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October 9, 2020
By: Calvin Frost
CEO
War – Part I discussed the conflict between sustainability and politics. I mentioned the Persian region, where there are literally thousands of oil and gas wells and the possibility, now I would say inevitability, of methane gas leaks. And, of course, in the 90 days since Part I, our Administration in DC is trying to lift environmental restrictions on methane emissions. What else?! Part II discussed rising global temperatures as the cause of extreme weather and the current options that are available to replace fossil energy with renewables. Finally, Part II concluded that solutions to controlling climate change were available but would cost money. And, of course, this is the rub: If you don’t believe there’s an issue with climate change in the first place, it’s pretty difficult to allocate funds for development of solutions for climate change. As I start on this, War – Part III, I want to offer one overriding thought: the inter-connectiveness of all aspects of our global culture. If you abuse, the results can be catastrophic. Abuse, in this case, means pollute, over-consume, or violate natural order, and so on. I am convinced that every aspect of our lives, personal or professional, is interconnected with nature. Maybe this is a bit of Thoreau or Emerson, but I am more and more convinced of natural purpose. If you “take” and don’t “give,” you affect the natural purpose. Okay, I went a little crazy on you! Sorry. As mentioned in War – Part II, America can do just about anything it wants to do – if committed. The war effort in the early 1940s proves that. We put all our resources to work and the effort produced a war machine that was impossible to defeat. Victory was only a matter of time. In my view, climate change is much the same. If we make it a priority, if politicians and the entire political environment can come to agreement that climate change is “public enemy number one,” we will develop technology that will reverse what has occurred since the industrial revolution. That’s 150 years of abuse that we will have to deal with, and I am convinced that common ground will lead us to success. So, what are some of the initiatives we need to consider? First, we need to appropriate funds. The International Energy Agency estimates it spends about $22 billion a year on clean energy. The US puts in a third, and, just so you’re aware, Trump wants to reduce that contribution. My vision is totally different. Let’s budget nothing less than $50 billion on clean energy development. Let’s assume that we are successful with that funding and with additional clean energy funding here in the US. Let’s also assume that solar and wind will get their fair share of financial support. Those are quickly becoming mature industries, but they need continuous financial help. But what about other emerging technologies that will help to reduce climate change:
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