The Crash Course: The Unsustainable Future of Our Economy, Energy, and Environment (42 page)

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Authors: Chris Martenson

Tags: #General, #Economic Conditions, #Business & Economics, #Economics, #Development, #Forecasting, #Sustainable Development, #Economic Development, #Economic Forecasting - United States, #United States, #Sustainable Development - United States, #Economic Forecasting, #United States - Economic Conditions - 2009

BOOK: The Crash Course: The Unsustainable Future of Our Economy, Energy, and Environment
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2.
Donella Meadows,
Limits to Growth
(New York: Signet) 1972.

Chapter 25: Future Scenarios

 

1.
“Saving Oil in a Hurry,”
International Energy Administration
.
www.iea.org/textbase/nppdf/free/2005/SavingOil.pdf
(accessed November 5, 2010).

2.
“Reserve Currency,”
Wikipedia
.
http://en.wikipedia.org/wiki/Reserve_currency
(accessed October 30, 2010).

Chapter 26: The Good News

 

1.
H. E. Daly,
Steady-State Economics: The Economics of Biophysical Equilibrium and Moral Growth
. (San Francisco: W. H. Freeman) 1977.

2.
Wissenschaftliche Selbstbiographie. Mit einem Bildnis und der von Max von Laue gehaltenen Traueransprache
., Johann Ambrosius Barth Verlag, (Leipzig 1948), p. 22, as translated in Max Planck,
Scientific Autobiography and Other Papers,
trans. F. Gaynor (New York: Philosophical Library, 1949), pp.33–34 (as cited in T.S. Kuhn,
The Structure of Scientific Revolutions
. (Chicago: University of Chicago Press, 1962).

3.
“Local Exchange Trading Systems,”
Wikipedia
.
http://en.wikipedia.org/wiki/Local_Exchange_Trading_Systems
(accessed November 4, 2010).

4.
“Demurrage (currency),”
Wikipedia
.
http://en.wikipedia.org/wiki/Demurrage_%28currency%29
(accessed November 7, 2010).

5.
“Ecological Footprint,”
Wikipedia
.
http://en.wikipedia.org/wiki/Ecological_footprint
(accessed November 4, 2010).

Chapter 28: The Opportunities

 

1.
“The US Geological Survey Mineral Resource Program Five-Year Plan, 2006–2010,”
U.S. Department of the Interior, U.S. Geological Survey
.
http://minerals.usgs.gov/plan/2006-2010/mrp-plan-2006-2010.pdf
(accessed November 8, 2010), 3.

2.
Bernard Lietaer, “Beyond Greed and Scarcity,”
Yes!
, June 30, 1997.
www.yesmagazine.org/issues/money-print-your-own/beyond-greed-and-scarcity
(accessed October 30, 2010).

Index

 

Abundance, resilience and

 

Action, in preparing for the future

 

Actual wealth

 

Aging, as predicament

 

Agricultural revolution, societies before and after

 

Agricultural systems, in three future scenarios

 

Agriculture.
See also
Community supported agriculture (CSA)

 

coming crisis in

 

“societal role of”

 

to sustain population growth

 

water in

 

Air

 

degradation in quality of

 

sources of oxygen in

 

Airlines, in Peak Oil Recognition scenario

 

Alaska

 

“Peak Oil” in

 

in Peak Oil Recognition scenario

 

Algae biofuels, transitioning from oil to

 

Algal biodiesel, oil versus

 

Alternative energy sources

 

coal

 

economic growth and

 

mathematics of

 

natural gas

 

nuclear

 

solar power, wind power, wave power, and other

 

time frame, scale, and costs related to

 

transitioning from oil to

 

American Dream

 

American Society of Civil Engineers, on U.S. infrastructure

 

Ammonia, in fertilizer

 

Amount of change

 

in exponential growth

 

“speeding up” and

 

Anchoring, inflation and

 

Ancient sunlight, oil/petroleum and coal as

 

Animal life, decline in

 

Anthracite coal, production and consumption of

 

Anxiety reduction, in preparing for the future

 

Aquifers

 

depletion of

 

energy and

 

exporting of water and

 

in relocating for the future

 

surface water versus

 

Argentina, economic crisis in

 

Asia

 

inflation and deflation cycles in

 

in Slow Tumble scenario

 

