Archive for the ‘Science’ Category

Cold fusion experimentally confirmed

Saturday, March 28th, 2009

– This is a tough one to know how I feel about.  On one hand, a real solution of the fusion conundrum, would change the world for the better in an incredible way.  So, for that reason, I’d be very excited about this.  

– But, on the other hand, cold fusion has been a huge disappointment ever since the initial Fleischmann & Pons debacle in 1989.  

– Stories about cold fusion since then have reminded me of those Christian film makers who go off every year and make a film about how they’ve finally ‘found’ Noah’s original ark up on some mountain.  But then some freak event happens and they lose its location or they lose their their film or something.  Darn!

– Well, three separate labs now say they got ‘proof’ of cold fusion.  Well, maybe they do and maybe they don’t.  The next year, as others try to replicate their results, will tell the story.

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PORTLAND, Ore. — U.S. Navy researchers claimed to have experimentally confirmed cold fusion in a presentation at the American Chemical Society’s annual meeting.

“We have compelling evidence that fusion reactions are occurring” at room temperature, said Pamela Mosier-Boss, a scientist with the Space and Naval Warfare Systems Center (San Diego). The results are “the first scientific report of highly energetic neutrons from low-energy nuclear reactions,” she added.

Cold fusion was first reported in 1989 by researchers Martin Fleischmann and Stanley Pons, then with the University of Utah, prompting a global effort to develop the technology. Normal fusion reactions, where hydrogen is fused into helium, occur at millions of degrees inside the Sun. If room temperature fusion reactions could be realized commercially, as Fleishchmann and Pons claimed to have achieved inside an electrolytic cell, it promised to produce abundant nuclear energy from deuterium–heavy hydrogen–extracted from seawater.

Other scientists were unable to duplicate the 1989 results, thereby discrediting the work.

The theoretical underpinnings of cold fusion have yet to be adequately explained. The hypothesis is that when electrolysis is performed on deuteron, molecules are fused into helium, releasing a high-energy neutron. While excess heat has been detected by researchers, no group had yet been able to detect the missing neutrons.

Now, the Naval researchers claim that the problem was instrumentation, which was not up to the task of detecting such small numbers of neutrons. To sense such small quantities, Mosier-Boss used a special plastic detector called CR-39. Using co-deposition with nickel and gold wire electrodes, which were inserted into a mixture of palladium chloride and deutrium, the detector was able to capture and track the high-energy neutrons.

More…

– research thanks to Bruce S. (a way down in New Zealand)

On being able to see the Perfect Storm

Saturday, March 28th, 2009

Dennis,

Well, I know I recently prioritized peak oil ahead of climate change as our most immediate threat, the one that will hit us most acutely when it arrives full force. And I hold by that position. However, I realize that I was not relating my entire position. The bigger picture, of course, is that climate change will ultimately have a larger, more catastrophic affect on not just us, but the whole biosphere as well. And because the tipping points for climate change are so near, if they haven’t arrived already, we need to do all we can immediately to reduce CO2 emissions. What I fear most is that peak oil will create a scenario as bad as Kunstler described in “The Long Emergency“, and that the crisis will be extended and worsened by the damage from climate change. It will be a one-two knockout punch. I think I’ll live long enough to see things really start to fall apart. Hell, I might even be swallowed by turmoil. I’m most bothered, though, by how it will affect my kids. That’s painful to think about, and I try not to dwell on it, especially around them.

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A,

I understand.  When I think about all this stuff, I always try to see it dynamically with all the parts moving together.  The fact is, that’s how it actually works in the physical world regardless of how we humans conceptualize it all.

That’s usBut none of us, myself included, are very good at seeing a lot of parts moving together unless we’ve been thinking about the situation for long time and have converted most of the subject matter from short-term memory (where we have to work hard to manifest the conceptualization) to longer-term memory (where we only need to reflect on the subject for a moment before it all comes full-blown into your cognitive space).

Once you’ve thought long enough about a number of pieces in isolation, then you can begin to keep them all in mind and see the relationships among them easily.  And, if you do that long enough, then pretty soon, keeping the entire assemblage in mind is, itself easy, and then you can begin to add more stuff and relate it all to bigger and bigger pictures.

I know you know all this because I’m sure that something very like it happens to you when you begin working on a large and complicated documentation project.  At the beginning, it’s a huge mass of stuff that you grapple with and near the end, it is something you can move through with great fluidity in you mind’s eye.

