Another Voice: Living within our energy income ...Middle East

Ukiah Daily Journal - News
Another Voice: Living within our energy income
Traditional fiscal advice for a sustainable life style is to preserve your capital and live on your interest income.  The cautionary tale is a person who burns through an inheritance, living beyond their income, and eventually winds up bankrupt.  This same basic idea can be applied to natural resources and energy systems. Natural resources have a rate of renewal, and harvesting at less than that renewal rate is a prudent, conservative strategy, sustainable in the long term.  Harvesting above that rate eventually destroys the resource and whatever society it supports.  The history of civilization is littered with societies that collapsed after exhausting one or more of their critical natural

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