Stewardship Shifts
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An Unconventional Classroom : Interdisciplinary STEM Education and Outreach Through Container Farming on Campus View Digital Media
Innovation Showcase Marvin Payne, Tabetha Johnson
The Guided Pathways to Success Title V team at La Sierra University utilizes a hydroponic shipping container farm to create high-touch, interactive programs for students. The collaboration includes faculty from a dozen departments to offer a two-week STEM Bridge program for incoming first-year students. In addition to STEM activities, students design a public relations campaign, packaging and price points for maximum profit. This interdisciplinary approach introduces students to career pathways-- many within STEM, all within one business; farming high-end lettuce. Daily soft skills workshops include financial literacy, leadership, problem-solving, flexibility and campus resource introductions. We also discuss representation in STEM, the importance of access and of including all voices. Students leave the two-week intensive with a network of peers, faculty contacts, employable skills and a curiosity to discover, create and innovate. The university Enactus team uses another container farm as an operational business, selling lettuce back to campus food services. In a campus-community partnership, Enactus also integrates multi-faceted community outreach with local schools into container farming. Through our presentation, audience participants will experience interactive demonstrations of inspired, innovative educational partnerships where buy-in from internal and external entities creates one-of-a-kind learning experiences for students. We also consider the financial aspect of operating a hydroponic shipping container farm and the potential for revenue generation. We outline how institutions can create programs like these to make learning exciting and engaging for underrepresented and underprepared students, exposing them to STEM fields, increasing potential for success, and ultimately benefiting the overall community.
Money and Sustainability: Can Sustainability Concerns Modify the Roles of Money? View Digital Media
Paper Presentation in a Themed Session Yonghyup Oh
This paper studies how money is considered in the literature of sustainability and sustainable development. The findings are reviewed with the literature of money. The paper answers the question if concerns of sustainability would bring any new elements to the mainstream economics of money. A conceptual framework is proposed to support this exploration.
The Green Stock Market Bubble View Digital Media
Paper Presentation in a Themed Session Thorsten Lehnert
One might argue that there are some obvious parallels between today’s market for sustainable assets, and tech stocks just before the dot-com bubble burst. Indeed, before 2000, due to the small scale of production and a low probability of a large-scale adoption, the risk of the new technology was initially mostly idiosyncratic. As the probability of adoption increased, the new technology affected the old economy and with it the representative agent’s wealth. The resulting increase in systematic risk depressed stock prices in both the new and old economies, because it pushed up the discount rates. Similarly, given the high probability of a large-scale adoption of the new ‘green technology’, it is likely that there is not only a bubble forming in green energy stocks, but the boom is affecting the stock market as a whole. I apply a recently developed recursive testing procedure and dating algorithm that is useful in detecting multiple-bubble events. Using S&P 500 stock market data, price-dividend ratios, I identify the well-known historical speculative bubbles and find an explosive movement in today’s market starting in June 2021, which can be associated with the new ‘green technology’. I find that an explosive movement in green stocks started roughly a year before it was migrating to the whole stock market. I argue that this is a good bubble, because by allowing the companies to make cheap green energy investments, the bubble could speed our shift away from carbon fuels and help to combat climate change.
