategic CSR - Energy subsidies

Looking past the hyperbole and faux incredulity that the government would actually try and do something about climate change, the article in the url below from the WSJ's op-ed page makes an essential point that many in the area of sustainability seem unable to comprehend:

"As much wood is burned in the U.S. today as in 1885, when coal surpassed it to become our largest energy source. Wind and hydropower were in use centuries before fossil fuels arrived and never stopped growing. Solar voltaic has grown like topsy since its invention in the 1950s."

The point:

"There's only 'additional' energy and no upward limit on humanity's willingness to consume it except through the workings of price. If energy were cheap enough, we'd have flying cars, supersonic airlines and space travel for the middle class. You would open your windows in the winter to enjoy the benefit of fresh air and heat at the same time. Energy is convenience. Energy is control over our environment. Humans will consume all the energy it makes sense to consume at the available price."

To emphasize the final sentence of that previous paragraph:

"Humans will consume all the energy it makes sense to consume at the available price."

In other words, the price of that energy matters (see Strategic CSR – Carbon Tax and also Strategic CSR – Carbon tax). The makeup of our energy profile also matters – the more sustainable our energy mix, the better. The trouble is that we do not appear to be making much progress on that front:

"Cut to the chase: global CO2 emissions actually grew 12% faster in 2022 than energy consumption did. … [That year] around the world, wind and solar still accounted for less than 2.4% of humanity's total energy consumption. Their annual increase was still a small fraction of the annual increase in fossil-fuel consumption. They remain functionally additive to humanity's energy budget, rather than displacing coal or oil on a global basis."

In short, we cannot escape the laws of fundamental economics – what the author terms "the price effect":

"When certain consumers are subsidized to use less fossil energy, others in the U.S. and world will take advantage of lower prices to consume more."

Thus, our fundamental problem. Even though we are capable of enforcing higher prices of unsustainable energy (ideally through a carbon tax, which is applied worldwide) than the market would otherwise make available, our current track record suggests that is unlikely. In this, and many other ways, we are the architects of our own fate.

Take care
David

David Chandler
© Sage Publications, 2023

Instructor Teaching and Student Study Site: https://study.sagepub.com/chandler6e 
Strategic CSR Simulation: http://www.strategiccsrsim.com/
The library of CSR Newsletters are archived at: https://strategiccsr-sage.blogspot.com/


Why Are Carbon Emissions Up?
By Holman W. Jenkins, Jr.
August 16, 2023
The Wall Street Journal
Late Edition – Final
A13

Tuesday, November 14, 2023

Strategic CSR - Nuclear

If you want to understand why nuclear energy has to be a part of our collective solution to climate change, the article in the url below offers one of the most comprehensive and compelling explanations I have seen:

"Progressive lawmakers, along with environmental groups like the Sierra Club and Natural Resources Defense Council, have historically been against nuclear power — often focusing on the danger, longevity and storage requirements of the radioactive waste."

Key to the argument, you won't be surprised to hear, is removing the fearmongering and misinformation that is routinely spread about the byproduct of nuclear energy, nuclear waste:

"So it's no surprise that many Americans believe nuclear waste poses an enormous and terrifying threat. But after talking to engineers, radiation specialists and waste managers, I've come to see this misunderstanding is holding us back from embracing a powerful, clean energy source we need to tackle climate change. We must stop seeing nuclear waste as a dangerous problem and instead recognize it as a safe byproduct of carbon-free power."

First, the obvious advantages of nuclear energy (other than being carbon-free, of course):

"The countries that have cleaned up their electricity production the fastest have generally done so with hydroelectric power, nuclear, or a combination of the two. The distinct advantage of nuclear is that it requires little land and can reliably produce lots of power regardless of weather, time of day or season. Unlike wind and solar, it can substitute directly for fossil fuels without backup or storage. The International Energy Agency believes it's so crucial that global nuclear capacity must double by 2050 to reach net-zero emissions targets."

