Critical Considerations when Selecting a Fixed Asset Management
A critical review and considerations: Green economy, what is it?
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A critical review and considerations:Green economy, what is it?
Shaping society to serve sustainability— minor adjustments or a paradigm shift?Trying to think as if the results mattered….
Professor Harald SverdrupChemical Engineering, Lund University, 221 00 Lund, Sweden
Growth, de-growth and sustainability
Exponentialgrowth
Overshoot and contraction
Overshoot andcollapse
ApproachingSteady state
Approachingdynamicstability
Options available
1. …make more with growth in resource use2. …make more with the same resource use3. …make the same with less resource use4. …make less with significantly less resource use
We talk about 4, hope for 3, try to get 2 and end up with 1
Running out of everything at the present speed of consumption
Renewable energy
technologies need a lot of
metals
Everything is linked
Wealth, resources and the trophic levels in the human ecosystem
Human ecosystem
Remember Tainter’s syndrome
The basic Ehrlich equation
Impact = P * A * (1-XR) * E
• P is population size, the number of consumers; • A is affluence or net consumption per capita;• XR is the degree of recycling of the amount supplied
to society, depending on technology and organization;
• E is the resource efficiency of producing the affluence A, depending on technology.
The world description is incomplete
• Thermodynamics forbids growth forever; – GROWTH IS OVER
• The issues of future generations and intergenerational issues needs to be addressed
• Address systems overshoot• The banking system and financial system
description is naïve and lacking in understanding• Big business is totally out of control from a
perspective of government and parliaments
The systems dimension is missing • There is no systems analysis of the whole. • Do connect simultaneously; – energy, metals, materials, – population dynamics, soils, food, – social resilience, social values.
• Present economic models, econometrics and economic equilibrium modelling are gravely dysfuntional. – consistently fail on field tests– lack prediction capability– correlation has been systematically mistaken for
causality.
Building completely new models:Sustainable Germany by 2040
Dynamic Integrated Assessment Model being built 2014-2016. Models the world trade, major resources, population dynamics and economics in 38 countries/regions, for 60 major commodities and 20 different services.
The proposal• Good start, many good points have been
made• Such a project is absolutely necessary.• The economic understanding is simple and
and still has some faulty assumptions• The proposal has essential and necessary
parts, but is insufficient in design and scope
Research tools needed
• Use systems analysis thoroughly throughout the project. Use the systems insights to create new models for a sustainable economy
• Use integrated assessment modelling methods to analyse the past, do scenarios and predict future possible outcomes to design the path to sustainable society.
• Have a synthesizing group from day 1 that are seasoned hands-on systems analysts
Conclusions specified• The proposal has some taboos and blind spots• Needs to– Connect the whole system– discuss the time horizon and the moral challenge of
setting time-to-doom– address population, demographic shift and
population size management– Include international trade, derivatives and
speculation – include corruption, nepotism, lack of democracy and
abuse of power
Research tools needed• Use visions of a goal for
backcasting from those goals• Engage the policy and
government level properly• Think about how to create real
paradigm shift• Use researchers that dare take
part in real change and be politically incorrect
• The role of learning, education and shaping values, norms and attitudes