Gas boom goes bust

The current boom in drilling for ‘unconventional’ gas has helped raise US production to levels not seen since the early 1970′s. This has been an incredible boon to consumers and has kept spot prices contained below $5 per million BTU for the past year, recently dropping below $3/mmbtu. Unfortunately, this price is below the cost of production for many of these new wells. When the flood of investment currently pouring into natural gas drilling operations dries up, the inevitable bust will be as scary as the boom was exciting.

Growth and free trade: Brain-dead dogmas still kicking hard

There are two dogmas that neoclassical economists must never publicly doubt lest they be defrocked by their professional priesthood: first, that growth in GDP is always good and is the solution to most problems; second, that free international trade is mutually beneficial thanks to the growth-promoting principle of comparative advantage. These two cracked pillars “support” nearly all the policy advice given by mainstream economists to governments.

Why the AGs must not settle: Robo-signing is just the tip of the iceberg

A foreclosure settlement between five major banks guilty of “robo-signing” and the attorneys general of the 50 states is pending for Monday, February 6; but it is still not clear if all the AGs will sign. California was to get over half of the $25 billion in settlement money, and California AG Kamala Harris has withstood pressure to settle.

That is good. She and the other AGs should not sign until a thorough investigation has been conducted.

Community supported agriculture

Wellington’s CSA offers a new model as a multi-stakeholder cooperative: it is currently the only New Zealand cooperative that exists for the mutual benefit of both consumers and producers. For growers, it seeks to create a return to help grow the farm, provide better farming resources, expand its own coverage, improve distribution mechanisms and promote the health values of producing food in this manner. The consumers appreciate the availability of nutritious healthy food, produced without leeching and destroying the land as modern industrial farming does, as well as the social benefits of working together voluntarily at the tasks involved in running their cooperative.

Skill sharing as a way of life

Engaging in the reskilling/skillsharing aspect of transition has revolutionised my whole attitude towards life. As I say, I didn’t really notice it at first. It’s been cumulative and all-pervasive. Paying attention to my own skills and those of fellows-in-transition, which are dismissed or ignored in the mainstream discourse: the ability to hold a meeting where everyone’s included; communicating the experience of downshifting; learning to cook and eat differently; making space so solutions can emerge in the face of energy and financial constraints, using a chainsaw, making a rocket stove at the Transition Camp!

How do we build local social capital?

If I am right in saying “the key to resilience in the coming decades will be our ability, in the moment, to imagine ways around the crises we cannot prevent, predict or plan for”, then how can we increase the imaginative capacity of our fellow citizens so they/we will be ready, in the moment?

Ending “Farmer’s Wife” Syndrome

We have used language to write women out of agriculture – out of its history, out of its present, engaging in the “housewifization” of real agricultural work. The implication that the farmer’s wife is not a farmer, and is thus knowledgeable about only kitchens and babies (as important as those things are) is a diminuation, an act of linguistic violence that erases the multiple competences of farm women, partnered or not.

Oil – Feb 6

– Oil prices will rise as supplies tighten? Hardly. (NEW)
– Energy policy and the Madness of Crowds (NEW)
– Debate rages on when oil will peak
– Too Much Energy Used to Mine, Move Bitumen Says BC Firm
– Saudi Oil Minister Calls Global Warming “Humanity’s Most Pressing Concern”

Energy – Feb 3

– Science: Live Chat: Peak Oil—Is the Well Running Dry? (NEW)
– Michael Lynch: The Unfounded Fear of the ‘Peak Oil’ Monster
– Science: Technology Is Turning U.S. Oil Around But Not the World’s
– Once, men abused slaves. Now we abuse fossil fuels
– Thomas Homer-Dixon: Our peak oil premium
– The End of Elastic Oil
– Power paradox: Clean might not be green forever
– How Much Energy Does Energy Efficiency Save?