Nate Hagens from the University of Minnesota spoke at KAUST's Winter Enrichment Program (WEP) 2018 about the intersection of energy, human behavior, and economics. Hagens argued that society functions as an energy-dissipating "superorganism," with human preferences correlated with increasing energy needs. He emphasized that energy, not money, is the real capital, but global society is running out of it. Why it matters: The talk highlights the importance of viewing society through an ecological lens, particularly in the context of the GCC region's reliance on energy resources.
A KAUST article discusses the future of energy, highlighting the role of hydrocarbon fuels and the need for sustainable practices. Professor Tadeusz W. Patzek's paper emphasizes finding sustainable bridges until alternative energy sources become viable. The article contrasts optimistic and pessimistic views on energy sustainability, drawing parallels to the whale oil industry. Why it matters: The piece highlights the tension between continued reliance on fossil fuels and the urgent need for alternative energy sources and reduced consumption in the GCC region and globally.
This article discusses conscious investing and its potential in the Middle East, particularly in light of unprecedented market conditions. It argues that investments should align with values and aim for positive global impact, moving beyond solely maximizing shareholder value. Conscious investing can be as profitable as traditional investing while addressing social and environmental challenges. Why it matters: The piece advocates for integrating ethical considerations into investment strategies within the region, which could lead to more sustainable and socially responsible economic development.
KAUST and MEWA's Aquaculture Development Program (ADP) showcased achievements at the 6th International Saudi Aquaculture Development Workshop. New fish nutrition formulations developed by KAUST Beacon Development (KBD) could save Saudi Arabia $417 million per year in aquaculture production costs by 2030 through improved feed conversion ratios. KBD has also established complete production cycles for Sobaity and Gilthead seabream under Red Sea conditions. Why it matters: These advancements boost Saudi Arabia's food security and promote sustainable aquaculture, reducing reliance on imports and diversifying the economy in line with Vision 2030.
KAUST's Winter Enrichment Program (WEP) 2016 will focus on sustainability with events including lectures from the Governor of SAGIA on science's role in developing sustainable industries in Saudi Arabia, and seminars on climate change featuring international and KAUST experts. A workshop will evaluate freshwater and resource use in the global food supply chain and discuss alternative food production technologies. Dr. Stefan Hindersin will also introduce the world’s first 'Algae House'. Why it matters: This program highlights KAUST's commitment to addressing critical sustainability challenges facing Saudi Arabia and the world through research, innovation, and knowledge sharing.