This past week I read the yes portion of the market reading. When reading this passage it really gave me an understanding on the market approaches and the challenges of international climate negotiations. In the yes section I learned about cap and trade, carbon taxes, and the best approaches to reduce carbon. One thing that stood out to me was the Pigovian tax. Pigou had thought that if someone is responsible for generating negative externalities, then they should have to pay for it. I thought this was interesting because today we have a system very similar known as cap and trade. For example, a limited number of licenses to emit a specific pollutant, like sulfur dioxide, are issued. Economically, the cap and trade system produces the same incentives to reduce pollution as the Pigovian tax, with the price of a license serving as a tax itself.
Visiting the wicked problem website was also very interesting and fun. I learned many things about wicked problems and what they are all about. One of the characteristics that was interesting to me about a wicked problem was that every wicked problem is a symptom of another problem. The interconnected quality of socio-economic political systems illustrates how, for example, a change in education will cause new behavior in nutrition. This is interesting to me because wicked problems are all about cause and effect. This helps us better understand wicked problems in a way by looking at each cause toward the problem and helping break it down to find a better solution for it.
Another thing I learned about while on the wicked problems website was about social entrepreneurship. Social entrepreneurship is all driven by awareness of a problem and having a passion to solve it. The company that I studied on was Patagonia. Though not thought to be, Patagonia is a company that believes in sustainability and promotes it. Patagonia has released ads encouraging people to not buy things they don’t need, and even meant their products included. They also implemented a program to repair rather than replace their products. Not only that but Patagonias wetsuits are made of natural rubber and plastic bottles are turned into parkas. Patagonia also recognizes the importance of political action on the environment and has made voting for eco-friendly leaders a cornerstone of its sustainability message. This is very important to have leaders that know what is going on and will be in charge to change something about our world problems. This ties into portraying the current state method to people. By using current state I think it is a good way to show awareness of where our earth is at and where it could be headed to alert and push people into changing their behaviors. I personally think that educating people is the best way to share awareness. Showing what could happen to not only our globe but potentially the human race is also one of the best ways to alert people.
For my final report I am addressing the wicked problem of textile waste. My plan to attack this problem is to know the causes of this problem, and also the sub causes of those. By understanding the cause and effect of the problem, it will help me find a way to better solve the problem. Not only this, but understanding the potential devastation it could cause gives me more knowledge on how to spread awareness. I will first educate people on this problem. This involves informing people on the causes and effects of textile waste and also the potential damage it could cause. I will also spread awareness of recycling (upcycling and downcycling), which would reduce the amount of textile waste by some amount. Another message that could be sent is to cut down on the consumption wanting and to reduce the amount that people spend. Lastly, it needs to be said that companies need to start making more sustainable clothing that will last, eco-friendly clothing, and that trashing clothes is not the way to get rid of them.