3min chapter

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#71: Nate Hagens - Planning for 'The Great Simplification' of Cities

Green Urbanist

CHAPTER

The Biophysical Phase Shift

All institutions are based on the assumption that economic growth of two to three percent will continue indefinitely into the future. People aren't prepared for flat growth or heaven forbid negative growth, he says. The next lower tranche of fossil hydrocarbons is going to be more costly and if it's more costly it's going to mean less benefits globally according to Obama.

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