A mistake I see humanity make over and over again, involves ignoring the understanding I’ve just laid out here.

We like to deconstruct things and to isolate them so they become small enough that we can easily grasp them.  Then we fit the pieces together in a cause and effect sequence-story and, when we can walk through the entire structure, we think we’ve got the situation mapped and we’re good to go.

But, it seldom works that way.  We take a first cut and, if it seems reasonable, we declare that we ‘understand it’.   But then, after some time passes and the shortfalls between our model of some reality and the facts of that reality begin to crop up, we realize that we have to expand our theory and make our second approximation.   So, we do and once we think it is good, we declare it done and say, again, that we ‘understand’.   But them, typically, the process repeats and the differences between our second approximation and the reality it emulates becomes apparent and then the reevaluation begin again.  This iterative process can run to quite a few repeats.

But, the key point to take away from all of this is that the beginning approximations are built on stick-figure cause and effect deconstructions whereas the later more sophisticated ones tend to be much more dynamic and have many more interacting parts.   “Arithmetic to Algebra to Calculus” is the mantra I use to remind myself of this sequence and I see the failures to understand it all around me as I look at mankind’s attempts to ‘understand’ the world around himself.

What I call “The Perfect Storm” is my attempt to describe a large dynamic that one can see in the world around us, if one simply dwells on all the isolated problems like Global Climate Change, pollution, water shortages, oil shortages and etc. long enough.   At some point, a larger vision appears to you and you see that all of these many individual disasters-in-the-making are moving, all at the same time, and that they are, or they will be, potentiating each other.

Then, in addition, dwell on human nature and how and why human beings make the decisions they do en-masse.   Look at history, look at sociology and, most instructively, look at the relatively new science of environmental psychology.  Consider for a long time what humans say about their thinking and motivations and then consider what their actions say about these same things.   Dwell on all of this until you can hold it all in mind and then mix it together with the “Perfect Storm” hypothesis and let all of those parts freely inter-mix until you can see the dynamic interplay of all of that working together.

And finally, think about the folks you love and where they will be in the future and what these upcoming changes might mean to them and their happiness and their health – in that future.

One has to pay his or her dues to see these visions by thinking long and hard about all of this stuff before the ‘Big Picture’ start to come clear in your mind.  And reality doesn’t care if any of us see the Big Picture.  Reality is simply a set of physical laws that, given certain inputs, are going to operate to produce certain results – regardless of whether we can see it all happening around us or not.

In summary, most people will never spend the time to think long enough about all of this to see it.   And most people have deep vested interests that emotionally will prevent them from allowing themselves to see these things anyway even if they think about it.  And the fact that most people won’t or cannot see these big patterns developing is, itself, one of the biggest reasons why it is all going to happen and why most of humanity is going to be deeply surprised when it does.

Gates Foundation strategy raises key question:

Tuesday, March 24th, 2009

– I know a young lady who works at the Gates Foundation and who is the daughter of a friend of mine.  I’ve posed pretty much the same question to her as this excerpt from an article over on the Climate Progress Blog poses.

– The essence of the question is:

“Isn’t helping people in the third-world to have a happy and productive life kind of like arranging the deck furniture on the Titanic?  Given that Global Climate change will ultimately undo and destroy whatever brief good you do?”

– I Applaud their idealism but I decry where they choose to put their efforts at improving the world.

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Can the problems of the developing world be solved by ignoring global warming?

Salon has published my article on the biggest flaw in the strategy of the Bill and Melinda Gates Foundation. I’m going to expand on that article in a two-parter here.

The timing could not be better with the Tom Friedman “Ponzi scheme” discussion. For while the the richest foundation in the world certainly has taken on the noblest and greatest of challenges — to help billions of people who “never even have the chance to live a healthy, productive life” reach that opportunity themselves — its efforts are ultimately doomed to fail if we don’t stop catastrophic warming.

Also, the two men who have donated much of their vast wealth to make it possible, Bill Gates and Warren Buffet, are Exhibits One and Two of the “very serious people who are perceived as essentially nonpartisan opinion leaders” who must speak out on climate change if we are to avert the worst (see “Is 450 ppm (or less) politically possible? Part 7: The harsh lessons of the financial bailout “).

