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Welcome to the 23rd 2021 edition of The Nett Report. We began publishing this report in 2020 to provide our clients and friends with new perspectives and insights in hopes of stimulating creative thinking. Please feel free to forward to a colleague! Links to the 2020 reports can be found here and the 2021 reports here.

 
 

 
 

The Political Divide

Leon Panetta the highlight of California Economic Summit

I spent the better part of this week in Monterey at the California Economic Summit. The event is hosted annually by California Forward, a nonprofit organization that leads a statewide movement, bringing people together across communities, regions and interests to improve government and create inclusive, sustainable growth for everyone. The event included more than 500 attendees and a host of prominent speakers, including former Secretary of Defense Leon Panetta, Speaker Pro Tem Tony Atkins, and Governor Gavin Newsom. The summit had a key focus on funding to help regions develop future-looking plans and the money to implement those plans. The meeting’s highlight for me was this set of quotes from Secretary Panetta:

  • We lead by leadership or by crisis. If there is no leadership you have crisis, and we have had too much of that recently.
  • In the end I believe in the importance of leadership in this country. Whether you are Democrat or Republican, we care about the same issues, and they are American issues.
  • The best check we have is “we the people.”
  • Government is about making the lives of people better. We need to be doing everything we can to give our children a better life.
  • We are blessed to live in the greatest country on earth. Embrace that. You can make difference in the lives of people. If you have done that, you have fulfilled your role.
 
 

 
 

Climate Change

“Clean energy is too white and too rich”

Another speaker at the Summit, Jeffrey Wallace, President/CEO of LeadersUp, said "clean energy is too white and too rich." According to Wallace:

  • The cost of using clean energy is too great for low-income Americans,
  • Clean energy jobs mainly go to white workers, and
  • Profits from clean energy businesses also go to mostly white, wealthy investors.

E2 report says more than 3 million work in clean energy

Environmental Entrepreneurs (E2) has released a new report documenting the clean energy jobs in every Congressional district in the U.S. The report is one of a series released in recent years. E2 says “clean energy is a critical job creator in every state – employing 1 in every 50 American workers. More Americans today work in clean energy than as lawyers, police officers, farmers, firefighters, kindergarten teachers, and mail carriers combined.” However, a September 9, 2021, E2 report on diversity in the clean energy sector confirmed Jeffrey Wallace’s observations. "Lack of diversity in clean energy technologies threatens to cause women, Hispanic and Latino workers, and black workers, in particular, to miss out on one of America’s great economic expansions.”


When will we stop idolizing decadent lifestyles that contribute to climate change?

America Magazine, a Jesuit publication, in a November 11, 2021, story, questions how serious we are about climate change when we idolize decadent lifestyles. The story uses the wedding of Getty heiress Ivy Love Getty as an example. The festivities included “endless theme parties; the complete takeover and redesign of San Francisco’s City Hall; a wedding dress made entirely out of broken mirrors, and IV drips the morning after some events (no, really).” Ironically, “the wedding occurred not only as the COP26 climate change summit was taking place in Glasgow but on the Global Day for Climate Justice, during which hundreds of thousands of people all over the world marched to push leaders to do more about climate change.” The article concludes that “Ms. Getty’s dress-of-broken-mirrors couldn’t be more fitting. Obviously, this sort of decadence is exactly what the world cannot afford. The fact that the Getty fortune was built on the very oil consumption that is now in danger of extinguishing much of life on this planet only adds to the obscenity of it all.”


Beer drinker vows to quit - at the rate we are addressing climate change

This piece from The Shovel is hilarious and serious at the same time. The word “climate” doesn’t appear, but this story about a man who vows to quit drinking beer in 2050, when he will be 101, is the perfect corollary to how seriously (or not) we are addressing climate change.

 
 
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The Future of Work / The Economy

It’s time to bring healthcare into the digital age  - Paul Markovich, CEO, Blue Shield, at the California Economic Summit

Today we have to run on two legs: financial performance and social performance. Any company that forgets the first one can’t help on the second one -  L’Oreal CEO Nicolas Hieronimus


How remote workers are holding down two full-time jobs

According to Fortune’s November 1, 2021, CEO Report, these are some finding from a ResumeBuilder survey of 1,250 U.S. adults who have full-time jobs as remote workers:

  • 69% say they also have another job.
  • 37% said that second job is also a full-time job. 32% said it is part-time.
  • Of those with two jobs:
    • Just over half said one of them was their own business, and it existed before the pandemic.
    • Another quarter started their own business during the pandemic.
    • Just under a quarter said neither of the jobs is their own business.

How do they manage two jobs? They work extra hours or neither job gets a 40-hour week. Only 18% worked 80 hours or more and 45% said 40 hours or less. The remainder said 50-70 hours.


Home prices to keep rising at near double-digit rates

According to a November 1, 2021, article in Fortune, housing prices are predicted to keep rising at near double-digit rates in 2022. The article cites four major reasons for the continuation of the trend:

  • Although rates are up from a couple of months ago, they’re still extremely modest versus history.
  • The government-sponsored agencies that guarantee the vast bulk of America’s home loans are loosening standards. That’s creating more leverage for buyers.
  • Inventories of houses for sale are extraordinarily slender. Loads of buyers are bidding for a narrow choice of listings that sell fast, a dynamic that’s driving prices skyward.
  • In the work-from-home economy, many people no longer need to live within commuting distance of their offices. The work-from-home economy has unleashed millions of people from commuting to jobs in core urban areas or living in expensive urban metros.
 
 

 
 

Covid-19

It’s still here …


White-tailed deer carry SARS-CoV-2 and may be transmitting it to humans

A November 8, 2021, article in The Conversation concluded that “white tailed deer are a huge reservoir of coronavirus.” Antibodies to SARS-CoV-2, the virus that causes COVID-19 in humans “were found in 40% of deer tested from January to March 2021 across Michigan, Pennsylvania, Illinois and New York state.” A second unpublished study detected the virus in 80% of deer sampled in Iowa. The researchers concluded that deer are actively transmitting the virus to one another. "The scientists also identified different SARS-CoV-2 variants, suggesting there have been many human-to-deer infections."

 
 

 
 

The Nett Light-Side

Video: why sharks mistake humans for prey

This quick split screen video from an  October 26, 2021, story in Science clearly shows why sharks sometimes confuse humans for prey.


Your dog could be “gifted” if it tilts its head

We’ve all seen dogs that tilt their head when they look at you. Now a new study, reported in an October 28, 2021, Science article, says “gifted dogs” make the gesture before correctly identifying a toy.


2021 weather photo contest produces some stunners

For a moment of beauty around weather, all you need to do is to click on this November 10, 2021, article in Petapixel to see the winners of the 2021 Weather Photo-of-the-Year contest.

 
 

 
 

Nettleton Strategies — Helping People to Think

Carl Nettleton is an award-winning writer, acclaimed speaker, facilitator, and a subject-matter expert regarding water, climate, sustainability, the ocean, and binational U.S. Mexico border affairs. Founded in 2007, Nettleton Strategies is a trusted source of analysis and advice on issues at the forefront of public policy, business and the environment.

 
 

 
 
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Nettleton Strategies

P.O. Box 22971
San Diego, Ca 92192-2971
U.S.A.
+1 858-353-5489
info@nettstrategies.com
www.nettstrategies.com

 
 

 
 

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