Podcast Host, Professor, Writer

Month: April 2010

Table Talk – Mombasa; seals; the culture of “I”

I have become history obsessed of late. I am writing a piece for a trade organization, The Project Management Institute, and came across this interesting factoid which I though I’d share. It is about the Port of Mombasa in Kenya which is a transport and trade hub for East Africa “The port traces its history back many centuries to a time when dhows (traditional Arab sailing vessel) called at the Old Port on the north side of Mombasa Island. The Old Port is next to Fort Jesus,which was built by the Portuguese navigator Vasco da Gama. This was during the famous spice trade between the Arabian Gulf,the east coast of Africa,the Indian subcontinent and the Far East when navigators were looking for a new route to the Far East.” It’s not usually how we think of Kenya with its recent turbulence, but it’s good to remember.

As we close the business of green month, I want to give a shout out to the New York Aquarium. I was recently there on a school trip with my daughter and was really impressed with the exhibits, and with the seal show. Throughout all they sent the message of saving the environment, an important message children should hear from early on.

Finally, I read an interesting piece in the New Yorker, “Go West” by Peter Hessler. I originally thought it would be a cowboy story, but it turned out to be a look at America’s culture of “I” (in which by writing this blog I am unabashedly participating) – how most people like to tell the story of themselves and the contrast to the culture in China where no one talks about “I”. Is there something we can learn from holding back?

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Paving the way for sustainable business in Latin America

Many years ago, when I first began doing research for Forbes billionaires, I ran across Swiss billionaire Stephan Schmidheiny. He had inherited his fortune, but had taken his thoughts on business to the next level after starting businesses in Latin America and seeing their environmental impact. He started the World Council for Sustainable Business Development by personally travelling around and getting fellow CEOs to sign up to be a part of developing sustainable programs for their companies. Check out the website, it’s a great resource.

I was more impressed with his idea to dedicate the profits of his GrupoNueva business to his non-profit, Avina, and create a symbiotic relationship with the goal of promoting sustainable development in Latin America. What does that mean? Is it more than words and nice websites? I wrote about it in my piece, “The Bill Gates of Switzerland.” Up to $30 million in profits from GrupoNueva is transferred to Avina annually and dedicated to developing leaders in Latin America who are striving for solutions to the continent’s problems.

I spoke with Martin Burt, Executive Director of Fundación Paraguaya, for the piece and he told me a story about Schmidheiny that never made it into the story. Burt had met Schmidheiny when he came to open an Avina office in Paraguay’s capital, Asuncion. He went with him to the Mburicao stream which flows into the Paraguay River. Slaughterhouses (Paraguay is a beef producing country) were dumping untreated water full of blood into the river. “There were falls of red water. It was grotesque,” Burt told me. He recalled Schmidheiny stepped into the pools of blood, and started to brainstorm ways to solve the problem. Eventually he helped support the eco-efficient solution to take the dried blood and export hemoglobin.

Avina has granted upwards of $400 million to date finding such solutions. GrupoNueva also does its part, not only by funding Avina, but also by acting in a socially responsible way.

I asked Roberto Salas, the new CEO of GrupoNueva, to write about what he sees as GrupoNueva’s goal and message, and you can find that in this week’s Speakers’ Corner. A nice way to end our Business of Green month!

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Earth Day: talking with architect Chad Oppenheim about sustainable architecture

Chad Oppenheim, a Miami-based architect spoke with me about sustainable architecture and some of his designs.

GM&I: How was green building hit during the recession?

Chad: “As oil prices dropped dramatically, there was less of an urgency. We were sheltered from the fall until July 2009 when certain projects stopped. But there is still the sentiment. I am working on a $30 million house in Los Angeles which the owner wants to do green; a hotel in China wants to go green.”

GM&I: What are prospects for green architecture going foward?

Chad: “The way we are going is not sustainable, there has to be a better way. The last 75-100 years have not been the best way to further develop this world. The Chinese are stepping up as leading manufacturers in solar, wind and that effort transcends through architecture; at the same time, they are still building dirty coal plants.

GM&I: What is the global standard for green architecture?

Chad: ” The US is the most organized. LEED is well executed and marketed. France has a similar stamp. Abu Dhabi is building one based on LEED. The Swiss don’t have a catchy marketing tool, they just build highly efficient buildings. Eventually there will be standard green building codes similar to what the ADA did with standardizing disability ramps, etc.”

