Sep 27, 2011
Great article with real proposal for global economic reform based on reality - our natural capitals are going to the end
Sep 28, 2011
Internalize Economy in Earth Ecosystemby vishal Open Source Information Age Economyby tedschulman Intellectual Property Exchange,2009 ©.by boris-lagutin Systems of Collective Intelligence by dsweeney Platform for mutual development to reduce resource consumption by haller Ongoing Global Brainstorm by gmoke Fix the system - get a global 'circular economy'by blindspotter Environmental Balance Index: ecosystem internalized money. So collective aspiration to procure, prosper and evolve economyby taras.bebeshko All of these proposals advocate open source/crowdsource mechanisms to speed response to climate change, at least as I read them. It seems we each have different parts of the puzzle and should consider collaborating whatever the outcome of the contest.
Sep 29, 2011
1 laubacher Expert Reviews Aug. 26, 2011 10:12 PM The most interesting part of the proposal for me is the following section: "The first action is to improve the connectivity among economic players and establishes connectivity between the earth ecosystem and economic systems. The mechanism for this action is we are deriving from sensor web concept. The second action is incentivizing the connectivity and well being of ecosystem. The mechanisms for this action are based on industrial ecology practices and economic valuation of ecosystem services. The third action is centralizing the economic policies and decentralizing the planning and implementation. The mechanism for this action is global ecosystem budget and get more involvement of the local communities for planning and implementation." I was particularly interesting the mechanisms you describe for achieving the outlined actions. Could you expand more on this section? Also, I found the vignettes at the end describing the future world to be intriguing (though they made me want all the more a bit greater detail in the description of the actions and mechanisms). 2 vishal Aug. 28, 2011 10:15 AM Dear laubacher, Many thanks for your comment. I am currently working on describing the mechanisms, hope to complete it before August 31. 3 blindspotter Aug. 29, 2011 12:00 PM Hi Nishad I share your interest in internalising ecosystem information into economies so I hope you don't mind that I had a go at editing your proposal description. I noticed that you've set the proposal for open-editing by anyone :-) Previous text: Features of earth ecosystem, its efficiency in resource sharing and utilization, strategy to self-sufficient and sustainable make a strong belief that anthropocentric economic system can be made into a sustainable one by internalize it with earth ecosystem. Here, the term internalization refers the process of embedding values and attitude to the current economic system New text: Features of the Earth ecosystem (such as its efficiency in resource sharing and utilization, and its strategy to be self-sufficient and sustainable) support a strong belief that the current anthropocentric economic system can be made into a sustainable one by internalizing it within the Earth ecosystem. Here the term internalization refers to the process of embedding ecological values and attitudes into the current economic system Please see if you think this is ok? With your interest in industrial ecology you may enjoy a look at my 'fix the system' proposal where there is an economic tool to implement industrial ecology in the whole economy by internalising in product prices a premium according to the risk of waste, with premiums used to cut waste risk - including risk of accumulating GHG emissions. Thanks, James 4 vishal Sep. 01, 2011 02:12 PM Dear James, Thank you very much for your kind edit. It really much improved the content, I realize the power of going open!. Thank you once again. The proposal 'fix the system' having great practical implications. I am planing to work for linking I3E proposal with 'fix the system proposal'. The I3E proposal action 2 mechanism can be improved by imposing premiums for product based on their impact profile as an control measures. Best regards, Nishadh 5 vishal Sep. 03, 2011 11:21 AM Came to know impact profile is all about ecological footprints (http://www.footprintnetwork.org). So changed impact profile and threshold impact profile into ecological footprints in plan description. 6 kevinhuang Expert Reviews Sep. 12, 2011 04:51 PM While the English was often difficult to understand, the fundamental approach appears interesting. Assuming I understand it correctly, it seeks a technocratic method of internalizing many of the economic externalities associated with climate change. As is often the case with vast information gathering and sharing solutions such as this, several potential challenges exist. First, what is the motivation for individual nations or institutions to participate? Why internalize such externalities when the ultimate effect is often an increase in cost (be it financial cost, personal inconvenience, etc.)