Creating the next industrial revolution, by paul hawken, amory b. Hunter lovins previous industrial revolutions made people 100 times more productive when low percapita output was limiting progress in exploiting a seemingly boundless natural world. Hawken the ecology of commerce and amory and hunter lovins of the rocky mountain institute, an environmental think tank, have put together an ambitious, visionary monster of a book advocating natural capitalism. Natural capitalism financial definition of natural capitalism. A renowned author and champion of sustainable development for over 35 years, hunter has consulted on business, economic development, sustainable agriculture, energy, water, security, and climate policies for scores of governments, communities, and companies worldwide. Natural capitalism taking natural capital into account. Hunter lovins, contributions to other works on sustainability and climate change, as well as resource books to understand the importance of natural capitalism. Radically increase the productivity of natural resources.
That post included a video embed of lovins presentation during a march 28, 2014 symposium sponsored by the thayer school of engineering at dartmouth titled three mile island 35th anniversary symposium. Lovinsis the research director and cfo of rocky mountain institute rmi. Amory lovins, author of natural capitalism, considers the big unfinished task of the twenty first century to. But as a coiner of the term, and as one of the two authors of the book, i can tell you that natural capitalism is in no way meant to imply or be a justification or bull work to capitalist systems, which i think, are basically pathological. Income from natural capital includes yield from trees and plants. The basic driver for natural capitalism is the limited availability of natural resources.
Review of natural capitalism by paul hawken, hunter lovins. Emerging possibilitiesa new type of industrialismthe loss of living systemsvaluing natural capitalthe industrial mindset the emerging pattern of scarcityfour strategies of natural capitalism radical resource productivityputting the couch potato of industrialism on a dietan economy of steady service and. A coauthor of factor four earthscan, 1997 her latest book, climate capitalism, will be published in 2011. Dramatically increase the productivity of natural resources. The next industrial revolution by hawken, paul, lovins, amory b. Then, natural resources were abundant and labor was the limiting factor of production. Sustainability capitalism can the free market be used to jumpstart the switch to sustainability. Calmly and confidently, the mustachioed guru of ecoefficiency explains how natural capitalism can save money and the planet both at the same time. But now, theres a surplus of people, while natural capitalnatural resources and the ecological systems that provide vital lifesupport servicesis in decline and relatively expensive. Natural capitalism was coauthored by paul hawken who has proposed similar ideas in the ecology of commerce and growing a business and amory and l. Paul hawken and amory and hunter lovins write that in the next century, cars will get 200 miles per gallon without compromising safety and power, manufacturers will relentlessly recycle. From the rocky mountain institutes page on the related book, written in 1999 by paul hawken, amory b. In the packed ballroom of a glittering downtown hotel, amory lovins is working his magic.
The first industrial revolution inaugurated 200 years of unparalleled material development for humankind. Lovins is a cofounder and the chairman of rocky mountain institute rmi, a nonprofit resource policy center in snowmass, colorado. Hunter lovins on feb 22, 2000 news on climate in the time of coronavirus subscribe today. President and founder intellectual capital, consulting, education l.
Natural capitalismcreating the next industrial revolution. Creating the next industrial revolution paul hawken, amory b. Last week at the rocky mountain institute 2009 conference, michael potts, rmis ceo moderated a panel of luminaries celebrating the tenth anniversary of natural capitalism, the seminal work by. Natural capitalism solutions, hunter lovins new nonproft working to make global society more sustainable and profitable. What are the four principles of natural capitalism. Roadmap for natural capitalism rocky mountain institute. Sep 30, 1999 readers are offered a view of the sustainability movement during the late 1990s in natural capitalism. Hunter lovins, contributions to other works on sustainability and climate change, as well as resource books to.
Three misleading statements in a 15 second sound bite. Natural capitalism proposes four core shifts which must be the constitutive elements of a strategy for sustainability for any. Most businesses still operate according to a world view that hasnt changed since the start of the industrial revolution. They are embarking on a journey toward natural capitalism, a journey that comprises four major shifts in business practices. By way we extract, process, transport and dispose of a vast flow resources 220 billion tons a year. Nov 05, 2000 in his recent bestselling book natural capitalism coauthored with his exspouse l hunter lovins and ecoentrepreneur paul hawken he describes how an enlightened form of capitalism, retuned to seek ecoefficiencies, would save the environment, stimulate the economy, increase employment and bridge the gap between rich and poor. Hawken lovins do not recognize social capitalinstitutions explicitly but focus on four forms of. His titles include let the mountains talk, let the rivers run. Natural capitalism is a proposed business and social development driven by the rocky mountain institute rmi us and developed by experts paul hawken and amory lovins. Through fundamental changes in both production design and technology, farsighted companies are developing ways to make natural resourcesenergy, minerals, water, forests. Creating the next industrial revolution paul hawken, amory lovins, l. She is a founding professor of sustainable management at presidio graduate school, and a consultant to companies around the world. A revaluing of the services nature provides, versus old style capitalism. In natural capitalism, three top strategists show how leadingedge companies are practicing a new type of industrialism that is more efficient and profitable while saving the environment and creating jobs.
