A Quote by Tim Jackson
Today we find ourselves faced with the imminent end of the era of cheap oil, the prospect (beyond the recent bubble) of steadily rising commodity prices, the degradation of forests, lakes and soils, conflicts over land use, water quality, fishing rights and the momentous challenge of stabilising concentrations of carbon in the global atmosphere.
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There is much work to do to protect forests from over-timbering and oceans and lakes from over-fishing. We need to encourage and reward companies that create jobs to reduce the carbon footprints of offices and buildings and homes.
If global oil prices or commodity prices are high, then it is bound to create inflation. So, we should not be too worried if the inflation is created by global commodity prices. When they come down, inflation will automatically come down.
We see evidence that lakes and forests and wetlands can have different equilibria - so you have a savanna system that may be stable and thriving, but it can also tip over and become an arid steppe if pushed too far by warming, land degradation, and biodiversity loss.
Is water the next oil? Motives behind the question vary, depending on who asks the question. Those who see water as a future core commodity - therefore as profitable a prospect as oil - pose the question to create the right market conditions for water trade.
Our early 21st century civilization is in trouble. We need not go beyond the world food economy to see this. Over the last few decades we have created a food production bubble-one based on environmental trends that cannot be sustained, including overpumping aquifers, overplowing land, and overloading the atmosphere with carbon dioxide.
For the record, I am sticking with my claim that the simultaneous degradation of air quality, water quality, water supply, food safety, soil quality, and other environment-related variables is the main challenge to China's continued development.
Rising oil prices have focused the world's attention on the depletion of oil reserves. But the depletion of underground water resources from overpumping is a far more serious issue. Excessive pumping for irrigation to satisfy food needs today almost guarantees a decline in food production tomorrow.
...the era of cheap oil and natural gas is coming to a crashing end, with global oil production projected to peak in 2010 and North American natural gas extraction rates already in decline. These events will have enormous implications for America's petroleum-dependent food system
High prices can be the result of speculation, and maybe plunging prices can be attributed to the end of speculation, but low prices over time aren't caused by speculation. That's oversupply, mainly by Saudi Arabia flooding the market with low-priced oil to discourage rival oil producers, whether it's Russian oil or American fracking.
The world's forests need to be seen for what they are - giant global utilities, providing essential public services to humanity on a vast scale. They store carbon, which is lost to the atmosphere when they burn, increasing global warming. The life they support cleans the atmosphere of pollutants and feeds it with moisture. They act as a natural thermostat, helping to regulate our climate and sustain the lives of 1.4 billion of the poorest people on this Earth.
I believe water will be the defining crisis of our century — from droughts, storms, and floods to degrading water quality. We'll see major conflicts over water and the proliferation of water refugees. We inhabit a water planet, and unless we protect, manage, and restore that resource, the future will be a very different place from the one we imagine today.
I always have a good quality extra virgin olive oil. A cheap quality oil will end up cheapening your dishes. And I love sweetening my dishes with maple syrup. It has a bit of a bitter kick at the end that works wonderfully in savory dishes.
Fossil fuels, including oil, are running out and supplies are getting harder to find. If we do nothing, prices will continue to rise and our reliance on oil will come to an abrupt and tumultuous end, causing global economic and social turmoil.
The climate crisis is the greatest challenge humanity has ever faced. From not only the warming of the earth with higher global temperatures, but also from strengthening storms and expanding droughts to melting ice and rising seas, the costs of carbon pollution are already being felt by governments, corporations, taxpayers and families around the world. The climate crisis will affect everything that we love and alter the course of our future. Now, more than ever, we must come together to solve this global crisis. We must act decisively, rise to the occasion and solve this monumental challenge.
Rising carbon price is essential to 'decarbonize' the economy - to remove the nation towards the era beyond fossil fuels.
There is no such thing as agflation. Rising commodity prices, or increases in any prices, do not cause inflation. Inflation is what causes prices to rise. Of course, in market economies, prices for individual goods and services rise and fall based on changes in supply and demand, but it is only through inflation that prices rise in aggregate.
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