{"id":17338,"date":"2014-05-29T06:44:35","date_gmt":"2014-05-29T04:44:35","guid":{"rendered":"http:\/\/www.w-t-w.org\/en\/?p=17338"},"modified":"2014-05-29T06:44:59","modified_gmt":"2014-05-29T04:44:59","slug":"has-growth-ceased-to-be-the-goal","status":"publish","type":"post","link":"https:\/\/www.w-t-w.org\/en\/has-growth-ceased-to-be-the-goal\/","title":{"rendered":"Should Growth Cease to be the Goal?"},"content":{"rendered":"<p>George Monbiot writing in the Guardian: \u00a0Economic growth is an artifact of the use of fossil fuels. Before large amounts of coal were extracted, every upswing in industrial production would be met with a downswing in agricultural production, as the charcoal or horse power required by industry reduced the land available for growing food. Every prior industrial revolution collapsed, as growth could not be sustained(3). But coal broke this cycle and enabled \u2013 for a few hundred years \u2013 the phenomenon we now call sustained growth.<\/p>\n<p>It was neither capitalism nor communism that made possible the progress and the pathologies (total war, the unprecedented concentration of global wealth, planetary destruction) of the modern age. It was coal, followed by oil and gas. The meta-trend, the mother narrative, is carbon-fuelled expansion. Our ideologies are mere subplots. Now, as the most accessible reserves have been exhausted, we must ransack the hidden corners of the planet to sustain our impossible proposition.<\/p>\n<p>On Friday, a few days after scientists announced that the collapse of the West Antarctic ice sheet is now inevitable, the Ecuadorean government decided that oil drilling would go ahead in the heart of the Yasuni national park(5). It had made an offer to other governments: if they gave it half the value of the oil in that part of the park, it would leave the stuff in the ground. You could see this as blackmail or you could see it as fair trade. Ecuador is poor, its oil deposits are rich: why, the government argued, should it leave them untouched without compensation when everyone else is drilling down to the inner circle of hell? It asked for $3.6bn and received $13m. The result is that Petroamazonas, a company with a colourful record of destruction and spills(6), will now enter one of the most biodiverse places on the planet, in which a hectare of rainforest is said to contain more species than exist in the entire continent of North America.<\/p>\n<p>The UK oil company Soco is now hoping to penetrate Africa\u2019s oldest national park, Virunga, in the Democratic Republic of Congo(8); one of the last strongholds of the mountain gorilla and the okapi, of chimpanzees and forest elephants. In Britain, where a possible 4.4 billion barrels of shale oil has just been identified in the south-east(9), the government fantasises about turning the leafy suburbs into a new Niger delta. To this end it\u2019s changing the trespass laws to enable drilling without consent and offering lavish bribes to local people. \u00a0These new reserves solve nothing. They do not end our hunger for resources; they exacerbate it.<\/p>\n<p>The trajectory of compound growth shows that the scouring of the planet has only just begun. As the volume of the global economy expands, everywhere that contains something concentrated, unusual, precious will be sought out and exploited, its resources extracted and dispersed, the world\u2019s diverse and differentiated marvels reduced to the same grey stubble.<\/p>\n<p style=\"text-align: center\"><a href=\"http:\/\/www.w-t-w.org\/en\/has-growth-ceased-to-be-the-goal\/a-sign-of-growth\/\" target=\"_blank\" rel=\"attachment wp-att-17339\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-17339\" src=\"http:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2014\/05\/A-Sign-of-Growth.jpg\" alt=\"A Sign of Growth\" width=\"186\" height=\"226\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>George Monbiot writing in the Guardian: \u00a0Economic growth is an artifact of the use of fossil fuels. Before large amounts of coal were extracted, every upswing in industrial production would be met with a downswing in agricultural production, as the &hellip; <a href=\"https:\/\/www.w-t-w.org\/en\/has-growth-ceased-to-be-the-goal\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":18,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[22,13],"tags":[],"class_list":["post-17338","post","type-post","status-publish","format-standard","hentry","category-corruption","category-finance"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.10 - aioseo.com -->\n\t<meta name=\"description\" content=\"George Monbiot writing in the Guardian: Economic growth is an artifact of the use of fossil fuels. 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