Wednesday, June 24, 2009
From a presentation by RENEW's Michael Vickerman (above) at the Energy Fair of the Midwest Renewable Energy Association:
Energy Policy Must Recognize Energy Realities
+ Supplies of liquid fuels peaked in 2008
+ Capital is disappearing before our very eyes
+ Energy and food are the original currencies
+ The shift from stores to flows is inevitable
+ Current economy is highly energy-intensive
+ Energy return on energy invested (EROEI) must inform decision-making
+ We can’t afford to prop up existing energy sinks or engage in wealth-draining military adventures
Three paths to choose
+ Business as usual
+ Clean green technology
+ Curtailment and community
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