Peak oil and our financial decline

Author, blogger and social critic James Howard Kunstler opens up on two circumstances he sees running neck and neck “that are going to put us out of business as an advanced industrial civilization”—the “fiasco” in banking, money and finance and the unfolding “energy predicament.” He explains that the crises are really all about “capital” and that we need to look at how wealth has been accumulated and deployed for productive purposes.

Oil and food prices

Twenty six (26) units of fossil fuel energy goes into producing one (1) unit of food energy in the form of beef. While fossil fuels provide us with tremendous labor efficiency, we can no longer say we have an energy efficient way to make food since food production is now an energy sink.

ODAC Newsletter – Jan 28

Saudi oil minister Ali al-Naimi hinted this week that OPEC might move to increase oil production to satisfy rising demand. Both OPEC and the IEA are anticipating demand growth this year, and with Brent crude close to $100/barrel the pressure on OPEC is growing…Many of the OPEC nations face serious threats of their own as they struggle to generate jobs for their growing populations. No doubt the house of Saud and other OPEC leaders will be casting a wary eye at the recent uprising in Tunisia and the riots in Egypt.

What if we stopped fighting for preservation?

Certainly conservationists of all persuasions should be more vocal about challenging the growth machine that is chewing up wild nature. But for Murray to turn his wrath on protected areas, and suggest that preserving places for wildlife and wild processes to thrive unmolested is futile or even counterproductive as a conservation strategy, is a dangerously misguided idea. I hope it will be rejected by everyone who cares about the health of the biosphere.

WikiLeaks: For Norway, oil wealth and humanitarianism go hand in hand

In a brief but revealing cable included in the vast WikiLeaks “CableGate” trove and published last week by the Norwegian paper Aftenposten, US embassy officials report that the Nordic nation opted to divest its sovereign wealth holdings from companies violating “humanitarian principles” and “fundamental ethical norms.”

How much money has the Fed printed?

As we suffer under the cosh of the Tories’ austerity, many are casting envious eyes across the Atlantic and asking whether our government could, like the US government, create money to help our economy out of the many and mutually reinforcing problems we are now facing. The answer seems to be ‘no’ and ‘yes’.

Bee keeping for the energy descent future

The co-originator of permaculture is upbeat on the prospects for apiculture as a sustainable and resilient livelihood in the future. Bees are livestock that free range up to 2km from home across all boundaries and barriers, harvesting nectar and pollen sources using their own amazing intelligence and communication. Honey is a compact, self preserving store of wealth that makes an excellent tradeable surplus in any economy that might survive or emerge in an energy descent future.