Global

Outrageous, snarky, “madly engaging,” bileful—these are a few of the terms that have been used to describe author and social critic James Howard Kunstler. But he’s actually a great deal more than these things, as anyone who's really come to know him, even if only through his books and Internet postings, can tell you. His most personal writings reveal a human, vulnerable, wonderfully versatile, cheerful side that few people know exists.

There is a realization that it is no longer enough to denounce globalization or rail against capitalism. Realistic alternatives must be set forth. For many, it would appear that the commons can provide a useful framework and vocabulary for starting a very different conversation – one that at once addresses politics, economics, culture and our individual aspirations and energies.

‘Peak Oil Scare Fades as Shale, Deepwater Wells Gush Crude’ was the title of one of the lead articles in Bloomberg’s newly launched ‘Sustainability’ section this week. The report echoes a growing number of press reports announcing the end of the “myth” of peak oil. So what gives?

That conventional oil has peaked and will be in decline over the next decades is no longer controversial – so in that sense peak oil has been and gone, and the economic consequences are evident.

Nearly 40% of the global population currently lives within 50 km of a coast, and many of these people depend on the productivity of the sea. Inadequate fisheries management and widespread overuse of marine and coastal resources are eroding the traditional basis of life for millions of people. As coastal populations soar, pressure on marine resources has become unsustainable in many places.

Are no-take fishery reserves the answer?

In the countries of the Global South, women are the primary producers of food, the ones in charge of working the earth, maintaining seed stores, harvesting fruit, obtaining water and safeguarding the harvest. Between 60 to 80% of food production in the Global South is done by women (50% worldwide) (FAO, 1996). Women are the primary producers of basic grains such as rice, wheat, and corn which feed the most impoverished populations in the South. Despite their key role in agriculture and food however, women; together with their children; are the ones most affected by hunger.

So familiar has the social economy of energy become in modern societies, so routine its extraordinardinary wastefulness, so toxic its effects, that the capacity for a better way can be missed. By questioning the how, why and what of energy use, new possibilities - of living, travelling, eating, working and buying - can open.

The basic theme of Fleeing Vesuvius, which is aimed at the growing sustainability movement, is TEOTWAWI (The End of the World as We Know It). The title refers to the volcano that destroyed Pompeii in 79 AD, specifically the large number of residents who failed to save themselves, despite weeks of earthquakes, gaseous clouds and other obvious signs that an eruption was imminent. For more than a decade, a growing body of evidence suggests that the planet is on the verge of economic and ecological collapse. Yet the vast majority of us do absolutely nothing to prepare for the stark conditions ahead.

- Oil prices will rise as supplies tighten? Hardly. (NEW)
- Energy policy and the Madness of Crowds (NEW)
- Debate rages on when oil will peak
- Too Much Energy Used to Mine, Move Bitumen Says BC Firm
- Saudi Oil Minister Calls Global Warming “Humanity’s Most Pressing Concern”

There are two dogmas that neoclassical economists must never publicly doubt lest they be defrocked by their professional priesthood: first, that growth in GDP is always good and is the solution to most problems; second, that free international trade is mutually beneficial thanks to the growth-promoting principle of comparative advantage. These two cracked pillars “support” nearly all the policy advice given by mainstream economists to governments.

A weekly roundup of peak oil news, including:
-Oil and the global economy
-The Iranian confrontation
-Gasoline
-In the Congress
-Quote of the week
-Briefs

High oil prices ensured that profits at the major oil companies rose again in 2011 – Shell’s full year profits leapt 54% to $28.6 billion while Exxon’s increased 35% to $41.1 billion. With this kind of money at stake it is no surprise it is almost impossible to get a sensible debate about our energy future...

The recent political struggles between Hollywood and networked culture underscore a profoundly disruptive fact: exclusive ownership rights are no longer as valuable as they once were. What really matters is the flow. Increasingly, knowledge and other intangible things are more valuable when they can circulate -- when they can be freely copied, shared and modified via open platforms.

As the saying goes, it is always darkest right before it goes completely black.

Rejoice in this: Seeds of futurity require the darkness within soil to dream.

America stands at a historic inflection point. The economic engine that carried our nation out of World War II, to then outperform the Soviets, is incapable of meeting the challenge of the twenty-first century. While the United States and some other Western economies are in the throes of a rare and disruptive debt crisis, the global economy is in the midst of three additional challenges: rapid economic inclusion, ecological depletion, and a resilience deficit. Though distinct, these four crises are inseparable in practical terms, forming a singular strategic test facing the United States. Simply put, the post-Cold War international economic system is fundamentally unsustainable.