As described in Richard Heinberg’s The Oil Depletion Protocol, the most important peak oil mitigation strategy is simply to use less energy…in fact, less and less each year until oil has effectively ceased being a usable energy resource, in about 30-50 years or so. The common obstacle facing us is that nobody wants to change lifestyles. Aside from humanity’s resistance to change in general, when faced with the dire consequences, why do we do nothing?
Let’s think about what saving energy means. Generally speaking, it means doing things more manually. Eg.
• walking instead of driving
• hanging clothes to dry instead of tossing them in the dryer
• splitting wood, starting the fire, and keeping a wood stove stoked instead of just turning a dial for heat
• watching every kilowatt of electricity used
• taking the stairs instead of the elevator
• using a push-mower instead of a gas-powered ride-on mower
• using a shovel instead of a snowblower
• taking the bus or train instead of your car
Personally, since my wife and I both work in the city, we started taking the car together every day for work. Yes, it would be slightly cheaper to take the bus, even with us both buying bus tickets – but we would each spend an average of 1.5 hours more each day stuck on a bus, instead of at home doing what we really want to be doing. Given that my time is worth at least what I get paid at work for, it would actually cost me $50 more per day in terms of my life-energy to take the bus. Yes, you could mitigate it somewhat by say bringing a book, etc. but what I’m trying to get at is the perception of the value of people’s time as the key component of resistance to behavior change.
At the macro level, what we are really asking people to do is voluntarily trade their time doing things they want to do for things they would probably rather not be doing.
Back-to-the-landers believe that there is value in doing things ‘the old fashioned way’ and in a way that is respectful of the environment. Absolutely! High-powered executives could not imagine this approach having value, given the time 'wasted' by being denied instant communications, quick, cheap travel, comfort at the turn of a dial, etc. Absolutely! It all depends on your perspective about what’s important in life.
The problem with energy being so cheap for so long is that it has become unappreciated, taken for granted, a given. Although 'green' folks might say things like ‘slow economic growth’, most people like economic growth because it fuels hope and confidence in the future. Hope that the future will be better than right now, that our children will be better off than we are, and that things are looking up and moving forward. Politicians like economic growth because it fosters hope and confidence in that politician. The grim specter of peak oil is that without transformative change in almost everything we do, things will inevitably become worse, in fact worse and worse each year…forever! You can understand why no politician will touch that one!
Let us be clear about the importance of economic growth. Without economic growth, there could be no role for monetary interest. Under the current financial system, if you work 40 hours and ‘invest’ 1 hours-worth of salary, your 1 hour of work becomes perhaps 1.1 hours worth after one year if you are able to obtain a decent return on investment. How? Because your dollar was used to fund some enterprise which did some economic activity using energy – grew food, extracted resources, made something and sold it for more than it cost to produce it, etc, thus producing a profit and increasing assets and value. This is the basic idea of economic growth - your stored-up energy is used to do something which hopefully produces even more energy than you put into it. Your reward for helping to finance this operation is your return on your dollar.
A world with constrained or zero economic growth is a world where the amount of wealth you can control is constrained to the amount of work you do yourself. If you work 40 hours, you produce 40 hours worth of value. If you work 0 hours, you produce 0 hours worth of value. In today’s system however, if you save some of your ‘hours’ in a retirement fund, it grows substantially over time so that the value of your saved-up work becomes much larger than the work you put into it (eg. $100,000 of contributions become $400,000 after 30 years). This is the entire basis of pension plans, 401k’s, etc funding people’s livestyles for 20-30 years after they stop producing work. Without economic growth, you would have to save a far larger proportion of your pay from your working years in order to retire comfortably, or alternatively work much longer and retire much closer to the age when you die. As an example, if you worked for 30 years and lived for 30 more after you stopped working, you would have to save a whopping 50% of each pay from your working years to maintain the same income after you retire without the magic of compound interest. Right now the average worker contributes only about 6-8% of their pay in order to fund their entire retirement. The end of economic growth means the end of retirement for the vast majority of people.
I think it’s reasonable to assert that one of the near-universal features of humanity is the hope that your own children will have it better than you. Without economic growth, this is impossible for the masses by definition. For the vast majority, it will be a kind of steady-state subsistence living arrangement where the amount of wealth you command is roughly equivalent to the number of hours you work – that’s it, that’s all. Forget about modern-day euphanisms like ‘You can either work to make money, or make money work for you’. In the future, for the vast majority of people, you can only work to make money.
The new societal ideals of the low-energy world of the next 50 years must become something like creativity, self-expression, personal growth and spiritual development. In other words, focused on 'ideas' not 'stuff'.