“You can’t comb over climate change,” the sign read at the Climate Change strike yesterday. This metaphor speaks volumes about a huge problem that a certain person in leadership continues to hide like thinning hair.
The kids get it. Their passion and acknowledgement of the existential threat to our present and future is even applauded in halls of government. Yet, it shames these legislators who still do not act because their funders tell them not to.
I am both a tree-hugger and a capitalist. I have actually said this to legislators in open forum, which usually draws a chuckle. Yet, i am more than gesting. I left the Republican Party a dozen years ago in large part due to their ostrich-head-in-the-sand stance on climate change. My thesis is I could not be a member of a party that is ignoring the greatest threat facing our planet. There is no Planet B.
The cost of failing to act now will dwarf the cost of action. But, the economics go deeper. The cost of renewable energy is more on par with fossil fuel costs from a production standpoint. When all costs are factored in – acquisition, environmental degradation, transportation, burning, maintenance, health, litigation – the cost of renewables is actually much cheaper than coal and cheaper than natural gas. The dropping costs of renewables continues to drive the increase in their use. Iowa actually gets over 35% of its electricity from wind energy, eg. Even Texas gets over 16% of its electricity from wind.
Being a capitalist, the place for investment is in growth industries, not retrenching ones. Coal has been in demise for the entire decade. Solar jobs are 5X more than coal jobs. And, per the recently passed oil tycoon, T. Boone Pickens, natural gas was needed to buy time before wind and solar decreased in cost. He said this in the first half of this decade.
So, the future financials favor renewables. Yet, then we must add in that climate change thing. We must address the heating planet being worsened by humans. If we don’t, it is more than just our kids we need to worry about. We need to worry about us.
The kids get it. Adults, are you paying attention?