Should you pay down debt?
Posted by Gail the Actuary on March 7, 2010 - 10:56am in The Oil Drum: Campfire
Topic: Economics/Finance
A few weeks ago we mentioned the possibility in a future Campfire of discussing paying down debt. I know some readers often talk about paying down debt as being a priority. I personally have been more iffy on the subject--maybe for some people, in some situations, but maybe not for others in other situations. What do you think?
We know debt is not is not very sustainable under peak oil, so some changes are likely ahead--but we really don't know what they are, or how they will work out. Also, we don't know whether there will be inflation, deflation, or just difficulty buying things that are even partially imported, or made using imported goods.
Food Security and Peak Oil: A Message to Local Citizens and Leadership
Posted by Jason Bradford on March 4, 2010 - 10:09am in The Oil Drum: Campfire
Topic: Policy/Politics
Tags: economics, food security, local government, peak oil [list all tags]
The following is the prepared text for a talk I gave in the city hall of Eugene Oregon the evening of Feb. 17, 2010. It was organized by two Lane County commissioners and the city mayor and is part of a series on Food Security. My role was to discuss food security in the context of peak oil. This speech is similar to one I gave last year that was also posted on The Oil Drum. At the end I recommended people look up The Post Carbon Institute and affiliates for good leads on what ideas and actions are happening in response to our predicament.
My presentation has 4 parts. First, I will connect what is going on in the economy right now with natural resources and the environment. Second, I will explain why oil is an especially important resource and what is meant by peak oil. Third, I will discuss the implications of economic decline and peak oil for the food system. And fourth, I will suggest what families and society can do given our predicament.
Opportunities and Constraints - A Contest of Ideas
Posted by Nate Hagens on February 28, 2010 - 10:50am in The Oil Drum: Campfire
Topic: Economics/Finance
Tags: original [list all tags]
What follows is a writing contest of sorts. Though most of us here have disparate opinions, some wildly so, we are all well versed in the details of the numerous crises (or if you like, 'opportunities') facing modern global civilization. Resource depletion, social inequity, environmental destruction, debt overshoot and others all vie for the #1 slot on our 'problem' barometer. Given the tapestry of constraints and opportunities we face, what goal would you pursue, and what actions would you recommend (or take) to get us from our complex and nuanced starting point today to where you’d envision. Punters, writers and philosophers from the 'doomer', cornucopian, techno-optimist, resource pessimist, Austrian school, Chicago school, and school of hard knocks are all encouraged to participate. (There will be prizes.)

Sailing into the Future
Posted by Debbie Cook on February 25, 2010 - 10:19am in The Oil Drum: Campfire
Topic: Environment/Sustainability
Tags: cargo, nautical, sailing, sustainability, transportation [list all tags]
This is a guest post by Captain Michael Kellick. Captain Kellick has been serving in tall ships for fifteen years, sailing all along the west coast of North America, to Hawaii and across the Caribbean. He is presently working with the Los Angeles Maritime Institute and studies Art as Moral Action with American opera director Peter Sellars at UCLA. He attended the 2009 ASPO conference in Denver last October.
What should you do with the money you have available? - Part 1
Posted by Gail the Actuary on February 21, 2010 - 10:48am in The Oil Drum: Campfire
Topic: Environment/Sustainability
What to do with your money is always a popular topic. As far as I can see, there is no one good answer. I see four basic choices regarding what to do with your money:
1. Spend it now.
2. Give it away.
3. Pay down debt.
4. Invest it using conventional approaches.
In this post, we will talk about 1 and 2. In later posts, we can talk about 3 and 4.
Bloomington, Indiana Peak Oil Task Force has Lots of Ideas
Posted by Gail the Actuary on February 17, 2010 - 7:10pm in The Oil Drum: Campfire
Topic: Environment/Sustainability
Dave Rollo of the Bloomington, Indiana Peak Oil Task Force sent me links to the material prepared by the task force, and wanted me to let others know about the work they have been doing. The main piece of work the group produced was a Final Report of the Task Force.
In this post, I thought I would share with you the executive summary of the final report, including a list of vulnerabilities and strategies identified by the Task Force. The latter includes a fairly detailed list of suggested actions which I thought readers might be interested in discussing. Are these reasonable actions? Which ones surprise you?
Making the Best of Our Situation Now
Posted by Gail the Actuary on February 14, 2010 - 10:55am in The Oil Drum: Campfire
Topic: Sociology/Psychology
Most of us think our situation 10, 20 or 50 years from now will not be as good as today, in one or more ways--less oil, reduced wealth in general, and the possibility of many other negative changes as well--loss of electricity; rapid population decline; and perhaps climate change.
My question is, "How can we keep ourselves from feeling discouraged, even though we strongly suspect our future situation will not be as good as today?" Below the fold, I give a few ideas.
Where will our staple foods come from?
Posted by Gail the Actuary on February 11, 2010 - 9:06am in The Oil Drum: Campfire
Topic: Environment/Sustainability
It seems like discussions of gardening are often focused on growing fruits and vegetables. The question that comes to me is, "What do we do about staple carbohydrate foods?" like wheat or corn (maize) or potatoes. These foods are ones that store well, and supply a large portion of the calories of the diets of most people around the world. In the US, wheat has tended to be a staple, but it is not easy for a home gardener to grow, and it requires processing that is more easily done by commercial equipment. So the question I have is, "How should we plan to get our staple carbohydrate foods going forward?"
I can think of several answers:
Medical Dark Matter
Posted by Nate Hagens on February 7, 2010 - 9:10am in The Oil Drum: Campfire
Topic: Environment/Sustainability
Tags: health care, public health [list all tags]
Below the fold is a guest essay from a friend of mine who is an internal medicine M.D. practicing in East-central Minnesota. (He posts on The Oil Drum as 'Rock climber'). The post is a shortened version of a longer essay on the interrelationships between health care, human health, human happiness and resource use. As the healthcare sector makes up fully 17% of the GDP of the USA and therefore represents a significant fraction of our resource throughput, this is a very important topic in discussions of more sustainable systems. If medical care is as inefficient as Rock climber thinks, healthcare policies focusing on basics might save considerable energy and other resources.

Does it Make Sense to Move to a New Location because of Peak Oil?
Posted by Gail the Actuary on February 3, 2010 - 7:09pm in The Oil Drum: Campfire
Topic: Environment/Sustainability
Tags: moving, peak oil [list all tags]
Does it make sense to move to a new location because of peak oil? I can think of reasons on both sides of the discussion. I list some ideas below the fold. How do readers feel about this issue?

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