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Post Rio+20 – the path towards the actual Green Economy.


English: Graph showing Human Development Index...

English: Graph showing Human Development Index and Ecological Footprint. The “sustainable” criteria of ecological footprint within global capacity, and human development index above 0.8, is shaded. (Photo credit: Wikipedia)

On the eve and post Rio+20 UNFCCC meet a lot of things happened which needs to be understood for its far reaching implications in the near future. Highlighted below are a few paragraphs –

The world’s fixation on economic growth ignores a rapid and largely irreversible trend of natural resources depletion that will seriously harm future generations, according to a newly released report that unveils a new indicator aimed at encouraging sustainability.

On 17 June 2012, at the United Nations Conference on Sustainable Development (the Rio+20 Summit), the International Human Dimensions Programme on Global Environmental Change (IHDP) and partners launched the Inclusive Wealth Report 2012.(IWR 2012)

The IWI report examined changes in the combined wealth of twenty countries, which together account for almost three quarters of global GDP, from 1990 to 2008. Despite reporting a growth in GDP Brazil, China, South Africa and the United States were shown to have significantly depleted their natural capital including fossil fuels, forests and fisheries.

Around the same time a letter was published at the Rio+20 Summit.The Clean Revolution campaign, a major initiative by The Climate Group and a range of partners from the public and private sectors that calls for a ‘green growth’ push out of global recession. The letter, says: “By the end of the decade, the low carbon market could triple in value to over US$2 trillion. At a time when government and business leaders everywhere are calling for strategies that deliver growth, we have an historic opportunity before us to lead the world out of recession and into a more stable, sustainable future. This is the time for a green industrial revolution led by real investment in clean technologies and infrastructure. The ‘Clean Revolution’ is essential if we want to ensure we save our economies from the crippling costs of runaway climate change, and create meaningful jobs and enhance energy security.” It will be a new Industrial Revolution – Tony Blair.

The attempt to have subsidies removed all together from fossil fuel was the first  step in the right direction. It was bound to fail, but that itself is a success. Because never before so many groups from such diverse back ground could raise the collective voice against the fossil fuel lobby and be heard.

English: Created in Photoshop, based on "...

English: Created in Photoshop, based on “Sustainable development” diagram at Cornell Sustainability Campus (Photo credit: Wikipedia)

What must be understood is that to have a resurgent economy, one must have the resources in place. And today, the World has an historic opportunity to remove inequality. Today we do not, other than in theory; have a developed against a developing world. Because once we change the indices which measures development and growth, it is the “least developed” and “emerging economies” which have more Natural wealth than some of the developed Nations who have over exploited their own.

However, the developed Nations like the EU & the USA, Japan, Russia, Australia and others have enormous technological advancement and knowledge base, which should be exchanged in fair-value for equitable distribution of the Earth’s Natural resources. And at the same time efforts must be made to replenish what is possible. It is indeed a fantastic time to do business which by default has to be sustainable because there are no options left. The best part is the large conglomerates and corporations survival depends on continued and constant supply of raw material for production. And they will ensure that Sustainability in all form of modern living is applied. It would be done either with partnership or coercion.

The call for going beyond material wealth to gauge our well-being and make sure that well-being is achievable and sustainable for future generations has long appeared in much of the sustainable development, environmental, and ecological economics literature, significantly less in economics and development literature. The present pre-occupation with the Green Economy, we fear, will not provide the change we seek if we do not address the fundamental problem of what precisely we are measuring and the indicators we need to develop. 

English: Sustainability chart

English: Sustainability chart (Photo credit: Wikipedia)

These words in the IWR 2012, underscores the changing mindsets of the economies which have an impact in this World. And it would be well for all Nations to adapt and adopt measures which lead to an age and era where history will define it as the Golden Age of Mankind, when generating wealth would no more mean accumulation of riches which are intrinsic in nature but have the true resonance of Sustainable Development Goals and Millennium Development Goals .

 

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A clarion Call to Sustainable Living


A couple of days ago, I was giving a presentation as how through my firm I can provide Solar Photo Voltaic system to all Commercial and Infrastructure projects which require large amount of energy to operate.  And that too in an OPEX format, by that I mean I have investor backing who would want to become RESCO. Presently it is  on roof-top model. So Hospitals, Hotels, Malls, Commercial Complexes and Airports, Rail-stations etc, which have large roof-top can have power. It would obviously lower Diesel consumption, which is generally used for back-up.

