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Our Bonus Decade

“The sense of security more frequently springs from habit than from conviction, and for this reason it often subsists after such a change in the conditions as might have been expected to suggest alarm. The lapse of time during which a given event has not happened, is, in this logic of habit, constantly alleged as a reason why the event should never happen, even when the lapse of time is precisely the added condition which makes the event imminent.”

–George Eliot, Silas Marner

It’s been ten years since the Global Financial Crisis (GFC) of 2008. Print, online, and broadcast news media have dutifully featured articles and programs commemorating the crisis, wherein commentators mull why it happened, what we learned from it, and what we failed to learn. Nearly all of these articles and programs have adopted the perspective of conventional economic theory, in which the global economy is seen as an inherently stable system that experiences an occasional market crash as a result of greed, bad policies, or “irrational exuberance” (to use Alan Greenspan’s memorable phrase). From this perspective, recovery from the GFC was certainly to be expected, even though it could have been impeded by poor decisions.

Some of us have a different view. From our minority perspective, the global economy as currently configured is inherently not just unstable, but unsustainable. The economy depends on perpetual growth of GDP, whereas we live upon a finite planet on which the compounded growth of any material process or quantity inevitably leads to a crash. The economy requires ever-increasing energy supplies, mostly from fossil fuels, whereas coal, oil, and natural gas are nonrenewable, depleting, and climate-changing resources.

…click on the above link to read the rest of the article…

Why is Overpopulation Ignored by the Media? The Reasons of a Historical Failure

Why is Overpopulation Ignored by the Media? The Reasons of a Historical Failure

Some people think there exists a conspiracy that prevents the media from ever mentioning the charged word, “overpopulation.” Conspiracies do exist but, in this case, my impression is that population is such a charged issue simply because it has to do with the fact that we are all humans and discussing about reducing population touches some inner mechanisms of our psyche that we feel uncomfortable about.

But there is more to that: the real problem with overpopulation is that most decision makers lack the concept of “overshoot,”  a view that didn’t exist in the study of social systems until Jay Forrester introduced it in the 1960s.If you don’t understand overshoot, at best you can understand that there are limits to population, but you can’t understand that population could exceed the limits and crash down ruinously with the deterioration of the agricultural system that feeds it.

The lack of a the concept of overshoot may well be what leads the concerned and the unconcerned to minimize the problem. Many people seem to think that the “demographic transition,” the reduction in fertility observed in most rich nations of the world, will spread over all humankind and stabilize the world’s population at a sustainable level without any need for governments to intervene to force lower birth rates.

Almost certainly, it is too late for that: we should have started decades ago. But only China implemented a serious policy birth control — for the rest of the world it was a historical failure.

In the discussion, below, Bernard Gilland discusses the problems we will face in the attempt of stabilizing the human population mainly in terms of the degradation of the agricultural system in its dependence on non-sustainable resources.
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Eco Crises: Doom & Gloom, Truth & Consequences

Eco Crises: Doom & Gloom, Truth & Consequences

Photo Source Sakeeb Sabakka | CC BY 2.0

…We can’t save the world by playing by the rules because the rules have to change. Everything needs to change and it has to start today….To all the politicians that pretend to take the climate question seriously, to all of you who know but choose to look the other way every day because you seem more frightened of the changes that can prevent the catastrophic climate change than the catastrophic climate change itself… Please treat the crisis as the crisis it is and give us a future.

Greta Thunberg, 15 year-old climate activist speaking at the Helsinki climate demonstration, October 20, 2018 

When I entered my interdisciplinary environmental graduate program, I already had years of work experience behind me as well as a lifetime of informal environmental education. I recognized the grim ecological picture. Some of my professors, however, were quick to admonish, “We can’t be gloom and doom.” Their other refrain was, “We can’t go back.” They offered no evidence for those two prescriptions with regard to the climate and ecological crises, yet their commands were common among environmental scholars. More than a decade later, we face far more dismal prospects for the future of humanity, but we are still loath to truly address them.

Doom and Gloom

In 1972, the Club of Rome, a consortium of scientists, economists, politicians, diplomats, and industrialists, produced a lengthy scientific report entitled Limits to Growth. Their work predicted a collapse of the human population due to our unchecked economic growth and resource depletion. While their estimates were condemned as alarmist and overreaching, independent researchers have updated the report for the 50th anniversary of the club’s inception, and have largely found that the conclusions from the original still hold.

