Friday, June 2, 2017

Paris accord

Since the start of the last presidential election the talk of climate change has disappeared from the scene. There was not one question about climate change in any of the debates but now once again it is in the news and once again it is seen as a political issue. Solar provides one percent of our energy and if you take away all of the government subsidies it would no longer be a business. The loudest voices would come from those who receive government grants to study and write about the issue along with those who get subsidies for their business. Rising levels of CO2 continues to be a problem and the obvious way to stop this rise is to switch to natural gas. The US is the leader in this area and we are now convincing China to move in that direction. We don’t need the government to get involved because the economics dictates this is the way to go. Right now the movement is toward using natural gas in power plants but transportation will be next. The problem is that there is no kick back to politicians with natural gas so this change will be slow. Trump pulling out of the Paris agreement was a good thing because that agreement was all about talk and no walk. Maybe now the emphasis will be on moving toward natural gas instead of electric cars. Look for the US to begin negotiating deals with China and India to promote natural gas. They need it and the US has it. This is called a win-win.

No comments:

Post a Comment