The Forum > Article Comments > The need for renewable electricity > Comments
The need for renewable electricity : Comments
By Mike Pope, published 7/10/2016If Mr Turnbull had his way on continued use of coal, government would fail to realize its Paris commitment.
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But let's see what the figures themselves tell us: take the figure given for Global warming costs; $1.628tn. By giving such a detailed figure- to 4 significant digits no less- they are effectively claiming that given all the weather events last year then they can tell me to closest 1 part in 10,000 how much of the events impact is due to global warming and how much is just natural. Do you really think these bean counters are that good at calculating this when even between the scientists who agree that humans are having an observable impact they can't agree which events are exceptions to natural events?
Regardless of these figures, since we're now already deep in the world of hypothetical and speculations let me ask you a question:
What do you think the economic cost would have been for 2015 if on 31st Dec, 2014 the global community decided to completely and immediately eliminate man-made CO2 emissions.
Well, here's my confident speculation: about $70tnUS. Why am I so confident in this figure? -Cause that is about the size of the world's economy. In other words- we would all now be DEAD.
And that right there is the problem of *forcing* people to change to renewables on the ridiculous time schedules that environmentalists propose. It will kill a lot more people than it will "save".
I should make clear, I'm not dogmatically against renewable energy. For instance, I'm planning on building a house on a rural block I own in early 2018 and will investigate the solar storage options as opposed to paying for about 1/2km of powerline. However, I'll only go solar if it is really is the cheapest option.
On current improvement trends, CO2-free energy will eventually unquestionably be cheaper than fossilfuel so just let the free market do its thing and the economy will swap over. Just don't force people to adopt it beforehand - cause that will cause more pain than it gains!