Développement durable et efficacité énergétique
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Développement durable et efficacité énergétique
Pour un développement durable et pour l'efficacité énergétique. «Pour ce qui est de l’avenir, il ne s’agit pas de le prévoir mais de le rendre possible. »  Antoine de Saint-Exupéry
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Rescooped by Stephane Bilodeau from The Great Transition
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Climate change, debt and inequality 'threaten financial stability'

Climate change, debt and inequality 'threaten financial stability' | Développement durable et efficacité énergétique | Scoop.it
Ahead of Davos 2013, World Economic Forum calls on policymakers to step up efforts to tackle three biggest dangers

Via Willy De Backer
Stephane Bilodeau's insight:

"Continued stress on the global economic system is positioned to absorb the attention of leaders for the foreseeable future," the report said. "Meanwhile, the Earth's environmental system is simultaneously coming under increasing stress. Future simultaneous shocks to both systems could trigger the 'perfect global storm' with potentially insurmountable consequences.


"On the economic front, global resilience is being tested by bold monetary and austere fiscal policies. On the environmental front, the Earth's resilience is being tested by rising global temperatures and extreme weather events that are likely to become more frequent and severe. A sudden and massive collapse on one front is certain to doom the other's chances of developing an effective, long-term solution."

 

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Willy De Backer's curator insight, January 8, 2013 3:20 PM

Interesting report - my favorite quote from the press release: "Two storms – environmental and economic – are on a collision course"

Rescooped by Stephane Bilodeau from The Great Transition
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Degrowth, expensive oil, and the new economics of energy

Degrowth, expensive oil, and the new economics of energy | Développement durable et efficacité énergétique | Scoop.it

"Expensive oil ... does appear to be suffocating the debt-ridden, global economy, just as it is trying to recover ...

 

Unfortunately, mainstream economists, including those in government, seem oblivious to the close relationship between energy, debt, and economy, and this means they are unable to see that expensive oil is one of the primary underlying causes of today’s economic problems. Consequently, they craft their intended solutions (e.g. stimulus packages, quantitative easing, low interest rates to encourage borrowing, etc) based on flawed, growth-based thinking, not recognising that the new economics of energy means that the growth model, which assumes cheap energy inputs, is now dangerously out-dated. When growth-based economies do not grow, household, firms, and nations struggle to repay their debts, and quickly things begin to unravel in undesirable ways."

 

Excellent analysis by Dr Samuel Alexander of the links between global energy descent, rising commodity prices, the end of growth and the Great Depression.

 


Via Willy De Backer
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