February 23, 2005
Dear friends of SIMSOC,
This is to announce the publication of Vol. 2, No. 1, of the Ecocosm
Dynamics Research Newsletter, dated February 1, 2005. The newsletter
can be freely accessed at the following location:
http://www.ecocosmdynamics.org/Pubs/EDLNewsletterVol2No1.html
This issue of our newsletter is the first in a series, each of which
will examine a particular perspective of the world environmental crisis.
The feature article in this issue, "The Energy Perspective: Oil and
the Magical 4%," addresses the influence of energy resources,
particularly oil, on the world socioeconomic system under normal
conditions when neither world wars nor worldwide economic or financial
panics are in progress. Specifically, it addresses some of the important
economic, financial, political, and environmental feedback loops in the
world system that have interacted to produce the changes in the price
and physical flow of oil in and through the world economy during most of
the last century.
During that period, humanity became dangerously over-dependent on oil to
fuel its economic growth. Now, at a time when oil is no longer cheap
and abundant and its primary sources in the Middle East are threatened
by terrorist activities, oil is the most important resource in
sustaining the growth of world human consumption. A future article will
consider dynamics of the oil industry and the world system under various
possible world crisis conditions when global wars, economic depression,
financial panic, and/or environmental collapse may force a transition
from normal conditions to a restructured, sustainable world
socioeconomic system. We would be grateful to receive comments and
suggestions from readers who share our concern for the socio-ecological
future of humanity.
Notes:
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Sincerely,
Luis T. Gutierrez
VP Communications
Ecocosm Dynamics, Ltd.
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