Yet when we saw them together last summer, they were touring the Ponzi Canadian tar sands, as The Calgary Herald reported (see here):

A source said Gates and Buffett, who in recent months said he favours investing in the Canadian oil sands because it offers a secure supply of oil for the United States, visited the booming hub to satisfy “their own curiosity” but also “with investment in mind.

The tar sands are an environmental abomination that require huge amounts of natural gas to produce fuel with far higher life-cycle greenhouse gas emissions than oil. They have rightly been called by Greenpeace the “biggest global warming crime ever seen.” The Catholic bishop whose diocese extends over the tar sands posted a scathing pastoral letter in January that challenges the “moral legitimacy” of tar sands production.

More…

Ben Bernanke

Saturday, March 21st, 2009

Ben BernankeI watched Ben Bernanke do an interview on a recent edition of 60 minutes tonight (we’d recorded it earlier).

There were many interesting things in the interview but there were two main ones I came away with:

(1) of all the things he discussed about how we might avoid another melt down in the future, the only one he mentioned that seemed significant to me was the idea that we need a level of  ‘systemic regulation’.

Indeed, it seems to me that there were very few people who really saw this thing unfolding and, of those, none of them were in a real position of power to do anything about it.  It was a big case of ‘no single raindrop thinks it is responsible for the flood’.

(2) The second thing was what he didn’t say when he was asked about what a recovery might look like.

He talked about the financial system firing up again and banks being able to borrow and lend money.   He talked about the U.S. economy being the strongest in the world and that we will be able to maintain that position.

What he didn’t acknowledge is that firing the economy back up and resuming business as usual just isn’t viable – if business as usual means more growth, more production, more population, more pollution and more consumption.

In a larger context, the current economic problems are a small tempest that may sort itself out in six months or two years, but it probably will.   But, if we resume growth, as we were growing before, even if we have good systemic financial market regulation – we will still be bound for a new disaster far far bigger than this minor bump-in-the-road financial crisis we’re currently in the middle of.

Mr. Bernanke is obviously a very intelligent man.   And I am much encouraged by the fact that he seems to be from neither the Wall Street world or the Beltway world.

But, if his measure of success is to resume an economy whose functioning is deeply dependent on incessant growth in a finite world, then he’s just going to take us from the frying pan into the fire – and I didn’t get that he sees that.

Biofuels Boom Could Fuel Rainforest Destruction, Researcher Warns

Sunday, March 15th, 2009

Farmers across the tropics might raze forests to plant biofuel crops, according to new research by Holly Gibbs, a postdoctoral researcher at Stanford’s Woods Institute for the Environment.

“If we run our cars on biofuels produced in the tropics, chances will be good that we are effectively burning rainforests in our gas tanks,” she warned.

Policies favoring biofuel crop production may inadvertently contribute to, not slow, the process of climate change, Gibbs said. Such an environmental disaster could be “just around the corner without more thoughtful energy policies that consider potential ripple effects on tropical forests,” she added.

Gibbs’ predictions are based on her new study, in which she analyzed detailed satellite images collected between 1980 and 2000. The study is the first to do such a detailed characterization of the pathways of agricultural expansion throughout the entire tropical region. Gibbs hopes that this new knowledge will contribute to making prudent decisions about future biofuel policies and subsidies.

Gibbs presented her findings in Chicago on Feb. 14, during a symposium at the annual meeting of the American Association for the Advancement of Science. The symposium was titled “Biofuels, Tropical Deforestation, and Climate Policy: Key Challenges and Opportunities.”

More…

U.S. infrastructure crumbling

Sunday, March 15th, 2009

The nation’s roads, bridges, levees, schools, water supply and other infrastructure are in such bad shape that it would take $2.2 trillion over five years to bring them up to speed. But even that huge chunk of change would only raise their grade from a “D” average to a “B,” according to the latest “Report Card for America’s Infrastructure” released today by the American Society of Civil Engineers (ASCE).

“We’ve been operating on a patch-and-pray system,” says ASCE President D. Wayne Klotz. That is, patch something and pray that it holds up—instead of providing regular improvements for aging facilities.

Like a car, he notes, if you keep skipping oil changes and ignoring the funny clanking noise, it’s going to be a lot more expensive to fix the major problems happen down the proverbial road.  In fact, the current estimate of $2.2 trillion is 70 percent more than the $1.8 trillion the ASCE estimated it would cost to bring the U.S. infrastructure up to par four years ago. And the D grade has remained the same.

