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IPFS News Link • Technocracy

The Recognition

• https://www.theburningplatform.com by Jim Kunstler

The master-wish in this case is what, exactly? To control the weather? (Which we might define as the day-to-day expression of the planet's climate?) That ain't gonna happen. In case you haven't noticed, the business model of industrial civilization is already broken, and many of its dazzling tricks with it. And, anyway, the earth's climate is forever and always changing, as is the adaptive response to it by human populations over the centuries, sometimes slowly and sometimes fast.

So, the net result of this year's Glasgow Climate Summit is to pledge gobs of money from the "rich" nations to protect the poor nations, while mandating the reduction of oil, natgas, and coal in all nations, i.e., the global economy. Apropos of those "rich" nations, guess what: all of our modern money rests on promises to deliver future volumes of energy (and products of value made from it) and those promises are without basis in reality, so the money itself is increasingly worthless. Thus, the cost of getting that future energy exceeds the promises embedded in the money based on the energy. How's that for a paradox? We're the proverbial snake eating its own tail and now we've bitten off more than we can swallow.


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