TOMS + Movember

Recently I came across the TOMS shoes blog. There’s tons of interesting posts about how they’re making the world a better place; however, one that caught my attention was an entry about Movember. There was all sorts of facts about men’s health, and the coolest part was that they’re producing special edition shoes for the occasion. There was also personal stories from some of their employees discussing what Movember means to them.

This further solidified my feeling that TOMS is such a forward-thinking company. They are of course known for their One For One program, the cornerstone of the franchise (For every pair bought, another pair is donated to a child in need). Also, TOMS has many smaller projects, such as partnering with university clubs.

My interest in TOMS was really sparked after attending a presentation about creative capitalism. I was amazed by Blake Mycoskie’s vision, and his passion for improving children’s lives. In this day and age, our world needs many more people like him. I’d like to be rich someday too, but I’d love to get there by helping our world, not destroying it. The 99% camping on Wall Street may have a point here.

Digging up the dirt on data centres

Johnson Kim’s blog discusses the recent success of Dropbox, an internet program that “utilizes cloud technology to store data on servers [and synchronizes] data from one electronic device to another”. I would like to offer a different perspective on the subject of cloud computing.

Ever wonder what powers the internet? Facebook? iCloud?

 

 

 

 

 

 

 

 

Data centres. These facilities, the size of many football fields, consume vast amounts of electricity, operating 24/7/365. For example, Apple’s new $1B iData Centre in North Carolina consumes as much energy as 80,000-250,000 homes; it was largely constructed to support their “awesome” iCloud system. According to a Greenpeace report, in 2007 world cloud computing consumed more electricity than all of Canada. To make matters worse, most server farms source power from cheap, polluting coal.

 

 

 

 

 

 

I would bet that 99% percent of Facebook’s users aren’t aware that updating their status contributes to climate change. Indeed, the same report shows that Facebook and Apple are the two IT companies most reliant on coal energy (about 50%).

Although the emergence of cloud computing is seen as great and revolutionary by most, there is an unknown side that hides behind the bright facades of Apple, Dropbox and others. If left unchecked, these companies won’t change, either. Why pay more when you can pay less?

 

The (Black) Gold Rush

Thanks to Alberta’s tar sands and shale deposits in the US, North America is emerging as one of the world’s strongest oil producers. We are increasing our energy security – control of crude grants tremendous power over other nations. One thing I like is that if we can stop buying from the middle east it will cut America’s indirect funding of terrorist organizations in countries such as Saudi Arabia.

That aside, let’s consider how exactly we are producing this black gold. According to Oil Sands Truth, the Athabasca tar sands produce “at least three times the CO2 emissions as regular oil production”. Furthermore, the project’s massive tailings ponds seep contaminated water into the ecosystem, creating health risks for communities downstream. Sourcing oil from shale deposits isn’t so great, either. As Quinn Blunderfield explains in his blog, the required “fracking” process uses large amounts of energy and also contaminates precious groundwater.

 

 

 

 

 

 

 

 

A solution for the future? Hardly.

Our system needs an overhaul – it always surprises me how we can invest so much time, money and energy into processes that are destroying a world on the brink of catastrophe. Sure, they create jobs. But so will a new green economy. Let’s go, North America.

For more on these topics see National Geographic and The Globe & Mail.

60% Off Blackberry Playbook

The price of Blackberry’s tablet has recently dropped by 60% at retailers such as Best Buy and Sears. The cheapest model is now $200, down from the $500; such a dramatic cut is alarming for the Playbook’s future, which was considered RIM’s only real hope in reviving its crippling franchise. Originally criticized for being hastily released, the tablet lacks Blackberry’s strongest features such as email and calendar applications.

Nevertheless, many reviews have touted it as a smooth and snappy piece of technology, and predicted it to be one of the iPad’s strongest competitors. Why, then, has this project failed so miserably? Blame it on a fruit.

The tablet market was created by Apple with the introduction of the iPad; while it was new and “revolutionary”, as Steve Jobs likes to say, it was really just an enlarged iPod Touch. The foundations were there – all they needed was a powerful marketing pitch. I feel that it’s because of this fact, and Jobs’ skill at making the consumer feel the need to have his product, that the iPad succeeded so tremendously. The latter enjoyed enormous first mover advantage, and all other mobile tech companies have been struggling to catch up since.

For more info, see The Globe & Mail and their video review.

 

Who is John Galt?

Lululemon recently introduced shopping bags with the words, “Who is John Galt?”, a phrase from Ayn Rand’s contentious novel Atlas Shrugged. The 1957 work is based on Rand’s objective philosophy, advocating that the moral purpose of one’s life is the pursuit of one’s own happiness or self-interest. The book was widely frowned upon by both literary critics and academics; however, it maintained sales and a certain group of followers over time.

As this general philosophy can easily divide opinions and people based on its moral implications, I was surprised that Lululemon chose to produce these bags. According to Toronto fitness instructor Sarah Kurchak, “it’s a clash with yoga values.” The company’s bold choice seems to be splitting its followers, almost as if the effect is, “Are you with us, or aren’t you with us?” Indeed, the comments on Lulu’s blog response are all strongly for or against the new bags.

I believe Lululemon is a great company: it has defined a new style for Vancouverites, and generally promotes values of happiness, love and peace through yoga. My opinion on the bags is that if you like them, great, and if you don’t, wait ’till they stop making them – it’s only a bag.

For more info visit The Globe and Mail.