The idea as I have mentioned in my earlier article Green Business Ideas – Applying Solar OPEX model on Green Buildings will make Grid parity easy. is becoming popular but when we want to scale, its facing the biggest road block of subsidised tariff on fossil fuel. Even when my concept of Solar OPEX is ready to handover ownership on the 10th -15th year, and only charging discounted tariff on generation, due to heavy subsidy in the industrial sector the idea just can not germinate under the intense competition from the subsidy. We can provide power to all at about INR 8.50/- but all arguments fall flat when the industry and in some states even commercial power is at INR 4.50 – 6.00/-.

Recently there has been an article which says that a lobby consisting of industry captains, NGO‘s and common persons are petitioning the UNFCCC meet at Rio, to come out with strong laws which would abolish subsidy on fossil fuel. And to be honest, this would give birth to the best Green Business Idea of this century.

Long there has been talk of how one must charge the true value of water, only then the waste of it can be limited. Longer has been the demand to remove subsidy from fossil fuel. Granted it is a political hot-potato, but if one shows a slight more maturity and instead of short-sighted goal explain to the people the farsightedness of this measure, I am sure people would understand. Unfortunately, mostly vote bank politics and corporate greed drive policy.That we have finite resources must be advertised with all the collective forces we can gather and impart that knowledge to all.

We must now begin to evolve an universal law. Not laws which govern different countries. Constitution of each country is different. What is crime for one can be heroism for another. How then we are the United Nations?Let there be diversity in approach to a solution but let laws that govern the sustainability of Earth be one. To be adopted by every member nation. It is only then we can have prosperity. It is not a tall task to achieve because, when 134 Nations can come together to force a recalcitrant Nation to subjugate, it can as well be applied to save the Earth from disaster.

Today our civilisation is in a cusp. It is time we move away from the era of Capitalist consumerism. Human history had many epoch – the stone age, the bronze age, the iron age. And Human Civilisation did thrive. Excellence was achieved. So much so that they still stand testimony in the name of Arayabhatta, Chanakiya,Confucius, Aristotle. In great monuments like the Pyramids in the Americas and West Asia, the monuments in Macedonia and Greece, the Great Wall and many more. They stand testimony to time. Sustainable thoughts & deeds and also sustainable buildings. Sadly today we can not be as advanced in thoughts as our ancestors, the reason is complete disconnect from Nature.

Though I do not advocate any religion, yet in paganism which was followed around the globe once, there was a direct connect to Nature. We must evolve ourselves into a collective which can rise above religion and creed, greed and short-sightedness to evolve a solution which is the NEXT CIVILISATION. An era where B-Crop are norm then exception and Sustainable is not a catch phrase but a human and corporate agenda.

 

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Rio+20 – the Green Initiative.


The statement from Paul Simpson, CDP’s Chief Executive Officer reads;

….. as we approach the Rio+20 Earth Summit, which will focus heavily on how to account for the way businesses use the planet’s natural capital. Investors and corporations are becoming increasingly aware of the extent to which their value chains are influenced by natural resource constraints which lead to increasing price volatility and risk of business interruption. CDP has pioneered a global disclosure system that helps businesses understand and value the current and future impacts from a changing climate and natural resource scarcity, as the world seeks to move towards a sustainable economy.

Forests provide essential ecosystem services that underpin our well being and economic prosperity and their destruction contributes around 15% of global carbon emissions. The issues of energy, climate change, water and forests should not be considered in isolation as all are inextricably linked. Having this information in one place will encourage and facilitate joined up thinking on the subject.

Making climate finance an effective driver of sustainable development, is now the most important subject that needs a through discussion, it was observed at the side events in the run up to Rio+20 Summit – on the 13th June that, Climate finance could become a powerful driver of sustainable development. By supporting mitigation, adaptation and capacity building, it can help build the governmental, social, economic and physical infrastructures needed to achieve poverty reduction and green economy growth. However, without concerted efforts to strengthen the governance of climate financing, these goals will remain elusive.

Presently climate money is channelled through a complex network of public and private institutions, where decision-making can be opaque and unaccountable, and independent oversight absent or under-funded. This heightens the risk of policy capture, mismanagement or corruption; all serious impediments to the Rio+20 agenda. Fiduciary standards such as those espoused by the GEF represent an important attempt to safeguard climate financing against abuse. Transparency, accountability and ethics are fundamental. But what are the challenges to implementing and enforcing these safeguards? And what are the best practice scenarios we can learn from?

