Building the New Economy

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The Institute for the Study of Energy & Our Future (ISEOF) believes that we face accelerating economic and environmental risks. ISEOF is committed to helping society both steer away from fantasy and avoid catastrophe. We’ve built a map across domains and timeframes highlighting likely futures and locations for possible interventions. We aren’t prescriptive with ‘one answer’ for upcoming socioeconomic and environmental hurdles but seek to influence a portfolio of ‘top-down’ and ‘bottom-up’ initiatives. Rather than ‘own’ projects, ISEOF prefers to identify a need, plant the seed to germinate, and then allow development and implementation via partners and alliances. With insight, integrity, and kindness, we strive to inform and inspire the thinking and actions of early adopters relating to the ongoing transition to post-growth human societies, institutions, and values.

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HOW ARE WE is a joint initiative of the Institute for the Study of Energy and Our Future (ISEOF) and the Institute for Integrated Economic Research (IIER). We are currently building a much larger coalition of partners to support this effort. The project aims at changing this notion by introducing a simple question back into the conversation: HOW ARE WE DOING?

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Carbon emissions keep rising year after year, and carbon concentration in the earth’s atmosphere are ticking up like clockwork. Nothing suggests that this will change in the near future, despite all the renewed promises by governments worldwide. Yet the reason for this inertia is simple: the price we pay for fossil fuels, and most other non-renewable resources, is far too low, because we don’t pay for their creation which took hundreds of millions of years, but only for their extraction. To make matters worse, more than 90% of all taxes are paid on labor in most countries, which discourages employment and forces automation into every part of the economy. This mix-up, a by-product of the industrial revolution, leads to pollution, greenhouse gas emissions, waste production and the unnecessary use of automation, which damages our ecosystems and at the same time deprives future generations of their right to access those scarce resources. By going back to taxes on the use of non-renewable resources, the UnTax project wants to set this right, fixing almost everything that is broken about our way we deal with natural resources.

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