PEAK FRANKINCENSE
RAISES FEAR OF GOLD & MYRRH MARKET CRASH
Mosaic in Ravenna showing flight of capital from Byzantine frankincense market |
TAPPING POINTS
Three wise men from Wageningen University and Eritrea, have warned that intensive tapping of the trees results in fewer, less viable seeds as the plants metabolically divert carbohydrates into making fragrant octanoic acid at the expense of their reproductive organs, an hypothesis tested in south-western Eritrea by looking at how many seeds intensively tapped trees produced, and their germination ratesAccording to study author Professor Frans Bongers:
"In order to control the decline in fruit and seed production, less intensive tapping procedures should be developed. As our results show that six tapping points per tree are already having a negative impact, we suggest reducing the number of tapping points. New tapping regimes should include rest periods when there is no resin harvesting to allow the trees to recover,"
Officials at CFACT, The Council for Frankincense Advertising by Coal Touts, it is one of many resinite fuels awaiting the advent of Australian Clean Coal technology that will allow their combustion to proceed not just cleanly & efficiently, but deep and crisp and even.
Stamp commemorating first fossil frankincense discovery in Australia |
CFACT has had a supply-side epiphany. The incense crisis can be only be solved by overthrowing the byzantine regulatory bureaucracy that has plagued production since the days of Byzantium.