Study: Global Warming Solvable If Fossil Fuel Subsidies Given To Clean Energy 385
An anonymous reader writes A research team at the International Institute for Applied Systems Analysis in Laxenburg, Austria, says it has studied how much it would cost for governments to stick to their worldwide global warming goal. They've concluded that for "a 70 per cent chance of keeping below 2 degrees Celsius, the investment will have to rise to $1.2 trillion a year." Where to get that money? The researchers say that "global investment in energy is already $1 trillion a year and rising" with more than half going to fossil fuel energy. If those subsidies were spent on renewable energy instead, the researchers hypothesize that "global warming would be close to being solved."
Re:Infinite Bank Account (Score:3, Interesting)
Your assumption there is no compassion contained in those with these infinite bank account owners reveals you have the same level of blinders as your hippies. Neither is your example compassionate. It cannot be as you are leading the reader to choose the option of taking by force what is not theirs under the name of misplaced altruism and attempted shaming.
There is no dilemma, the answer is simple; keep what I got and use it as I see fit; the hippies and you can kiss my ass.
Start with coal... (Score:3, Interesting)
We need to start by ending ALL money spent by the governments that supports or benefits the coal industry (direct subsidies, governments building rail lines, ports etc to benefit the coal industry, building new coal fired power stations instead of building better alternatives etc)
And no I dont care if you loose your job because no-one wants the coal your mine (or mining town) produces anymore, much like I dont care that people no longer want asbestos or buggy whips or any other obsolete technology.
Re: How about (Score:5, Interesting)
Government is of the people, by the people, for the people. Business's sole purpose is to serve those with money.
Government protects rights that apply to the least popular person as much as to the most popular person. Business gives the rich more rights.
No CEO swears to uphold the General Welfare. Government is mandated to by the Constitution.