“It’s the kind of report card you would have expected on the eve of the collapse of the Roman Empire,” says Stephen Flynn, a senior fellow at the Council on Foreign Relations, a nonpartisan think tank in New York. “It’s not the kind of grade you want to bring home to Mom.”

Flynn says a major problem is that we take the infrastructure for granted, which makes it difficult to generate awareness until there’s a major event, such as the 2007 fatal bridge collapse in Minneapolis or levee failures during deadly Hurricane Katrina in 2005.

“There’s no sex appeal to invest in it, so we don’t,” he says.

More…

Many drug trials never see publication

Friday, February 13th, 2009

Why am I not surprised, when corporations and their unrelenting drive for profits above all else are behind so many medical decisions made in the U.S.A?

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Results of most drug trials are unreported, inaccessible to clinicians and patients, a new study confirms

 Patients asking their doctors if a new drug is right for them would do well to also ask for supporting evidence. Conclusions about drug safety and effectiveness in reports submitted to the FDA are sometimes changed to favor the drug in the medical literature, a new analysis finds. And nearly a quarter of submitted drug trials were never published at all, researchers report in the Nov. 25 PLoS Medicine.

Information published in journals is the most accessible to health care professionals and also drives marketing of new drugs. The new study suggests that this information is incomplete and biased, says health policy expert Lisa Bero of the University of California, San Francisco, who led the study.

An-Wen Chan, who wrote an accompanying commentary but was not involved with the work, says he does not think health care providers will be surprised to learn of suppression and inaccurate reporting of new drug information.

“These new findings confirm our previous suspicions that this is happening on a much broader systemic level. It shows that information is unavailable to those who really need it the most — the clinicians and the researchers,” says Chan, of the Mayo Clinic in Rochester, Minn. “If we take the view that research on humans is ethical, is allowed based on an assumption of public good, then all clinical trial information should be publicly available.”

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The End – of Wall Streets Boom

Tuesday, January 27th, 2009

– I’ve written before on how blessed I feel to have the friends I have.   Good intelligent sincere people.   And we are each blessed as we, for a moment, are allowed to see the world through each other’s eyes.   We share and we listen and we are each enriched by our exchanges.     I feel especially fortunate to have the friends I do because they enrich me immensely.

– One of my friends sent me a link to the following story which I read this morning.   He has a degree from Oxford in Economics and after a good deal of thought about the state of our world, he and his family have moved from Europe to rural New Zealand.

– Read the story and I think you’ll see why a lot of us are thinking there’s little hope for humanity’s current attempt at building a global civilization.

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The era that defined Wall Street is finally, officially over. Michael Lewis, who chronicled its excess in Liar’s Poker, returns to his old haunt to figure out what went wrong.

To this day, the willingness of a Wall Street investment bank to pay me hundreds of thousands of dollars to dispense investment advice to grownups remains a mystery to me. I was 24 years old, with no experience of, or particular interest in, guessing which stocks and bonds would rise and which would fall. The essential function of Wall Street is to allocate capital—to decide who should get it and who should not. Believe me when I tell you that I hadn’t the first clue.

I’d never taken an accounting course, never run a business, never even had savings of my own to manage. I stumbled into a job at Salomon Brothers in 1985 and stumbled out much richer three years later, and even though I wrote a book about the experience, the whole thing still strikes me as preposterous—which is one of the reasons the money was so easy to walk away from. I figured the situation was unsustainable. Sooner rather than later, someone was going to identify me, along with a lot of people more or less like me, as a fraud. Sooner rather than later, there would come a Great Reckoning when Wall Street would wake up and hundreds if not thousands of young people like me, who had no business making huge bets with other people’s money, would be expelled from finance.

When I sat down to write my account of the experience in 1989—Liar’s Poker, it was called—it was in the spirit of a young man who thought he was getting out while the getting was good. I was merely scribbling down a message on my way out and stuffing it into a bottle for those who would pass through these parts in the far distant future.

Unless some insider got all of this down on paper, I figured, no future human would believe that it happened.

