My recent foray to Wisconsin and Michigan had me staying five different homes, hence sleeping in five different beds and eating at many different tables. It was quite an exciting adventure, spent with wide-awake people, and I hope to repeat the experience as many times as the industrial economy allows. I’ve embedded one of the [...]
Continue reading...Monday, February 7, 2011
The Arctic is defrosting as warm Atlantic waters rush through the Fram Strait instead of skirting the southern coast of Greenland. This is an important event, regardless of the deafening silence exhibited by the mainstream media. How important? First consider the background, from the perspective of long-time climate scientist James Hansen and colleague Makiko Sato, [...]
Continue reading...Saturday, November 27, 2010
by Jeff Sties When our son Ben was born in 1999, my wife Stacy and I decided that one child was enough. For starters, there was her obvious discomfort during the pregnancy. Financially, we knew that we could not afford to put multiple children through college. Our chosen careers brought in a comfortable income as [...]
Continue reading...Monday, November 15, 2010
According to the extremely conservative International Energy Agency (IEA), we’ve passed the world peak for conventional oil (in 2006, they say). In a stunning nod to reality, even the New York Times agrees. In a bizarre case of committee-style cognitive dissonance, the IEA follows up on the admission that peak oil has come and gone [...]
Continue reading...Friday, October 1, 2010
Two presentations follow. The first focuses on the twin sides of the fossil fuel coin and what we can do about it, as presented in Louisville, Kentucky earlier this week. It’s similar to many presentations I’ve given recently and it includes an audio file, so you can follow along with the slides. The second was [...]
Continue reading...Saturday, September 18, 2010
The pages below are excerpted from the presentation I delivered to the Sixth Annual Gila River Festival in Silver City, New Mexico on Friday, 17 September. Click on one of the seven pages to view it. With apologies for the awkward format, click again to make it large enough to read. As always, questions and [...]
Continue reading...Friday, July 16, 2010
What are the causes and consequences of expensive oil? The first question is posed in this article, and answered surprisingly well by a neoclassical economist. He understands the relationship between the price of oil and economic growth, and he hints at constrained supply while also expressing irrational exuberance about continued economic growth. As an economist, [...]
Continue reading...Saturday, June 19, 2010
All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident. (Arthur Schopenhauer, one of my philosophical heroes) ______________________ Based on recent comments in this space, and also in my email in-box, I am compelled to provide an updated overview of my proposed agenda [...]
Continue reading...Monday, April 26, 2010
Like global climate change, peak oil represents a predicament, not a problem. There is no politically viable solution to either of these great challenges. Political solutions require economic growth, forever, and therefore no significant sacrifice on the behalf of the electorate. Further, the industrial economy is underlain by the assumption of growth: The industrial economy [...]
Continue reading...Friday, April 16, 2010
It’s all the rage to talk about a double-dip in the industrial economy. That would be an economic trend in the shape of a W. I think an M is far more likely. The assumption of never-ending growth underlies all neoclassical economic assessments, but I think that assumption is about to break up on the [...]
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Thursday, September 29, 2011
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