Nate Hagens joins Goldman Sachs

'On average, human beings create more than they use in their lifetimes. It has to be so or we would be an extinct species. This process is, as the physicists say, an invariancy. It applies to all metals, all fuels, all food, all measures of human welfare. It applies in all countries. It applies in all times.' Julian Simon and Norman Myers from "Scarcity or Abundance"? New York Norton. 1994. pp.133-134.

SHOOT: Not sure why but I can't help feeling that when you're going to benefit from something, you rationalise your beliefs. That's what greed does. And a belief is a version of reality that probably suits you, in spite or despite what reality is. Another way to describe it is a self-reinforcing delusion...

clipped from www.energybulletin.net Here's one little tidbit from our research team I can share with you. I've discovered that (over) 70% of our planets surface is water (H2O). Apparently it isn't called the Blue Planet for no reason. I think those fretting over shale gas fraccing fluids water issues and large irrigation requirements for biofuels and solar thermal really should do more homework. (We're currently looking for a way to short water (using leverage) for the fund as well). In conclusion, someone once said ‘All the good things in life are free’. I think this is only partially true. A better statement would be ‘ the good things in life are free, but the great things cost money’. And, given my understanding of neural habituation to unexpected reward, one can't easily stop at ‘great’, and ‘greater’ will certainly require more funds. As for the rest of you who remain unconvinced, best of luck growing those tomatoes in humanure and roping goats in the suburbs. I'll think about you often.