Insight and inspiration in turbulent times.
It’s not enough to think of Eaarth as an impotent casualty of humanity’s predations. It is also a complex organic system with many potent defenses against alien intervention — defenses it is already wielding to devastating effect when it comes to human societies. And keep this in mind: we are only at the beginning of this process.
It is also slowly dawning on the Japanese that radioactivity is not something that can be scrubbed away with soapy water. It has a Midas touch. Everything it contacts becomes fiendishly toxic. So every drop of water, concrete, foam, rubber glove, fire hose, or anything else that comes into Fukushima’s arc becomes a lethal assassin.
Since the financial crisis of 2008, the continued mirage of “recovery” remains forever on the horizon. The accelerating evaporation of anything resembling a social safety net for the workers of the world makes business-as-usual a less-than-sexy proposition for the majority of us. The increasingly schizophrenic behavior of our planet’s natural processes doesn’t enhance our calm either. As the calls for a change of strategy and priority for the world’s economy get louder, it makes perfect sense that the most viable and desirable option, a steady state economy, is pilloried with great vitriol.
A midweek roundup of peak oil news, including:
-Developments
-The Oil Market Report
Most economists regard division of labor and globalization as strategies that can continue to be expanded far into the future. To think otherwise would be to question the possibility of endless economic growth. But there are reasons to question this belief.
The International Monetary Fund recently released its latest World Economic Outlook (WEO), April 2011. Chapter 3 of this document is titled, “Oil Scarcity, Growth, and Global Imbalances” (36 pgs). As far as this author is aware, the IMF has not done any previous work on peak oil, and the new Outlook seems to be the first acknowledgment by the IMF that the peaking of global oil production is a situation which could be both imminent and serious.
But we’re not broke. Not even close. The United States of America is awash in wealth. Our corporations are holding record trillions in cash. And overall individual wealth in the United States, the Credit Suisse Research Institute reported this past fall, has risen 23 percent since the year 2000, to $236,213 per American adult.
Given that we’re entering a prolonged period of economic contraction, what comes next? In the big picture, what are some of the possible routes forward? In the last post I critiqued some of the economic thinkers mentioned by the UK’s Rob Hopkins. In this post, I highlight several — including a U.S. source — which Hopkins hasn’t mentioned on his blog.
-Nitrogen footprint warning from European agency
-Soil Erosion Far Worse Than Reported In American Farmlands, According To New EWG Report (VIDEO)
-Biofuels targets are ‘unethical’, says Nuffield report
– Family farm in Willamette Valley turns to flax (New)
First Earth: Uncompromising Ecological Architecture by David Sheen is meant as an inspirational film about earthen buildings, and especially what they call “cob”. Cob is the oldest and easiest way of building from earth.
In this case, the underdogs are all the people who are distressed about the direction humanity is headed. We are the people craving a sane solution to climate chaos, mourning the culture of materialism, searching for solutions to the ongoing assault on nature, and hoping for an end to poverty. It will take unprecedented commitment, hard work and perseverance for us to overcome greed-based corporate agendas, outdated economic institutions, and our own reservations about saying and doing what is necessary.
My thesis is that global economic expansion has broken down, and where there are pockets of economic growth as in China or Brazil, it is unlikely that growth will continue for much longer. (I am thinking on decadal scales.) Clearly this is a subject for a book, whereas today I am going to outline why this thesis is credible in a blog post.
