Insight and inspiration in turbulent times.
My apologies to Ray Stevens, writer of the 1970s hit “Everything Is Beautiful,” the lyrics and title of which I’ve morphed into the title of this piece. But with that I note the perpetual bullishness of the financial industry in the face of what is really an ongoing debt deflation. Every incident, every turn of events is summarized by the industry as a “bullish development.”
Craft3 aims to build regional resilience in the Pacific Northwest by focusing investments in rural and urban centers, and in Indian country
Bill Rees discusses cultural denial and how we could start adapting to our ecological challenges through a new cultural narrative. From the recent International Conference on Degrowth in the Americas.
At the end of March, when Brent traded at around $125 per barrel, Saudi oil minister Ali al Naimi wrote a sharply worded article in the FT claiming there was no justification for such high oil prices, and Brent has since slumped to $100, which happens to be the Saudi target price. The decline is likely to be temporary, however, and Mr al Naimi soon shown to be as influential as King Canute…
-For first time in years, the world is producing more oil than it needs
-Bill Reinert Describes What the Future of Energy Looks Like to his University of Colorado Audience
-The Saudi Oil Problem
-Citi’s Ed Morse Has A Huge Note Blasting Everyone Who Believes In Peak Oil
-The Oil Bubble Is Popping, But Will It Pop Down To $67?
-Aggregate factors in the price of oil
Commons are not just common goods or assets. They are not “things” separate from us. They are not simply water, the forest, or ideas. They are social practices of commoning, of acting together, based on principles of sharing, stewarding, and producing in common. To ensure this, all those who participate in a common have the right to an equal voice in making decisions on the provisions and rules governing its management.
The military imperative is to prepare. In many ways, it’s leading the way in the development of new energy sources, said Brandon Fureigh, advocacy director for the Truman National Security Project. And with a massive budget and an oversized carbon bootprint, the military is in a good position to drive innovation. “The military has always been a good testing ground for technology in general and one reason is they have a large budget,” he said, noting how ideas sparked by military research trickle into the general business arena. Its budget for clean energy has tripled in the last four years to $1.2 billion.
We ran our latest Transition Thrive in the Green Backyard which is an urban garden, meeting space and inspiration for the Peterborough in Transition (or PinT) project. Mandy Dean and I had the unusual but very welcome opportunity to work with the PinT group for two days. Our intention was to facilitate them to fulfil their wildest dreams, while keeping their feet firmly on the ground; to take their next steps in Transition. And to sprinkle some inspiration dust and enjoy our time together.
-Eating the Seed Corn? Consumption in the American Economy Since 1929
-The Pernicious Dynamics of Debt, Deleveraging, and Deflation
-Aggregate factors in the price of oil
-Keiser Report: Paper Money Collapse
The Euro appears to be a marriage of incompatible partners. A June 1st article in the UK Telegraph titled “Why Europe’s Love Affair with the European Project Is Ending” reported that two-thirds of 9,000 respondents thought that having the euro as their single currency was a mistake.
For Greece, it was a tragic mismatch from the beginning; and like many a breakup, it is really about money.
A midweekly roundup of peak oil news, on developments this week
After Part One, this is Part Two of my thoughts on some of the energy related themes of this ASPO conference and where we find ourselves now.
