Oct 31 2008

Is Sustainability The New Conservatism?

Greg Berry

I’ve been reflecting for a while on the connection between truly conservative beliefs and sustainability.

I certainly don’t mean neo-conservatism (oy gevalt), nor conservative politics, which is more about slowing the pace of change (and must ultimately fail in an era of climate change and Peak Everything).  So the intellectual examination becomes a play on language, an examination on the nuance of conservation, a practical conservatism that has more to do with limiting waste and valuing the entirety of something, not just the immediate practical utility that defines grab-n-go consumerism.

I’m already weary of “green” sustainability.  I think we need to be very careful about not replacing petro-chemical-based consumerism with “green”consumerism.  In fact, I believe — as I began writing about Boulder’s Eco-Paradox this summer — that we’ve got to stop buying stuff, and not just because we’re out of money.  It’s time for a new prevailing ethic that considers the long term value of goods and services, not simply its price at the pump.

Sounds kind of conservative, really.  I think some of these values go back to my New England roots.  And although he was not a conservative in his day, much of Thoreau’s thought underpins a style of conservatism that seems to me to be related to the emerging sustainability movement.

At the same time, liberal thinking — accepting that we must find new ways to relate to our world — is an important approach if you accept the production-consumption meme of the past 50 years and the radical financial leverage (and related issues) of the past 20 as the baseline for comparison.  But it can also be argued that liberal thinking includes some intellectual slop and moral relativism that has helped midwife our current crisis.

As much as the innovative minds of our time will be transfixed on how to do things more effectively and efficiently while restoring natural resources, not just using them less quickly, and applying complex technology to things that might be solved by reducing, not adding, I think that there are some elements of conservatism that ought to be reconsidered.

Here’s an interesting piece at “CrunchyCon” (a curious conservative blog) talking about how food system though leader and darling of the sustainability movement, Michael Pollan, is really a “Burkean Conservative,” that lays out a position largely aligned with what I’m talking about.

And I’ve grown quite fond of regular discussions along these lines with Bill Shutkin, who in many ways transports a neo-Walden ideal with him from Cambridge to Boulder as the new Chair of Sustainable Development at University of Colorado.

So amidst all the half-finished metaphors, split infinitives and contradictory logic herein, this point is this: a new meme is forming, and for us to only look forward to a shiny bright green future without considering saving the conservative baby from the neo-con bathwater will perpetuate some of the mistakes we are still learning that we just made.

Today this is all still more of a supposition and inquiry than a strong position.  But in this radical transformation we’re all experiencing, I wanted to share the evolution of my own thought, and contribute somehow to the new synthesis; the chapter we are writing now.


Oct 30 2008

Peak Oil Is Confirmed

Greg Berry

If there were any doubt, a recent piece in the Financial Times leaked a report (free reg req’d) from the International Energy Agency which says that global oil production is already decreasing.

I wrote about this over at the Business Catapult blog.

Dylan said it best,

the first one now will later be last

the present now will late be past

the order is rapidly changing…


Oct 24 2008

Viva Evolution (or, How To Stop Worrying and Love The Economy)

Greg Berry

It has been an exciting few weeks, with many high-end networking events in Boulder around sustainability, investing and clean tech.  While the financial crisis remains in full swing, many investors, entrepreneurs and thought leaders are looking to the future and charting the course for the next phase in the Boulder / Colorado / U.S. economy.

Trustworthy sources are telling us about multiple 8- and 9-figure funds being raised for clean tech and sustainability investing, as well as rumors of keen interest in that space from private equity.  The rumor of Kleiner Perkins posting a one-man team at NREL to help spin out investable clean tech companies is confirmed as well — we met him this week.  Vague inquiries are coming from as far away as Tel Aviv and Sau Paolo.

Or, as my partner Kevin Johansen is saying these days, “recession my ass!”

Leading Boulder Web2.0 companies are even hosting a job fair to bring more technical talent into town, although there are also rumors of layoffs at weaker firms.  It’s going to be a mixed bag in that space, and the wheat will quickly be separated from the chaff.

