Politics and Policy

  1. Cities and Communities
  2. Federal
  3. People
  4. Politics and Policy

The scoop: American infrastructure is aging and the problem is two-fold. Large cities need federal funding to support ambitious projects, while small cities can't afford any new projects.

Disaster in Miami, Detroit: As the story unfolds, it appears the Surfside condo tower likely collapsed from deteriorating infrastructure. In the Midwest, Detroit suffered from unprecedented rain, but also decades of underinvestment.

Rising cost of construction: US infrastructure rebuilds are extremely expensive, 6th highest in the world. Despite that, we dedicate a lower percentage of our GDP to infrastructure than the EU or China.

One solution: Prioritize domestic infrastructure projects over foreign interventionism to fund new projects. Don't just use deficit money to fund it. In fact, money alone will not be sufficient to ensure new construction is a success.

Successful federal projects require careful planning, strategic management and people-first politics. America needs to rebuild itself bearing both today's economy and future economies in mind. It's important we don't forget either.

Dig deeper → 4 min

  1. Federal
  2. People
  3. Politics and Policy
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The scoop: El Salvador announced that Bitcoin is now legal tender. Citizens can pay taxes with it and stuff.

Why it matters: El Salvador is the first country to recognize a cryptocurrency as a legal form of currency. This marks a major shift toward government's view of decentralized financial systems, and a potential shift away from central banks.

The energy problem: We all know Bitcoin has an energy problem. To combat that, El Salvador plans to use geothermal energy from its volcanoes to produce cheap, clean energy for bitcoin mining. Let's see if they can build sophisticated infrastructure to match pent-up demand.

Bottom line: In the rush to make bets on the future of finance, governments around the world are responding with crypto plans for citizens.

Question: Will this push for legal forms of cryptocurrency help or hurt its climate impact in the long-run?

Dig deeper → 2 min

  1. Better Markets
  2. People
  3. Politics and Policy
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The scoop: Overpopulation is a myth... because Jack Ma and Elon Musk said so. On a more serious note, a population collapse is more likely than an overpopulated planet.

Some talking points for the dinner table:

  1. Overcrowded cities ≠ overcrowded planet. The entire world population can fit in the state of Texas with the same population density as Manhattan.
  2. Lopsided populations will inevitably occur in modern advanced nations. That means young workers will be unable to support aging populations, causing natural population declines.
  3. 'Malthusian traps' refer to inevitable food shortages as populations grow. Either Malthus was right and some of us go hungry (as in we don't need to artificially halt population growth), or he's wrong and the population keeps growing sustainably through innovation.

Bottom line: The Earth has plenty to offer for 9 billion mouths. And a sustained population decline due to lower fertility rates is already becoming a realistic outcome. We just need to spread out more.

Dig deeper → 2 min

  1. Cities and Communities
  2. Energy and Environment
  3. People
  4. Politics and Policy
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The scoop: 600 gallons of oil spilled into the San Francisco Bay yesterday from a Chevron refinery.

Some notes on the disaster:

  • Solutions exist, restoration efforts are more innovative, why does this keep happening?
  • Media tends to direct focus on corporations and federal government, but what role do local politics play in preventing environmental disasters?

Food for thought:

Looking back at the Chevron oil spill of 2021, we should be asking ourselves:

  1. Why did the oil spill happen?
  2. What actors played a role in this disaster?
  3. What steps can these actors take to prevent it from ever happening again?

Bottom line: If the answer is primarily political, sadly, it may not happen fast enough to stop the next disaster.

Dig deeper → 3 min

  1. Cities and Communities
  2. Federal
  3. People
  4. Politics and Policy
Dig deeper to find out how Biden can build a message of unity for America…

Biden re-signed the Paris accord this week. Like I wrote about last week, the next four years will have major implications about the role of federal governance in climate mitigation.

Here at SR, we don’t endorse politicians but we certainly criticize them. Expect us to watch this administration closely and keep you up-to-date on America’s progress on environment-related issues.

  1. Federal
  2. People
  3. Politics and Policy
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The scoop: With control of Congress and the White House, the Democrats have the weight of the world take serious climate action. If they fail, perhaps government is incapable of getting the job done.

Some talking points:

  • Any climate plan taken in the next few years should be targeted at institutions, not individuals.
  • We're looking for stringent environmental protections laws, and harsher rules on corporate carbon emissions. Let's not damage SMB's either, please.
  • ^In that light, if there was a vaccine-like waitlist for taking climate action, corporations should be at the top of the list. Let's get them out of the way.

