Free Range Library indexes last updated 15:41, 28/06/2018
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Feasta & The Risk/Resilience Network, 15/03/2010
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|Resource title||Tipping Point: Near-Term Systemic Implications of a Peak in Global Oil Production An Outline Review|
|Publication/ source||Feasta & The Risk/Resilience Network|
|Summary text/ abstract||The credit crisis exemplifies society's difficulties in the timely management of risks outside our experience or immediate concerns, even when such risks are well signposted. We have passed or are close to passing the peak of global oil production. Our civilisation is structurally unstable to an energy withdrawal. There is a high probability that our integrated and globalised civilisation is on the cusp of a fast and near-term collapse. Our primary question is what happens if there is a net decrease in energy flow through our civilisation? For it is absolutely dependent upon increasing flows of concentrated energy to evolve and grow, and to form and maintain its complex structures. The rules governing energy and its transformation, the laws of thermodynamics, are the inviolate framework through which all things happen – the evolution of the universe, the direction of time, life on earth, human development, the evolution of civilisation, and economic processes. This point is not rhetorical, access to increasing flows of concentrated energy, which can be transformed into work and dispersed energy, is the foundation upon which our civilisation stands. Yet we are at a point where these flows are, with high probability, about to begin decreasing. We should intuit that an energy withdrawal should have major systemic implications, for without energy flows nothing happens.|
|Library categories||Economics, 'Limits to Growth', Neo-Luddism, Peak Oil, Simplicity|
|Added to Free Range Library||03/01/2016|
Tipping Point: Near-Term Systemic Implications of a Peak in Global Oil Production
An Outline Review [670.5 kilobytes]
This file is not located within the Free Range Activism Website