President Obama: “For decades, we’ve been told that it doesn’t make economic sense to switch to renewable energy,” Obama said. “Today, that’s no longer true.” Obama noted that corporate giants Walmart, Google and Apple were among the largest purchasers of clean energy and installers of clean energy systems in the world. He said that the nation’s quick move toward renewable energy was creating “resistance from some fossil fuel interests.” He cited the Koch brothers among people who like to promote free-market ideology, except when it comes to clean energy.
Last week Tony Abbott was sounding all concerned about the future of the planet. The world only has one, he said accurately, and we should really protect it. (Is this really Tony Abbott – but then) But not if it meant sacrificing the economy for the sake of the environment.
Leading economist Nicholas Stern says, “There is no horse race between economic growth and climate action. To portray them as in conflict is to misunderstand economic development and the opportunities that we now have to move to the low-carbon economy. To pretend otherwise is diversionary and indeed creates an ‘artificial horse race’ which can cause real damage to the prospects for agreement.”
Renew Economy: 26 Aug 2015
Key Words: International