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DSCI 493/593 Sustainable Business Operations

DSCI 493/593 Sustainable Business Operations. Spring, 2012 Prof. Mark E. Ferris. Topics. Guest Speaker Dr. Bishwa Koirala Environmental and Natural Resource Economics Climate Change and Energy Efficiency Dept. of Economics SLU Economic Forces in Sustainability

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DSCI 493/593 Sustainable Business Operations

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  1. DSCI 493/593Sustainable Business Operations Spring, 2012 Prof. Mark E. Ferris

  2. Topics • Guest Speaker Dr. Bishwa Koirala • Environmental and Natural Resource Economics • Climate Change and Energy Efficiency • Dept. of Economics SLU • Economic Forces in Sustainability • Discussion Climate Change” and the “Controversy” • The Tragedy of the Commons

  3. Goals • Students should be able to develop writing skills that are essential to critical thinking. • Students should be able to interpret theoretical texts and be able to communicate their developing ideas to their peers. • Students should be able to construct a coherent argument and support it with evidence which will allow them to participate in class discussions and debates. • Students should be able to understand, appreciate and constructively criticize multiple perspectives, including their own.

  4. Climate Change & Controversy • Discuss the case for climate change • What is the so-called “controversy?” • Report out on reasons for the controversy • Report out the final conclusion with evidence to support • Ray Anderson TED talk – Business Logic of Sustainability • http://www.youtube.com/watch?v=iP9QF_lBOyA

  5. What is different about Economics of Sustainability? • Limited Resources • The Commons • Externalities • Regulations • Market solutions

  6. The Story of Stuff • The Materials Economy - System • Extraction • Production • Distribution • Consumption • Disposal • http://www.youtube.com/watch?v=gLBE5QAYXp8 • Discussion: Agree/Disagree

  7. Tragedy of the Commons • An old idea – animation • http://www.youtube.com/watch?v=EZFkUeleHPY • Nobel Laureate Economics: Elinor Ostrom • http://www.youtube.com/watch?v=ByXM47Ri1Kc • Discuss

  8. Different Views of Economy • Carbon Economy by The Economist • http://www.youtube.com/watch?v=cju6Zi4OT54 • Libertarian View of Resource Constraints • http://www.youtube.com/watch?v=AcWkN4ngR2Y • Discuss: What me worry? The market will solve all economic scarcity problems.

  9. Group Project: The Business Case for Sustainabilty Video • Take a look at Ray Andersons TED Talk “The Business Logic of Sustainablity” • http://www.youtube.com/watch?v=iP9QF_lBOyA

  10. This Week in the Public’s View • New York May Ban Shark Fins – NYT and PEW • http://www.nytimes.com/2012/02/22/nyregion/bill-in-albany-would-ban-sale-of-shark-fins.html?_r=1&scp=1&sq=ban%20on%20shark%20fin&st=cse • http://www.pewenvironment.org/news-room/press-releases/pew-statement-on-proposed-new-york-shark-fin-ban-85899371326

  11. Homework • Read “The Sustainability Imperative” by David Lubin & Daniel Esty Harvard Business Review Write a 1 page summary of the article. • Write a 2 page paper analyzing how to deal with “The Tragedy of the Commons” • Write a 1 page speaker review paper. • Continue developing your strategy for creating the “The Business Case for Sustainability” video. • http://www.youtube.com/watch?v=TMkPCL59hNM

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