Gillian at the Trinity Art Gallery London City Island preview exhibition with her diptych of London Blues
15 hours ago, 5 tweets, 4 min read
Model for social housing @emptyhomes . I have also contacted #SimonElmer Director at #ArchitectsforSocialHousing Happy to zoom, skype meet Activists , charities and Organisations Serious about Self Build and #LoftMiles #BuilderOccupiers
Our Full report and solution offered for Real Affordable Homes will be available next week along with a Launch of our Dapp, Distributed Application employing smart contract technology to Curate the #LoftMiles process
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The Placemaking App we are building is in development , Here is a Mind Map-
38 minutes ago, 13 tweets, 6 min read
P2P , Gnutella, Blockchain a-z Satoshi-Sir Tim, Turing - Armstrong, Erlang to Neo4J #GrubStreetJournal a wood for the trees post.
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10 hours ago, 5 tweets, 4 min read
The Wharf by Rupert Murray#AuthenticPlaceMaking #PlaceMakingBasics #TrinityBuoyWharf The Incredible and peerless Trinity Buoy Wharf Eric Reynolds, John Bruton, Eric Sorenson, Cynthia Grant, Piers Gough This is my Docklands these are my heroes. #RLDReal
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Dort wo man Bücher verbrennt, verbrennt man auch am Ende Menschen.
Four Causes.classics.mit.edu/Aristotle/physics.2.ii.html
Place Making Notes for Presentation.
Archetypes, https://www.girvin.com/the-quest-for-the-archetype-in-the-design-of-place-making/ THE QUEST FOR THE ARCHETYPE IN THE DESIGN OF PLACE-MAKINGby TIM GIRVIN | BRANDS, PLACES, STORYTELLING | Feb 27, 2019 DESIGNING PLACES: EXPLORING THE DEEP METAPHORS, SYMBOLS AND ARCHETYPES IN PLACES MADE 1. Archetypes Emerge they are not designed. Lucian, Pythagorus I will not teach you I will Remind You. http://www.realrld.com/blog/placemaking-basics-by-for-and-of-the-people-basics-by-realrld-coming-soon-our-requirements-and-approach Rent Seekers or Placemakers? https://en.wikipedia.org/wiki/Henry_George One day in 1871 George went for a horseback ride and stopped to rest while overlooking San Francisco Bay. He later wrote of the revelation that he had: I asked a passing teamster, for want of something better to say, what land was worth there. He pointed to some cows grazing so far off that they looked like mice, and said, "I don't know exactly, but there is a man over there who will sell some land for a thousand dollars an acre." Like a flash it came over me that there was the reason of advancing poverty with advancing wealth. With the growth of population, land grows in value, and the men who work it must pay more for the privilege.[34]https://en.wikipedia.org/wiki/Progress_and_Poverty In his 1946 foreword to Brave New World, Aldous Huxley writes "If I were to rewrite the book, I would offer the Savage...the possibility of sanity...where community economics would be decentralist and Henry-Georgian".
2. Are we Rent Seeking or are we Place making are the two mutually exclusive?
http://www.realrld.com/blog/place-making-basics-lessons-from-brick-lane-authenticbasics-a-value-proposition-if-property-developers-made-beigels Beigel Bake or Beigel Shop. Authenticity.
There is a story (which may well be apocryphal) about an Italian politician who took a friend home to meet his mother. On the way, he warned his friend that his mother was a rather grand old lady, with high notions of decency and respectability. For this reason, he had not informed her that he was in politics, and asked his friend to keep his secret. “If she knew I was a minister in the government”, he said, “she would be appalled”.
His friend asked him what his mother thought he did do for a living. “She thinks I play the piano in a brothel”, replied the politician. “That’s far more respectable”. This story is a reminder that politicians as a genus have never topped the public popularity stakes. Some very decent men and women do go into politics, but the…Image of the Developer In the Mural at the Entrence to docklands by the Blue Bridge makes the same point. https://cspace.org.uk/category/archive/docklands-community-poster-project/
https://mapio.net/wiki/Q754680-de/
Traffic Light Tree (traffic light tree) is a light sculpture by the French sculptor Pierre Vivant (* 1952). The installation was erected in 1998 on a roundabout (Heron Quay Bank, Marsh Wall and Westferry Road) in the middle of the Canary Wharf office complex in Tower Hamlets, London. In late 2013, the sculpture was moved to the roundabout on Trafalgar Way (access to Billingsgate Fish Market).
