What should we tax?

For some time a small group of ecological economists has been suggesting that we switch the tax base from income (value added to natural resources by labor and capital), and on to natural resources themselves. Value added to resources is something we want more of, so don’t tax it (either at each stage of production as in Europe, or at the final stage as income as in the U.S.). The resource throughput, beginning with depletion and ending with pollution (both real costs), is something we want less of in a full world economy, so let’s tax it.

The China Bubble: Economic Growth’s Last Stand?

China is likely the site of world economic growth’s last stand. This nation, together with the other Asian “tigers,” comprises the main engine of expansion that remains after the faltering of the older, more established economies in North America and Europe. When China sputters, the quickening slide of the global economy will be clear and obvious to everyone.

A note on Hubbert’s hypotheses and techniques

This note aims at exploring the scientific foundations and therefore the scope of validity of these forecasting techniques. Looking at the basic assumptions of Hubbert’s thesis, it concludes that these techniques should not be used to forecast neither the peak (or plateau) of the annual production rate, nor the ultimate reserves of any mineral, unless given exceptional conditions.

How to wreck a planet 101

Here’s one simple fact without which our deepening energy crisis makes no sense: the world economy is structured in such a way that standing still in energy production is not an option. In order to satisfy the staggering needs of older industrial powers like the United States along with the voracious thirst of rising powers like China, global energy must grow substantially every year. Even if usage grows somewhat more slowly than projected, any failure to satisfy the world’s requirements produces a perception of scarcity, which also means rising fuel prices. These are precisely the conditions we see today and should expect for the indefinite future. It is against this backdrop that three crucial developments of 2011 are changing the way we are likely to live on this planet for the foreseeable future.

Can renewable energy outshine fossil fuels?

I’m not popular with environmentalists when I tell them that renewables can only provide a small fraction of the energy that fossil fuels do in powering industrial civilization. In fact, I was recently called a liar at the screening of an anti-nuke film for suggesting so.

ASPO-USA asks: “What are we missing?” – Part 3

There are so many challenges facing us as a result of Peak Oil and related issues that it is easy to miss something important. ASPO-USA asked more than 50 leaders on Peak Oil to share what they felt was the most critical issue we’ve all been missing, the thing every one of us should be talking about – but aren’t. The answers were eye-opening, and have started a discussion that continues. This is the last in a three part series.

The US crude production peak is not symmetrical

People that worry about the peaking of global oil supplies often use symmetrical curves as simple models for how production will peak and then decline, with logistics and Gaussians being popular choices. This goes back to M. King Hubbert (and I’ve done some of this myself). The United States is the poster child for this kind of analysis, since this region was the first to be developed at scale and production peaked in 1970. However, it seems increasingly clear that the US production curve is far from symmetrical (perhaps driven by higher prices since the 1970s, and especially in the 2000s). Using data from the EIA for production and reserves, we can see that the decline side is slower than the growth side for both.

poppyland

In 2006 I began a book that traced the relationship between flowers and the human imagination, those circular and winding tracks that are buried deep inside. It’s a record of a 10 year exploration into the linguistics of wild medicinal plants and a description of a practice I developed with Mark that began with some questions: Can we enter the flower’s territory on its own terms, beyond our monocultural control of the “environment”? What effects do their fragrance, their medicine, their shapes have on our imaginations, on our memories? How do they enter our dreams?