Climate Crisis Source: The Enduring Tyranny of Oil: War, Inflation, and Soaring World Temperatures
…the Biden administration should follow its own promise to accelerate the transition away from fossil fuels.Even by the logic of capitalism, that’s the financially sensible thing to do. “Scientists and engineers have dropped the cost of solar and wind power by an order of magnitude,” notes 350.org founder Bill McKibben, “to the point where it is some of the cheapest power on Earth.”
Ann Arbor (Informed Comment) – The United States cannot afford to impose severe economic sanctions and boycotts on Russia and …
Better option number two would be to win the midterms by standing with the planet: impose a war tax on carbon profiteers and spend the proceeds on transitioning to renewables.The shift to clean energy doesn’t have to go slowly. Electric car sales rose 43% in 2020 over 2019, and 108% in 2021 over last year. Stocks in renewables are out performing oil and gas right now. Tipping points tip. If anything good could come of this grim, ghastly time, this could be it. We have certainly hit the bottom of the gas and oil barrel.