https://londongardenstrust.org/inventory/gardens-online-record.php?ID=THM036
https://www.flickr.com/photos/brianac37/18056612485 Rope Makers Fields LDDC http://lddc-history.org.uk/wapping/index.html https://www.parksandgardens.org/places/ropemakers-fields Alan Titchmarsh. https://www.amazon.co.uk/Marigolds-Myrtle-Moles-Gardeners-Bedside-ebook/dp/B07TDDGFC8
Vernacular.
Robert John Community Battle for docklands. http://www.realrld.com/blog/may-22nd-2020 May 22nd, 2020 SOME PLACEMAKING NOSTALGIA WORKING BACK TO LATE 50’S VINTAGE DE-J LEVY, CHARLES CLORE, UP TO PAUL REICHMAN. ALL GIANTS #PLACEMAKINGBASICS #WEDODEALS #REALRLDhttps://t.co/xze0hplCVo https://youtu.be/_tIHBxUBXWA?t=2050 dr Barraclough. https://youtu.be/_tIHBxUBXWA?t=2277 Robert John Infrastructure. https://youtu.be/_tIHBxUBXWA?t=2349 Robert John joining Paul Reichman https://youtu.be/_tIHBxUBXWA?t=2722 Robert John Skills Match http://www.realrld.com/blog/placemaking-basics-by-for-and-of-the-people-basics-by-realrld-coming-soon-our-requirements-and-approach Ballymore Good Luck Hope, Royal Ballet, Fond of Ballet myself , Bethnal Green Ballet moved to Good Luck Hope. https://www.goodluckhope.com/islanders Trinity Buoy Wharf, Good Luck Hope ? Synergies? Eric Reynolds, John Burton. http://www.trinitybuoywharf.com/ https://www.goodluckhope.com/ Rock Family Trees. Banshees and other Creatures. https://www.youtube.com/watch?v=2FIrWHpgGxw The Cure. Roger O’Donnel. Studio Pump House Wapping Jules. https://en.wikipedia.org/wiki/Wapping_Hydraulic_Power_Station https://en.wikipedia.org/wiki/The_Wapping_Project https://en.wikipedia.org/wiki/Jules_Wright http://www.designcurial.com/news/jules-wright-4612191/ https://www.we-heart.com/2014/04/11/the-wapping-project-on-paper-black-dog-publishing/ https://www.designweek.co.uk/issues/march-2014/the-wapping-project-on-paper/ https://www.theguardian.com/artanddesign/2001/jun/29/art.artsfeatures Haring's only commandment is: thou shalt not have false idols - namely, money and the Church. He depicts his little people shaking and juddering at the command of a flying TV blazing with images of the almighty dollar, and an upside-down cross by which people are screwed. In Haring's universe, sexual energy is holy and religious morality is death. https://www.youtube.com/watch?v=oZWGv67qN3s
https://www.youtube.com/watch?v=gYS0hKB7EJY https://www.youtube.com/watch?v=PzMrllZscdQ https://twitter.com/WappingBankside/with_replies https://thewappingproject.org/archive/ https://vimeo.com/thewappingproject https://thewappingproject.org/about/ The Commitments http://www.youtube.com/watch?v=3paf2TLrgsgs Work without Hope BY SAMUEL TAYLOR COLERIDGE Lines Composed 21st February 1825 All Nature seems at work. Slugs leave their lair-- The bees are stirring—birds are on the wing-- And Winter slumbering in the open air, Wears on his smiling face a dream of Spring! And I the while, the sole unbusy thing, Nor honey make, nor pair, nor build, nor sing. Yet well I ken the banks where amaranths blow, Have traced the fount whence streams of nectar flow. Bloom, O ye amaranths! bloom for whom ye may, For me ye bloom not! Glide, rich streams, away! With lips unbrightened, wreathless brow, I stroll: And would you learn the spells that drowse my soul? Work without Hope draws nectar in a sieve, And Hope without an object cannot live. POLITICS: Son: "Dad, I have to do a special report for school. Can I ask you a question?" Father: "Sure son. What's the question?" Son: "What is Politics?" Father: "Well, let's take our home for an example. I am the wage earner, so let's call me "Capitalism". your mother is the administrator of money, so we'll call her "Government". We take care of your need, so let's call you "The People". We'll call the maid "The Working Class" and your little brother, we can call "The Future". Do you understand son? Son: "I'm not really sure, dad. I'll have to think about it." That night awakened by his brother's crying, the boy went to see what was wrong. Discovering that the baby had seriously soiled his diaper, the boy went to his parents' room and found his mother sound asleep. He went to the maid's room, where, peeking through the keyhole, he saw his father in bed with the maid. The boy's knocking went totally unheeded by his father and the maid, so the boy returned to his room and went back to sleep. The next morning he reported to his father. Son: "Dad, now I think i understand what politics is." Father: "Good son! Can you explain it to me in your own words?" Son: "Well Dad, while Capitalism is screwing the Working Class, Government is sound asleep, the People are being completely ignored and the Future is full of shit."
