Saigon
Gold Member
While the cost of combating climate change is raised on a lot of threads (sometimes as a valid concern, more often as a means of avoiding the science), there is very little discussion given to what cost there is in denial.
1) Jobs.
Germany employs 370,000 people in renewable energy, mainly in small to medium enterprises. Korea, Scotland and Japan aslo have massive industries producing tidal and wind turbines, solar panels, consulting and conducting research into renewables.
2) Foreign Direct Investment.
Remember free market capitalism? People said it was a good thing? Well, my Renewable Energy share fund is up 12% over the past year. It invests in the countries listed above and a few more - but not the US.
3) Reputation.
As we've seen on other threads, climate change is not a political issue in most countries. Conservatives in the UK, France, Germany and around the world accept the science. The
Denial of the GOP makes them a bit of a joke in international science circles - and at some point that may cost the US quite a lot.
4) Money
New Zealand is ordering 200 tidal turbines at US$10 million a unit. Scotland won the deal ahead of bids from Japan and Korea. I call that good money to earn.
5) Technology
Research into renewables creates a lot of spin-off products and services that can become industries in their own right. Norway is a world leader in the field of Osmotic Energy - a field few people in the US have ever heard of. Who knows what may come out of that?
1) Jobs.
Germany employs 370,000 people in renewable energy, mainly in small to medium enterprises. Korea, Scotland and Japan aslo have massive industries producing tidal and wind turbines, solar panels, consulting and conducting research into renewables.
2) Foreign Direct Investment.
Remember free market capitalism? People said it was a good thing? Well, my Renewable Energy share fund is up 12% over the past year. It invests in the countries listed above and a few more - but not the US.
3) Reputation.
As we've seen on other threads, climate change is not a political issue in most countries. Conservatives in the UK, France, Germany and around the world accept the science. The
Denial of the GOP makes them a bit of a joke in international science circles - and at some point that may cost the US quite a lot.
4) Money
New Zealand is ordering 200 tidal turbines at US$10 million a unit. Scotland won the deal ahead of bids from Japan and Korea. I call that good money to earn.
5) Technology
Research into renewables creates a lot of spin-off products and services that can become industries in their own right. Norway is a world leader in the field of Osmotic Energy - a field few people in the US have ever heard of. Who knows what may come out of that?