Nathan Hagens

Nathan.Hagens@uvm.edu

Nate is studying the impacts that a decline in liquid fuels will have on planetary ecosystems and society. On the supply side, he is exploring net-energy comparisons of the primary alternate fuel sources to oil: coal, wind, nuclear and biomass. While many new energy schemes will produce profits from a bottoms-up perspective, an EROI (Energy Returned on Energy Invested) analysis from a top-down perspective limits the scope of energetically and ecologically sound replacements for fossil fuels.

Because of this, real progress on the human and planetary scale issue will likely come from a reduction in consumption. On the demand level, Nate is studying the evolutionary mechanisms that cause humans to seek novelty, act impulsively, and value the present over the future (steep discount rates). Specifically, our neural plasticity combined with a culture promoting growth and consumption results in biochemical positive feedback loops akin to addiction. We can however, be happier, healthier and more sustainable by consuming less, if we are provided with a different cultural carrot. Nate’s thesis lies in modeling sustainable scale solutions to the future decline in EROI by researching ways to reduce the steepness of our discount rates, thus giving more weight to the planet’s future.

Prior to coming to the Gund Institute, Nate developed trading algorithms for commodity systems and was President of Sanctuary Asset Management, Managing Director of Pension Research Institute, and Vice President at the investment firms Salomon Brothers and Lehman Brothers. He holds an undergraduate degree from the University of Wisconsin and an MBA with honors from the University of Chicago.

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