Profit

  1. Better Brands
  2. Better Business
  3. Business
  4. Profit
Busy? Try the speed read.

Big picture: GM announced plans to release an electric Hummer in 2023. It got me thinking, is it time to make the switch to electric vehicles?

Benefit of electric vehicles:

  1. Lower carbon footprint... social impact ✓
  2. Lower maintenance costs... convenience factor ✓
  3. Tax credits... financial incentive ✓

Cost of electric vehicles:

  1. EVs require minerals like cobalt and lithium to function. Mineral mining is a tough industry with poor standards in developing countries like Bolivia and Chile. Organizations are working to change that.
  2. Electric vehicles have a limited driving range compared to their gas cousins. You may find yourself charging up more than usual.
  3. High sticker prices: The average price of a new electric vehicle is almost double the price of a gas car.
  4. Limited amount of charging stations: this is a tricky one, because there are still more charging stations per EV on the road than there are gas stations for gas cars. Unless you go on a road trip, most of your charging will probably be at home anyway.

Bottom line: With billions of dollars flowing in, electric vehicles are not only here to stay, they are booming.

If you 1) need a car in your life 2) want to be a part of a cleaner future and 3) can afford the extra monthly cost (for now), then making a switch to electric vehicles is the right thing to do.

Dig deeper ➝ 3 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. Better Business
  2. Business
  3. Profit
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The scoop: Food takeout and delivery accounts for considerable waste. About 29% of all greenhouse emissions come from packaging. And food takeout uses a lot of packaging.

Takeout packaging: You want a burrito? Let me wrap that in foil for you. Here's some plastic utensils and paper napkins wrapped in plastic to go along with your hand-held meal. Ok, now here are three packs of ketchup and hot sauce you didn't ask for because you have condiments at home. Let me put that in a paper bag placed in a plastic bag for you... even though you are about to eat it.

Sustainable solutions: Reduce and reuse. Buy in bulk. Use bulk alternatives when on the go. Shop at restaurants that use sustainable alternatives like plant fibers for their packaging. If you have a good relationship with your local food business, talk to them about affordable options.

Dig deeper → 3 min

  1. Better Markets
  2. Business
  3. Profit
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The scoop: Biking connects billions of people from around the world. It can be a great tool to reduce personal carbon footprints too. But not all bike companies focus on ethics and sustainability.

The manufacturing problem: Since the 2000s, most bikes are manufactured in Asia, where workers’ rights are less transparent. It is difficult to track worker conditions in these parts of the world.

Steel requires energy: Metal itself can be sustainable, but certain forms of steel require lots of energy to extrapolate. It is important to look for sustainably-sourced steel.

Read below for a full list of ethical bike manufacturers.

Dig deeper → 4 min

  1. Better Brands
  2. Business
  3. Profit
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The scoop: Patagonia is a forward-thinking billion-dollar brand. But there is always work to be done. Let's see how they chalk up.

Is Patagonia sustainable?

  • Patagonia uses mostly recycled materials.
  • They have a lifetime return and repair program for all of their products.
  • Patagonia still uses animals in their supply chain, but they try to do it as responsibly as possible. I'd rather see no animal use.
  • They are slightly above average when it comes to labor conditions.
  • Patagonia looks to go carbon neutral by 2025.

Zoom out: Patagonia hits on the environmental side, but they have some work to do, especially regarding transparency & ethics surrounding suppliers and animal welfare.

Dig deeper → 3 min

  1. Better Brands
  2. Better Business
  3. Better Markets
  4. Business
  5. Profit
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The scoop: NFTs went mainstream. Now more people are starting to realize Ethereum has a sustainable energy problem. There is a solution.

Not all blockchains are the same: Bitcoin uses about 1% of the world’s electricity. Ethereum is the second largest coin and runs on a similar model as Bitcoin. Neither are energy efficient.

Still, blockchain technology as a whole operates under many different consensus algorithms. Bitcoin and Ethereum’s proof-of-work model is just one version.

Sustainable proposals: Convert mining facilities to use more renewable forms of energy. That’s a good place to start.

More effectively, big coins like Bitcoin and Ethereum can operate using a proof-of-stake model to be more sustainable. This would allow fewer nodes (computers) to validate transactions on the public ledger and increase the energy efficiency of their blockchains.

Finally, emerging coins should look to more efficient consensus algos like Ripple as a model for sustainable crypto. That would propel the industry forward.

Bottom line: Progress is happening. There are existing solutions. The blockchain industry just needs a little nudge to do better.

Dig deeper → 3 min

  1. Better Brands
  2. Better Business
  3. Business
  4. Profit
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The scoop: All plant milk is more sustainable than dairy milk. But that doesn't mean all plant milks are sustainable.

SR's favorites:

  • Pea milk: protein-rich, noninvasive crop, good taste.
  • Hemp/flax seed milk: nutritious and low emission-based.
  • Hazelnut milk: tastes great in a cup of coffee, pollinates naturally, grows on trees.

Bottom line: Every company has a different process, but we can draw conclusions about the sustainability of certain crops. As consumer interest in plant milk keeps growing, it's important to distinguish good labels from bad labels.

The best best thing you can do is make your own plant milk at home. Just take your favorite organic, fair-trade nut or seed and mix it with water in a blender. Details in the article!

Dig deeper → 6 min

  1. Better Brands
  2. Business
  3. Profit

Is Adidas a sustainable brand? In December, the global shoemaker announced plans to make 60% of its products using sustainable materials. They seem committed to a healthier planet.

Let's find out if Adidas is sustainable. Do they put their money where their mouth is?

Dig deeper → 2 min

  1. Better Business
  2. Business
  3. Profit
  4. Science
  5. Thinking

The scoop: Bill Gates published a new book about climate change. Why are we praising a tech entrepreneur pretending to be a scientist and public health official?

Why it matters: I think people like Bill Gates make everyday people more suspicious of actual science. Gates should step aside and let real scientists do the talking. Because as it turns out, he isn't always right.

My proposal: Let's praise and highlight actual climatologists dedicated to the field. He's not even a professional writer.

We need to build communication platforms for researchers, doctors, and scientists to bridge the gap between complex subject matter and public skepticism. Businessmen like Bill Gates only widen the gap (imo).

Bottom line: Let's hear the talking points not from some obscure monolithic gospel, but science-backed, distinguished talking points from recognizable human faces.

Dig deeper → 3 min

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