02 May '11, 2pm

Grantham must-read "Time to Wake Up: Days of Abundant Resources and Falling Prices Are Over Forever"

Grantham must-read "Time to Wake Up: Days of Abundant Resources and Falling Prices Are Over Forever"

I briefly referred to our lack of numeracy as a species, and I would like to look at one aspect of this in greater detail: our inability to understand and internalize the effects of compound growth. This incapacity has played a large role in our willingness to ignore the effects of our compounding growth in demand on limited resources. Four years ago I was talking to a group of super quants, mostly PhDs in mathematics, about finance and the environment. I used the growth rate of the global economy back then – 4.5% for two years, back to back – and I argued that it was the growth rate to which we now aspired. To point to the ludicrous unsustainability of this compound growth I suggested that we imagine the Ancient Egyptians (an example I had offered in my July 2008 Letter ) whose gods, pharaohs, language, and general culture lasted for well over 3,000 years. Starting with o...

Full article: http://climateprogress.org/2011/05/02/grantham-must-read-...

Tweets

Now that exams are over: 10 must-read environmental books from 2010 to read in 2011

Now that exams are over: 10 must-read environme...

mnn.com 06 May '11, 11pm

"The Fate of Nature: Rediscovering Our Ability to Rescue the Earth" by Charles Wohlforth Can we humans surrender our greed...