The Ledger of the Sun

Abstract

Dissimilarities are often drawn between the “economy” and “ecology”, supposedly in conflict. Economics, “the dismal science”, it is said, abstracts human instinct and desires creating systems of value, accumulation and exchange. Ecologies are taken as domains of organic flows and fluxes, “natural” relationships and attachments that being, sustain, abate and end life. The adversarial relationship between capitalism and climate underlines the needful ways in which values outside of the monetary need to be protected and promoted. At the same time, the historical development of things like energy currencies and ecosystems services, as well as contemporary experiments in distributed governance and environmental and supply (block)chain technologies allows for new constellations and approaches to management and repair, some of which reinvigorate an age-old desire to re-integrate human and natural systems through technology. We have many precursors and references for such constellations to draw from. Nicholas Georgescu-Roegen (1906–1994) espoused the “marginal utility of money” against energy and needful material exchange. The ecofeminisms of Val Plumwood, and feminist economics of the later 20th Century, underline how the hierarchical and individuous abstractions of capitalism cleave value from its provisioning and (re)productive significance. Customs of gift, which also acknowledge and enact solar abundance, were illegalized by institutions of European colonialism in the name of promoting more “civilized values” of accumulation and scarcity. Henry Ford proposed the creation of an “energy currency” and Charles Hall suggested the idea of an “energy return on investment” as a principle metric for returning the survival and the well-being of individuals, communities, neighbourhoods and ecosystems to economic exchange. It remains challenging to tie the metrics of energy and car- bon markets, and the motivations of things like the Regenerative Finance (#ReFi) movement, to the kinds of cultural experiences through which vital social values can be wrought; to reencounter one another in a metabolic field character that understands solar energy as the origin, datum and decider of all exchanges, limits, abundance, gifts. Part of what it is to be human, what is to be a living thing, is to be connected to the cosmological infrastructures of ecology and energy.