Futurework,
It's no newsflash, but to stop the clear-cutting of all the world's
forests the interest rate must be kept below the sustainable yeild on
the slowest growing forest. If the interest rate is too high it will pay
more to clearcut and buy bonds than it would pay to manage the forest
for sustainablity. High interest rates and corresponding high rates of
return on investment are popular with investors, but high rates of
return will always prevent stewardship of natural resources.
I think we should consider how little future work there will be with no
forests to maintain. And, even if we keep rates down and save the
forest, won't automation and the use of durability and population
stability make the number of paying jobs drop down to way too few?
Isn't the most important work unpaid?
Barry Brooks
http://home.earthlink.net/~durable/
