Decarbonisation challenge

The energy transition is difficult, not least because people cannot agree on which solution to pursue. People are concerned that the world will go down the wrong path and bring us to the brink of a different disaster instead. Yet we are arguing with each other in front of the ticking time bomb of climate change while the problem of huge amounts of carbon emissions continues.

Behind these ‘energy transition experts’, the energy users are beginning to realise they must take charge of their future energy destiny. There is not going to be a straight-forward answer but they will have to figure out what works for them while decarbonising their energy use. And this is why government and policymakers ought to continue ensuring proper pricing of carbon in their system, and defining standards to track and trace the carbon emissions along supply chains.

The basic operating principles are: (1) ensuring emissions data is tracked and that (2) carbon emissions are priced (it can be paid for by anyone in the value chain as they ought to be able to pass on the price until it hits the ultimate direct emitter so that they are incentivised to lower their emissions). These two principles would already do wonders without complexifying things.

The oil majors want us to find energy transition difficult. They want to be the ones to empathise with the huge challenge ahead of us. Because if we are discouraged and slow things down, we can at least buy more fossil fuel in the meantime. Or we can find ways of paying for carbon dioxide removal directly from their fuel emissions or from the air so that it is fine to continue using fossil fuel. Those are more obviously the wrong paths we don’t want to go down. The more natural gas you use right now that comes from the geological reserves, the more empty caverns available for these players to store carbon dioxide in the future.

It’s not easy to cut through the smoke; and we can definitely be more careful with the process by which we arrive at the ideas we have strong convictions about. But if we can keep to those principles and to try and keep solutions simple, we can get to the answer.

Reframing our relationship with earth

This ad campaign by Activista, mainly targeting Space X on Earth day – I believe that was in 2021 – is brilliant. It helps to put things into perspective in terms of how we approach our resources and earth.

The message still rings true today and in many ways, it is saying something about the human heart. Our wandering heart often wants to look for something else to sustain ourselves. Something else that may not be designed to sustain us, but we want to make it what our lives depend upon.

Yes, as a Christian, I’m talking about Christ, who provides the salvation we need when we are wandering about seeking salvation through our work, relationships and other forms of addiction in our lives.

Economics and efficiencies

Dr Janeway’s article on False Economies highlights some of the philosophical underpinnings of the modern, capitalistic study of economics that drives the system to behave in ways that endangers the entire economy’s long term prospects at times.

There were so many different themes brought out in the article that is worth more investigation and appreciation. The point that Arrow-Debreu’s work points to the fact that our markets in reality would never be efficient is something that we do not embrace enough of – especially in public policy.

The lack of political courage and unwillingness to be accountable to policy decisions drives the notion that we must ‘leave things to the market’. And today, with the world facing the climate challenge, I do not believe that the market is the solution to deal with the challenge. The political will to align incentives, define standards and mobilise efforts is necessary.

The recent Oxfam study about the rich getting richer faster than the poor being uplifted shows that, indeed, we have enough money to deal with the world’s problems. But far too often, it is either in the wrong hands or working towards the wrong goals. Economics assumes the market would direct resources to the ‘right goals’ but this goal-selection process at present is dysfunctional.

March to mediocrity

The challenge of industrialising some kind of process, expecting things to move in a “business as usual” fashion is that it tends to decline towards mediocrity. There would be people expecting to just pick up how to do things once and then coast to keep things as status quo.

Yet the issue is less to do with this group than the leadership. Leaders who try to tighten things ad hoc rather than develop a culture of continuous improvement will discourage staff from improving themselves but instead see improvement as being able to guess what the boss wants. Yet if we are unable to see the mission of the organisation, only the boss, then the march stops when the boss is gone.

And the march towards mediocrity starts when leadership becomes weak and is formed from previous generations of followers who never learnt how to drive the mission independently.

Fast followers

Being a fast follower is a good strategy; it allows you to take in the lessons from those who have tried and failed first. It is even a strategy that enables you to become a leader from public’s eyes.

But the challenge for the fast follower who gained leadership status is falling into the trap of thinking they are the leader. Their skills in curating what they learnt from the mavericks, scaling what was small and bringing things to market fast, are not going to be suited for what is required to take real leadership: influencing the market, uncovering innovation from their own values and principles.

They may have to pivot at some point when they’ve outcompeted all those whom they were fast-following.

Humanity in courts

This might be the first time tears have welled in my eyes as I read a news article. I was moved, perhaps, by the judge’s humanity. There was so much latent grief embedded in the case itself: the unreconciled relationship, unexpressed emotions, pent-up difficulties, and struggles that weren’t understood.

