Unbounded Uncertainty
Late last week the world’s central banks acted to head off panic among investors and lenders by pumping nearly a third of a trillion dollars of cash into the world’s financial markets. Something is clearly amiss.
Late last week the world’s central banks acted to head off panic among investors and lenders by pumping nearly a third of a trillion dollars of cash into the world’s financial markets. Something is clearly amiss.
On July 18, the National Petroleum Council delivered a blockbuster report to the US Secretary of Energy. The council advises the US federal government on energy issues. The council’s report—entitled Facing Hard Truths about Energy—assesses the “future of oil and natural gas to 2030 in the context of the global energy system.” Its 400 pages reveal a major shift in the energy industry’s publicly stated views about humankind’s energy prospects: We’re running out of cheap oil.
Thomas Homer-Dixon writes here on causality in complex systems, in response to Alex de Waal’s earlier post Is Climate Change the Culprit for Darfur? and to Declan Butler’s June 28th Nature article Darfur’s climate roots challenged.
What causes societies to collapse, and are our modern societies at risk of collapse themselves?
“More and more often, solutions to complex human conflict require complex solutions—solutions involving diverse organizations such as police forces, first responders, other government departments, non-government organizations (NGO/charities) and militaries. As a result, the politics of these operations can be Byzantine, the logistics overwhelming, and the moral and ethical considerations dizzying in their implications.”
DOES climate change threaten international peace and security? The British government thinks it does. As this month’s head of the United Nations Security Council, Britain convened a debate on the matter last Tuesday. One in four United Nations member countries joined the discussion — a record for this kind of thematic debate.
Response to book review “Panarchy and Dystopia.” Toronto Globe and Mail, November 11. 2006, by Will Kymlicka.
Having to search farther and longer for our resources isn’t the only new hurdle we face. Climate change could also constrain growth. A steady stream of evidence now indicates that the planet is warming quickly and that the economic impact on agriculture, our built environment, ecosystems and human health could, in time, be very large.
If we unleash Canada’s capitalist creativity, we could be an international leader in a suite of technologies urgently needed in a warming world that will depend on fossil fuels for many decades. These include technologies for the clean combustion of coal, for storing carbon dioxide underground, and for using hydrogen as a transportation fuel. We could make staggering amounts of money selling these technologies around the world.
Are there deep economic, social, political, or psychological causes of terrorism — things such as economic inequality, militant religious fundamentalism, or feelings of alienation and humiliation — and, if so, should we discuss them, analyze them, and then try to address them through our domestic and foreign policies?