Insight and inspiration in turbulent times.
Global oil consumption increased by 0.7 percent in 2011 to reach an all-time high of 88.03 million barrels per day, according to new research conducted by the Worldwatch Institute for its Vital Signs Online service. This rate of increase was considerably slower than in 2010, when oil consumption rose by 3.3 percent following a decline of 1.3 percent in 2009 due to the global financial crisis.
The strongest force holding the Euro together is the political force of creditors. Were the currency to collapse, much of the debt would collapse with it. So the question is, who are we saving the Euro for?
Is the 15-M movement going invisible? Or is it rather gaining strength in the “underground”?
We humans owe much of our success to our ability to recognize patterns and extrapolate trends to anticipate a future state…Yet this fine tool can be over-used, and I see a lot of what I call ruthless extrapolation. In almost every case, extrapolation works until it doesn’t. When the fundamental rules of the game change, watch out!
Life is so much a matter of contrasts. Last week I wrote about a large scale farmer of several thousand acres who drives his computer 9 hours a day while his brother and hired help to the actual farming. In stark contrast, shortly after I talked to him, an old friend stopped by to tell me that, after nearly forty years, he was retiring from small scale dairying. He tried to be upbeat about it but I could tell that he was sad too. He will keep on farming his 200 acres and maybe raise a few steers. Old dairymen never die, they just quit milking cows.
At some point personal behavior changes aren’t enough. To become sustainable, we need large-scale investments, which require capital. How can we get access to the financial tools necessary to build a sustainable world? The answer may be through public banking, and one state, North Dakota, points the way.
There’s an interesting divergence between the extreme complexity of the predicament that besets contemporary industrial civilization, on the one hand, and the remarkable simplicity of the failures of reasoning that have sent us hurtling face first into that predicament, on the other. Nearly all of those failures share a common root, which is the inability—or at least the unwillingness—of most people in the modern world to pay attention to the natural cussedness of whole systems.
How connected to your local place do you feel? Do you know where the nearest flow of water is? —I don’t mean down the drain!…Each one of us lives in a watershed and in the future we are likely to need to rely on our local bio-regions (that’s another way of talking about a watershed) and communities much more for the resources we need, and for the social, cultural and community bonds needed to sustain our wellbeing.
Oil production capacity is surging in the United States and several other countries at such a fast pace that global oil output capacity is likely to grow by nearly 20 percent by 2020, which could prompt a plunge or even a collapse in oil prices, according to a new study by a researcher at the Harvard Kennedy School (Leonardo Maugeri, a former oil industry executive).
– The Potential Upside of Captivity
– The Death of Petro-State Risk
– Is Peak Oil Dead?
– Dave Cohen: Should We Still be Concerned with Peak Oil?
I find it a little ironic that I did not read this until AFTER I’d moved to the country… But you need not live in an urban area for the Urban Farm Handbook to be useful to you. I admit that I did find myself briefly missing Berkeley’s lovely year-round growing season and generous sunshine as I read about the author’s endeavors in the Pacific Northwest, but then I remembered the price of real estate in the Bay Area and how I never could fully adjust to the reality of earthquakes and the feeling (mostly) passed.
– Peak-Oil is now! (true but there is some delay due to unconventional oil and gas)
– Plateau Oil now! (true, since 2005 at just above 80 Mb/d, but not for very much longer as the potentials of unconventional oil and gas are extremely limited)
– The precise moment of PO is not so important anymore, as we are probably already at or closely before the peak according to many.
[Great summary]