…click on the above link to read the rest of the article…

Why Economists Can’t Understand Complex Systems: Not Even the Nobel Prize, William Nordhaus

Why Economists Can’t Understand Complex Systems: Not Even the Nobel Prize, William Nordhaus

The “base case” scenario of “The Limits to Growth” 1972 report to the Club of Rome. The strong non-linearity of the behavior of complex systems — including the global economy — is nearly impossible to understand for people trained in economics. William Nordhaus, the recent Nobel prize winner in economics, is no exception to the rule. In this post, I’ll report how, at the beginning of his career, Nordhaus criticized “The Limits to Growth”, showing in the process that he had understood nothing of the way complex systems work.

After having been awarded the Nobel prize in economics of this year, William Nordhaus has been often presented as some sort of an ecologist (see, e.g. this article on Forbes). Surely, Nordhaus’ work on climate has merit and he is one of the leading world economists who recognize the importance of the problem and who propose remedies for it. On the other hand, Nordhaus’ approach on climate can be criticized: he tends to see the problem in terms of costs and solvable just by means of modest changes.
Nordhaus’ approach to climate change mitigation highlights a general problem with how economists tend to tackle complex systems: their training makes them tend to see changes as smooth and gradual. But real-world systems, normally, do what they damn please, including crashing down in what we call the Seneca Effect.
On this point, let me tell you a little story of how Nordhaus started his career at Yale by an all-out attack against system dynamics, the method used to prepare the 1972 study “The Limits to Growth,” showing in the process that he had understood nothing on the way complex systems work.

…click on the above link to read the rest of the article…

Did the Club of Rome Ever Disavow “The Limits to Growth”? A Story of Ordinary Disinformation

Did the Club of Rome Ever Disavow “The Limits to Growth”? A Story of Ordinary Disinformation

Aurelio Peccei in 1969, when he was appointed the first president of the Club of Rome

The Club of Rome is inextricably linked to the legendary report that it commissioned to a group of MIT researchers in 1972, “The Limits to Growth.” Today, nearly 50 years later, we still have to come to terms with the vision brought by the report, a vision that contradicts the core of some of humankind’s most cherished beliefs. The report tells us that we cannot keep growing forever and that we have to stop considering everything we see around us as ours by divine right. 

Not surprisingly, the report generated strong feelings and, with them, there came plenty of disinformation and legends. Some cast the Club of Rome in the role of a secret organization with dark and dire purposes, others aimed at the Limits report, claiming that it was “wrong” or, worse, purposefully designed to deceive the public. I wrote an entire book on this subject (The Limits to Growth Revisited) — in short, most of these stories are false but some contain grains of truth and all of them tell us something about how we humans don’t just deny bad news, we tend to demonize the bearers.

So, there is a peculiar legend stating that the leaders of the Club of Rome disavowed their brainchild, The Limits to Growth and, in doing so, they admitted that it had been wrong, or an attempt to mislead the public. It is an old legend but, as all legends, it is surprisingly persistent and you can still see it mentioned in recent times (for instance, here and here) as if it were the obvious truth. It is not: it is a good example of how disinformation works.
…click on the above link to read the rest of the article…

What can we do?

At the University of Minnesota Dr. Nate Hagens teaches an honours course called “Reality 101: A Survey of the Human Predicament.” Hagens operated his own hedge fund on Wall Street until he glimpsed, “a serious disconnect between capitalism, growth, and the natural world. Money did not appear to bring wealthy clients more well being.” Hagens became editor of The Oil Drum, and now sits on the Board of the Post Carbon Institute and the Institute for Integrated Economic Research.

Reality 101 addresses humanity’s toughest challenges: economic decline, inequality, pollution, biodiversity loss, and war. Students learn about systems ecology, neuroscience, and economics. “We ask hard questions,” says Hagens. “What is wealth? What are the limits to growth? We attempt to face our crises head on.”

Some students feel inspired to action, and some report finding the material “depressing.” One student shared the course material with a family member, who asked, “So what can I do?” The student struggled to answer this question, and the listener chastised her: “why did you explain all this to me, if you can’t tell me what to do?!”

A fair question. One that, as environmentalists, we often get asked. At the request of Dr Hagens, here is my list:

What can we do?

Tapajós River in the Amazon © Todd Southgate / Greenpeace

Rainbow over the Tapajós River in the Amazon © Todd Southgate / Greenpeace

I have been asking this question all of my adult life. As I’ve witnessed the crisis intensify, I’ve experienced feelings of panic, anger, and helplessness. Nevertheless, I also feel at peace. I love my family and friends, I enjoy life in my community, and love my time in the natural world. Here are some of the ways I believe we can deal with anxiety about the world and take action:

…click on the above link to read the rest of the article…

The Transition Towns Movement … going where?

