The climate change question is now settled science, or so we have been told since before the first term of Obama's presidency. From major hurricanes, tornadoes, forest fires to droughts, increasing CO2 and runaway biological methane we are facing an existential threat to our existence and it is the most important issue we face today. Bigger than any terrorist threat from the middle east or cyber-attack from China or Russia. Is this really the case? Are we to believe nothing else matters because regardless of another "911 attack", military coup or financial meltdown the climate will kill us all in short order? As Europe is discovering we must be careful and smart about how we implement changes to our power consumption. It shouldn't be about power generation to the exclusion of all else. Europe has invested heavily in wind and solar power and this year the wind is not as strong as in the past, the result is a drop in power generation capability. Europe's answer to the short gap is to bring on lignite (coal) fired power plants. For the uninitiated, lignite is the dirtiest and cheapest form of coal currently in use. It goes without saying they will not meet the Paris Climate Accords targets for the foreseeable future.
Tag: Capitalism
Capitalism or Socialism (Economics 101)
03/30/2021 Every time the country transitions from one administration to another we all go through a period of adjustment where some of us experience heartburn and others are overjoyed at the potential we hope it represents. The bigger the philosophical differences between the administrations the more that feeling is intensified. This past transition is arguably … Continue reading Capitalism or Socialism (Economics 101)