New Economy Bulletin

March 2016

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The Quadruple Bottom Line

In the sustainability movement over the last several decades there has been a lot of emphasis on the Triple Bottom Line (TBL). In traditional business accounting the "bottom line" refers to financial profit and losses. TBL companies consider not only fiscal losses and returns but also the environmental and social losses and benefits that result from their products and business operations. TBL companies ask, "How can I minimize the environmental and social damage my company does?" TBL is most often represented by the terms People Profit and Planet.

That in itself is a major step forward toward a more fair and less damaging economy. But more recently there is a growing movement of entrepreneurs asking a different question, which is, "How can I create or work for a for-profit company that intentionally exists to improve the environment and all peoples' lives?" These companies are coming to be known as Quadruple Bottom Line (QBL) enterprises. They focus on People Profit and Planet, but also add Purpose.

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Note, this post is taken from the 3EStrategies' blog site. If you would like to receive 3EStrategies' blogs about creating a more fair, sane and sustainable/ restorative economy please subscribe (free of charge) here.

U.S.'s First Climate Change Refugees

The U.S. is now beginning to tackle what is likely to become a growing challenge -- climate change refugees. Rising sea level is inundating a community that Native Americans have called home for more than a century. In response, the federal government has issued a $48 million federal grant to support the drowning community of Biloxi-Chitimacha-Choctaw Indians to relocate to a replacement for their vanishing homeland. This is one of the first -- and so far the largest -- populations in the US to be relocated due to climate change.

Liquified Natural Gas Exports from Oregon Denied

The Federal Energy Regulatory Commission (FERC) rejected the proposal for the Jordan Cove LNG Export Terminal and Pacific Connector Pipeline because its public interest value did not outweigh the project's adverse effects.

This is another important step in keeping the Pacific Northwest from becoming another Gulf Coast of fossil fuel exports. The region is facing pressure from coal export, oil train export and LNG export initiatives.

The rejection of LNG exports is particularly important given the new data about the tremendously high methane emissions associated with fracking. Methane is approximately 30 times more powerful than carbon dioxide as a heat-trapping global warming pollutant.

Positive Trends in Development of Effective New Economy Business Model Trends

3EStrategies is making steady progress on our work with Oxfam International to identify examples of transformative, sustainable economic and business models and trends. The focus is on identifying effective business models and strategies that are increasing overall economic equality and giving people real chances to rise out of poverty. We look forward to the outcomes of this research and will share it once it is available.

Please feel free to contact us if you have any suggestions.

Cylvia Hayes (541) 617-9013