The global predicament cannot be solved other than through a Transition Towns movement, and the emergence of such a movement has been of immense importance. But I fear that the present movement is not going to do what’s needed. Four years ago I circulated reasons for this view. I recently made an effort to get current information from various people in the movement and I fear the case for doubt is even stronger today. Here is a brief indication of my main concerns.

I take it for granted we agree that the global situation requires massive system changes, including scrapping the growth economy, de-growth down to far lower per capita levels of production and consumption than rich countries have today, and the market must be prevented from determining our fate. These things cannot be done unless there is transition to a basic social pattern involving mostly small, highly self sufficient and self governing and collectivist communities that maximise use of local resources to meet local needs … and which are content with very frugal material lifestyles. Only settlements of this general kind can get the per capital resource rates down sufficiently while ensuring ecological sustainability and a high quality of life for all. (Those rates will probably have to go down to 10% of their present levels: For the reasoning see TSW: 2017a.) This does not mean deprivation or hardship or abandoning high tech, universities, sophisticated medical facilities etc. (For the detail TSW 2018a.)

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Work in a World Without Growth

WORK IN A WORLD WITHOUT GROWTH

A fixation with growth in economics has seen GDP increase in proportion to environmental damage. As planetary limits draw ever closer and are even being surpassed, such a model cannot be sustained. Riccardo Mastini explains how a job guarantee could open up the way to a sustainable economic model.

Since the dawn of capitalism, market economies have placed a high emphasis on labour productivity. Continuous improvements in technology geared towards productivity increases lead to more output being produced for a given amount of labour. But crucially these advances also mean that fewer people are needed to produce the same amount of goods and services each year. As long as the economy expands fast enough to offset increases in labour productivity there is no problem. But if the economy does not grow, people lose their jobs.

Economic growth has been necessary within this system just to prevent mass unemployment. Communities and the politicians that represent them celebrate the construction of a new factory not so much for the increase in supply of some needed product, but because of the jobs it creates. In advanced economies, the shortage of employment has become more pressing than the shortage of products. Basically, we produce goods and services mostly to keep people employed rather than to cater for their needs.

But what if economic growth were to slow down and, eventually, come to a halt in the near future? More than half a century of ‘growth propaganda’ supporting the dogma that pursuing never-ending growth is plausible and desirable may make this new prospect shocking for some. However, there is now overwhelming evidence that  decoupling GDP growth from increases in natural resource and energy use is impossible. And our plundering of Earth’s bounty has already reached unsustainable levels with the overshot of several planetary boundaries.

…click on the above link to read the rest of the article…

Saving the World: Top-Down or Bottom-Up? A Review of the Latest Report to the Club of Rome, “Come On” 

Saving the World: Top-Down or Bottom-Up? A Review of the Latest Report to the Club of Rome, “Come On” 

Come On: Capitalism, Short-termism and the Destruction of the Planet. A new Report from the Club of Rome. By Ernst von Weizsaecker and Anders Wijkman –  Book Review by Ugo Bardi

Nearly half a century has passed since the publication, in 1972, of the first – and still the most famous – report of the Club of Rome, “The Limits to Growth.” That first report was heavily criticized but, nowadays, it is turning out that it had correctly identified the main lines of the trajectory that the human industrial society was to follow and is still following. To the authors of this report and to their mentor, Jay Forrester, goes the merit of having identified for the first time the critical problem that we are facing nowadays, that of “overshoot”, exceeding the limits that the planetary ecosphere can sustain and forcing humankind to a return within the limits that could be painful or even disastrous.

Today, the Club of Rome keeps following its tradition of studying the long-term prospects of humankind facing the twin challenges of resource depletion and climate change. The latest report of the Club on these matters is “Come On” by Anders Wijkman and Ernst Von Weizsacker, published with Springer in 2017, in occasion of the 50th anniversary of the foundation of the Club.

Clearly, this is a book which has been thoroughly planned and carefully created. The text is divided into three parts: 1) A review of the currently unsustainable trends, 2) A review of how to look at the situation 3) A discussion of solutions designed to avoid disaster. It is a sort of Aristotelian syllogism structure.
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Dr. Charles Hall: The Laws Of Nature Trump Economics

It’s all about Energy Retun On Energy Invested (EROEI)

Dr. Charles Hall may not be a name you instantly recognize, but it should be.

Now a Professor Emeritus of the College of Environmental Science and Forestry, Dr. Hall is a rigorous researcher of energy, oil, biophysical economics — and was a critical early pioneer in developing the key resource metric of Energy Returned On Energy Invested (EROEI).

Here’s how Hall describes EROEI in layman’s terms:

These energy investment ideas are everywhere in nature.

