Energy procurement from this point forward will be inextricably linked with the state of our financial system. We need energy to grow...we need debt to initiate new energy projects, and we need growth to payoff debt. We also sit amidst a mountain of debt, are passed the global peak in cheap oil production, and live in an environment where not only is the gap between the haves and have nots accelerating, but so is a general awareness of this gap. With this backdrop there has been increasing talk about a 'get-out-of-debt-free' holiday sometime in the future, a debt jubilee of sorts. At the root of debt forgiveness are two issues central to our energy future: - 1) the disconnect between biophysical and fiat-based accounting and 2) the favoring, via government rule changes, of one social group versus another (in this case, creditors vs. debtors).

Tonight's Campfire questions revolve around the implications of debt forgiveness for energy and social stability.