GM&I: What are some of the best standards being put in place?

Chad: One of the many things that LEED discusses is the atmosphere of buildings for example no toxicity in paint. A lot of these things are coming in line because of health and safety issues, over time air quality can be hazardous to your health. In France there is even code around acoustics, acoustical pollution.

GM&I: What is the cost of going green?

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Table Talk – Female astronauts; Silicon Valley shut out; et al

I first heard of the four female astronauts in space in a Tina Fey monologue on SNL two weeks ago. Fey said something like ‘if you told anyone in the 70s about four female astronauts in space it would be in reference to a porno, but today it doesn’t even make news’. I didn’t know what she was talking about, was it a joke? So I checked. And it is true. According to a piece in a UK paper, it is “a record for the most women in space” nearly fifty years after “the Soviet Union put the first woman into orbit.” So why aren’t we talking about it? I ran it by a couple of girlfriends who also had not heard the news. Ok so Iceland has a volcano, China an earthquake, Poland a tragic air crash. But this is history here…or do we still only tell history from a male point of view?

Then I read, “Out of the Loop in Silicon Valley: In the Wide-Open World of Tech, Why So Few Women?” by a former colleague of mine Claire Cain Miller (we overlapped at Forbes magazine) and I started fuming. She starts with this story which I have to share again because it is so telling: ” CANDACE FLEMING’S résumé boasts a double major in industrial engineering and English from Stanford, an M.B.A. from Harvard, a management position at Hewlett-Packard and experience as president of a small software company. But when she was raising money for Crimson Hexagon, a start-up company she co-founded in 2007, she recalls one venture capitalist telling her that it didn’t matter that she didn’t have business cards, because all they would say was “Mom.” Another potential backer invited her for a weekend yachting excursion by showing her a picture of himself on the boat — without clothes. When a third financier discovered that her husband was also a biking enthusiast, she says, he spent more time asking if riding affected her husband’s reproductive capabilities than he did focusing on her business plan. Ultimately, none of the 30 venture firms she pitched financed her company. She finally raised $1.8 million in March 2008 from angel investors including Golden Seeds, a fund that emphasizes investing in start-ups led by women.

Is this the world in which I am raising a daughter? It is supposed to be better than this. So I found Parenting’s “5 Skills Every Kid Needs” to be helpful because it still is an imperfect world.

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Green Spaces and Best NYC Places – Williamsburg, Brooklyn

It’s celebrate the earth week and green is the new black. Looking around my neighborhood of Williamsburg, Brooklyn, what I don’t see enough of is green. It ranked 20th in New York Magazine’s best place to live issue last week with one of the reasons being poor access to green space. To be sure, McCarren Park is great. Saturdays there is a wonderful farmer’s market (love the fresh flowers and crazy variety of mushrooms), there is community composting (North Brooklyn Compost Project), and a dog park (way too many dogs in this neighborhood). This Sunday there is an Earth Day Celebration from 11am-4pm. But this teeny tiny park is being stretched thin — on a sunny day, it seems all 125,000 people living here (according to New York magazine) try to grab a patch of green.

This human morass is what I am thinking of when I say nay to how some high-flying developers foresee remaking the Domino Sugar Factory and the adjacent waterfront area. The idea is on display at the Center for Architecture and it’s called “The New Domino“. I understand the city’s desire to remake the waterfront. Brooklyn Bridge Park has completely transformed an area once full of dilapidated warehouses; there is more to come as the development continues to snake down Brooklyn’s edge. Plans for the East River waterfront in Manhattan and a park for Governor’s Island are equally ambitious.

So why does our waterfront get uber-expensive high rises and not enough green? Brooklyn Bridge Park will also have apartment and hotel buildings in what a New York Times article calls the “encroachment of private development on what should be public space.” But this New Domino is even worse with several tall cookie cutter towers. That’s not green, that’s black.

One of the many reasons I love this neighborhood is because it is short. I have a view of the Williamsburg bridge lights over 15 blocks away and I can see how the traffic is flowing on the BQE. And I love that Domino factory; my Dad worked there for many years. I would like for it to continue to exist in some way – perhaps housing for families which is in dire need in this ‘hood – but the area around it should all be green. Sure the North 5th Pier is a neat walkway with views of Manhattan, but it’s not green, it’s a wood path and the East River State Park needs a serious facelift.