A 40year plan for energy amory lovins 48,799 views 3,767 questions answered ted talk. Forests, topsoil, grasslands, wetlands, oceans, coral reefs, the atmosphere, aquifers, tundra and biodiversity are limiting factrs the natural capital on which. Pdf a road map for natural capitalism researchgate. Amory lovins conversation with history natural capitalism october 28, 2008, with amory lovins, chief scientist, rocky mountain institute. Amory lovins is interviewed by satish kumar in this. In the next industrial revolution already under way we will have abundant people and scarce nature, not. Service and flow economy is the third principle of natural capitalism. The journey to natural capitalism involves four major shifts in business practices, all vitally interlinked. Hunter lovins defines natural capitalism at the great valley center conference on may 6, 2009.
Amory lovins is the coauthor of factor four and natural capitalism. Hunter lovins is the president and founder of natural capitalism solutions. Feb 22, 2000 an excerpt from natural capitalism by paul hawken, amory lovins, and l. Creating the next industrial revolution hawken, lovins and lovins, 1999. We are offering this important title as a new book item in connection with dolphin blue. Dramatically increase the productivity of natural resources in the.
Emerging possibilitiesa new type of industrialismthe loss of living systemsvaluing natural capitalthe industrial mindset the emerging pattern of scarcityfour strategies of natural capitalism radical resource productivityputting the. Amory lovins is the author of a new dynamic effective business in a circular economy 4. An excerpt from natural capitalism by paul hawken, amory lovins, and l. Natural capitalism natural capitalism is based on respecting and learning from the natural order of things. Amory lovins is interviewed by satish kumar in this article from the januaryfebruary 2000 issue of resurgence. You can listen to amory lovins speaking about natural capitalism as broadcast on radio nationals background briefing duration 48, or hear shorter segments wherever you see the loudspeaker symbol. The book lays out an approach not only for protecting the biosphere but also for improving profits and competitiveness. Natural capitalism assumes that goods and services have a value apart from their potential sale price on the. Paul hawkens bestselling books include blessed unrest, natural capitalism, and the next economy. Their early embrace of natural capitalism is even more important to. Natural capitalism assumes that goods and services have a value apart from their potential sale price on the market. Manufacturing products requires huge material and energy inputs, most of which ends up as waste or pollution. This video interview was conducted on 7 august 2008 by dr wayne visser, senior associate.
No one would run a business without accounting for its capital outlays. Creating the next industrial revolution is a 1999 book on environmental economics coauthored by paul hawken, amory lovins and hunter lovins. Hunter lovins is president and founder of the natural capitalism solutions. Hunter lovins, cofounders of the rocky mountain institute, a nonprofit resource policy center and consulting firm. A service and flow economy model as a new business model has shifted a business from a traditional manufacturing of selling goods to the one which delivering a flow of service. Not all companies can profit from the shift of the business model. In other words, natural capitalism assigns an economic value to stewardship of the planet. Hunter lovins is the president and founder of natural capitalism solutionsncs, a nonprofit formed in 2002 in longmont, co.
Natural capitalism, by paul hawken, amory lovins and l. Earths ability to sustain lifeincluding economic activityis threatened a. Amory lovins is chairman and chief scientist, rocky mountain institute. Readers are offered a view of the sustainability movement during the late 1990s in natural capitalism.
Pdf a road map for natural capitalism hunter lovins. Hawkenlovins do not recognize social capitalinstitutions explicitly but focus on four forms of. From sourcecode tv, this interview with hunter lovins, on the book natural capital. Yet most companies overlook one major capital componentthe value of the earths ecosystem services. With a more determined line of argument hawken, lovins, and lovins do not only forecast the next industrial revolution but simultaneously initiate it by publishing this book. Innovation for profit, jobs and security and reinventing fire. Natural capitalism may not guarantee particular outcomes, but it will ensure that economic systems more closely mimic biological systems, which have successfully adapted to dynamic changes over. Learn vocabulary, terms, and more with flashcards, games, and other study tools. Lovins is active in crafting policy around the world in the fields of energy, resource, environmental development, and. A few hours ago, i posted a blog titled amory lovinsspeak. This primer is meant to be used as a complement to the new book, natural capitalism paul hawken, amory lovins and hunter lovins, little brown, 1999. An excerpt from natural capitalism by paul hawken, amory. Creating the next industrial revolution by paul hawken, amory b.
Lovins, l hunter lovins and paul hawken 1991 business strategies built around the radically more productive use of natural resources can solve many environmental problems at a profit 9. But the costs and the consequences are now everywhere evermore apparent. Please see the area below the ordering info for other links related to this book. A call to save the earth,the essential amory lovins, winning the oil endgame. However, natural capitalism is even more and bigger when it comes to its statements about the future of the industrial world. Natural capitalism many of the ideas of the sustainability model have been put in economic terms in natural capitalism. His basic thesis is that we must move from the economy. Hunter lovins is a cofounder of rmi and the president and founder of natural capitalism, a firm that helps organizations create sustainability strategies, in boulder. It describes the natural capitalism approach to improving profits, competitiveness, and the environment.