Richard Douthwaite is co-founder of Feasta, an Irish economic think tank focused on the economics of sustainability. He is also a council member of Comhar, the Irish government's national sustainability council. He acted as economic adviser to the Global Commons Institute from 1993 to 2005, during which time GCI developed the Contraction and Convergence approach to dealing with greenhouse gas emissions which has since been backed by many countries. Richard is author of The Growth Illusion: How Economics Growth has Enriched the Few, Impoverished the Many and Endangered the Planet (New Society, 1999) and Short Circuit: Strengthening Local Economics for Security in an Unstable World (Green Books, 1996).
length:
10:00
credit:
newculture
Post Carbon Fellow Richard Douthwaite of the Foundation for the Economics of Sustainability (FEASTA) presents the risks and opportunities of the current money and energy situation of Michigan and the world.
Peak oil, climate change, and monetary instability are three massive threats facing Michigan. With Michigan's unemployment rate the highest in the USA at 21.5% (U-6), the motivation and opportunity exists for Michigan to make revolutionary change to address monetary, energy, and climate crises.
Richard Douthwaite presented via live video link to the Conference on Michigan's Future: Energy, Economy, Environment hosted by Local Future nonprofit.
This is part 1 of 6. Links to further parts are below:
Part 2, Part 3, Part 4, Part 5, Part 6
Reality Report: Richard Douthwaite on Complimentary Money Systems
Economist, author and founder of the Foundation for the Economics of Sustainability, Richard Douthwaite explains how complimentary money systems stabilize economies and foster efforts to cope with peak oil and climate change.