Keystone XL Controversy

According to US House Energy and Commerce Committee chairman Henry Waxman, the Keystone XL pipeline is “a multi-billion dollar investment to expand our reliance on the dirtiest source of transportation fuel currently available”. The proposed project plans to transport up to 1.3M barrels of oil daily from Alberta’s Athabasca Oil Sands to Houston, Texas and many refineries in the southern US. Recently the project has encountered resistance in Nebraska: the proposed route passes through the Sand Hills wetlands, as well as the Ogallala Aquifier, one of the world’s largest sources of fresh water. Consequently, American president Barack Obama has postponed his decision on the pipeline until after the next election, pleasing environmentalists and infuriating oil companies. According to analysts the delay may cost TransCanada up to $1B.

While I would prefer that nobody exploit the tar sands, this pipeline will not be aborted. Hence, if activists can negotiate the rerouting of the conduit away from fragile ecosystems I would be fairly satisfied. On the other hand, I’m appalled that TransCanada would have planned to pass through these regions in the first place. Anything to save a few bucks, I suppose.

For more information, see Wikipedia and The Globe & Mail.

 

 

Appnovation For All

Appnovation technologies is a company that provides technology solutions for clients around the world. More specifically, they develop (web) applications, services, corporate websites, e-commerce websites, and more; some of their clients include Reebok, NBC, World Wildlife Foundation, and American Express. Founded in 2007 by Sauder School of Business alumni Arnold Leung, Appnovation has grown quickly, reporting $1M of revenue in 2008 alone. In 2010, the company was named #16 on Profit Magazine’s Profit Hot 50 list, and Leung was named BCD’s 2011 Young Entrepreneur of the Year for British Columbia.

Judging by their posted 2008 revenues, Appnovation has created substantial wealth, and quickly, too. The business of web development can be quite risky – many have entered the market and many have also failed. One risk of doing business in this field is that one can rarely predict where the market is headed in the future, due to the ridiculous rate of technology advancement. Hence, being innovative is a prerequisite in the tech industry; Appnovation is paving their own road with a high level of cross-platform integration. Leung has clearly found an unserviced market niche to exploit and has done very well so far. More information can be found on Appnovation’s web site.

The (Red) Bull Market

While most consumer companies spend millions of dollars on TV and bus stop advertisements that have little effect in enticing customers, Red Bull, the Austrian energy drink pioneer, is taking a completely different approach. Dietrich Mateschitz’s enterprise benefitted from having the first mover advantage; this doesn’t, however, guarantee long term success. Red Bull essentially manufactures two products – the classic recipe and a sugar-free variant. How did they sell $320 million of their product in 2010? Grassroots marketing. By tapping into the collective efforts of brand enthusiasts, Red Bull has created a strong brand image and loyalty for a relatively low cost.

Rather than promoting their drinks, Red Bull aims to sell a lifestyle, an attitude and a sense of a somewhat irreverent community. As Marc Gobé, the CEO of a New York-based branding firm, points out, “the beauty of Red Bull is that it’s the antibrand brand.” Red Bull’s other tactic is the sponsorship of extreme and motor sports, and music festivals. Furthermore, their web site’s home page contains no mention of the drink whatsoever.

Check out the video on one of their many endeavours:

The Art of Flight w/ Travis Rice

 

11 Electric Cars in Iceland?

Iceland: the country with more geothermal energy than it knows what to do with. Drilling 2000m below ground allows access to steam produced by the island’s 130 volcanoes, providing an infinite supply of free, green electricity. With the emergence of electric vehicles, one might expect the nation to have jumped on the bandwagon. Not so – according to a Reykjavik newspaper, there are exactly eleven eV cars in all of Iceland.

When I first read this I was shocked and somewhat infuriated: at this point in time, how can such waste be justified? Unfortunately, it turns out that Iceland may not be the best place for the vehicles of the future. Much of the country’s roads are unpaved, being better suited to thirsty SUVs. Furthermore, cold temperatures would have a devastating impact on the vehicles’ battery life, drastically reducing range; also, most of the cell’s energy would be expended in maintaining cabin temperature.

Looking to the future, Iceland’s scientists are currently testing CarbFix, a process that separates CO2 from volcanic steam and pumps it back underground to form limestone. While unrelated to the issue of electric vehicles, if successful the experiment could be a viable method of sequestering carbon, a vital part of the fight against climate change.

To read more, see The Globe & Mail and Inhabitat on CarbFix.

 

France strikes oil deal with new Libyan regime

On September 1, amid ongoing civil war, France struck a deal with Libya’s interim rulers to secure rights to one-third of the latter’s oil reserves.

Libya is suffering a bloody civil war, escalating from an uprising against long time dictator Muammar Gaddafi. Defiant rebels have been supported by European air force, namely France and England; without this aid, the rebels would surely have been defeated by forces loyal to Gaddafi.

The ethical issue of France’s subsequent actions is significant: the country of Libya has torn itself apart with months of violent clashes between compatriots. Amid this chaos and uncertainty, France has jumped in and made a deal with the rebels, securing rights to exploit 35% Libya’s oil reserves. France is clearly taking advantage of Libya’s disorganization; having rights to one-third of their oil is essentially being responsible for one-third of Libya’s primary source of income. As oil resources become more scarce in the future, power and world influence is slowly shifting to states controlling these reserves. France has therefore secured a hand in controlling a large portion of oil reserves, without much cost to itself and while taking advantage of a country that has been fighting itself and in a state of fear for months.

 

Original article: http://articles.timesofindia.indiatimes.com/2011-09-01/middle-east/29953280_1_oil-reserves-oil-production-libyan-oil-fields