Radio China International and 20th World Petroleum Congress in Doha, Qatar

Yesterday I received an email and a telephone call from Radio China International. They inquired if I would be willing to answer a few questions on the occasion of the 20th World Petroleum Congress in Doha, Qatar. Every third year the world’s oil producers gather for a large congress. For the first time they have now gathered in the Middle East. The interview with Radio China International has now been completed and it is interesting to look at the questions that they wanted to discuss…They sent me written copies of the questions that they wanted to discuss so let’s look at what worries and interests China.

A course to keep you from crashing

Economists never told us the story of financial inequity. It took the Occupy movement to do that. And many economists still continue to tell us reassuring fairy tales about how economic growth must and will return.

So, who are you going to trust? Start with Chris Martenson, one of the lay financial analysts who did predict the banking collapse in fall 2008.

What is worth investing in?

This year … huge sums of money have been invested in keeping banks afloat, and much of the cost is being borne by people who can least afford it.

Meanwhile, a UN report published last week describes a quarter of the planet’s land as ‘highly degraded’ and flagged up loss of soil quality as the area for greatest concern. Today, for many of us, the loss and degradation of soil does not – yet – feature strongly on our agendas or lists of concerns.

What I would like to suggest here, though, is that soil is much more worthy of our investments, of our concern and care, than banks.

US college student shames US climate delegation in Durban

Abigail Borah, a Middlebury College student and climate activist from the United States, was ejected from a plenary session at the COP17 climate summit this morning after interrupting introductory remarks by US chief negotiator, Todd Stern. Her statement was met with loud applause from the crowd. Stern later shifted his position — or at least his language — on a timetable for a new set of international talks.

ECONOMY: Ecological Economics

Many people would agree that the central desirable end of economic activity is a high quality of life for this and future generations.  Conventional economists argue that humans are insatiable, and therefore economics should focus on endless economic growth and ever-increasing consumption.  Considerable evidence, however, suggests that humans are in fact satiable-there is a point beyond which increasing consumption does not make us better off.

From the farm to the occupation

This land will live again. It will live in America’s countryside, in her mountains and rivers, as well as in her cities. To me, that’s what the Occupy movement is all about—finding ways for all living things to thrive. And for those of us in the grassfed farming community, that’s what we’re all about too, even if we don’t all agree with protests.

Economics – Dec 8

– Mandelbrot Beats Economics in Fathoming Markets
– OECD inequality report: countries across the developed world are getting less equal
– Financial Times prints bank proposals from Occupy Wall Street
– ‘Crowdfunding’ Legislation Would Allow Businesses And Start-Ups To Use Internet To Find Investors, Access More Capital
– The Other 99 Percent: How the US Compares

‘Net Energy’ ignorance reigns on Capitol Hill

If there is one unshakable belief in America today it’s that the U.S. economy can and must continue to grow. That’s why the messages delivered in November in Washington D.C. at a gathering of oil geologists, scientists, economists and others challenging that core belief went largely unheeded in the nation’s capital. The approximately 300 people who attended the 7th Annual Conference of the Association for the Study of Peak Oil–USA (ASPO-USA) in the shadow of the U.S. Capitol were told that economic growth is no longer possible as oil production flattens and declines, that U.S. energy independence is impossible and that domestic shale gas will fall far short of fueling American prosperity even while polluting the nation’s vital aquifers.

Wind fights solar; Triangle wins

For me, the most delightful turn of events in the ultimate nerd-song”Particle Man” by They Might Be Giants, is that after introducing (in order of complexity) particle-man, triangle-man, universe-man, and person-man—and learning that triangle-man naturally beats particle-man in a match up—we pit person-man against triangle-man to discover that triangle wins—again. In this post, we’ll pit solar against wind and see who wins.

Review of FAO Issue Paper, Energy-Smart Food for People and Climate

The United Nation’s Food and Agriculture Organization (FAO) released an interesting document during the UN Conference on Climate Change in Durban last week. Energy Smart Food for People and Climate (ESF, 78 pgs) focuses on the mitigation of food-related carbon emissions. The document argues that mitigation can be achieved through efficiencies behind the farm gate and beyond it. There are several references to risks surrounding the future availability and affordability of oil, but the primary driver of this document and its call for fundamental changes in food production is climate change, not concerns over future oil supply. This is unfortunate, as a dual focus would have brought a greater urgency to the report’s recommendations and perhaps to the Durban conference itself.