? While the avoided cost may be a good deal higher, immediate, tangible increases in current costs can be difficult to justify when future, unrealized, avoided costs remain intangible. Comprehensive participation may be difficult to obtain, particularly in the face of often divergent and incompatible national and institutional political or economic goals. Another potential complication lies in the ownership of intellectual property. Individual institutions or participants may prefer to adopt traditional roles in protecting valuable information in order to gain competitive advantages unless there are clear, tangible, and valuable justifications for openly contributing to a shared resource. Finally, how would such information be validated and made trustworthy, especially when being contributed from such a diverse array of sources? Without a strong validation mechanism, the legitimacy of the entire system could quickly and easily dissolve. This proposal, while well structured, could be improved with clearer English as well as with answers to some of the challenges/questions posed above. 7 blindspotter Sep. 19, 2011 08:18 PM Hi Nishad Ecological footprints are known as a neat way to visualise impacts and they seem compatible with a technocratic (or governance-led) management of ecological decisions. However it's a lot of data to gather (current and future impact footprints for different design, use and disposal scenarios for every resource flow and product). Some impacts are easier to convert to footprints than others, eg it seems tricky to convert non-renewable materials flows such as oil-burning into land-based measures. 'Internalising' is often approached as a way to bring impacts into market prices. It's great to see other approaches but I wonder what led you to go for a non-market method? Or does your plan to "economically value those ecological footprint" end up as ecological adjustments to product prices? Thanks, James 8 vishal Sep. 20, 2011 04:37 PM Dear James, Best Available Data (BAD!) will be a way around for calculating data intense ecological foot prints. The analogy of cloud can fits for that, say intensification of cloud bears the shower. By making envirocloud (data cloud about location specific socio-ecological system), it expected to generate adaptive strategy towards climate crisis and prosperity other than the mere calculation of ecological footprint in an local environment. Current and projected technological development especially in IT field give promises for measuring ecological footprints for elusive sectors. Making ecosystem internalized economy have to be an collective aspiration for achieve threshold ecological footprints and be adaptive to climate crisis. Current money driven (zero information) market will not be enough for doing such business as aptly said in another climate co lab proposal Environmental Balance Index. Economical valuation (Info rich or value added money) will be in such a way that not only ends up with product prices but with valuation of overall social system itself. Think of situation where communities villages to nations can list their ecological foot prints in stock market and get benefited because of their low ecological foot prints and initiatives of conserving their ecological linkages. Best regards and Thanks, Nishadh 9 gmoke Sep. 29, 2011 02:51 AM Internalize Economy in Earth Ecosystemby vishal Open Source Information Age Economyby tedschulman Intellectual Property Exchange,2009 ©.by boris-lagutin Systems of Collective Intelligence by dsweeney Platform for mutual development to reduce resource consumption by haller Ongoing Global Brainstorm by gmoke Fix the system - get a global 'circular economy'by blindspotter Environmental Balance Index: ecosystem internalized money. So collective aspiration to procure, prosper and evolve economyby taras.bebeshko All of these proposals advocate open source/crowdsource mechanisms to speed response to climate change, at least as I read them. It seems we each have different parts of the puzzle and should consider collaborating whatever the outcome of the contest.
Oct 11, 2011
Thanks for your hard work! Your proposal provided a greatly needed method to address climate externalities. However, reviewers found the proposal hard to understand, with unclear definitions. It would be interesting to develop EBI that considers ecological capital and net (rather than relative) services to ecosystems. It would also be interesting to develop envirocloud as real-time feedback to public and policy decisions.
Oct 11, 2011
I thank you for your comment moderatorteam. However, as I mentioned in our presentation, net valuation of services to ecosystems without compering it with consumption - is very "problematic" approach. This undermines the very understanding of the pricing theory. Otherwise, we must recognize the subjectivity of ecosystems in the global economic system. It was therefore suggested to compare the two kinds of human activities: human consumption of ecosystem services, and provision services to ecosystems by humans.