Page added on October 21, 2008
Conversations at the Bioneers conference last weekend (and by e-mail for many days now) have been dominated by a single theme: There is immediate need for a coherent policy with which the new US administration can deal with both the financial crash and the energy transition. Instead of propping up failing financial institutions, the new president must inject investment into the real economy by supporting wide-ranging but tightly coordinated projects to create far more renewable energy generation capacity, build railroads and public transport facilities, insulate millions of homes while providing alternative heat sources, and re-configure the national food system to dramatically reduce and soon eliminate the need for fossil fuels.
Clearly the next administration will have to do something dramatic to stop the hemorrhaging of the economy. Why a Green New Deal and not some other kind of stimulus package? Is this just the demand of a single constituency, one that will have to be weighed against and balanced with the needs of business, national defense, the struggling middle class, and of course, the bankers?
The answer to that question must be clear and unequivocal: This recession or depression is appearing at the exact historical moment when action to end our dependence on fossil fuels is required in order to avert the chaotic collapse of the entire human enterprise. Peak Oil and Climate Change present threats and imperatives of a scale unprecedented in human history. By taking up these imperatives through a de-carbonized retrofit of the nation
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