I thought I was writing a period piece about the 1980s in America. Not for a moment did I suspect that the financial 1980s would last two full decades longer or that the difference in degree between Wall Street and ordinary life would swell into a difference in kind. I expected readers of the future to be outraged that back in 1986, the C.E.O. of Salomon Brothers, John Gutfreund, was paid $3.1 million; I expected them to gape in horror when I reported that one of our traders, Howie Rubin, had moved to Merrill Lynch, where he lost $250 million; I assumed they’d be shocked to learn that a Wall Street C.E.O. had only the vaguest idea of the risks his traders were running. What I didn’t expect was that any future reader would look on my experience and say, “How quaint.”

I had no great agenda, apart from telling what I took to be a remarkable tale, but if you got a few drinks in me and then asked what effect I thought my book would have on the world, I might have said something like, “I hope that college students trying to figure out what to do with their lives will read it and decide that it’s silly to phony it up and abandon their passions to become financiers.” I hoped that some bright kid at, say, Ohio State University who really wanted to be an oceanographer would read my book, spurn the offer from Morgan Stanley, and set out to sea.

Somehow that message failed to come across. Six months after Liar’s Poker was published, I was knee-deep in letters from students at Ohio State who wanted to know if I had any other secrets to share about Wall Street. They’d read my book as a how-to manual.

In the two decades since then, I had been waiting for the end of Wall Street. The outrageous bonuses, the slender returns to shareholders, the never-ending scandals, the bursting of the internet bubble, the crisis following the collapse of Long-Term Capital Management: Over and over again, the big Wall Street investment banks would be, in some narrow way, discredited. Yet they just kept on growing, along with the sums of money that they doled out to 26-year-olds to perform tasks of no obvious social utility. The rebellion by American youth against the money culture never happened. Why bother to overturn your parents’ world when you can buy it, slice it up into tranches, and sell off the pieces?

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– Research thanks to Robin S.

Songs From the Sea: Deciphering Dolphin Language With Picture Words

Tuesday, January 13th, 2009

CUMBRIA, England and FORT LAUDERDALE, Florida, December 30

In an important breakthrough in deciphering dolphin language, researchers in Great Britain and the United States have imaged the first high definition imprints that dolphin sounds make in water.

The key to this technique is the CymaScope, a new instrument that reveals detailed structures within sounds, allowing their architecture to be studied pictorially. Using high definition audio recordings of dolphins, the research team, headed by English acoustics engineer,

John Stuart Reid, and Florida-based dolphin researcher, Jack Kassewitz, has been able to image, for the first time, the imprint that a dolphin sound makes in water. The resulting “CymaGlyphs,” as they have been named, are reproducible patterns that are expected to form the basis of a lexicon of dolphin language, each pattern representing a dolphin ‘picture word.’
Certain sounds made by dolphins have long been suspected to represent language but the complexity of the sounds has made their analysis difficult. Previous techniques, using the spectrograph, display cetacean (dolphins, whales and porpoises) sounds only as graphs of frequency and amplitude. The CymaScope captures actual sound vibrations imprinted in the dolphin’s natural environment-water, revealing the intricate visual details of dolphin sounds for the first time.Within the field of cetacean research, theory states that dolphins have evolved the ability to translate dimensional information from their echolocation sonic beam. The CymaScope has the ability to visualize dimensional structure within sound. CymaGlyph patterns may resemble what the creatures perceive from their own returning sound beams and from the sound beams of other dolphins.Reid said that the technique has similarities to deciphering Egyptian hieroglyphs. “Jean-Francois Champollion and

Thomas Young used the Rosetta Stone to discover key elements of the primer that allowed the Egyptian language to be deciphered. The CymaGlyphs produced on the CymaScope can be likened to the hieroglyphs of the Rosetta Stone. Now that dolphin chirps, click-trains and whistles can be converted into CymaGlyphs, we have an important tool for deciphering their meaning.”
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– Hat tip to Bruce S.

Thinking about a thousand-year depression

Tuesday, December 16th, 2008

– An excellent piece from The Automatic Earth; a Blog I’ve just started following.

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Cyclical terms like “recession” and “depression” are looking less appropriate by the day. It’s like calling the period between the fall of Rome and the Renaissance a “depression”.

I know the our situation is vastly different from the state of the world in Roman times, but the idea that we could be on the brink of a fundamental reset of civilization is intriguing, to say the least.