Certainly business people know about investments, but you’ve got to realize that anytime that you’re investing, you investing not only money, you’re investing energy. And, in fact, we consider money to be a lien on energy, a promissory note on energy.

So, if, for example, you buy in New York City a bagel for $1, that bagel cannot possibly get there without the use of a considerable amount of energy. And that energy is, for example, energy used in Louisiana to take natural gas and turn it into nitrogen fertilizer. And then it’s put in a barge and barged up  the Mississippi River to Nebraska. And then a tractor spreads in on a field. And then it plows up the field and plants wheat seeds. And then later comes along and tills the soil and maybe takes care of the weeds or whatever and certainly harvests it. And then more energy is used to take the harvested wheat and grind it up and turn it into flour. And then they put it in a sack and put it on a railroad train and ship it to New York City. And there somebody boils a pot of water to cook the bagel. Oh, and they use electricity to mix the batter. And then you have a bagel.

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A fascinating, flawed look at limits

A fascinating, flawed look at limits

A review of The Wizard and The Prophet

Charles C. Mann has written consecutive bestsellers of popular history writ large. His 1491 surveyed the civilizations of the pre-Columbian Americas, while 1493 looked at how post-Columbian America has affected the whole world.

The Wizard and the Prophet, by Charles C. Mann, 2018, 616 pages

The Wizard and the Prophet at first glance shows Mann at work on a smaller canvas, comparing the life’s work of two American scientists in the mid-20th century.

Though Norman Borlaug and William Vogt both studied agricultural resources their career trajectories could hardly have been more different. Mann uses the contrast as a framework for a sweeping discussion of the biggest environmental questions facing our generations.

In the process he transforms Borlaug into “The Wizard” and Vogt into “The Prophet’’, superheroes who have, in Mann’s telling, guided the two major currents in environmental thinking ever since. Thus “The Wizard” and “The Prophet” are tapped for analyses of subjects which, for all we know, neither Borlaug nor Vogt actually thought about.

Always lurking in the background are the questions with which Mann opens the book: is it possible to feed, clothe, and shelter 10 billion people on this planet, or are we moving towards inevitable environmental collapse?

The real Norman Borlaug was born to a poor Iowa farm family and he yearned to escape the backbreaking work in the fields. After earning a degree in plant pathology he found himself immersed in even more tedious manual labour in a dusty, eroded, wind-blown patch of dirt outside Mexico City. His goal was to find a variety of wheat that would resist the blight known as rust.

…click on the above link to read the rest of the article…

Our only hope for long term survival

Our only hope for long term survival

 

Language warning: Many may find the following article offensive, such as:
  • Technocornucopians – eg geoengineering and carbon drawdown fantasists, blinkered university academics and engineers, TZM, Elon Musk etc
  • People who think reducing population and/or consumption are sacred cows which should never be mentioned
  • People who are shocked by and reject the idea that billions will die this century
  • Economists – who know the price of everything but the value of nothing
  • The Pope (who jumped on the bandwagon too late, but nice dress though)
  • Christians and other religious types
  • Global warming deniers
  • EconomistsCreationists
  • Politicians
  • Most Americans (they are mad)
  • Kim Jong Un (slightly less mad)
  • NBL fanatics (not referring to the basketball league here)
  • Economists
If you take umbrage at this article please consider the possibility you may be a fw rather than a sp

I agree entirely with Dennis Meadows that climate change should be regarded as a symptom or complication or side effect of our overshoot. Climate chaos will relentlessly worsen to become the worst problem threatening our very existence, but it is not the core problem. Furthermore it is not the most urgent problem right now. Despite many areas having been hit by severe weather events, global industrial civilisation is not immediately at risk of being brought down by climate change1. Financial and economic collapse, which are intimately linked with the depletion of “easy” (high EROEI) oil and the looming net energy cliff (which will cause all resource outputs to fall off their respective Seneca cliffs) are much more immediate threats.

I assert that those who endeavour to study our predicaments should categorise threats according to what is worst, what is at the core and what is most urgent. Climate change is just one manifestation of the Limits to Growth and is not a core problem. Trying to address climate change in isolation is and always was futile. Solitary focus on “fixing” climate change alone will result in:

…click on the above link to read the rest of the article…

Betting the Earth on a Game of Wrap-Cut-Smash

Betting the Earth on a Game of Wrap-Cut-Smash

Photo by Kevin Gill | CC BY 2.0

The Earth is having to deal with continuous, largely unchecked emissions of greenhouse gases, along with soil degradation, mass extinction of species, destruction of ecosystems, and disruption of nitrogen, phosphorous, and water cycles. Meanwhile, efforts to head off the planet-wide ecological crisis remain trapped in a game of rock-paper-scissors. [1]

Let’s start with the “paper,” which represents the kinds of paper exercises purporting to show that prosperous “green growth” can carry humanity and the Earth together through a better and better future. These include, for example, the 2015 “Ecomodernist Manifesto” [2] and a series of “100% renewable wind, water, and sunlight energy roadmaps” [3] published in recent years. Such cornucopian analyses undergird the mainstream climate movement’s vision of a smooth transition to a greener, happier, more prosperous world.

