The good news:
- An inventor has developed adjustable glasses which could bring better vision to a billion of the world’s poorest people: Josh Silver, a professor of physics at Oxford University has created glasses with lenses that can be “tuned” by the wearer using small knobs, eliminating the need for prescriptions or specialist equipment. Silver’s idea is stirring example of how simple technological interventions can sometimes be the most elegant. Small is beautiful after all.
- A campaign has been launched to encourage people in the rich world to donate 10% of their money to help the poorest people in the world. Once again proving that there are academics who venture beyond the ivory tower, moral philosopher Toby Ord (again, from Oxford University) has pledged to give away a third of his £30,000 a year salary this year, with 10% year on year after that. His new website – Giving What We Can – allows visitors to enter their post-tax earnings, to see where they rank in the global rich list, which is adjusted for Purchasing Power Parity. It then calculates the number of lives that could be saved or school hours bought with your donation, and suggests a handful of very effective and targeted aid agencies to support. Of course, at nef we believe that there won’t be a way out of global poverty unless we very quickly put a stop to climate change, and introduce fundamental changes to the global financial system. But working to change the economy shouldn’t stop us from donating to save lives here and now.
- There is still a chance of a climate deal at Copenhagen. Less than a day after Barack Obama announced that he didn’t think there was enough time to secure a global deal on climate change mitigation at the UN COP15 in Copenhagen, Chinese president Hu Jintao and Obama issued a joint statement promising to press for a deal next month.
The bad news:
- Peak oil is closer than we thought, due to deliberately distorted figures, according to a senior official at the International Energy Association. The Guardian reports that the whistleblower has accused the USA of forcing the IEA to “underplay the rate of decline from existing oil fields while overplaying the chances of finding new reserves”.
- The average global temperature is likely rise by 6°C by 2100 if no action is taken according to an international study from the Global Carbon Project. Mark Lynas, who compiled scientific research on this subject for his Royal Society prize-winning book Six Degrees, writes that amount of warming would “cause a mass extinction of almost all life and probably reduce humanity to a few struggling groups of embattled survivors clinging to life near the poles.”
- Lord Griffiths perpetuates the myth that inequality is somehow ‘good’ for us.The Conservative peer – who is also the vice-chair of investment bank Goldman Sachs – tried to justify the bonus culture of the City by telling an audience that “inequality is a way of achieving greater opportunity and prosperity for all”. Richard Wilkinson, of the Equality Trust, provided a rebuttal, while nef‘s own research in The Great Transition shows that inequality could cost the UK alone up to £4.5 trillion over the next forty years, because of the social problems it causes.