Quote:
Originally Posted by sendler
"Of course there are alternative forms of energy that are becoming more efficient and affordable every year, and that’s a good thing. But ironically the alternative energy sector as it now exists relies entirely on fossil fuels. We need to recognize that fossil fuels are essential in the whole supply chain of a windmill or a solar panel, in mining the raw materials, shipping them, manufacturing them, transporting the manufactured products, even the advertising and government subsidies – will this process still be affordable when the Industrial Revolution reaches the bottom of the barrel? The last two hundred years are not representative of the life of our species. They were built on a foundation that is not sustainable, and when it crumbles, our capacity for innovation may need to be replaced by our capacity for renovation. Old technologies that were designed with the limits of economics and planetary sustainability in mind will once again become valuable, and our lives will have to change drastically as a result, All of the sane reforms I and others write about will become, maybe not inevitable, but certainly desirable options once we view the world and ourselves without the distortion of the fossil-fuel lottery pay-out. Some day soon we will have to go back to living on our yearly income. We will still be inventive when that day comes, but our inventions may look more like clever PTO shafts on horse-drawn farm equipment and less like space travel."
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https://www.resilience.org/stories/2...-of-something/ |
I'm reading 'Zombie Economics' right now.The author,so far,is advocating for a return to the John Maynard Kenesian model,and sights evidence on top of evidence to illustrate what economists are still promoting,which already caused a near-miss with a total global economic meltdown in 2008.
It looks like the United States will reach failed-state status,unless we adopt an economic system which mirrors China,India,Japan,Korea,a few others.