January 20, 2021

Editorial: What a Smart Energy Transition Must Look Like

first_img FacebookTwitterLinkedInEmailPrint分享From the Akron Beacon Journal:Consider that today roughly 70,000 people work in the coal industry while 88,000 work in wind power. Note that Warren Buffett and Berkshire Hathaway have plowed $15 billion into wind farms. The coal industry will be affected adversely by the Clean Power Plan of the federal Environmental Protection Agency. Yet employment in the industry already has suffered, especially going back to the 1980s, and not because of regulation for the most part.Coal mining has become more efficient, employment levels declining nearly 90 percent since the 1920s, even as production nearly doubled.Add the recent glut of natural gas, driven by new discoveries in this part of the country and the expansion of hydraulic fracturing. Amazon wants to see its storage facilities powered by renewable sources. Other companies have joined in seeking reduced emissions and lower prices, alert to climate change and the company bottom line.Thus, right here in Ohio, you can see the shift, from coal mining to jobs in natural gas and renewable energy. That is how a dynamic economy works, and Hillary Clinton, for all the grief she has taken, outlined what a smart transition must look like.Contrast what Clinton said with the words of Donald Trump during a recent stop in West Virginia: “We’re going to get those miners back to work,” adding: “The miners of West Virginia and Pennsylvania … Ohio and all over are going to start to work again, believe me.” Not in coal mines, short of an economic miracle. The Trump “guarantee,” in its way, reflects what is so discouraging about our political conversation. It is a formula for disappointment, promise big, then fail to deliver.Full item: Why coal faces hard times, and Hillary Clinton deserves better Editorial: What a Smart Energy Transition Must Look Likelast_img read more

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Spanx founder named 2019 Entrepreneur of the Year

first_imgBlakely encountered a crucial aspect of sales throughout her years of failures and rejections.  The USC Lloyd Greif Center for Entrepreneurial Studies honored Sara Blakely, CEO and founder of Spanx, as 2019’s Entrepreneur of the Year at Town and Gown Monday. Blakely spoke about her experience in business and discussed how femininity inspires her company’s image. Blakely’s goal with her business is to balance femininity and masculinity in fashion. She said the world’s issues between men and women are less about gender and more about energy. “One of the most important things in being a great salesperson is being a great listener,” Blakely said. Greif Center Executive Director David Belasco moderated the discussion with Blakely, which was attended by nearly 500 people. Belasco led the conversation by asking Blakely about her history as an entrepreneur. “He was redefining failure for me,” Blakely said. “So, failure for my brother and me didn’t become about the outcome, it became about not trying.”  Blakely realized this after her father provided her with tapes on motivational speaking in the wake of the death of her friend. She would carry this understanding throughout her career, inspiring creativity and innovation. “We all have male and female energy inside of our bodies … and I feel like the feminine has been suppressed  for a while, probably for about 3,000 years. I feel like everyone will all be better served when the feminine and male is more balanced,” Blakely said. Blakely focused her business of solving clothing issues that women had previously encountered. In fact, she acknowledged at a young age that she wanted to help women and said she was inspired by her mother and grandmother. Belasco recognizes the ties between this realization and how she founded Spanx. “Money just makes you more of who you already were,” Blakely said. Blakely remained confident in the face of these failures and even embraced them. She attributes this steadfast determination to her father, a trial attorney, who raised her and her brother to embrace failure. “Sara’s larger purpose is woven into the fabric of her company,” Belasco said.  In 2012, Forbes named Blakely the world’s youngest, independent female billionaire. During the same year, Time recognized her as one of the 100 most influential people in the world. In 2013, Blakely signed onto the Giving Pledge, a philanthropic organization founded by Bill Gates and Warren Buffett, promising to donate half of her wealth to charity. “I realized that I had just spent  16 years of my life in school being taught what to think, but no one had ever taught me how to think. It never dawned on me that I could actually control how I think,” Blakely said. Listening allowed her to think critically about the needs of the customer and to approach business as a way of thought. Blakely commented on the difference between schooling and business in their approach to thought. Eventually, Blakely became inspired to create her clothing brand, Spanx, after cutting the feet off a pair of pantyhose to wear to a party. After some difficulties getting off the ground, her product and the eventual brand became a household name.  Sara Blakely, the CEO of Spanx, was recognized as the 2019 Entrepreneur of the Year Monday evening, during an event hosted by the Lloyd Greif Center for Entrepreneurial Studies. (Ally Wei | Daily Trojan) Blakely concluded the discussion by providing her thoughts on how money affects a person. Blakely, a Florida native, started her entrepreneurial career by going door-to-door selling fax machines. According to Blakely, she was met with years of rejection and failure, but that did not discourage her from continuing her sales venture.last_img read more

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