The Rio+20 conference comes at a critical time in the development of climate finance governance. This year the global Green Climate Fund will enter into operation, once key decisions are taken over its governance structures. In 2012, OECD countries will also have to deliver on outstanding fast-track climate finance commitments, meaning billions of US dollars should enter circulation before December. Given the potential volumes involved and the relatively untested nature of its institutional framework, climate finance must be treated as a new and emerging challenge’, distinct from development aid. The Rio+20 outcome document currently under negotiation is missing this link.

World leaders have a chance at Rio+20 to stop subsidizing fossil fuels to the tune of nearly $1 trillion and make an important dent in reducing global warming.

English: CSR approaches CSR framework

English: CSR approaches CSR framework (Photo credit: Wikipedia)

The above statements which I have gathered together, shows that there is a lot of movement towards actually having a GEF which can make the desired positive change towards climate change. But what is most important is to have CSR mandatory, in India we are having a lot of buzz around the Government proposal of making CSR mandatory with both FICCI and CII opposing it. Before we understand in depth the reason for this opposition, let us put on record that nearly 16% of the top 100 listed companies in India are already having an  CSR policy in place.

Now how many from the 16% are actually into People -Planet -Profit the 3 bottom line, which should make the baseline of any CSR is not known.

Authenticity in Corporate Social Responsibility

Authenticity in Corporate Social Responsibility (Photo credit: Geoff Livingston)

Corporate will do anything in which they see value. So when we speak of  CSR, and CDP would be seen as such; we must be able to actually gauge which corporate is actually  utilizing Community resources, and giving back to the People and Planet over and above what it must. Because more often than not, the mandatory obligation such as rehabilitating the project affected people, say from a mining site or a hydro-power project is passed on as CSR.  So the danger lies in the CDP being used for market study of a corporate to understand its future business plans and passed on as CSR.

Another, danger is that we are already seeing a lot of commitment  based  on absent funds, especially in relation to solutions which have a direct bearing to climate change. There are Governments which in one hand declaring a financial crisis and on the other hand committing Millions for Climate change mitigation. How are both possible ? At Rio+20 we must keep our hearing sharp to understand fact from fiction.

Having said that, we all know that Peoples are interested in mitigation and adaptation to climate change. And this may be somewhat possible even without “money” as we understand the term. My suggestion would be that policy makers around the World can sit down and list product and process which they have in excess and find a system to barter that advantage with other Nations who have a deficit of the same. Thus some of the commitments which otherwise would have required money and man-power can be overcome. The idea is to look at “profit” from all-together different perspective and thus give a new meaning to the “triple bottom line”.

 

 

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The road to Rio+20 – Thoughts to ponder on the way


As the road to Rio+20 nears, there is hope that after 20 long years, may be it is time that the World would listen up and do something about Climate change in a more positive manner than what has been seen in the last UNFCCC meet. By that what we mean is concrete change in the ground, not just resolutions and policies, which doe not get as much ground swell it should get to make an impact.

During the recent World discussion held by Unilever and later the Sustainability 24 on-line conference by Accenture; there are two thing which were the most striking. The first, there are many in this World who have some really meaningful solutions which can be built from ground up to help society make the positive change required and the next; one does not need to travel 1000 miles by Air, rail & road accumulating a massive  Carbon-footprint to talk about Climate Change.

English: Graphic illustrating the percentages ...

English: Graphic illustrating the percentages of public opinions on the likelihood of some scientists falsifying global warming research. Based on Rasmussen polling of 1,000 American adults conducted July 29-30, 2011. (Photo credit: Wikipedia)

If one pauses and looks from the perspective of those who deny climate change, and answer their fundamental question about why they should adapt to a reduced carbon life-style; one would be in loss of words to justify the carbon foot print each UNFCCC and its related meet creates when it is the very thing we want to reduce.

English: The carbon footprint as it is underst...

English: The carbon footprint as it is understood by people. (Photo credit: Wikipedia)

Seriously does the UNFCCC even think of mapping its carbon-footprint every-time the UN conducts these meets? The amount of  energy and water that is required by the host Nation to sustain the hundreds to congregate at those summits ? Add the support staff and the other logistics and it is one huge foot-print. And for the last 20 years we are creating this huge Carbon foot-print, to meet up and talk on how to abate Global Warming, and going by what the lead institutions like CAN International, Green Peace International and many more, there is much to be desired.

Let no one for a minute mistake my intention. I would never deride the stupendous work that has been achieved till date by the effort of hundreds of dedicated people, more knowledgeable and sincere;  I’m sure I have not even learnt, heard or thought of, what they may have already chosen to implement. But having said that, 20 years is a long time for the world to take a quantum leap in the way we communicate. What may not have been possible 10 years ago, such as VoIP, has become easy and inexpensive tool to be used even by children.