Next, overcoming the understandable (and arguably misplaced) fears about the waste, which is often presented in popular media as some fluorescent material that burns through anything it touches:

"In reality, nuclear fuel is made up of shiny metal tubes containing small pellets of uranium oxide. These tubes are gathered into bundles and loaded into the reactor. After five years of making energy, the bundles come out, containing radioactive particles left over from the energy-making reactions. The bundles cool off in a pool of water for another five to 10 years or so. After that, they are placed in steel and concrete containers for storage at the plant. These casks are designed to last 100 years and to withstand nearly anything — hurricanes, severe floods, extreme temperatures, even missile attacks."

The key takeaway:

"To date, there have been no deaths, injuries or serious environmental releases of nuclear waste in casks anywhere. And the waste can be transferred to another cask, extending storage one century at a time."

And, what about all the misinformation about the half-life of nuclear material?

"The way radiation works, the waste products that are the most radioactive are the shortest-lived, and those that last a long time are far less dangerous. About 40 years after the fuel becomes waste, the heat and radioactivity of the pellets have fallen by over 99 percent. After around 500 years, the waste would have to be broken down and inhaled or ingested to cause significant harm."

The author compares this to industrial waste that we are much less careful with, even though it tends not to lose any of its toxicity, over time:

"Take ammonia: It is highly toxic, corrosive, explosive and prone to leaking. Hundreds of ammonia-related injuries and even some fatalities have been reported since 2010, and we continue to produce and transport millions of tons of it annually by pipelines, ships and trains for fertilizer and other uses."

While there may be security reasons for storing nuclear waste in a single location, deep in the mountains, the author argues there is not much of a safety justification for doing so:

"The waste should really be a chief selling point for nuclear energy, particularly for those who care about the environment: There's not very much of it, it's easily contained, it becomes safer with time and it can be recycled. And every cask of spent nuclear fuel represents about 2.2 million tons of carbon, according to one estimate, that weren't emitted into the atmosphere from fossil fuels. For me, each cask represents hope for a safer, better future."

For interest, the NYT collected reader responses to this article, most of which appear to focus on the storage of nuclear waste, rather than rebutting the core argument (which is that the fears are greatly overblown):


The article in the second url below demonstrates the potential, via a company that has developed a technique that can be attached to existing nuclear reactors to generate hydrogen, at scale. Overall, of course, we need to proceed with caution (and there are all kinds of other issues with nuclear energy, such as how long it takes to approve and build a power station), but our options for significant carbon reduction are limited, and time is running out. Much better to be guided by facts, rather than mythical fears, in plotting the most effective way forward.

Take care
David

David Chandler
© Sage Publications, 2023

Instructor Teaching and Student Study Site: https://study.sagepub.com/chandler6e 
Strategic CSR Simulation: http://www.strategiccsrsim.com/
The library of CSR Newsletters are archived at: https://strategiccsr-sage.blogspot.com/


We're Thinking About Nuclear Waste All Wrong
By Madison Hilly
May 1, 2023
The New York Times
Late Edition – Final
A18

Billion-Dollar 'Pink Hydrogen' Plan on Hold as US Weighs Rules
By Will Wade
May 30, 2023
Bloomberg

Tuesday, October 10, 2023

Strategic CSR - Shell

The lead paragraph in the article in the url below is all you need to know to demonstrate how poorly prepared (and invested) we are in addressing climate change:

"Shell's new CEO said the London energy giant will ratchet back low-profit clean-energy investments while pumping out more fossil fuels, a pivot from a period when the biggest European producers emerged as enthusiastic champions of renewable-energy sources. Investors on both sides of the Atlantic in recent months have rejected a buffet of climate pushes. Instead they have preferred the gushers of cash generated by record profits that have been fueled in part by Russia's invasion of Ukraine. That thirst for cash has coincided with continued strong demand for fossil fuels, emboldening Shell and London-based rival BP to defend oil production and dial back aspects of the clean-energy focus they embraced with fanfare just a few years ago."

Correction – not "addressing" the challenge; more like not even trying to address it (or even pretending we are trying to address it).

Take care
David

David Chandler
© Sage Publications, 2023

Instructor Teaching and Student Study Site: https://study.sagepub.com/chandler6e 
Strategic CSR Simulation: http://www.strategiccsrsim.com/
The library of CSR Newsletters are archived at: https://strategiccsr-sage.blogspot.com/


Shell Dials Back Green-Energy Plan
By Jenny Strasburg 
June 15, 2023
The Wall Street Journal
Late Edition – Final
B3