"System change is now inevitable. Either because we do something about it, or because we will be hit by climate change. '...

"We need to develop economic models that are fit for purpose. The current economic frameworks, the ones that dominate our governments, these frameworks... the current economic frameworks, the neoclassical, the market frameworks, can deal with small changes. It can tell you the difference, if a sock company puts up the price of socks, what the demand for socks will be. It cannot tell you about the sorts of system level changes we are talking about here. We would not use an understanding of laminar flow in fluid dynamics to understand turbulent flow. So why is it we are using marginal economics, small incremental change economics, to understand system level changes?"

Thursday, October 22, 2009

Vote Today on AGU Governance Changes

All members are being asked to vote on the changes that the Council has approved. The proposed changes expand the Council, focusing it on science, and they move the fiduciary responsibility for AGU to a newly created, smaller Board of Directors. The proposed Bylaws outline the working relationship between these two groups; the modifications bring AGU’s governing documents into alignment with District of Columbia requirements and reflect current practice in not-for-profit governance.

If you need more information before voting, the governance vote web page more fully explains all aspects of the proposed changes. There you’ll find FAQs, a video of AGU leaders talking about the proposed changes, and explanations of the specific changes in governing documents.

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