But, VoIP ( Voice over Internet Protocol), such as Skype, CISCO systems; is not a child’s play but a serious business which has the potential of reducing many ills in the present form of Urban living and reducing the Carbon foot-print. I had covered this in an earlier article in detail, VoIP – “Skype” the new medium to reduce Global Warming ?  Therefore I would like to move to the next existing business, which we can think of “greening” in our present Urban life-style.

And that is – eliminating THRASH.

New and upcoming Urban spaces can if it wants stop generating thrash, for landfills. What is required are zones where all the garbage disposed, especially bio-degradable waste be turned into gas via installing small gasifier. They may be small units but when one evacuates the energy thus developed directly into the grid, the amount of power received is huge.

For the non bio-degradable waste, what one can do is incentivize  the materials.

Say for example a 1lt  plastic water bottle, when one sells to the local “kabaddi wala” ( rag-picker / thrash collector ) in Mumbai, he gives you a mere 0.50 Paisa. For the international readers, let me translate the sum US$ 1 = INR 55 approximate today. We are talking of half of INR 1.  Don’t try and convert in dollars as it would be a decimal amount so small that it is not worth the mental effort. And that is exactly where I want to arrive. Value of the product. The intrinsic value not the face value.

Why would not a common person, without a second thought throw away a plastic wrapper  on the street, unless s/he is sure of two basic things –

a) He will not be punished, as it is culturally accepted. ( with revulsion of many and with resigned fate, as the governance, both self and administrative is lacking in India )

b) He will not get any money worth the mention, to have it sold for re-cycling.

But, Governments and environmentalist know the true value of a plastic bottle. If one just does a life cycle analysis and map the foot-print of a bottle from its manufacture, to its journey to a bottling plant to the retail unit, the value spent on it is huge. And also equally huge are the sum which are allocated, every year to decongest clogged drains, clean up ocean floors which are turning into desert because of the trash. Add to that the perceived economic loss to the fishing industry.

So what are the things one can do?  Let us explore  some Ideas –

1. Collection van to pick up all things made of metal; let’s assume municipal authorities all over the World and hopefully in India wake up to legislate a simple rule.                                                                                                                                               a) Pay the actual value for the metal.This can be easily derived from the cost it takes to do maintenance and upkeep of the Urban space, in absence of a collection program. Help set up recycle plants wherever the need is and issue diktat to existing plants which are the original manufacturers of the product to show use of recycled materials. For example, The Construction Business in India generates a lot of waste metal and has a more or less a well established method of collection of the same. This is because steel/iron rods have been given a value which is  worth the effort to recycle as re-rolled steel has its own market.

b) Sensitize the masses, through sustained advertisement, this too I have touched in more detail in UNFCCC – A Little Advertisement can help save Earth. Very few among us correlate Plastic bottle to petroleum, but that is a fact. Therefore when we do not add value to a plastic bottle, in its scrap form, we are hurtling towards extinction. There are many products which are derived from petroleum some of which I covered in the article Save Petroleum form Extinction – Save Earth !  which we discard without a second thought. It is important that laws be legislated to offer a minimum value to these when they are  discarded so that a scientific method of collection can be applied.

Once this is done, a new Business avenue can open up for those who are enterprising, by collecting and segregating products and perhaps reselling them to the original product manufacturers who thus get to “green” their supply chain.

I have seen and heard many examples of how difficult it is for asking a common person to segregate Wet and Dry waste / bio-degradable and non bio-degradable waste; but limited success is found. I speak especially of India. To all the “Pundits”( wise men) of the trade I put one simple thought –

Give a common person a bag full of Gold, Silver, Copper and Tin coins. Observe the speed and dexterity s/he uses in segregating it.

The day, the UNFCCC declares that the term waste can not be applied on products and the World Bank issues a diktat that a proper value is attached to the scrap, we shall see a sea change in thoughts. And for those who would be thinking, where would we find the fund to apply this thought. I request them to look into the fundamentals of this idea and the problem “waste” creates. They will have their answers. And the best part is, being the leaders in economics they would find the most economical way to address the situation.

 

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Save Petroleum form Extinction – Save Earth !


Mean surface temperature change for 1999–2008 ...