The paper, however, is cut up by the “scissors”— the restraints on resource exploitation and consequent cutbacks in production of goods and services, along with other human activities, that will be necessary if ecological catastrophe is to be avoided. Rooted in the knowledge that infinite growth is impossible and efficiency a chimera, the idea that economic activity must be restrained was developed early on by the ecological economists Nicholas Georgescu-Roegen and Herman Daly [4] and has long been urged by the Post-Carbon Institute [5], “peak oil” campaigners [6], Tim Jackson, Ted Trainer, and various proposals for firm ceilings on energy consumption, with business and household quotas [7].

The scissors argument for the necessity of cutting throughput and pulling back within ecological limits is unassailable. However, most such analyses are focused on the world’s high-production, high-consumption economies, with few specific recommendations for how the billions of people in both rich and poor economies who already lack adequate access to resources can achieve material sufficiency.

…click on the above link to read the rest of the article…

Book Review: Food Scarcity. Unavoidable by 2100?

Book Review: Food Scarcity. Unavoidable by 2100?

This is an excerpt from the review by Ugo Bardi published on the “Journal of Population and Sustainability

Scientific studies that examine the food supply and its correlation to human population have a long tradition that goes back to Thomas Malthus and his “An Essay on the Future of Population“ of 1798. From then on, the field has remained politically charged. Still today, Malthus is often dismissed as a doomsday prophet whose apocalyptic predictions turned out to be wrong. But Malthus lacked the modern concept of “overshoot and collapse” and he never predicted the kind of population crashes that we associate to modern famines.

Another study often accused of having been overly catastrophistic in terms of the future of the human population is the report to the Club of Rome titled “The Limits to Growth”, published in its first version in 1972. This is also a misinterpretation, since none of the several scenarios reported in 1972 foresaw a population decline before entering the second half of the 21st century.

In analogy with the first report to the Club of Rome, the recent book by Weiler and Demuynck, “Food Scarcity” approaches an old problem with a new methodology. While “The Limits to Growth” was one of the first studies to apply system dynamics to the study of the economy, “Food Scarcity” is among the first studies that applies the modern network theory to the world’s food system. The resulting book, “Food Scarcity,” is an ambitious attempt to pack an enormous amount of material into just 150 pages. It starts with a review of the situation of the world’s food supply with extensive data on the different climate systems, cultivation technologies, geographical conditions, and more.

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The Seneca Cliff Explained: a Three Dimensional Collapse Overview Model

The Seneca Cliff Explained: a Three Dimensional Collapse Overview Model

A Three Dimensional Collapse Overview Model
In this post, Geoffrey Chia illustrates one of the fundamental characteristics of the “Seneca Effect”, also known as “collapse,” the fact that it occurs in networked systems dominated by feedback interactions. This is a qualitative interpretation of collapse that complements the more quantitative models that I report in my book “The Seneca Effect.” (U.B.)


The Limits to Growth was published in 1972 by a group of world class scientists using the best mathematical computer modelling available at the time. It projected the future collapse of global industrial civilisation in the 21st century if humanity did not curb its population, consumption and pollution. It was pilloried by many “infinite growth on a finite planet” economists over the decades.

However, updated data inputs and modern computer modelling in recent years (particularly by Dr Graham Turner of the CSIRO in 2008 and 2014) showed that we are in reality closely tracking the standard model of the LtG, with industrial collapse and mass die-off due sooner rather than later. The future is now.

The LtG looked only at 5 parameters, with global warming being a mere subset of pollution. Dramatic acceleration of ice melt and unprecedented, increasingly frequent, extreme weather events over the past two decades clearly demonstrate that global warming is progressing far faster and far worse than anyone could possibly have imagined back in the 70s. Global warming certainly deserves a separate category for consideration on its own, quite apart from the other manifestations of pollution.
The LtG did not include a specific category looking at the human dynamics of finance, economics and political manoeuvrings, which was fair enough, because it is impossible to mathematically model such capricious irrationality.

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Olduvai IV: Courage
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Olduvai II: Exodus
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