30 minutes ago, 20 tweets, 13 min read
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OpenBazaar Getting Node on Line[youtube https://www.youtube.com/watch?v=-RlbyKk1pWY]via @YouTube From the Archives #Tonefreqhz #PlacemakingBasics #MarketMaking #OpenBazaar #RealRLD from 2016 before Bitcoin price "Mooned"
[youtube https://www.youtube.com/watch?v=49jEkANG5gk]
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Writing a briefing including this from Mike ashley but also featuring Michael O'Leary ,Ryan Air, Jon Moulton and Andreas Tautscher. Cool heads in a WTF moment? #PlacemakingBasics #RealRLD
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This webinar will focus on major regeneration projects across the UK – as we gather experts on transforming large-scale sites and huge brownfield land.
Speakers will be invited to share details on their current development programme and future pipelines as well as providing advice and opinion on what the industry needs to do to survive the current crisis, what is requires in the short term and how we will manage the increased demand and activity once the UK recovers. This event will run in a similar manner to all of our physical events – with short presentations from several key speakers and opportunities for live Q&A and interaction. More speakers for this event will be announced soon.
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John Lee Hooker Boogie Chillen original 1948 version[youtube https://www.youtube.com/watch?v=G4pp02_GN9A]via @YouTube
Beigel Bake for me, many a trip home from the Bethnal Green Ballet was topped off with a Salt Beef with Mustard and Apple Strudel .
Placemaking Basics by RLD are Property Beigels for real people! Insist on the real thing. Value baked in! realrld.com/blog/placemaki…
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The Yellow One has been here longer (over a century longer, in fact), but it sells bacon
and that ladies and gentlemen is a lesson in Authenticity.
The Only Bagel I have had that I would prefer are those made by my Mate Jamie's Dad. This one for the memories Jamie.
The Following is a precursor to the Whitepaper on Redefining Fiscal Conservatism. The Terra/Energy Based Fiscal Unit. Föres and Lagom White Paper, Boundary Conditions for a Fiscal Conservatism based upon Circular Economics. (Part One) Scope.
Hannah Ritchie and Max Roser (2018) - "Fossil Fuels". Published online at OurWorldInData.org. Retrieved from: 'https://ourworldindata.org/fossil-fuels' [Online Resource]
⨊GåFöre(O⨋)The FedratedMutualSociety.⨊Före(s)And⨋Lagom(s) Putting the Complementary into Crypto Currencies!.
The Post is also a file note regarding calibration of the Embodied energy based currency which will be proposed in
⨊Före(s) The store of Value component of the föres, Lagom dynamic currency complex.
The first two articles demonstrate a mistake in Logic engendered by treating energy assets as a Debt Based Financial Asset, Energy is either there or not there once you have nothing there is nothing you can not have less than no energy. Therefore any stock of energy must always be positive although if one adopts the Energy Cost of Energy measure, you may need to use more accessible Energy to extract untapped energy. On the Energy Returned on Energy invested Curve the current state of the art for this concept looks like this. http://euanmearns.com/eroei-for-beginners/
Energy Cost of Energy is explained here by Dr Tim Morgan.
