|
The US will only sit up and take notice when countries that don't rely on fossil fuels start to gain on the US in terms of productivity and growth. As it is, it looks like certain renewable energy sources produce energy far cheaper than mining and burning coal. It's a case of doing something now or being forced to later by the market forces a changing climate is going to create. I don't think we are about to see the end of capitalism as some seem to think we are, more of it's going to adapt to the changing climate. Those countries that don't switch from purely carbon based economies will suffer quite a lot when the climate change effects become fully apparent.
Had the coalition and current shambles of a Government not taken certain decisions, we'd have reduced our carbon emissions a lot more than we have, plus we'd likely have a renewable energy sector able to support itself. Fracking is likely one of the worst mistakes the Tories will have made when it comes to the environment. Take away all the subsidies from Oil and fossil fuels then you'd find them most unprofitable endeavours.
We are well placed to take advantage of wind and tidal energy, it just requires the R&D investment to pull it off, alongside nuclear energy. Fusion might become a reality later in the century but I see no point waiting around for it. This country has always done extremely well when it's innovated rather than relying on old technology. I see opportunities where others might whine about protestors interrupting daily life and so on. |
|