I want a real park, real green spaces, and I don’t want to live in Park Slope.

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Krugman, Mahon on Climate Change

Sunday’s New York Times Magazine cover story, “Building A Green Economy” by Paul Krugman was a great primer on possible solutions to global warming and a call for action on climate change. Guest writer Tim Mahon carries the same message, but from a Christian perspective; his Jesus Wants US to Stop Global Warming provides a new look at the issue for naysayers.

Krugman also argues “cap and trade is a reasonable way to create those incentives” – that is, incentives for climate change solutions. But a February piece in Harper’s, “Conning the Climate: Inside the carbon-trading shell game” by Mark Shapiro laid out the execution problems with current cap and trade schemes around the world, namely ways the big companies were gaming the system.

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Table Talk – what I’ve been reading

Great piece in April 4, 2010 New York Times Magazine about photographer Roman Vishniac who chronicled prewar Eastern European Jewish life. The piece points out some of his images were manufactured and brings up again the question of what is truth, and what does personal perception bring to historical memory. The pictures in particular were amazing and make me want to see more of his archive.

I finished Lady Chatterly’s Lover this week. Connie’s thoughts on Venice – “Too many people in the piazza, too many limbs and trunks of humanity on the Lido, to many gondolas…too many pigeons…too many languages rattling…too much sun…” – written by D.H. Lawrence circa 1928 are still so true,  even despite the ban on pigeon feeding in St. Mark’s Square. To see heaving masses swarming on the canals, it’s no wonder Venice is sinking!

Speaking of Italy, Sunday’s NYT Travel cover, “Mangia, Mangia!” on eating family style in Italy was wonderful. The best food I’ve had in Italy is at large gatherings of friends and family where everyone participates in the feast making. There are also small family style restaurants tucked here and there that give the same experience. The key is in the ingredients – local and fresh; I never gain weight there. (and I can’t say the same here even though I try to be a locavore!)

Started Mrs. Adams in Winter by Michael O’Brien; it’s a bit dense on the historical detail which the New York Times Book Review did point out. But I love the descriptions of Russian court life and how America’s earliest diplomats fared.

Speaking of Russia, Maly Drama Theater’s performance of Uncle Vanya at BAM is amazing. It helps to understand Russian because much was lost in the translation they had running on the top of the stage. Chekhov is amazing. And a Hollywood bonus, Maggie Gyllenhaal and Peter Sarsgaard were at Friday’s performance.

And I completely disagree with Ben Brantley’s review of The Addams Family with Bebe Neuwirth and Nathan Lane. It might not be intellectually stimulating but it is fun – when we went the other week to celebrate my dad’s birthday we were rolling in the aisles – and that is worth the price of the ticket.

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Being Green: Recycling Books

Books for NYC Schools event this Saturday, April 10, collecting gently used books for pre-K to 12th grade. The event will take place at the Center for Fiction, 17 East 47th Street, one of the event sponsors (and a great resource for writers, they have a writing studio and classes and a great collection of books; neat history too – it was started by merchants before public libraries existed). The other sponsor is ReadThis, which is a group of writers, committed to providing books where needed. Great way to recycle those books that don’t fit on the bookshelf but shouldn’t be thrown away.

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Spring and the Business of Green

Consecutive 70 degree days in NYC and I finally feel Spring is really here!

April’s theme at Global Markets is the Business of Green. We have some interesting guest writers to come, and I will be looking at what green means in Central and Eastern Europe. A friend of mine in Romania who is planning to put solar panels on his roof led me to an organization dedicated to promoting green building in the region. Central and Eastern Europe has definitely gotten a boost from the European Union’s very strong green movement. For example, Armenia has launched an EU-funded Web portal Renewable Energy Armenia. Ukraine  has benefitted from green funding from the European Bank for Reconstruction and Development. Georgia is exploring a carbon credit program. Some countries have longer to go than others – the coal mining towns in Ukraine’s East need much cleaning up after the pitfalls of Soviet industrialization. The scariest information I ever heard was when I took a demography class with Murray Feshbach who has been chronicling the death of the environment in Russia for decades. He is now with the Woodrow Wilson Center.

For more “green” info check out Ecoseed which says it is a comprehensive green news site.

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