SEEDS uses an alternative measure, ECoE (the Energy Cost of Energy), which expresses cost as a percentage of the gross energy accessed.Because the world economy is a closed system, ECoE is not directly analogous to ‘cost’ in the usual financial sense. Rather, it is an economic rent, limiting the choice we exercise over any given quantity of energy. If we have 100 units of energy, and the ECoE is 5%, we exercise choice (or ‘discretion’) over 95 units. If ECoE rises to 10%, we now have discretion over only 90 units, even though the gross amount remains 100.This is loosely analogous to personal prosperity. If someone’s income remains the same, but the cost of essentials rises, that person is worse off, even though income itself hasn’t changed. Understanding ECoEECoE evolves over time. In the early stages of any given resource, ECoE is driven downwards by geographic reach, and by economies of scale. Once maturity is reached, depletion takes over as the driver, pushing ECoE upwards. In the pre-maturity phase, technology accelerates the fall in ECoE driven by reach and scale. Post-maturity, technology acts to mitigate the rise caused by depletion. But – and this is often misunderstood – the capabilities of technology are limited to the envelope of the physical characteristics of the resource. Fossil Fuels
Fossil fuels (coal, oil, gas) have, and continue to, play a dominant role in global energy systems. Fossil energy was a fundamental driver of the Industrial Revolution, and the technological, social, economic and development progress which has followed. Energy has played a strongly positive role in global change.
However, fossil fuels also have negative impacts, being the dominant source of local air pollution and emitter of carbon dioxide (CO2) and other greenhouse gases. The world must therefore balance the role of energy in social and economic development with the need to decarbonise, reduce our reliance on fossil fuels, and transition towards lower-carbon energy sources.
This entry presents the long-run and recent perspectives on coal, oil and gas - global and national production, consumption, reserves, prices and their consequences. I. Empirical View I.1 Fossil fuel production & consumption Global fossil fuel consumption over the long-term Fossil fuel production and consumption began with coal - its first reported uses date as far back as 4000BC in China where carving took place out of black lignite (one of the several forms of coal).1. However, large-scale combustion of coal is typically correlated with the period around the beginning of the Industrial Revolution.
The visualisation shows the global consumption of fossil fuels - coal, oil and gas - from 1800 onwards. Overall, we see that global consumption of fossil energy has increased more than 1300-fold. As shown, coal was the first and only fossil source until the 1860s when crude oil consumption began. Natural gas production began a couple of decades later, in the 1880-90s.
The 20th century saw a large diversification of fossil energy consumption, with coal declining from 96 percent of total production in 1900 to less than 30 percent in 2000. Today, crude oil is the largest energy source, accounting for around 39 percent of fossil energy, followed by coal and natural gas at 33 and 28 percent, respectively.
Energy Production & Changing Energy SourcesI. IntroductionAccess to energy is a key pillar for human wellbeing, economic development and poverty alleviation. Ensuring everyone has sufficient access is an ongoing and pressing challenge for global development.
However, our energy systems also have important environmental impacts. Historical and current energy systems are dominated by fossil fuels (coal, oil and gas) which produce carbon dioxide (CO2) and other greenhouse gases- the fundamental driver of global climate change. If we are to meet our global climate targets and avoid dangerous climate change, the world needs a significant and concerted transition in its energy sources.
Balancing the challenge between development and environment therefore provides us with an ultimate goal of ensuring everyone has access to enough sustainable energy to maintain a high standard of living.
In this entry we attempt to cover the fundamental pillars we need to understand global and regional energy systems: their evolution through time in terms of consumption, relative sources, and trade; progress in global energy access and our transition towards low-carbon sources; and crucially the main development, economic and health drivers behind the energy choices we make. It is intended to provide a fundamental background to the macro-trends in our historical and current energy systems, with key learnings on how we can use this understanding to shape pathways towards a sustainable future.asd II. Empirical View
II.1 Global total energy production – long-run view by source
Let's first take a look at how global energy production- both in terms of quantity and source- have changed over the long-term. In the visualisation below, we have plotted global energy consumption from 1800 through to 2015. Note that you can use the absolute/relative toggle on the chart to view these in absolute numbers or as the percentage of the global total.
