New Maritime Law at UN Protects Ecosystems

ocean shore

Pirates love the high seas and so do illegal fishers and poachers; heck cruise ship companies love the high seas as a place to dump sewage. All in, we don’t respect the ecosystems in the oceans because there’s only a few laws that can be broken and enforcement is weak. That’s about to change. 193 nations at the United Nations have agreed to a new way to protect the high seas, a big boon for aquatic species.

Covering almost two-thirds of the ocean that lies outside national boundaries, the treaty will provide a legal framework for establishing vast marine protected areas (MPAs) to protect against the loss of wildlife and share out the genetic resources of the high seas. It will establish a conference of the parties (Cop) that will meet periodically and enable member states to be held to account on issues such as governance and biodiversity.

Ocean ecosystems produce half the oxygen we breathe, represent 95% of the planet’s biosphere and soak up carbon dioxide, as the world’s largest carbon sink. Yet until now, fragmented and loosely enforced rules governing the high seas have rendered this area more susceptible than coastal waters to exploitation.

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Putting Eco Back in Economics

Traditional economists ignore reality to justify their thinking, and anyone who studies economics is well aware of this. From the myth of the “rational human” to trickle down economics, to the very idea markets are “natural” all ignore the actual state of the world and people. Due to the mainstream adoptions of these myths (and others), researchers interested in economics are pushing back and trying to revive the field to better reflect reality.

One such effort is found in ecological circles which are trying to get policymakers and thinkers to acknowledge that the planet itself is key to economic practices.

Ecological economics offers an opportunity to make the transition to an economic system that is designed to promote human and planetary health from the outset, rather than one where social and environmental externalities must be constantly corrected after the fact. Important ideas from ecological economics include the use of a multidimensional framework to evaluate economic and social performance, the prioritisation of wellbeing and environmental goals in decision making, policy design and evaluation that take complex relationships into account, and the role of provisioning systems (the physical and social systems that link resource use and social outcomes). We discuss possible interventions at the national scale that could promote public health and that align with the prioritisation of social and ecological objectives, including universal basic income or services and sovereign money creation. Overall, we lay the foundations for additional integration of ecological economics principles and pluralist economic thinking into public and planetary health scholarship and practice.

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Investing in ESGs Pays Off

Solar Panel School

If you have money to invest you sure will want to invest in a company with a good environmental, social, and governance (ESG) record. New research has revealed that companies that have strong ESG policies become more profitable. The traditional arguments for good ESG policies are based on good public relations, worker retention, and that it’s just the right thing to do. Now people championing ethical capitalism through ESG have another argument to make.

Infosys research found that a 10-percentage-point increase in ESG spending correlated to a 1-percentage-point increase in profit growth. This occurred relatively quickly: 41% of respondents surveyed said they experienced a return on their ESG investment within a two- to three-year window.

ESG efforts include looking at how much renewable energy a company might purchase and at cutting greenhouse-gas emissions, even going all the way to net-zero emissions, and as a result, lowering energy bills. Other efforts might focus on bringing more women or people of color on as board members and can even inform the “G” in ESG — governance. Good governance might include transparency with shareholders or linking CEO compensation to progress in the “E” and the “S” areas.

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Protests Work: Ontario to Repeal Anti-Worker Legislation

Last week the Conservative Ontario government did what was previously unthinkable in Canada: take away charter rights from people who work. This unprecedented act was met with widespread opposition from unions coast to coast as the Conservatives made it clear that collective bargaining (like NHL and MLB players have) will no longer be respected. People said no and launched massive protests defending worker’s rights and now the weak Conservatives admitted they were wrong and will repeal their legislation.

Protesting works and don’t let anybody try to convince you otherwise.

“(Workers) took on the Ford government and the government blinked,” said CUPE national president Mark Hancock.

Opposition to the law had been gathering steam over the past several days and the unions used the press conference to give Ford a glimpse of what he faced had he not promised Monday morning to repeal the law.

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Strikes Work for Everybody: How We Got Maternity Leave

Presently in Ontario the Conservative governemnt has used “the nuclear option” to take away rights from workers. Not going to lie: it’s really bad, like Canadian Charter of Rights are no longer relveant bad.
The union the government is picking on is primarily made up of women and many of them aren’t even earning a living wage. The Conservatives want to pay them less and are fining them more than a month’s wage everyday they’re on strike.
Where’s the good news?
Histrorically labour actions make the working world better for everyone. Given how much damage the Conservatives have done to the averaging working person in the province we have nowhere to go but up. Just like back in 1981. One union’s strike brought the entire country of Canada maternity leave.

With negotiations going nowhere, CUPW went out on strike. Their demands were multifaceted, but maternity leave was singled out by capital, media, government, and the public.[3] In turn, maternity leave was deemed egregious, unnecessary, and even greedy. Risking it all, postal workers and their allies fought for forty-two days and won. Their victory reverberated across Canadian society. Other unions quickly followed suit and, before long, the government institutionalized and expanded maternity leave to equalize the playing field. What started out as a gain for postal workers quickly turned into a gain for all Canadian women.

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