Energy Archives – Page 3 of 5 – Center for the Advancement of the Steady State Economy

Bad Bros and Their Bitcoin

April 22, 2021/9 Comments/in Banking, Climate Change, Energy, Environment, Money and Investments, Steady State Herald, Sustainability, Technology /by Brian Czech

by Brian Snyder

Bitcoin needs to end, now. And other blockchain-based currencies along with it. If, like many people, you only have a vague idea of what Bitcoin is, you need to know two critical facts. First, Bitcoin is a currency that is “mined” via computing calculations, and second, in aggregate those calculations use about as much energy as the nation of Argentina. To make matters worse, that energy use is growing.

A recent analysis in Nature Communications estimated that by 2024 bitcoin mining in China alone would require nearly 300 terawatt-hours (TWh),

The Impact of Evolutionary Pressures on Economic Narratives

December 9, 2020/15 Comments/in Economic Growth, Economic Policy, Energy, Environment, Steady State Economy, Steady State Herald /by Brian Czech

by Carey King

People use narratives to support their position, and narratives can serve three purposes. First, they tell a story of belonging. If you meet a stranger and realize you are from a common area, you more easily engage in conversation than otherwise. Second, they describe norms that guide our actions. Most people in society follow certain norms such that by doing so, they are accepted as part of the group. Third—and most relevant to advancing the steady state economy—we use narratives to describe and learn about how the world works.

Wealth Transfers, Carbon Dioxide Removal, and the Steady State Economy

September 17, 2020/5 Comments/in Climate Change, Economic Growth, Economic Policy, Energy, Environment, Poverty, Steady State Economy, Steady State Herald, Sustainability /by Brian Czech

by Brian Snyder

In 2019, the U.S. per capita GDP was $65,000. It seems obvious that this level of economic activity is more than sufficient to meet the needs of the U.S. population; after all, if we can’t live fulfilled, productive lives in an economy producing $65,000 per person per year, more money and production will never be enough. Further, additional per capita economic growth in the USA is uneconomic. For example, economic growth to $75,000 per person per year will not increase our economic wellbeing nearly as much as it will decrease ecological wellbeing;

Uncommon Sense—The Foreword

September 3, 2020/3 Comments/in Biodiversity, Brian Czech, Consumption, Economic Growth, Energy, Environment, Steady State Economy, Steady State Herald, Sustainability /by Brian Czech

by Brian Czech

Editor’s Note: This foreword is an excerpt from the Steady State Press’ forthcoming book, Uncommon Sense: Shortcomings of the Human Mind for Handling Big-Picture, Long-Term Challenges by Peter Seidel. Preorder a copy now.

I first encountered Peter Seidel at a Society of Environmental Journalists conference in Wisconsin. Or perhaps it was a conference of the U.S. Society for Ecological Economics in New York.

The Silver Lining of the COVID-Caused Recession is Fading Fast

August 20, 2020/5 Comments/in Climate Change, Consumption, Economic Growth, Economic Policy, Energy, Environment, Steady State Economy, Steady State Herald, Sustainability /by Brian Czech

by Madeline Baker

From February to mid-April 2020, in an early and shocking stage of the COVID-19 pandemic, greenhouse gas emissions plummeted worldwide. Nowhere was the reduction more notable than in China, the country with the highest emissions. According to Lauri Myllyvirta, the lead analyst at the Centre for Research on Energy and Clean Air, China’s carbon dioxide emissions fell by 25 percent from the end of January through mid-February. Also,

Terrestrial and Solar Resources in a Steady State Economy

June 11, 2020/4 Comments/in Economic Growth, Economic Policy, Energy, Environment, Steady State Economy, Steady State Herald, Sustainability, Technology /by Brian Czech

by Herman Daly

Let us consider a different slant on the current discussion about the necessity versus sufficiency of renewable energy for a steady state economy at the present physical scale.

Pursuant to the pioneering economics of Nicholas Georgescu-Roegen (G-R), we recognize two sources of the low-entropy flow that sustains our lives: the solar and the terrestrial. They differ in their pattern of scarcity. The solar energy source is practically infinite in its stock dimension,

The Steady Stater Stance on Renewable Energy: A Clarification

June 2, 2020/11 Comments/in Brian Czech, Economic Growth, Economic Policy, Energy, Environment, Steady State Economy, Steady State Herald, Sustainability /by Brian Czech

By Brian Czech

Ever since my review of Michael Moore’s Planet of the Humans, some misunderstandings have come to light about the stance of myself, and by extension CASSE, on renewable energy. One such misunderstanding—spread far and wide—is that we are “against renewables.” A clarification is definitely in order.

CASSE and steady staters at large are all for renewable energy. Of course! Along with the steady state economy as the sustainable alternative to growth,

Crossroads for Planet of the Humans

May 27, 2020/31 Comments/in Brian Czech, Climate Change, Economic Growth, Economic Policy, Energy, Environment, Steady State Economy, Steady State Herald, Sustainability, Technology /by Brian Czech

by William Rees

[Editor’s Note: The Steady State Herald first published a review of Planet of the Humans on May 1. The following review adds valuable information to the dialog.]

“It stands to reason…”

Who hasn’t heard this expression in everyday conversation? Humans tend to think of themselves as rational beings, and many people sincerely believe they are being reasonable all the time.

The Second Cold War?

May 21, 2020/0 Comments/in Economic Growth, Economic Policy, Energy, Environment, Steady State Economy, Steady State Herald, Sustainability, Technology /by Brian Czech

By Brian Snyder

Over the past two months, there has been a great deal of talk about the environmental implications of the pandemic. Some have looked for glimmers of hope, others have predicted that we will shortly return to the status quo. I fear that the biggest outcome of the pandemic will not be its death toll nor its effects on the climate, but its impacts on geopolitics. Specifically, the deteriorating relationship between China and the USA may lead to a Second Cold War.

A Post-COVID Vision: The Full and Sustainable Employment Act

May 19, 2020/28 Comments/in Brian Czech, Consumption, Economic Growth, Economic Policy, Endangered Species, Energy, Environment, Jobs and Employment, Politics, Population, Steady State Economy, Steady State Herald, Technology /by Brian Czech

by Brian Czech

If COVID-19 has taught us anything, it is that the Great God of GDP is a false god after all, impotent as Baal. The mighty American economy, with unprecedented GDP, has been knocked to its knees by one of the lowest conceivable life forms, a mere virus possessing not a single strand of DNA. Politicians who thought their legacies would be associated with “the greatest economy ever” now look like ridiculous priests of a sham religion.