I’ve been convinced for several years that we are looking at the convergence of a set of wicked interlocking global problems — ecological problems (climate chaos, the death of the oceans, fresh water shortages etc.), energy shortages due to fossil fuel depletion, and overpopulation with the resulting pressure on the global food supply. This convergence is happening under the umbrella of the current global financial collapse that constrains our ability to respond to any of these problems individually, let alone any further problems that might emerge from interactions between them.

This unfortunate collision makes the future of our civilization very murky indeed. Writers like James Howard Kunstler, John Michael Greer, Carolyn Baker and Sharon Astyk (along with people like Stoneleigh and Ilargi at The Automatic Earth) have been warning about the possibility of a generalized, unrecoverable collapse of modern civilization for a while now. They have generally been derided by the mainstream as millennialist prophets of doom — driven more by their own subconscious fears and dark desires, their research full of confirmation bias.

The events unfolding around us now, however, cast their optimistic mainstream critics in a somewhat different light. None of them — even the Roubinis and Krugmans – have fully appreciated the severity of the world’s financial predicament. Their comforting bromides (and even their more pessimistic utterances) have been overwhelmed by events on a weekly basis. It has become clear that for all their careful analysis of trunks and tails, nobody truly understood the shape of the entire elephant.

This evident failure of comprehension brings their entire analysis into disrepute. And that should make us ask – if they failed to comprehend the underpinnings of a calamity in their own domain, what does that say about the possibility that they also failed to understand the dangers being trumpeted by the doomers they have derided?

After all, we are seeing the same outcome in the climate crisis as in the financial one – the trends are uniformly negative, and are unfolding much faster than the professionals in either field predicted. There are new signs from world bodies like the International Energy Agency that the same situation is developing with respect to the world’s oil supply – the more pessimistic members of the Peak Oil crowd appear to be heading for vindication.

So, following a “major, rapid contraction” (aka collapse), could our civilization end up staying on the mat, unable to rise from the ashes of our former glory? That’s unknowable of course, but hardly inconceivable. Several factors give that speculation some foundation.

The first confounding factor is the spectre of irreversible climate change. That could irreparably damage the world’s food production capacity through shifts in rainfall and the reduction of snow and glacial cover that supplies much of the world’s fresh water for agriculture.

The second factor is the permanent depletion of the compact, high-density, transportable energy supply represented by fossil fuels. We’re putting a lot of effort into developing electrical alternatives, of course. There are two major challenges in the way, though. The first is the relative infancy of the industry, and the fact that it will require both capital and fossil fuels to enable its continued growth. The second longer term problem is that the use of electricity requires a higher level of technology in the infrastructure needed to manufacture, distribute, store and convert it into work. This may not seem like much of a a problem today, but if our global industrial civilization goes into a decline, growing parts of the world may find the maintenance of such infrastructure increasingly difficult.

A third factor that may get in the way of recovery is the depletion of easily-recoverable resources such as metals. The decline in the average quality of various ores being mined today is well documented, and is likely to continue. While recycling can recover much of the metal currently discarded as waste, recycling facilities capable of producing enough output to feed our civilization’s needs do not yet exist. They would face the same hurdles as the build-out of electrical supplies I described above.

You might think that such a situation will take so long to develop that we will be able to address the situation before it gets quite that dire.

One consideration that works against that hope is that human beings are not, for all their cleverness, fully rational creatures. Research has shown that most of our “rational” decisions are made at a deeply unconscious level, to be dressed up with rational justifications only upon their emergence into the conscious mind some time later. The truth of this proposition can be seen all around us in the competition between environmental remediation and economic imperatives, in the obstruction of alternative energy development, in our repeated creation of financial bubbles — in all the myriad ways in which we as a society work tirelessly against our own best interests as individuals and as a species.

Even worse, events have recently shown a terrifying ability to outstrip our expectations, in both speed and severity. We may not have nearly as much time left as we think. A lack of time coupled with an inability to respond rationally (or even to accept the evidence of our eyes) does not bode well for the future of this civilization.

It’s conceivable that our current civilization will never regain its feet after this storm has burst upon us. We will endure as a species no matter what happens, of course, and it’s even probable that we will rise to new heights. It’s also quite possible that the rebirth of this Phoenix will take a long, long time and that those new heights will be unrecognizable to someone raised in today’s world of 401(k)’s, Credit Default Swaps, automobiles and gigantic concrete cities.

– To the original:

– Research thanks to Kael for this.