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What "Lower Consumption" Means
Consumption; Demand; Pricesprofgoose writes "

Executive Summary: The fevered frenzy of Industrial Civilization’s resource consumption appears to have finally reached its apex and begun its decline in this, the first decade of the twenty-first century. A closer look at the physical realities of resource extraction reveals that the resource situation is, in fact, terminal for our high-consumin’ civilization. Resource depletion is a predicament requiring adaptation to an entirely new low-consumption paradigm, rather than a problem to be solved with technological or social solutions. As a country, we need to start the conversation about what a lower-consumption, resource-poor society would look like, and begin the appropriate preparations.


The Insatiable Hunger of Industrial Civilization Over the past 150 years, the relentless combination of exponentially-increasing population and exponentially-increasing per-capita (i.e. per-person) consumption has significantly depleted a wide-range of resources necessary for the continuation of our modern Industrial Civilization. These include both non-renewable resources (ex: fossil fuels, metal ores, phosphate fertilizers, etc.) and theoretically-renewable resources that are being abused to such an extent that they are becoming essentially non-renewable on useful timescales (ex: fisheries, topsoil, freshwater, etc.).

Pick any of these key resources and the annual extraction rate data will likely show an exponential increase from the mid-1800’s to the present. Ask scientists about the resource and they will tell you the bad news: the annual extraction rate curve is near, at, or past the point of collapse. Ask conventional economists or politicians and they will tell you the good news: “Everything’s going to be OK; the market will take care of it; It always has.”

So who do we believe? Taking a quick look past the rhetoric, the situation becomes clear -- alarmingly so for those who wish the industrial party to continue, as well as for those who fear we are not properly prepared for what follows.

http://campfire.theoildrum.com/node/5937"

Posted on Thursday, November 05 @ 07:59:44 PST by Leanan
 
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