II.6 Energy intensity of economies If we want to continue growing economically, increasing prosperity, and working towards poverty elimination (which most countries and individuals do) whilst efficiently managing energy resources (and reducing greenhouse gas emissions), 'energy intensity' becomes an important metric for tracking progress. Energy intensity measures the quantity of energy needed to produce one unit of gross domestic product (GDP) growth. It's typically measured in kilowatt-hours of energy needed to produce one dollar of growth (kWh per dollar). It is essentially a measure of the energy efficiency of economies; we want to achieve economic growth with as low an energy input as possible. In the chart below we show how the energy intensity of economies have changed since 1990 (measured in kWh per 2011 international-$). Here, we see a distinct downward trend- at the global level, as well as across all income-level brackets. Note that you can view trends for individual countries on the interactive chart, and get a global overview using the 'map' tab. In 1990, as a global average, it took 2.1 kWh of energy to produce one international dollar of economic output; in 2014 this had declined to 1.5kWh. This represents a 30 percent reduction. Efficiency gains have been seen across all income-levels. High-income economies typically have the lowest energy-intensity (i.e. they are more energy efficient per unit of economic output), and a large efficiency gap exists between lowest-income nations and the rest of the world. The relative energy intensity of economies is strongly linked to their composition, and more specifically the share of services versus industry and manufacturing output. The links between energy intensity and economy composition are discussed later in this entry. Embodied energy cost of opportunity cost. Which would be a true metric of decision making where resource constraints involve mutually exclusive investment decisions.Debt in Energy terms would be borrowing future Energy and using it up so that it is not available in the future In a very great sense this Energy Future Budget is Unknown. We have Proven Reserves and so forth and existing known Generating and refining and conversion capacities but until a sensible measure of debt based upon known future energy resources and their rate of use are coupled with ideas of a Unit of Debt, in the sense of Using future supplies or reserves Now instead of at some point in the future the Notions of Debt in financial terms are meaningless. We do Know that all Debts and Credits do not sum to Zero in the existing system and this is due to the Principal Debt being issued without the Interest Element , it is from this simple fact that Money Scarcity exists as an idea and gives a notion then of a Time value of money expressed as a rate of Interest. GLOBAL PRIMARY ENERGY USE ASSOCIATED WITH PRODUCTION, CONSUMPTION AND INTERNATIONAL TRADE https://longhairedmusings.files.wordpress.com/2018/07/fe7f8-screenshot2bfrom2b2018-05-242b13-07-09.png" 15% of the energy use embodied in trade turns out to be induced by final consumption, and 85% is attributed to intermediate production https://www.researchgate.net/publication/320445428_Global_primary_energy_use_associated_with_production_consumption_and_international_trade Steve you say EROI is only relevant to extractive industries I think this paper shows that is not correct. I think you are correct that International Trade is relevant, the relevance economically is relevant at the EROI embodied energy level though. Money in International Trade is a Convenient Posit ( Quine)(*1) What is important regarding that is that the receipt of currency can be exchanged for something tangible, the money receive is not an end in itself. Looked at in EROEI and embodied energy terms it actually makes your point crystal clear. That said its pretty clear to those who are objectively considering the point. (*1)P.41 para 2. http://letthemconfectsweeterlies.blogspot.se/2018/03/energy-returned-on-energy-invested.html https://surplusenergyeconomics.wordpress.com/2017/04/14/93-the-prosperity-equation/ MMT’s ignorance of economic thoughtMay 24 at 11:10amBill Mitchell has a new post “A surplus of trade discussions” responding to some of the criticisms of the MMT position on trade deficits (though he didn’t link to any of them, including my post “Some Preliminary Questions for MMT“). He opens with the proposition that “exports are a cost and imports are a benefit”, and reaches the following conclusion:
When it comes to trade, MMT focuses, initially on the real layer of the analysis.Thus it is undeniable (and I am surprised to read all those who are torturing themselves trying to deny it) – exports are a cost and imports are a benefit. Giving some real thing away is a cost. Getting some real thing is a benefit.That doesn’t equate, as I have been reading the last few weeks, in a conclusion that MMT’s preference is for a nation to have a current account deficit.
It just states the obvious fact that exports, by definition, involve sacrificing real resources and depriving a nation of their use.
