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Why the economy must grow
Why the economy must grow There are three main reasons why our economy grows: • because it is easier to make money in an economy that is growing • because we all, individuals, companies and governments, borrow money • because we pay interest on the money we borrow. Because it is easier to make money in a growing […]
The Tragedy of Growth
THE TRAGEDY OF GROWTH To protect wellbeing and avoid ecological disaster we must abandon GDP growth and transform our economic system Critiques of Gross Domestic Product (GDP) as a measure of economic progress are widespread. However ‘beyond GDP’ narratives often seek to complement the dominant indicator with other measures of progress, aiming for ‘inclusive’ or […]
The Record-Breaking Failures of Nuclear Power
The Record-Breaking Failures of Nuclear Power Photograph Source: Watts Bar Unit 2 nuclear power reactor – CC BY 2.0 The Tennessee Valley Authority could likely rightfully claim a place in the Guinness Book of World Records, but it’s not an achievement for which the federally-owned electric utility corporation would welcome notoriety. After taking a whopping 42 […]
Robert Hirsh on Peak Oil
Robert Hirsh on Peak Oil
Could we be hitting natural gas limits already?
Could we be hitting natural gas limits already? Many countries have assumed that natural gas imports will be available for balancing electricity produced by intermittent wind and solar, whenever they are needed. The high natural gas import prices recently being encountered in Europe, and especially in the UK, appear to be an indication of an underlying problem. […]
The Coming Climate Crisis Shakedown in Scotland
The Coming Climate Crisis Shakedown in Scotland In 2016, an inconceivable event aborted the Paris climate scheme. The Americans elected Donald Trump. Calling the Paris deal a rip-off of his country, Trump swiftly pulled the U.S. out of the accords. Upon what grounds? Put simply, America First. “Follow the money!” The old maxim is […]
UK’s Fertilizer Crisis Spreads To EU After Another Firm Slashes Output
UK’s Fertilizer Crisis Spreads To EU After Another Firm Slashes Output Europe’s energy crisis has claimed another victim, with Austrian fertilizer producer Borealis AG slashing the output of ammonia after the cost of the primary feedstock, natural gas, compresses margins in an industry already facing tight supplies, according to Bloomberg. Borealis’ ammonia-producing plant uses natural gas […]
Soaring energy prices in Europe are forcing U.K. factories to shut down
Soaring energy prices in Europe are forcing U.K. factories to shut down Europe is facing an extreme squeeze for energy supplies, with gas and power prices breaking records day after day Europe’s energy crunch has forced a major fertilizer maker to shut down two U.K. plants, the first sign that a record rally in gas […]
Panic Hoarding Gasoline Begins As UK Plunges Towards “Winter Of Discontent”
Panic Hoarding Gasoline Begins As UK Plunges Towards “Winter Of Discontent” One day after oil giant BP warned about rationing gasoline and diesel at UK service stations, Brits began to panic buy fuel as the government tried to calm fears. Lines of cars and trucks are spilling over into the streets at service stations across the country. […]
WEIRD – Thinking Beyond Technology: Issue no.5, “Research for the End of Your ‘Normal’ Everyday Existence” Mabon 2021
WEIRD – Thinking Beyond Technology: Issue no.5, “Research for the End of Your ‘Normal’ Everyday Existence” Mabon 2021 Go to ‘WEIRD’: Thinking Beyond Technology – Main Index Click here for a brief explanation about the ‘WEIRD’ newsletter. Download this edition A4 format PDF – for printing at A4, single- or double-sided, stapled in the top-left corner; or A3 brochure format PDF – for printing […]
Crisis by design
Crisis by design Believe it or not, British Prime Minister Boris Johnson has every right to stand before the nations of the world and lecture them on climate change. Not that Johnson himself has done much to address the crisis (indeed, given that having children is the single biggest cause of climate change at this point, Johnson’s inability […]
Why the West can’t ban Bitcoin the way China did
Why the West can’t ban Bitcoin the way China did Only a complete “dictatorship of the proletariat” can kill Bitcoin Evergrande is being called China’s “Lehman moment” and overnight the PBC closed the loop on their clampdown on crypto with a total ban on virtual currency transactions. For those paying attention, however, China isn’t just […]
Before They Were An Inconvenience, But Now The Shortages Are Really Beginning To Sting
Before They Were An Inconvenience, But Now The Shortages Are Really Beginning To Sting Have you noticed that store shelves are starting to get emptier and emptier? During the panic shopping that was sparked by the start of the COVID pandemic in 2020, there were very intense shortages of certain items, but those shortages did […]
Charles Hugh Smith: The System Will Fall Apart
Charles Hugh Smith: The System Will Fall Apart
