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Sustainable Energy Pricing
This volueme, like its companion volume (Sustainable Resource Department), is organized into an introductory chapter, seven chapters of content and an appendix. The underlying question posed throughout this book is: Does resource extraction -- and the subsequent economic development patterns dependent on those processes of primary energy-source production -- have to end badly for the natural environment? Accordingly, the chapters create their dissonant atonal symphony, exploring a number of aspects of economic theory and where they fit -- or more properly: fail to fit -- any rational plan of sustainable development. The appendix supplies the coda, in the form of an exploration of aspects of the 500 year history commercial exploitation of the ocean fisheries on the Continental Shelf of the northwest Atlantic. It is not an under-statement to say that, for the first 470 years, the harvesting of these resources posed little or no threat either to the marine enviornment nor to the present or future prospects of the coastal communities most involved in this activity. However, in the last 30 years of that half-minimum, what remained was literally raped from stem to stern at unprecedented speed. The historical exegesis brings out in striking manner how far off-base both the promoters of this fishery and its critics actually were with regard to the conduct of this fishery in modern economic conditions of vertically-integrated resource extraction. None of them manifested the slightest awareness of how this fishery could have averted the dramatic collapse that eventually destroyed the livelihood of the families of more than 40,000 commercial fisherman from the Canadian provinces of Newfoundland and Labrador, Quebec and Nova Scotia after 1992. This dialogue of the deaf was manifest not only in the late 1970s -- as the struggle over the northwest Atlantic fisheries' future heated up to become one of the sideshows of the global confrontation between the U.S. and Soviet superpowers over control of the world's oceanic spaces. The same thinking that failed to address the problems of that time was being repeated 30 years later by some of the most vociferous critics of the trawling fleets, Canadian and foreign, back in the 1970s.rnFinally, a word about the subtitle of this book: Creating A Sustainable Environment and Economy Through a New Science of Energy Pricing." Just to clarify the matter up front for the reader: The aim of this book is to initiate that process by preparing the necessary groundwork.rnThe late Nobel physics laureate Richard Feynman
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