INAPPLICABILITY OF OPPORTUNITY COST EXCEPT AT FULL EMPLOYMENTEnd of Ownership, Circular Economy Proof of Brain and Primary, Intermediary and Consumption Energy Tokens. A Framework Evolves.
Here is the Final Draft Spreadsheet available to download. ( Work In Progress)
Go to Sheet 3 .
![]() POST NAVIGATIONHere is my Working Draft spreadsheet for the synthesis of the Energy Production of the world in kilowatt-hours and the Debt Based world Financial economy based upon local dollar parity currency exchange rate basis from the CIA World Fact Book.![]() Do Americans Know How Weird and Extreme Their Collapse is Getting?Even the Dark Ages Would Laugh at Where We’re Going
Is it not really just another species of American Exceptionalism, is it perhaps White American Supremacy. With respect to Exceptionalism rather than the theme of this article, it is ubiquitous in societies going back through history. We find it in Plato's Noble Lie, We find it in The God Pharaohs in Egypt, Chosenness is perhaps the oldest form of Idolatry.
We find it in Calvinism in the Unconditional election and we find it in Judaism. Far from being sui generis to this time and place in history, it is ubiquitous.
All that said it is, of course, evident that the USA has had a tremendous decline in its Civil Society and Presidents Trumps approach seems to be to double down on American Exceptionalism and America First, as one Green Party Wag said about Brexit, It is an imaginary solution to Real problems the same could be said about American Exceptionalism, White Amerian Supremacy and to Netanyahu Zionism.
The foundations of the cause of the current discontents lie in two things, Misallocation of Financial Capital due to late-stage financial Capitalism.
The Misallocation of Capital is also compounded by the Logical mistake of Mistaking Money for wealth. Prosperity is founded upon Human Creativity and Conversion of Energy neither of which are present in the calibration of the Debt Based financial unit of account.
Here we see the real exceptionalism at play in modern America, The Washington consensus and the Globalised Neo-Liberal project. The Rise has been the Rise of the Barbarians at the gate of The masters of the Universe coupled with their Goons, the Military Industrial Complex.
So in Brexit, In MAGA and in White supremacy we have imaginary solutions to real problems.
The Answer to the problem is to put the Conservatism back into Fiscal Conservatism re-defined into an Energy-Based Currency Unit, Bingo!
Related posts.
-- 0046702273052 skype: rogerglewis Skype telephone number +46406931188 Portfolio of on line Profiles( Go on be Nosy ) CLICK HERE PLEASE #ConquestofDough
Energy Returned on Energy Invested, Surplus Energy Economics DataBase ( SEEDS) Embodied Energy Circular Economy. #GrubStreetJournal #GrubStreetScience #GrubStreetEnergy #TheExergist #TheExergyst Exorcising the stupid from the discourse on Political Economy, Energy and Climate Change Fanaticism.#TheExergistExergyIn thermodynamics, the exergy of a system is the maximum useful work possible during a process that brings the system into equilibrium with a heat reservoir, reaching maximum entropy.[1] When the surroundings are the reservoir, exergy is the potential of a system to cause a change as it achieves equilibrium with its environment. Exergy is the energy that is available to be used. After the system and surroundings reach equilibrium, the exergy is zero. Determining exergy was also the first goal of thermodynamics. The term "exergy" was coined in 1956 by Zoran Rant (1904–1972) by using the Greek ex and ergon meaning "from work"[1][3], but the concept was developed by J. Willard Gibbs in 1873.[4] Energy is neither created nor destroyed during a process. Energy changes from one form to another (see First Law of Thermodynamics). In contrast, exergy is always destroyed when a process is irreversible, for example loss of heat to the environment (see Second Law of Thermodynamics). This destruction is proportional to the entropy increase of the system together with its surroundings (see Entropy production). The destroyed exergy has been called anergy.[2] For an isothermal process, exergy and energy are interchangeable terms, and there is no anergy.
Fig. 8. Imbalance in the intermediate trade and final
trade (The size of the sphere represents the corre-
sponding economy's gross trade volume of embodied
energy.).