Bottom line: The legacy of federal governance (fair or not) lies in the hands of an aging Biden. If his administration fails to bring about tangible change, the distrust of government may be irrevocable.

Dig deeper --> 1 min

  1. Lifestyle
  2. People
  3. Politics and Policy
  4. Thinking
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The scoop: Sustainability in 2020 was about transition. Let's make this decade about change (not the World Economic Forum kind... the ordinary people kind).

Top sustainability trends in 2020:

  1. Economics merge with environment
    • Rise of ESG superfunds
    • Corporate-social sustainability skyrockets
    • Individual sustainable investing spikes
  2. Climate awareness goes mainstream
    • Data showed most Americans now concerned about environmental issues.
    • Climate entered national politics.
    • Animals gained more rights - backed by science as much as emotion.
  3. Climate community can't stop fighting with itself. Here are different type of activists:
    • The optimist "Don't worry, science & tech will get us out of this mess!"
    • The concerned consumer "How can we blame corporations if we keep buying their products??"
    • The concerned citizen "The problem isn't with consumers, it's with citizens. You need to vote to make real change!"
    • The institutionalist "It doesn't matter what individuals do, it's governments and corporations that are to blame."
    • The doomsday-er "We are screwed no matter what, Kathy. Start preparing for the next Ice Age."
    • The compromiser "I think Biden made good cabinet choices for climate."
    • The radicalist "If you drive a gas car, I realistically can't spend Thanksgiving with you."

Bottom line: 2020 was a mixed year for sustainability, but we are bullish long-term.

Dig deeper → 7 min

  1. Federal
  2. People
  3. Politics and Policy

Below are top 10 head-scratchers for the so-called 'COVID-19 Relief Package'.

  1. Despite spending 15 years and billions of dollars, American counternarcotics efforts in Afghanistan are ineffective (Foreign Aid)
  2. The Fish and Wildlife Service is subsidizing yachting (Environment, Energy,Science)
  3. NIH paid to find out if hot tubbing can lower stress (Health Care)
  4. Using CARES Act funds, the FAA renovated a taxiway at the airport on Nantucket Island most often used by private jets (Miscellaneous)
  5. NIH paid researchers to interview San Franciscans about how they use edible cannabis (Health Care)
  6. FEMA paid for test tubes for COVID tests but received contaminated mini soda bottles (Miscellaneous)
  7. NIH paid researchers to develop methods to stop grown adults from binge-watching television (Health Care)
  8. DOD lost more than 100drones over Afghanistan (Military)
  9. USAID is open to creating a venture capital fund in Bosnia & Herzegovina for bad investments (Foreign Aid)
  10. NSF ran lizards on a treadmill (Environment, Energy, Science)
  1. Cities and Communities
  2. Federal
  3. People
  4. Politics and Policy
  5. Thinking
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The scoop: The World Bank projects extreme poverty to rise for the first time since the 1990s, while 270 million people are at risk of starvation (2x higher than 2019).

Lockdowns and inequality: 20+ million Americans are still unemployed. 160,000 US business have closed. Despite that, Amazon, Wal-Mart and Costco (for example) are posting record high online sales.

What can we do? Go beyond SBA loans and stimulus checks. We should like, actually be doing everything we can to keep small business owners afloat.

Local coffee shops > Starbucks, Thrift > Marshall's, Art galleries for Home Decor > Amazon.

Bottom line: We can clean up this institutional mess by creating a new structure around congressional term limits, monopoly break-ups, whistleblower support, and free speech... or we can allow the same actors to weave the world we've grown to love and hate.

Dig deeper → 3 min

  1. Federal
  2. People
  3. Politics and Policy
  4. Thinking
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What to know: For the first three US presidential elections, the runner-up became VP. The 12th amendment rewrote the rules in 1804 so that candidates ran with a running mate. Electors are required to submit one electoral vote for a candidate, and one electoral vote for a candidate's running mate.

Picture this: A climate-focused Gore sitting in during the Bush years, or a foreign-savvy Clinton sitting at the table during the Trump circus. What could Trump do to help Biden's economic recovery bid?

One more point: Imagine if a climate-focused Gore was sitting in during the Bush years, or a foreign-savvy Clinton was sitting at the table during the Trump circus. What could Trump do to help Biden during his economic recovery bid?

Bottom line: We all know the American republic is under scrutiny. Our divisive two-party system, though highly profitable for Big tech and media, is at its breaking point. In a close race, allowing a runner-up candidate to serve as veep could help quell the American political fire.

Dig deeper 🠒 2 min

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