How different would the world be if we brought more of our humanity to our work, our relationships and our lives?

Newly ripened grain

Amongst Christians, perhaps even non-Christians, people know of this story about Jesus feeding of five thousand. And this really large scale miracle work probably pushed His name out far and wide during those times.

What I realised is how that story about God feeding many with a little (that was a small gift) isn’t something new. In 2 Kings 4, through Elisha, God brought about a small miracle of multiplying food for men.

“Then a man came from Baal Shalisha, and brought the man of God bread of the firstfruits, twenty loaves of barley bread, and newly ripened grain in his knapsack. And he said, “Give it to the people, that they may eat.” But his servant said, “What? Shall I set this before one hundred men?” He said again, “Give it to the people, that they may eat; for thus says the Lord: ‘They shall eat and have some left over.’ ” So he set it before them; and they ate and had some left over, according to the word of the Lord.”
– ‭‭II Kings‬ ‭4‬:‭42‬-‭44‬ ‭NKJV‬‬

My heart was moved after reading this passage, realising how much Jesus was even amplifying some of the grace shown to Israel by God in earlier episodes. The feeding of the five thousand in my mind now is no longer just about Jesus’ compassion and provision. It is another imprint of God’s unchanging love for His people through the ages.

Jesus’ ministry during the 3 years when He was active really amazing brings out the person of God within a short time. To say He lived and fulfilled scriptures was one thing, but when you really study the scriptures further, it just amazes you how much Jesus truly did that. And even more so, that life was one that taught and enriched our understanding of God.

Having the desire to emulate Christ is good, but it cannot be done without understanding. And the only proper way to gain understanding besides living out life and experiencing it, is through the word of God.

Pie-eating contests

Charlie Munger once said of the legal profession that it was very much like a pie-eating contest where the winner gets to eat more pie.

I laughed at that.

Because many other professions are the same. The capable staff gets more work to do; and having proven himself, gets promoted into handling more responsibilities.

But for most part, workaholics love their pie.

And to a large extent, for some, they don’t care about winning or losing at pie-eating. What matters to them is they get to eat pie.

Maybe that appreciation for work is what we need. Not to obsess so much over the winning or losing but instead, focus on the pie. And when the pie is no longer tasty, you quit. Because there wasn’t so much at stake to begin with.

Forgiveness and repentance

Someone asked whether God forgives every single sin conceivable or possible. Most likely, the person asking the question thinks of ‘sin’ as some immoral, atrocious deed. As Christians, we see sin as inherently a rebellion against God and His order.

So, I’d answer that God, indeed, can forgive every single sin. And He has shown that by sending Christ to die on the cross. He made Christ pay the price for every sin.

The follow-on question, of course, is, “So why isn’t everyone saved?”

That is because I’d continue, “Every sin is forgiven, but not every sinner is repentant.”

The modern narrative about wrong-doing and forgiveness is such that forgiveness is an antidote against resentment, as if the forgiveness is for the victim or recipient of the wrongdoing, rather than the wrongdoer. And then that’s it; we say nothing about the wrong-doer or the part he/she has. Apologies? Making a restitution? What if that is beyond the person? The very least is repentance. Repentance is an appreciation of what sin constitutes, acknowledgement of culpability, and recognising the forgiveness for what it is, and subsequently being liberated from the guilt.

Waiting for standards

There are lots of excuses to choose from for a business to avoid the sustainability pressures upon them. Especially those who doesn’t want to have anything to do with activities that are not geared towards generating profits. One of them is the lack of standards in terms of what constitutes being sustainable.

And so the wheel turns and regulators churn out a whole bunch of different kinds of standards: CSRD, TCFD, GRI, CDP, SASB, UN SDGs – and all of them are basically reporting standards.

Technically they don’t tell you exactly what being a sustainable business is about; but they do emphasize some aspects and bring to fore different aspects of the business that may not be captured in more traditional business disclosures.

Nevertheless, no one is going to be able to tell you what is the ‘sustainability standard’ threshold that marks your business as being sustainable. There are ways to look good in each of those disclosure standards of course – and businesses sure knows how to cherry-pick the ones. The whole industry could even gear up to pander to that kind of work.

Yet at the heart of building a sustainable business is really considering the relationship of the business with everything else other than profits. And only you as the leader, the business owner, the manager, the employee can make decisions that determine how sustainable the business it. The metrics that you care about will naturally be tailored to your business.

You don’t have to wait for some regulators or the ‘market’ to make up their mind.