Global primary energy use associated with production, consumption and international trade (PDF Download Available). Available from: https://www.researchgate.net/publication/320445428_Global_primary_energy_use_associated_with_production_consumption_and_international_trade [accessed Mar 10 2018]. @article{article, author = {Wu, Xiaofang and Chen, G.Q.}, year = {2017}, month = {12}, pages = {85-94}, title = {Global primary energy use associated with production, consumption and international trade}, volume = {111}, journal = {Energy Policy}, doi = {10.1016/j.enpol.2017.09.024} I have spent a Week Assembling Data available through public API's so that I can build a model of World Economy based upon Energy Generation and Energy Consumption. Most of all of that has already been done what has not been done is creating a Money that embodies embodied energy as its objective valuation basis, The Value basis of money is subjective and as a subjective phenomenon is also a variable. A Bugbear expressed and repeated in the pages of this Blog more than once. http://letthemconfectsweeterlies.blogspot.se/2017/08/renewableseroi-why-money-doesnt-cut-it.html
Introduction to Technocracy – 1933 https://archive.org/details/introductiontotec00tech discussions — of ‘value,’ of fluctuating prices, of the gold standard, of changing interest rates, of items of pecuniary wealth which are at the same time items of debt — are merely discussions looking toward a readjustment of the factors which prevent them The problem of analysing political choices against the metric of a Monetary measure is the Money as a Thing is most certainly a Variable and as any good technologist, scientist or metrologist will tell you a unit of measurement has to be clearly defined and fixed. The dollar. He notes that it is a variable. Why anyone should attempt, on this earth, to use a variable as a measuring rod is so utterly absurd that he dismisses any serious consideration of its use in his study of what should be done. He also considers ‘price’ and ‘value’ and the fine- spun theories of philosophers and economists who have attempted to surround these terms with the semblance of meaning. These terms, like the monetary unit, may have had meaning to men in the past but they mean nothing whatsoever to the modern technologist. The standard of measurement is not relevant to the things measured; and the measuring rod and the things, measured as if they were stable, are all variables.
http://letthemconfectsweeterlies.blogspot.se/2017/09/money-does-not-initiate-economic.html Click the Link Below and please read this book, written by a Physicist, Engineer and sadly now departed all round good egg Prof. Sir David MacKay. https://en.wikipedia.org/wiki/David_J._C._MacKay
https://surplusenergyeconomics.wordpress.com/2018/03/06/121-interpreting-the-post-growth-economy/
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N2 - Presented in this study is a comprehensive analysis for energy use of different economic entities in global supply chains, including the exploiter, producer, consumer, intermediate trader and final trader. The systems input-output analysis method is adopted to trace the direct and indirect energy use associated with both intermediate production and final consumption activities in the economic system. In the world economy, 15% of the energy use embodied in trade turns out to be induced by final consumption, and 85% is attributed to intermediate production. Different trading patterns for different economies are identified with the separation between energy trade for intermediate production and that for final consumption. For Japan with a production-oriented trading pattern, intermediate trade should be a top priority in local trade structure adjustment, while final trade needs more attention for the government in the United States as the country is in a consumption-oriented trade pattern. This analysis aims to provide an in-depth insight into energy sustainability, as well as a sound scientific reference for policy making at the regional, national and global scale.
JF - Energy Policy
T1 - Global primary energy use associated with production, consumption and international trade
VL - 111
DO - 10.1016/j.enpol.2017.09.024
ER -
@article{article, author = {Wu, Xiaofang and Chen, G.Q.}, year = {2017}, month = {12}, pages = {85-94}, title = {Global primary energy use associated with production, consumption and international trade}, volume = {111}, journal = {Energy Policy}, doi = {10.1016/j.enpol.2017.09.024} On Notions of Debt, GDP and monetary measures of the Dismal science one asks the question what is the blogger problem, The end of Cheaply available Oil or the End of the Debt Based Petro Dollar?The Story of the petro dollar figures in my on Line PDF for understanding Climate Science. Which draws on the drilling into debt report linked above.
Thats been my week pretty much.
-- 0046702273052 skype: rogerglewis Skype telephone number +46406931188 Portfolio of on line Profiles( Go on be Nosy ) CLICK HERE PLEASE #ConquestofDough
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Roger G LewisMarket Commentary and shooting the breeze. Archives
February 2021
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'Carbon bubble' coming that could wipe trillions from the global economy
Demand for fossil fuels will decline in the near future with major macroeconomic and geopolitical consequences