Asset bubbles

 

and Great Credit Bubble

 

characteristics of

 

Asset prices, bubbles and

 

Assets

 

debt and

 

economic growth and

 

in preparing for the future

 

Atmospheric carbon, nuclear energy versus

 

Australia

 

oil imports by

 

in Peak Oil Recognition scenario

 

in Slow Tumble scenario

 

uranium reserves in

 

Austrian school of economics, on credit bubbles

 

Authorities, in problem solving

 

Auto loans

 

Automobiles

 

minerals required to build

 

in Peak Oil Recognition scenario

 

Baby boomers

 

in foreseeable world economy

 

as predicament

 

Bacteria, exponential growth of

 

Bad debt, good debt versus

 

Bak, Per

 

Bank credit, as money

 

Banking, in future

 

Banking crises

 

Banking system, near collapse of

 

Banks

 

bubbles and

 

economic growth and

 

Federal Reserve and

 

future growth and

 

in GDP calculation

 

money creation by

 

Barter, money versus

 

Bartlett, Albert

 

on economic growth

 

Base metals, in preparing for the future

 

Base money

 

Batteries, new technology for

 

Beinhocker, Eric D., on complexity of economics

 

Bernanke, Ben

 

Bills, in money creation

 

Bingham Canyon Mine

 

Biocides, agriculture without

 

Biodiesel, oil versus

 

Biofuels

 

energy use from

 

oil versus

 

transitioning from oil to

 

Biomass, oil versus

 

Biosphere

 

Bituminous coal, production and consumption of

 

Bond markets, in Slow Tumble scenario

 

Bonds

 

in foreseeable world economy

 

future of

 

in money creation

 

Borrowing.
See also
Lending

 

future of

 

as government revenue source

 

Boskin Commission, on inflation measurement

 

Boston University, on United States liabilities

 

Bottom, in Slow Tumble scenario

 

Boulding, Kenneth

 

Boundaries, of complex systems

 

Brazil

 

in Peak Oil Recognition scenario

 

in Slow Tumble scenario

 

Breeder reactors, as nuclear fuel source

 

Bretton Woods I agreement

 

Brown coal, production and consumption of

 

Brown, Jeffrey

 

Brown, Lester

 

on fish depletion

 

on water depletion

 

Bubbles

 

characteristics of

 

in coming economic crisis

 

described

 

economic growth and

 

exponential debt and

 

future

 

history of

 

interest rates and

 

spotting

 

Buchanan, Mark

 

Budget(s).
See also
Energy budgeting

 

debasement of official statistics on

 

exclusion of Social Security from

 

managing of future

 

Budget deficits, hyperinflation from

 

Budget statistics, official debasement of

 

Bureau of Economic Analysis (BEA), inflation statistics reported by

 

Bureau of Labor Statistics (BLS), inflation statistics reported by

 

Bush, George W.

 

Business

 

economic growth and

 

future world and

 

Business loans, as investment debt

 

California, predicting earthquakes in

 

Cambridge Energy Research Associates (CERA), on oil production decline

 

Canada

 

in Peak Oil Recognition scenario

 

in Slow Tumble scenario

 

tar sand oil reserves in

 

uranium reserves in

 

Capital, future food supplies and

 

Capital base, in transitioning from oil to alternatives

 

Capital controls, in Peak Oil Recognition scenario

 

Capitalism, in end of growth

 

Carbon (C), nuclear energy versus

 

Career, of author

 

Carrying capacity, exponential growth and.
See also
Limited resources

 

Cars.
See
Automobiles

 

Cash.
See also
Money entries

 

in quantitative easing

 

in Undulating Plateau scenario

 

Catastrophic events, predicting

 

Central banks

 

in Peak Oil Recognition scenario

 

in Slow Tumble scenario

 

Chain reactions, exponential nature of

 

Challenges, opportunities versus

 

Change.
See also
Amount of change

 

future world and

 

opportunities in

 

over the next 20 years

 

Change management, in future

 

Checking account costs, in GDP calculation

 

Chemicals, in agriculture

 

Children, in relocating for the future

 

Chile, in Peak Oil Recognition scenario

 

China

 

coal production and consumption in

 

energy consumption in

 

nuclear power use in

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