Several reasons… all kind of tenuous on their own, but I kept coming back to “rust never sleeps”…
This is not an “ecological economics” blog, but I subscribe to EE’s simple idea that we need to understand the economy as a subset of the physical world and its ecosystems. One of the more intriguing/controversial ideas in ecological economics is the idea that economies are constrained by the laws of thermodynamics, particularly the second law – the entropy law. Aka… “rust never sleeps”.
I also liked the turn of phrase that Randy Udall and Steve Andrews of APSO used when challenging CERA to a $100,000 bet regarding petroleum liquid production by 2017: “Betting on depletion is like betting on rust… a sure thing.” Except I like Neil Young’s phrase even better.
And speaking of Neil… Lots of investment analysts, bloggers, etc., like to title their pieces with something catchy. I figure I know enough Neil Young songs and lyrics to occassionally come up with some decent post titles, and have some fun with it! Besides, like he said:
There is a town in north Ontario,
With dream comfort memory to spare,
And in my mind
I still need a place to go,
All my changes were there.
So there you have it! “Rust never sleeps.”