Year: 2011

The new recession

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We’re at the end of growth. Growth of the economy, of consumption, of wealth. That this would happen isn’t news to those who’ve followed the writings of Meadows, Heinberg, and many others. What’s different now is that it may have actually arrived. I’d like to briefly look at our current situation in this context and synthesize the various ideas we explored in previous posts.

Redesigning business

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In Extraenvironmentalist #24 we speak with reformed lawyer, business thinker and blogger Patrick Andrews about how the failure of business to understand our ecological reality presents an opportunity to introduce new business structures that can prevent groupthink and allow responsible stewardship. We discuss how businesses that seek only profit are failing to actualize the power that business transactions have to transform our world. Can the failure of our economy allow us to reimagine business?

“Drilling Down”: Tainter and Patzek tell the energy-complexity story

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Joseph Tainter and Tadeusz Patzek are authors of a soon-to-be-released book called”Drilling Down: The Gulf Oil Debacle and Our Energy Dilemma.” This book is not simply the story of the Gulf oil spill (although it does tell this story, quite well). Tainter and Patzek use the story of Gulf oil spill as the background for discussing the energy-complexity spiral, and its relationship to this accident.

Deep economics – October 3

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-Why an understanding of money creation is essential to financial reform
-This economic collapse is a ‘crisis of bigness’
-The real recession never ended
-Functional deficits for dysfunctional America

Three strikes and you are out? – commentary

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Daniel Yergin, whom the media have consistently designated as one of the world’s premier experts on energy matters–and who has a consistent track record of predicting higher oil production levels–has been very visible of late, especially with a in the Wall Street Journal, focused on why concerns about Peak Oil are misplaced. I thought that it would be useful to review how some of Mr. Yergin’s prior predictions regarding oil prices, production and exports in the 2004/2005 time frame have turned out, now that we have several years of post-2005 price, production and export data. Following is a brief summary.

Call me a FOCer: Big ideas under a big sky

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My final week as the director of CASSE was beyond belief. It included oddities such as bear poop, a speeding ticket, a discussion of steady state economics on horseback, and the juxtaposition of ostentatious consumption (an iconic billionaire’s vacation mansion) and humble sharing (an iconic poet/philosopher’s willingness to impart his lifelong wisdom). It also offered an opportunity to pause and reflect on humanity’s predicament, a reflection that produced feelings of hope for the future. All the while, I felt like the dumbest guy in the room.

#OccupyWallStreet – Oct 2

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– Occupy Wall Street: FAQ
– The Bankers and the Revolutionaries (NYT’s Nicholas Kristof gives it a thumbs up)
– Keep It Simple, Keep It Real
– Declaration of the Occupation of New York City (official statement)
– A Tale of Two Rallies
– Coverage by Guardian, BBC, NY Times
– Young activist covers Occupy Boston

Tough Oil: Five public health challenges of petroleum scarcity

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“There are no solutions, only responses,” says EHS professor Brian Schwartz, co-director of the Program on Global Sustainability and Health and a nationally recognized expert on the health consequences of peak oil. “You can deny climate change forever, but you can’t deny the rising price of oil. The limitations to ever-increasing production are a geologic reality.”

The coming era of petroleum scarcity is “probably the most underreported issue of our time,” says Schwartz, MD, MS. He and Bloomberg School colleagues have spent much of the past decade looking at how ever-more-costly petroleum will affect some of the key drivers of public health, and what strategies we should adopt now to minimize future health consequences.

Crisscrossing the Rubicon of peak oil

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Even as symptoms of peak oil begin to manifest themselves, the public remains ignorant that stringency in oil supplies lies at the heart of them (though peak oil is admittedly part of a complex web of problems related to our broader energy and resource use). Why is this so?

From the long view the level of oil production on a graph in this decade may well look like a peak. But from closer in, as we experience it day to day, month to month, and year to year, production may seem to be on a long, bumpy plateau.