gulf blowup financial meltdown climate puffup
June 4, 2010 § Leave a comment
The gulf oil mess and the financial institution mess have lots in common
1. Bed regulations
2. Advanced tech without controls
3. Bad characters move to take advantage of the world through energy or finance
Both pollute the world, one through physical stuff, the other through conceptual stuff.
4. Empowered by institutions that are out of control.
Both will take an impossibly long time to clean up. The results will be with us for a long time.
Now, the reach. The oil in the gulf has a parallel in the co2 spreading in the atmosphere.
World annual 28 trillion tons of co2
Gulf oil spill est. 50 million gallons till au 1. At 8lbs per gallon, equals approx. .5 billion pounds.
We see that this is a long way from the annual (not cumulative) impact of c02. It should be noted that co2 can be taken out of the atmosphere by plants. The key is that the total of plants has to continual increase to take us back to a reasonable level of co2. I would like to see a good model of this process.
But back to the issue at hand. The gulf blow up, the financial meltdown and climate pollution are all technical, human character and institutional arrangements enabled.
Our inability to cope with the financial and BP problems show the lack of power civil society has over the institutions.
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