Earth Day Comment: We are Living the Transition

We are now living in the beginning of a period of global transition. Over the next two decades we will be rebuilding the infrastructure of our civilization. We could choose to replace existing infrastructure with something similar, but slightly newer and more expensive… or we could choose to build the economy of the future. There’s no question about which is a better investment.

As we come to grips with the mounting costs of inefficient outdated technologies, we are beginning to see the unprecedented economic incentive for moving swiftly to redesign the built environment that we inhabit. The amount of energy trapped in hydrocarbon molecules deep underground is minuscule in comparison to the amount of solar energy that lands on the surface of the Earth and the resulting kinetic energy that moves around our planet all day, every day.

Continue reading “Earth Day Comment: We are Living the Transition”

Carbon Fee and Dividend: to Spur Job Creation, Industrial Boom

Feedividendjustice-640x392

Carbon → Fee → Dividend → Simple

  •    Fee on carbon-emitting fuels, at the source (mine, well, port of entry)
  •    100% of revenues returned, in equal shares, to every household, every month
  •    Non-protectionist border adjustment, to ensure level playing field
  •    Power over energy economy returned to consumers
  •    Major energy-sector investment flows to clean, renewable resources

The conventional wisdom on action to reduce carbon emissions is that it must be expensive, harmful to the economy, and result in less productive power generation. This is a blatant falsehood based on the outmoded idea that combustion is the most favorable way to harvest energy. All systems of carbon taxation or carbon emissions capping operate on the principle that applying economic pressure in a targeted way can inspire markets to change their behavior. This is the very logic of market-based economic systems.

Continue reading “Carbon Fee and Dividend: to Spur Job Creation, Industrial Boom”

Pago por carbono y dividendo: para un futuro próspero y sostenible

En la crisis climático-energética, necesitamos soluciones sabias, formidables y asequibles. Es necesario construir cuanto antes una economía verde y sostenible, una economía a base de recursos energéticos limpios y condicionada para sostener una prosperidad no corrosiva. La mejor manera de promover la inyección masiva de capital privado en el proceso de re-invención del mercado energético … Continue reading Pago por carbono y dividendo: para un futuro próspero y sostenible