Four years on from nef’s Growth isn’t Working, this new report goes one step further and tests that thesis in detail in the context of climate change and energy. It argues that indefinite global economic growth is unsustainable. Just as the laws of thermodynamics constrain the maximum efficiency of a heat engine, economic growth is constrained by the finite nature of our planet’s natural resources (biocapacity).
January 25, 2010 // Written by:
Victoria Johnson,Andrew Simms,Peter Chowla
As economist Herman Daly once commented, he would accept the possibility of infinite growth in the economy on the day that one of his economist colleagues could demonstrate that Earth itself could grow at a commensurate rate.
Whether or not the stumbling international negotiations on climate change improve, our findings make clear that much more will be needed than simply more ambitious reductions in greenhouse gas emissions. This report concludes that a new macro economic model is needed, one that allows the human population as a whole to thrive without having to relying on ultimately impossible, endless increases in consumption.
Global Climate Change
E120, e130, e145, food-matters,
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Posted: 07/14/2014 1:58 pm EDT Updated: 07/14/2014 2:59 pm EDT
WASHINGTON — Former Vice President Dick Cheney said Monday that President Barack Obama is “devastating” the U.S. military and needs to divert more resources away from domestic priorities such as rebuilding roads and making sure low-income people can get food.
During an event sponsored by Politico, Cheney said the next president needs to “turn around the whole trend” of cutting defense dollars.
“That ought to be our top priority for spending. Not food stamps, not highways or anything else,” Cheney said. “Your No. 1 responsibility as president is to support and defend the Constitution of the United States. [Obama] is the commander-in-chief and he’s absolutely devastating the United States military today.”
Cheney was a leading advocate of invading Iraq in 2003. He said last month that he has no regrets about waging that war, which carried a price tag of an estimated $2.2 trillion and 190,000 lives.
Global Climate Change