Slashdot Mirror
Study: Global Warming Solvable If Fossil Fuel Subsidies Given To Clean Energy
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."
You and I both know that's so backwards as to be hilariously ludicrous.
True, true, and yet we re-elected it. #GoFigure
Get thee glass eyes, and, like a scurvy politician, seem to see things thou dost not.--King Lear
No, subsidies and taxes are not like a classical R-C control network; you're oversimplifying like a madman to equate them to a negative feedback loop, i.e., something that stabilizes. To the extent the analogy helps at all, taxes and subsidies are more of a positive loop, feeding corruption, destabilizing.
doing ourselves through conscious collective action
Would you recommend a wall of Pet Rocks, or a vast Ouija Board to implement this?
Get thee glass eyes, and, like a scurvy politician, seem to see things thou dost not.--King Lear