John, with all due respect, our country is totally and utterly beyond the point of return with it's finances. We have a state that is so big and so parasitic, it threatens the quality of life for many. Essentially, those who depend on it are going to have to adjust things, those with savings are going to be subject to huge devaluation of them with inflation/devaluing relative to other currencies.
I am a pragmatist and I have no time for first-half-only keynesianism. The fact is that Britain has to make cuts and it has to get some sort of wealth generation going on. This WILL be via exports and devaluation of the currency. Watch it happen.
I reserve the right to use the term yoghurt-weavers, as that pretty much typifies the sorts of people you get in environmental departments. It's all well and good saving every last habitat and respecting the life of every last lesser spotted dragonfly but sadly, in order for a totally overpopulated island to survive this ongoing financial and structural predicament, the last thing we need is bloody yoghurt weavers with no idea about how the economy works buggering things up.
Sadly, socialism, the state and environmental romanticism are luxuries which we as a nation really cannot afford at all. It's not very nice and I too would rather the population had been managed and all the little bunnies could twitch their noses in the daisys and we could all have a sustainable way of life powered by a low carbon wind-turbine.
But it is totally unrealistic.
However, since I have been reasoned into my viewpoint, I am prepared to be reasoned out of it. :)
I'll have a go, Stuey!
Firstly, I completely agree that the UK is right up **** creek WRT finances, but I do not see how your next sentence or the one after is relevant to that. I have a completely different take on the whole thing that I will try to set out.
Firstly, there is a basic principle at work here that modern economics has failed to consider - which is why the economy is buggered. That is that you cannot have infinite growth on a finite planet when that growth has to be based on non-renewable natural resources. This is so simple but economists/bankers exist in some kind of ethereal bubble where they can create and then transmit huge numbers from database to database. That is what money has become.
Now, with respect to resources, there are a number that we do have: Sn/W in Devon and Cornwall, Zn, Pb and Ag in Cardiganshire and so on and we now have the technology to extract them minus severe damage to surrounding areas. I too have worked with the EA and the people I have worked with (this was in connection with a possible opening of Clogau some years ago) have been nothing like your description: they were helpful, unpatronising, with a good technical understanding of the issues and the most effective ways to tackle them. I am all for carefully-run, small-scale mining ventures and there are likely still deposits of such a nature that may be worked at a profit.
Such metals are not a problem in what I call the Infinite Growth Paradox. But there is one thing that is: cheap energy and more specifically the low-hanging fruit that was, up until the mid-2000s, the glue that held everything together: cheap conventional crude oil. There are many things that exist within our infrastructure that relied upon that one source. Crude oil will still remain for a very long time, of course, but the era of it being cheap is over - hence the economic interest in drilling in very deep water or, as climate change removes more and more sea-ice, in formerly inaccessible parts of the Arctic. I think we all understand that bit.
Oil going from cheap to very expensive on the global markets represented a tipping point in an already dangerously poised global financial system - create money in huge amounts and lend it to people only just able to pay it back, then double the cost of one of the most basic commodities - plus the follow-through cost increased in oil-intensive products, food being the obvious one, and you have a disaster on your hands from which recovery in the traditional sense to an economy run on the same principles is impossible. This the economists have failed to grasp and instead the whole system is top-heavy, favouring the giant corporations over pretty much everybody else including the medium-size businesses of the kind that could get some of our mines restarted. This in turn creates more problems: large corporations historically have a poor record when it comes to environmental protection.
The effects of environmental degradation, from climate change through to marine pollution, in turn have another knock-on effect: they push food prices up again. This we will see in the coming months following appalling harvests in many key northern hemisphere growing regions as the Rossby waves that normally progress across the hemisphere became stalled at critical times, leading both to the US Midwest drought (the whole area stuck under an upper ridge for months) and to the hopeless UK summer (much of the UK stuck under an upper trough for months). There is growing evidence that such patterns are changing due to the exceptional warming that is going on in the Arctic: if that is the case we may already be stuck with this situation, featuring very prolonged periods of one weather-type or another, neither of which is conducive to good crop yields. Food prices keep going up globally leaving less and less disposable income to ordinary people - the very 'consumers' that this failed economic model depends on to go out and spend that disposable cash and keep things ticking over.
The solution is a more localised approach to economics and food production - that is not socialism, but a rather conservative, tried-and-tested model. We are already seeing the costs of both irresponsible resource-use and a deteriorating climate and they are going to hit us harder in the pocket in the coming years. That we can work around with radical relocalisation. However, a complete deterioration of the environment is another matter altogether. Considering that it produces three things we cannot do without - edible foodstuffs, drinkable water and breathable air - it is not a vast jump of faith to conclude that if it goes, it takes all of us with it - yoghourt weavers and all!