Environment vs. Economy

There has been a lot of discussion in recent months about the impact of environmental regulation on the economy. It strikes me as odd that efforts to improve the environment are seen as a potential drag on the economy when in reality there isn't a strong causal link between the two. In fact, it's worth noting that prior to the financial crisis, the UK managed to reduce its greenhouse gas (GHG) emissions by roughly 17% while its economy grew by 45% since 1990.

Innovation Nation

I haven't posted since late last year so here's quick recap of 2010: economy in the doldrums; tied with 2005 as the hottest year on record; was also the wettest year on record (which is awkward on a number of levels); the last decade was the hottest on record (with the previous two decades coming in second and third respectively). All and all, not the kind of streak you want to be on.

So what's a possible solution that meets the trifecta of economic recovery, energy security, and climate stability? There's no easy, straightforward answer but a critical element, and one that needs to be ramped up quickly, is the need to embrace a clean energy future. In doing so, you have the opportunity to design new technologies, enable new markets, and most importantly, create new jobs. And it all comes with the additional benefits of a cleaner environment and more secure sources of energy.

Total aside, anyone who can find a poetry blog from 2001 called "Someplace Nice" gets a cookie.

The Power of One

The challenges posed by climate change are enormous. We have to make a global effort to fundamentally change how we produce and consume energy. But too many people focus on the cost and scale, arguing that significantly reducing emissions will destroy our economy, without fully understanding the long-term benefit to our environment.

Let's take a step back. Don't get distracted by solely focusing on what everyone around the world has to do in order to avoid the risks of global warming. Instead, focus on what you or your family can do to reduce your energy bill and save some cash. Check out the Maryland Energy Administration for some useful hints.

Now, consider the cumulative effect of lots of individuals taking these small steps to reduce our energy and water use, and save money. I know - revolutionary.

Let there be light!

This is a great piece on the growth in the UK's solar industry. Key takeaway:

The growth in jobs is attributable as much to the nature of the Government scheme as it is the size—offering predictable, guaranteed long-term support for the industry, rather than the more sporadic offers of short-term grants and tax breaks that have been so common across the Globe.

It's all about long-term certainty. Otherwise you have peaks and valleys for renewable energy development. And not to sound like a broken record here, but these policies create jobs, jobs, and more jobs.

Could use a little wind out here

While the chances of comprehensive climate change and energy legislation seem less and less likely, it's nice to see some good news coming out of the states. This is an interesting piece on the largest US wind farm to date. Home grown energy that reduces greenhouse gas (GHG) emissions, provides a clean, safe, and secure source of energy, and creates thousands of jobs. Dare I say it's a win-wind?

The Clean Economy Race

So regular GreenMachine readers, you'll have pretty much guessed by now where I sit on climate change and clean energy policy. And I've stressed away the months as the chances of comprehensive legislation have whittled away to almost nil. I've come to accept that these things happen. But I found it especially interesting that Congress is doing this while China is doing this. It makes you wonder who is going to win the 21st Century economic race?