Fracking turmoil – November 3

-US to require details of fracking on federal land
-When Transition meets fracking, and wins. The story of Transitions Cowbridge and Llantwit.
-Exclusive: Fracking company – we caused 50 tremors in Blackpool – but we’re not going to stop
-Fracking protesters storm shale gas exploration site

Economics students on the move

How our economy will be organised in the future relies heavily on how our future economists understand the world and its workings, as well as their values. Economics education is obviously, therefore, of fundamental importance. The movements to reform economics education, shifting it from the realm of theology into one of pluralism and genuine debate, have been followed with interest by this blog.

Green, cheap, now

Sonoma County can have both green energy and lower rates. The key is to focus on building local solar, wind, geothermal, and other renewable resources, and focusing on making all aspects of the energy system, from generation to consumption, more efficient.

Wall Street by the book

Once upon a time, no one imagined that an American world of home ownership and good jobs, of cheap gas and cheaper steaks, would ever end.  Nonetheless, it was kneecapped over the last few decades and it’s not coming back.  Not for you or your children, no matter what happens economically. So don’t kid yourself: whether you know it or not, young as you are, you’re in mourning, too, or Occupy Wall Street wouldn’t exist. Unlike the Tea Party, however, you are young, which means that you’re also a movement of the unknown future, which is your strength.

In praise of non-debt-based money

The debt we accumulate as individuals, companies and governments is instrumental in depleting the planet and deepening the rich-poor divide. This “value-led” critique is powerful and compelling to those wishing to listen, but it is not enough, of itself, to procure any meaningful systemic/ structural change in the monetary regime. We need to communicate widely about the side-effects of debt-based money, and to help people to imagine non-debt based alternatives.

Life without electricity

“Actually, it takes more time to develop low-tech than it does to develop high-tech although we tend to think of advanced scientific technology when we say ‘technology,’ while we take low-tech lightly,” says Fujimura. On this misplaced assumption, we tend to desire the products of excessively advanced science and technology that promote convenience and comfort, and thus we have placed a huge burden on the environment, leading to the energy crisis and other critical situations.

Peak oil perspective

Aside from excursions here and there, Do the Math represents—in computer terms—a “core dump” of years of accumulated thoughts and analysis on energy, growth, and the largely unappreciated challenges we face on both short and long terms. During this queued process—with much more to come—I have made references to peak oil, but have refrained from a head-on treatment. As important as peak oil has been in motivating my quantitative exploration of life beyond fossil fuels, it seems overdue that I share my thoughts.