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Category Archives: Economics
Ecological Ponzi scheme ignores natural capital
Below, my article, as it appears in today’s Irish Times: AT THE weekend, I took a load of junk from the garden shed up to the local recycling centre. Use of the Ballyogan facility costs €30 per car. Of course, … Continue reading
Pessimism of the intellect, optimism of the will
Any lingering sense, however slight, that humanity could shake itself from its collective somnambulation in time to arrest the coming twin ecological and resource catastrophes was finally snuffed out this month in Durban. Here, the nations of the world in … Continue reading
Hogan’s U-turn on climate is short-sighted and damaging
Below, my article as it appears in today’s Irish Times: WILL THE real Phil Hogan please stand up? On June 16th last, responding in the Dáil to questions from Sinn Féin’s Martin Ferris on whether climate change legislation was being … Continue reading
Survival of the fairest?
Greed, in the immortal words of Gordon Gekko from the movie Wall Street, is good. Or, as we were told over and over again in this country during the heady days of the Bubble, we just needed to free our … Continue reading
The decline and fall of the Human Empire
Below is my article, as it appears over four pages in the current edition of ‘Village’ magazine: Doomsday cults are as old as human civilisation. The Bible is a rich sourcebook for ‘End Times’ enthusiasts, who pore over Iron Age … Continue reading
In the world, at the limits to growth
By David Korowicz* We imagine this country is in crisis, yet crisis is relative. Most people in the world would envy our material austerity and be thankful for our endlessly ‘collapsing’ health service. But, with our expectations thwarted and in … Continue reading
Transforming the system: Is eco-innovation enough?
The challenge of the 21st century is to align our political, economic, social and technological systems with the science of sustainability and the reality of resource limits, while maintaining wellbeing for citizens. In 2011, we are facing the decade of … Continue reading
A Climate Bill Post-Mortem
Now that the Climate Change Response Bill 2010 has officially been consigned to the scrap heap, it is a good time to take stock of how the public debate around the Bill played out. As has already been discussed on … Continue reading
Greetings from 1930: a book extract
You might have thought that the last decade, and back in the 1980s, were the first occasions that banking in Ireland lost the run of itself, throwing our collective future in jeopardy. Not so. Or that the decade to 2008 was … Continue reading
Restructure debt, and phase out compound interest – that’s what our environmental and financial crises tell us
Agree or disagree with him, Morgan Kelly’s analysis in the Irish Times last week is a must read. Closing Ireland’s €20 billion deficit by €6 billion in 2011 spending is all fine and well, but it won’t do enough to stave off … Continue reading
Energy constraints will collapse global economic recovery
We may rail against the regulators, politicians, and others who failed to understand and manage past risks, but we are just as culpable for our failure to engage with severe, well-signposted, imminent ones. Impassioned arguments over bank nationalisation, the austerity-stimulus … Continue reading
The economics of climate change: discounting the future, ignoring the poor?
Economists looking at climate change face a difficult task, with uncertain climate models, chaotic climate systems and possible catastrophic threshold effects. Often, when looking at the impacts of climate change different mitigation/adaptation options and emission scenarios will be looked at, … Continue reading
Peak oil – what happens next?
Wednesday night last saw an interesting session to kick off several days of the 15th Convergence Sustainable Living Festival, organised by Cultivate. The two-hour session was entitled: ‘Planning our retreat from fossil fuels: exploring the ramifications of Peak Oil’ and … Continue reading
Low future price for carbon puts us on the wrong route
Transport investment is particularly expensive. And two points are emerging in Ireland. First, some facilities are significantly overcapacity. Second, there isn’t enough capacity in areas set to grow as the price of carbon emissions rise: the failure to adequately price … Continue reading