"New Zealand will inevitably make a transition to a steady-state economy. The onset of energy descent — having less and less energy to use with each passing decade — will push it to do so sooner rather than later. The critical question is whether the transition to a steady-state economy will be by design or disaster."  

Must-read article from the always inspiring Fleeing Vesuvius web site

Another extract:

Human civilisation’s current economic growth paradigm is unsustainable and headed for the disaster option. Our economic activities are totally dependent on the global ecosystems they are currently destroying. Governments may delay the disaster scenario with inadequate “green initiatives”, but only at the cost of yet more life-supporting ecosystems and the human carrying capacity of Mother Earth. The critical question is whether the transition to a steady-state economy will be by design or disaster.”

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