Mean surface temperature change for 1999–2008 relative to the average temperatures from 1940 to 1980 (Photo credit: Wikipedia)

Petroleum products Nylon zippers, ballet tights,plastic hangers, pantyhose, permanent press clothing, flip flops/thongs, fake fur, polyester clothing, ball point pens ink, computer diskettes, computers copiers, magic markers, telephones, microfilm, cameras, earphones, footballs, knitting needles, tennis racquets, golf balls,  stuffed animals, band aids, Vaseline, rubbing alcohol, Pepto-Bismol hair colouring, soap, cough syrup, hair spray, lipstick, denture, adhesives, egg cartons, candles, wax paper, nylon spatulas, Teflon pans, Formica linoleum, garden hoses, plungers,  floor wax, Plexiglas, balloons, CDROMs, check book covers, video cassettes, credit cards, dice, watch bands, Plastic furniture… If I recycle these and don’t use…Petrol, Diesel, Kerosene, LPGAnti-freeze, trash bags, shopping bags, spray paint, freezer bags, plastic bottles (Each year, 1.5 million barrels of oil go to making plastic water bottles used in the United States. Less than 25% are recycled)….I get to save Petroleum. I reduce Global Warming and save the petroleum for more productive use than burning it all up or thrashing it to fill up land-fills.

Climate_Change_Attribution_fr

Climate_Change_Attribution_fr (Photo credit: Wikipedia)

So will Rio+20 UNFCCC meet think about these? Create awareness? If it needs to convince the World to turn around and reverse the 3.5°C rise in temperature, it needs to think and think from the view point of how to save our most precious resource, petroleum.

The one and only Petroleum, which helped us move away from wearing the Shakespearian tights to the colourful nylon stockings. Thus heralding the modern era, where we no more die of charcoal fumes but coal, petrol, nuclear etc a whole mix of deadly fumes as it helped in quantum jump of the Industrial revolution. If that is not progress, what is ?

On a more sombre note; More than six billion men, women and children will inhabit urban areas around the world in 2050 when the global population would have surged to nine billion, putting stress on the natural resources that supply energy and food. The Earth resources are finite, be it Land, Potable water or Forest cover and the minerals which are trapped under the forest cover. And it does not take a genius to understand that per capita profit is directly related to the amount of product and produce you have for trade.

Therefore, in the Rio+20 summit, let us not talk about Global Warming and Climate change and how important it is to abate it to ensure survival of civilization. But how profits world over would dip, if resource management is not taken up on an urgent basis.

It would be wise for the OPEC countries to stop selling crude to the Gasoline manufacturers but demand a long-term business relation with Plastic furniture manufacturer, Nylon makers and other petroleum by-product manufacturers and demand a premium. (and a hefty sum from all the air-borne paratroopers who need a plastic cloth to bail them out during emergencies or when they drop down on foreign soil to create an emergency for the ruling dispensation).

OPEC kind of controls the fate of Dell, Apple, Nokia, Victoria Secrets,Vaseline et all; if OPEC does not offer them the plastic they so need how can they profit? Therefore if OPEC ask for guarantees that their crude would not be burnt up into thin smoke but used to create the various by products they would profit more. Once the datum of the raw material changes, its value proposition at source would increase. So it can obviously make more profit and at the same time the OPEC Nations can bask in the glory of creating the Messiah solution for saving Earth from GHG induced Climate change. At least a major part.

And this would automatically give a fillip to renewable energy and bio-fuel industry too; which can finally take up its rightful place as the real energy providers in terms of electrical generation and transportation fuel.

Therefore it is not necessary for climate supporters to fight the coal and petroleum lobby but make popular through sustained information the by-products of petroleum and coal which very few people give a thought to and ask them what they prefer most. To burn up this precious substance or make maximum use of the by-products; many of which have a fair chance of recycle and reuse.

It would be prudent for all to understand that the modern life-style we are so comfortable with would vanish with the depletion of Coal & Petroleum. Products we take for granted would not come by cheap and plenty. It is therefore the need of the hour for the Citizens of every Nation to understand the challenges. Lastly this article only covers just two products which with their finite limit, can cause so much discomfort. We are yet to find out how to feed 9 Billion with food and water and then find them shelter!

All religion says 9 times God came to earth…. will we make it to 10 Billion? Or Extinction stares at the face.

Save Petroleum from Extinction – Save your Business with a Green Idea (oyeta936.wordpress.com)

 

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Green Business Ideas : How about taking the polluting industries to Moon ?