If you want to escape the doom and gloom for a day, and join a more prosperous and optimistic future, look no further than the Angel Capital Summit, November 21, in Denver. Highlights include:

  • Anita Burke’s presentation on how to run a business in a world of Peak Everything (including capital, it seems).
  • 40 of Colorado’s strongest entrepreneurial growth-oriented businesses presenting investment opportunities.
  • A TOWN HALL discussion called Disrupting the Recession, where a diverse group of thought leaders will talk directly with conference attendees about how we can all come together to build an Entrepreneurial Renaissance in Colorado.
  • Surprise visit from one of Colorado’s favorite political leaders.

I’d love to know what you think about all this.  The TOWN HALL is still evolving, and your input will help make it better.

Please join us on November 21st in downtown Denver for this community gathering during a unique moment in history.


Oct 11 2008

WWBD? (what would Buffet do?)

Greg Berry

Blogged his interview with Charlie Rose over at Business Catapult blog.

Unique and interesting perspective.  Check it.


Oct 7 2008

The Future of Colorado Investing

Greg Berry

I wrote last week about transcending (and including) the current financial crisis.  The inspiration for that piece was partially grounded in a column I had written for Colorado Biz magaine, which runs today.  Assuming (as I did in the blog post) that the world continues to operate after the bailout and election, some US economic sectors will be stronger than others.  NY Times map of strong city economiesAnd all signs indicate — and even the New York Times, in a relative comparison of city-by-city economies (pw req’d) corroborate — that a strong entrepreneurial trend is sweeping Colorado.

The trend is based on what many entreprenurial thought leaders — from investors to serial entrepreneurs to the lawyers and PR pros who live through the cycles — recognize as sectors that will thrive, even during a predictably rough national economic period.  These sectors are technology (and in Colorado, especially IT and web 2.0), energy and other CleanTech / GreenTech / Sustainability companies.

In the CoBiz column, I propose a few potential results of the current Wall St. banking crisis:

Many investing “truths” have forever changed. The question is: which ones? We suspect — and a quick query of investors this week has quasi-confirmed — that core investing principles are intact, but the situational realities as to who will be an interesting funding candidate are likely to be quite different.

Intuition suggests that fewer wealthy people will be making investments, but with the investment banking sector suddenly and irreversibly (lets’ check that assumption in a few months) extinct, more money and talent could focus on growth sectors like green tech.

It’s also possible that money will re-localize. Investors will want their money to be a bit more tied to tangible nearby investments as a backlash to the ideological bankruptcy of radical derivatives. Further, as investors take a deep stock of their values, the evolution toward a more holistic investing approach will amplify.

But that’s all speculation.  What’s real is that on November 21st, forty of the strongest Colorado start-up businesses will present to hundreds of venture capitalists and angel investors at the annual Angel Capital Summit.  And at the end of that day, we will present a once-in-a-generation opportunity to “not only learn about but participate in the co-creation the future of our regional business ecology.”

With Anita Burke telling us all how to measure sustainable business practices at lunch, and the as-yet-uncomfirmed special appearance by one of Colorado’s favorite political leaders open the day, it promises to be an exciting “first day of the rest of your career” type of experience.

Hope to see you there.


Oct 7 2008

Angel Capital Report Reveals Surprises

Greg Berry

Over at the Business Catapult blog, we just wrote about the detailed and confusing report from the Small Business Administration (SBA) on angel investing.

One conclusion is that there are at least two major categories of angels — professional, accredited angels who number roughly 5,000 nationally and made just shy of 1,000 investments in 2006; and casual, unaccredited angels, who may number as many as 600,000 nationally, and could account for $20 billion injected into the US entrepreneurial economy.

In short, nobody does a good job tracking this data, because the activity is so distributed.  And while contradictions continue, we have yet to see any more comprehensive report.

Care to learn more?


Oct 2 2008

Transcend (and include) The Financial Crisis

Greg Berry

Well, it took me a while.  I came off my game for almost two weeks.

But on a drive home from an inspiring meeting with Kevin (Johansen, my Business Catapult business partner and long time co-consipirator), I fully and completely transcended (and included, as the integral school teaches) the financial crisis.  That is to say, the crisis is a moment in time, and will be over sometime soon.  The future will have to include the history and (future) present of the impact of the crisis, but we will move beyond it.  So I am THERE.

If you can make one heap of all your winnings
And risk it all on one turn of pitch-and-toss,
And lose, and start again at your beginnings
And never breath a word about your loss …

Yours is the Earth and everything that’s in it,
And–which is more–you’ll be a Man, my son!

What am I talking about?

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