Economics – Jan 4

Madoff caused losses equal to loses from all conventional thieves in America for nearly 3 years
Chinese workers leaving cities in droves
Australian co-operative movement weathers economic storm

No second chance

Most economists believe that we are not in any imminent danger of societal collapse. We have plenty of resources and the big problem of global warming can be solved by taxing or otherwise restricting the use of carbon-based fuels. New technologies will give us what we need, in time and affordably. It has always been thus. (Except when it hasn’t. But one would have to know the history of civilizations that did succumb to resource degradation and scarcity, and most economists are very much concerned with the utterly now.)

The Transition Town Movement: Embracing Reality and Resilience

For several months I have been meaning to write a review of Rob Hopkins’ The Transition Handbook: From Oil Dependency to Local Resilience, but other things got in the way-like a planetary economic meltdown and out of control climate change that exceeds some of the most dire predictions by climate scientists. I should have spoken out earlier in support of this movement, but I didn’t. Now, as we commence this new year, I am.

I will begin this book “review” by telling you that I find nothing-absolutely nothing wrong with The Transition Handbook. If that then makes this article into a commercial for the book instead of a review, so be it.

Deep thought – Jan 4

Biophysical economics
10 Reasons to be hopeful about 2009, and 3 reasons to be terrified
Implications of Energy Return on Investment (EROI), peak oil and the concept of “best first”
Change, but at what price? The environmental year in review

With twig and dung

From the hills of the Deccan Plateau in western India’s state of Maharashtra, the world of export fuels is unimaginable. In these hill villages firewood is still the primary fuel. In the hour before the sun goes down over the hills and the temperature drops, women bearing head loads of bundles of light branches head back to their simple homes. What these families have in common with many hundreds of thousands of households in rural India is their continued reliance on wood as fuel, whether for cooking or, as in these windswept hills, for keeping warm.

Ukraine-Russia: some background and context

Worries about Russia or Gazprom using the “gas weapon” against Europe are misplaced. In their official capacity, both are keenly aware of their absolute dependency on exports to Europe for a huge chunk of the country’s income, and on the need for stable, reliable long term relationships to finance the investments needed in gas infrastructure (and they know their clients share that need). They are happy to play power politics with the West’s worries as this goes down well with their own domestic audiences, but fundamentally they will not rock the gas boat.

Sail Transport Network: Interview with Puget Sound sailor David Reid

David Reid has distinguished himself by actually getting his own sailboat and succeeded in making trial voyages to demonstrate the feasibility of sail power for passage and freight. In September of 2008 Dave sailed with friends from the Olympic Peninsula, Washington, to Seattle, with a load of organic produce. Flying the Sail Transport Network burgee and documenting the costs, time and other aspects of the voyage, the first STN tangible project came about.