Sometime during the era of USA President Ronald Regan, a since-fiction became reality. It was called the Biosphere 2. Around the same time we had our Sky-lab and in a book by Erich Von Danikën an artist impression of a Space City Although this article is not about God or Space travel, reading Von Danikën  has given me a futuristic Green Business Idea relevant for the present but perhaps a mission which could become a reality in the near future.

What if we take all our mining activities to the Moon ? And the heavy engineering and production activities too? ISRO has already mapped various minerals found in the moon. And this was not done by the International Space and Scientific community because they wanted to spend some idle time they had between their regular work. Both Moon and Mars are possible destinations for us to find the minerals we need with Moon being more possible in the near future. And the sooner we recognise the matter the better it would be for Earth.

We all know that Colonising the Moon and Mars is simply not possible. At least not with the present technology and understanding we have of it, but having a mining station on the Moon is another matter altogether. Something which can rest under similar hermetically sealed cities like the Biosphere 2. The technology is available to us. All we require is to pause form the silly wars we like to fight with each other and spend our energy into something constructive. Perhaps the war-mongers who make their business form sale of war materials would find changing their vocation to space pursuits more profitable.

We had begun well in the era between 1968 – 1986  but somewhere down the line we simply forgot about it. Fortunately it began again a few years ago when Virgin started  thinking of passenger space ship, and the Virgin Galactic Space Hotel. What if we can have Space stations which could act as Mid-way between Earth & Moon for  (Space) Shipping ?  Imagine if the CIICESD and other such institutions come together and in the Rio+20 UNFCCC summit, and WBCSD review on their cornerstone Vision 2050 report, which calls for a new agenda for business laying out a pathway to a world in which nine billion people can live well, and within the planet’s resources, by mid-century. The report is a consensus piece that was compiled by 29 leading global companies from 14 industries and is the result of an 18 month long combined effort between CEOs and experts, and dialogues with more than 200 companies and external stakeholders in some 20 countries.

That modern human can not live its present high-carbon economy life-style, without raising the Global temperature to 3.5°C leading to catastrophic Climate Change is a given. It is also a given, that no amount of persuasion would turn the people,  me included; to  live a frugal life-style which is truly carbon negative. Centuries of industrialisation has programmed us to live in a certain fashion; we  fancy that we can make do without many things, but its wise to recognise that even the tools which we use for protest and raise awareness about climate change is in itself a product of the very same GHG producing industry and life-style. Therefore while we should be concerned about those who do not want to do ‘their bit’ we must also understand their concerns and try to work things from their perspective too.

Imagine, if the USA & Canada the non-signatories of Kyoto Protocol and the fence sitters like Russia & Japan who do not want to ratify KP2  agree to pool in their collective resources taking along the support of the BASIC Nations, to speed up the Vision 2050. The fear and uncertainty which the leading Nations face about  losing out their numero uno position would ease, because whether one likes it or not, when it comes to cutting edge science the USA still has the edge with other Developed Nations close behind. And therefore we must pamper its ego ( with some financial backing & negotiations ) to devise ways as how soon we can remove all GHG producing manufacturing units form the planet Earth.

It would not solve the energy problem though. There is no way we can produce energy in space and transport them back to Earth. For that the combination of Renewable Energy & Alternate Energy must be explored in tandem and improved upon.

But by being able to stop Mining for minerals we would perhaps be able to save the Forests. Also if we produce steel in 1/6th the gravity we could perhaps have a better product and less Smog. Thus only finished products need to be made on Earth while the smelting and mining activities taken up on the Moon. Moreover, should Nations gear up for the idea, immediate employment opportunities would arise. People would  not only require Astronauts / Cosmonauts /Vyomanauts ( Indian) who are high-end engineers and doctors but also maintenance  technicians, janitors and other services. As in the initial days the best of the best would be drawn upon, it would create more employment opportunities for those who are unemployed at present. And even on terra firma ancillary and support would itself generate more work opportunities.

Lastly, the question that is fundamental is where would we get the money for this  adventure ? Strangely, very few question the same when Nations allocate funds to their War coffers or Bale-out packages or Grants /Loans given to other Countries for vested interest. Where does that money come from? If World Leaders are able to produce and justify the source, surely they can re-allocate some for advancement of Science. Moreover its their job to create more employment and business opportunities. With present economies plateauing, new avenues must get explored.

A futuristic Green Idea for sure…but to insure we do have a future in this only living planet ..we must look beyond the obvious. And perhaps OASIS, ALBA and LDC  should do a Tharir Square   on the UNSC to have a mindset regime change. For they are going to face the brunt of Climate Change, should nothing gets done.

 

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