A Look At the “Three E’s”- Economy, Energy, and the Environment
Human beings have found ways to control the habitats, which we live and in order to use them to our benefit. Human beings no longer just live to find food and shelter, so we are able to advance and create societies that allow us to have certain luxuries that make our lives easier. We now have industries and the Economies that rely on the Earths resources in order fulfill our needs. In this blog we will be looking at the relationship between the Economy, Energy, and the Environment (EEE). These three areas are very much interconnected. Without the environment there would be nothing to support the economy. Before the last century human beings had a population that the Earth could sustain. But since the Industrial Evolution the world’s economy worked to convert the Earths resources into materials that we as human beings could use. Humans believed that any problems that came up could be solved with technology, but this way of thinking is unrealistic. All of this growth in the economies allowed the human population to grow and now there are so many people on the planet that it is unrealistic that our consumption rates can stay the same because the Earths resources are of limited supply. (3)
The Figure above shows how each of the E’s has seen some type of impact do the the way human beings are consuming
Chris Martenson is the author of his popular website, ChrisMartenson.com. He is an independent economist who most well known for his Crash Course video series. These videos talk about the significance of the “three E’s” which are the economy, energy, and environment. Chris earned his PhD from Duke University, and an MBA from Cornell University. (1)
The Changing numbers of EEE’S
In the six videos UK crash course the speaker Chris Martenson speaks about how the three E’s (Economics, Energy, and Environment) are all connected and how the view points of these topics conflict with the reality of the situation. The way that Economists see the world is that everything being done should lead to growth. The Economists are working towards experiential growth that will lead to some huge implications. The way that economies work at this point in time is that all money is loaned into existence. The problem with this is that there is always more debt than money in the system. Because this is how our system works perpetual growth is a requirement for the modern banking system.
Our system always needs to grow our economy does not do well when it is not growing. The problem is that in order for this type of growth to continue there needs to be a large supply of resources. Unfortunately we are growing at such a fast rate that we are depleting all of the Earth’s resources. We have been borrowing and consuming so much that we have created an issue that has not been seen in history before.
This type of growth is called Exponential Growth. Exponential Growth creates a graph that looks like a hockey stick. As seen below.
Human population growth has been growing at an unsustainable rate and is quickly approaching the capacity that the earth can sustain everyone. The figure below shows how with only 2% growth of the economy how many years supply we have left of different resources.
In the last 50 years some countries that once were able to be energy sustainable have now grown in populations to a point that exceeds what that country can provide for its people. With the resources depleting so will the economies because the Earth cannot supply the resources needed in the environment because they are of limited supply. With the world reaching its capacity for growth humans need to take a look at how we can deal with having a little less energy every year.
After looking at this information you can see you the three E’s are related. It is important to realize that the Earth cannot provide for us forever. Human beings need to either try to reduce their consumption rates or learn to live with less. I believe that right now there is a lot of waste in how we consume and produce. It’s important to make changes to reduce our consumption so that we don’t end up creating an environment that we can’t live in anymore. I believe it is important to listen to what Chris Martenson says in order to realize the problem and create ways to reduce this problem.
- The Huffington Post. “Chris Martenson, Ph.D.” The Huffington Post. 2011. Web. 23 Nov. 2011. <http://www.huffingtonpost.com/chris-martenson-phd>.
- “ChrisMartensondotcom’s Channel – YouTube .” YouTube – Broadcast Yourself. . N.p., n.d. Web. 23 Nov. 2011. <http://www.youtube.com/user/ChrisMartensondotcom>.
- Withgott, J. & Brennan, S. (2010). Environment: The science behind the stories. 4th Ed.San Francisco: Pearson Education
- -. Chris Martenson Lecture. N.d. -, -. Google. Web. 23 Nov. 2011.