Tag Archives: prevent

WeWork kicks meat to the curb in the name of climate change

WeWork announced a company-wide meat ban on Thursday: Poultry, pork, and red meat are officially no longer on the menu at WeWork events. And employees can’t charge meals that contain meat to the company card, either. That’s because the coworking Goliath seems to be moderately concerned that the human race is hurtling toward ecological collapse.

Like it or not, eliminating meat and dairy from your diet is probably the No. 1 thing you can do for the planet. Cutting out plastic straws? Sea turtles the world ’round appreciate it, but in terms of addressing climate change on a planetary scale, it doesn’t cut the mustard. That’s why the folks here at Grist dot org didn’t throw a party when Starbucks made plans to ditch straws and replace them with … plastic sippy cup lids. Perhaps it should take some inspiration from WeWork?

The company’s cofounder dropped the meat ban announcement on his employees in a memo. WeWork, valued at $20 billion, serves 253,000 members across the globe, and none of them will be nibbling on pigs-in-a-blanket on company premises anymore — unless they bring them from home, I guess.

The new meat ban will do the following by 2023, according to the company’s estimates:

Save 16.6 billion gallons of water
Prevent 445.1 million pounds of CO2 from entering the atmosphere
Spare the lives of more than 15,000,000 animals

While WeWork’s meat-free commitment is no doubt the most environmentally impactful step it’s taking, the company is also working to reduce its energy consumption by installing LED lights, automatic light switches, and a “global energy consumption dashboard,” something it hopes will help employees keep track of energy usage. It’s also working to reduce construction waste, increase the density of its real estate, and minimize additional construction. The company says its spaces are already 2.5 times more efficient than a typical office.

That’s pretty impressive! And to those of you who say you can’t give up meat, I ask you: Would you rather drink from a plastic sippy cup like a giant baby, or forgo the chicken skewers at your next company picnic like a well-adjusted grownup? The choice is yours. Unless you’re at WeWork, because your bosses already decided for you.

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WeWork kicks meat to the curb in the name of climate change

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Why Is the US Economy Sort of Sluggish?

Mother Jones

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A new paper from a trio of Fed researchers suggests that our recent sluggish growth is mostly a result of demographic changes and technological slowdown. The retired share of the population has increased, which means the working share of the population has decreased. Since workers are the ones who produce goods and services, it makes sense that GDP growth will slow down in an economy with fewer adults of working age. Ditto for an economy in which technological progress is slackening.

I’ve pointed out the same thing before in the case of Japan, and it makes sense. But how about in the US? The easiest way to see the rough shape of the river is to simply look at GDP per working-age adult. That eliminates most of the demographic issues. When you do this for the US, you get a trendline that still shows a decline in GDP growth: it’s down by about one percentage point since 1978.

You can also look at total factor productivity, which gives us an idea of the effect of technological change that’s independent of demographics. Over the past 60 years, it’s been pretty flat.

Both of these are volatile series, so take them with a grain of salt. That said, productivity hasn’t changed much, but GDP per working-age adult has steadily decreased anyway. This suggests that neither demographics nor technological progress really explains things. So what does?

NOTE: This bit of amateur economics was made possible by a grant from the Committee to Prevent Endless Blogging About Donald Trump. The author thanks them for their generosity.

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Why Is the US Economy Sort of Sluggish?

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