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Missing the Big Picture on Poverty Reduction

This year’s Nobel Memorial Prize in Economic Sciences was awarded to Abhijit Banerjee, Esther Duflo, and Michael Kremer for their experimental approach to poverty reduction. In the Nobel Committee’s view, the economists’ use of randomized controlled trials (RCTs), a method adapted from medical sciences, to test whether specific interventions work has “considerably improved our ability

DIXIEPLY is now 100% employee-owned

Dixie Plywood and Lumber Company (DIXIEPLY), a leading wholesale distributor of building materials, is proud to announce it has become 100% employee-owned through an Employee Stock Ownership Plan(ESOP). The ESOP was announced to DIXIEPLY’s employees on November 1st by Dan Bradley, President of the 75 year old company. The ESOP became effective October 31, 2019.

How everyday products are supercharging landfill gas, and what that means

Synthetic compounds increasingly used in everyday products like shampoo and motor oil are finding their way into landfills and supercharging the biogas those landfills produce, researchers at the University of Michigan have found. While it's a problem today, the researchers say it could be an opportunity to get more energy out of landfill gas. The

2019-11-19T08:32:54-06:00Tags: |

Fossil Fuel Subsidies And Impact Greenwashing Are Stalling The Energy Transition

Since 1800, worldwide consumption of fossil fuels has increased 1,300-fold. Access to this cheap energy has lifted people out of poverty and catalyzed economic growth, wealth creation and healthier living environments. So, the fossil fuel industry must be remarkably profitable, right? After all, if renewables like solar and wind were competitive in a free market, would we

How impact investment could counteract the rising tide of populism

“If we want to defend the maintenance of an open economy and free societies, then we have to demonstrate that it is not capitalism that threatens the planet and aggravates inequalities,” argues the chairman of Goldman Sachs International. The former Prime Minister and President of the European Commission was the main speaker at the conference

Employee share owned plans: A business model with a superpower

Kerry Siggins and Michael Russell are believers that an employee-owned model for business provides tools to get the most out of workers. Siggins, CEO of StoneAge Inc., maker of waterblast tools and automated equipment for industrial cleaning applications, cited the company’s founders, John Wogamott and Jerry Zink, as the original adopters of an employee share owned

Sustainable living lessons from Antarctica’s first zero-emission research station

As a scientist investigating climate change, I’m embarrassed by the high carbon footprint I have when I travel to, and work in, Antarctica. Researchers based in the UK regularly take four or five flights to reach the continent, and the stations we visit rely on electricity from fossil fuels. Our food is shipped in, and

Medical expenses are putting more seniors in poverty

A veteran who’s saved but can’t afford to retire because of the cost of his medications. A disabled man who’s had to delay refilling prescriptions because of cost and suffered tremors in the meantime. Those are some of the stories AARP Nebraska has collected recently as part of the national organization’s ongoing campaign urging state

2019-11-18T10:18:07-06:00Tags: |

UWO research shows steep energy bills can lead families into poverty

While it makes sense that families living below the poverty line have a difficult time covering their energy bills, new University of Wisconsin Oshkosh research shows the reverse to be true as well … high energy bills can lead a household into poverty. The nationwide study—led by UWO environmental sociologist Jeremiah Bohr and published Nov. 15 in the peer-reviewed journal Social Forces—indicates that dedicating inordinate amounts of income to energy services can threaten a family’s well-being over time. “In

2019-11-18T10:11:24-06:00Tags: |

These Social Entrepreneurship Trends Will Hit All the Emotions in 2020

Social entrepreneurship is gradually transforming into mainstream entrepreneurship. Over the past few years, we have seen an upsurge in the number of social initiatives. In fact, social entrepreneurs all over the world are increasingly realizing that they have the expertise, knowledge and persistence to make a huge impact on the lives of the people in

‘Race against time’

MINISTER of Science, Energy and Technology Fayval Williams has warned that Jamaica and many other states in the region are in a race against time to achieve the 2030 Agenda for Sustainable Development Goal Number Seven for affordable and clean energy. Williams issued the warning yesterday as she delivered the main address at the launch

2019-11-16T08:39:01-06:00Tags: |

Ending Learning Poverty: A Target to Galvanize Action on Literacy

At a school in Malawi, students are enjoying play time at recess. Unfortunately, sometimes recess lasts all day because the teacher doesn’t come to work. In a classroom in Armenia, students are receiving grades for their ability to repeat memorized text, with textbooks dominating the learning process rather than teacher instruction and innovation, leaving graduates

2019-11-16T08:31:43-06:00Tags: |

Is Sustainable Investing Moving Into the Mainstream?

Sustainable investing, which incorporates environmental, social, and governance (ESG) criteria into investment decisions, has been gaining more attention among both individual investors and asset managers in the world’s largest institutions. These are investors who are heeding urgent challenges, like climate change, and seeking investment solutions that can deliver real impact. And they’re seeing that proactively

How citizens can become agents of environmental change

If you like to walk in the woods, raft a river, dig in a garden or look at butterflies, you could become an agent of change. Science and policy may not be enough to solve complex environmental challenges ranging from species extinction to water pollution, but actively engaged citizens could tip the balance, according to

2019-11-15T08:03:17-06:00Tags: |

Middle-income Americans are increasingly ‘financially vulnerable,’ despite strong economy

Most Americans are struggling with at least some part of their finances, a new report shows, despite a strong economic indicators to the contrary. Just 29% of Americans — an estimated 73 million people — are “financially healthy,” according to a report released Thursday by the Financial Health Network. The share of financially healthy individuals increased

How Startups Are Wooing Employees With ESOP Buybacks

With increased investor attention, India has become one of the largest ecosystems for startups globally. Startups in nearly all sectors are trying to push the envelope by introducing innovations, schemes and ideas. One such scheme that has attracted the likes of Razorpay, Oyo, Flipkart, Moglix is the employee stock ownership plan (ESOP) buybacks. Payment solutions

Sustainable Investing: Debunking 5 Common Myths

It began as a niche desire. Originally, sustainable investing was confined to a subset of investors who wanted their investments to match their values. In recent years, the strategy has grown dramatically: sustainable assets totaled $12 trillion in 2018. This represents a 38% increase over 2016, with many investors now considering environmental, social, and governance (ESG) factors alongside traditional

Doctors give electronic health records ‘F’ rating, study says

On a scale that measures the user-friendliness of various everyday technologies, Google, not surprisingly, ranks right at the top. Microwave ovens, aren't far behind, followed by ATMs. Microsoft Excel hovers somewhere near the bottom. And then, well below that, when ranked by physicians, comes electronic medical records, according to a study published online in the

2019-11-15T08:09:54-06:00Tags: |

NewAge becomes fully employee owned

As it reaches 65 years in business this year, NewAge Industries also has another reason to celebrate. It became fully owned by its employees through its Employee Stock Ownership Plan. The company, which manufactures plastic and rubber tubing, started down the path to employee ownership through its CEO Ken Baker in 2006. But Baker learned