Economics – July 22

-Outpacing U.S., China now the world’s largest gorger of energy
-The Big Picture according to TAE: An updated primer guide
-The Food Bubble: How Wall Street Starved Millions and Got Away With It
-Interview: How Our Economy is Killing the Earth
-Part 5A. What Happens If Things Go Really Badly? $15 Trillion of Sovereign Debt in Default

Revisiting the Fake Fire Brigade Part 2: Biomass – A Panacea?

In many resource discussions, biomass emerges as a solution that allows us to continue many activities currently powered by fossil fuels: First, to move cars, trucks, machinery and planes when oil runs out or becomes too expensive. Second, to provide flexibility in electric power generation, i.e. when other sources are stochastic and inflexible, biomass would provide the necessary gap-filling power. Third, to heat our homes, after natural gas production declines. There are many estimates of future uses for biomass, and many new technologies that are making their first baby-steps, quite a few of them promising and worth trying.

How to be maladaptive: Fourteen tips for mental activities guaranteed to enhance your misery during bad times

Those who learn about Peak Oil, climate change, and economic hard times show a series of short-lived symptoms of stress over several months, but these are normal and expected reactions to these stunning findings. Roughly 50-60% of adults in North America are exposed to traumatic events, but only 5% to 10% develop maladjusted PTSD and related problems. What sorts of beliefs, attitudes, and behaviors promote the development of longer-term traumatic reactions?

Permaculture ethics: Why permaculture is different

I was originally attracted to permaculture because it was the only system that made sense—that could begin to reverse and repair the damage we are doing. Among many things, permaculture is a shortcut to older wisdom. Daniel Quinn calls this Leaver wisdom, the wisdom that enabled humanity to thrive in harmony with the earth for three million years up until the agricultural revolution where we lost our way.

A cooperative approach to renewing east Kentucky

Models of transition in eastern Kentucky must simultaneously address a host of interrelated regional challenges in order to bring sustainable success. The region’s economy is under-developed, with extremely high poverty and unemployment rates; housing stock is inadequate and energy-inefficient; and rural electric cooperatives are more than 90 percent dependent on coal, increasing the vulnerability of their customers in the face of rising prices.

A review of ‘Local Money’ by Peter North

I’ve really enjoyed the last three books to come out of the Transition Books stable, so I was pleased to see the latest instalment was out: Local Money – how to make it happen in your community. It’s another big square book, following Local Food, and it’s got the same practical, inspiring, can-do approach. This time, it’s all about creating local money networks.