Diary Of The Last Age

Each of our carbon footprints are critical for the survival of our planet.  I support all efforts to accomplish that.  However, I don't believe that effort will win without an economic incentive.  It is important that the true cost of carbon emissions be incorporated into our economy.  I've posted numerous times about how to do that with a carbon dividend or tax.   The Republican Party is responding to the impact the Democratic Party is having on this issue.  I believe a Green New Deal is just as important , but the Republican Party is coming out in favor of a carbon dividend to forestall the Green New Deal.  The Republican Party’s position on climate change is rapidly evolving, with Senate Majority Leader Mitch McConnell (R-Ky.) saying that we need conservative solutions and House Minority Leader Kevin McCarthy (R-Calif.) warning that the party ignores the issue at its own peril. Just Thursday, House Republican leadership, in its first polic...

Australia is on fire .  Firefighters battle a flare-up on a containment line at the Three Mile Fire on the Central Coast of Australia on on Tuesday, Dec. 10, 2019 Global warming has had a material impact for some time now, but not enough to get the required attention to reverse the denial.  Australia is the first of many major events that will get that attention.  There are going to be more.  Here is what we shall expect over the next decade: 1: Denial Dies The 2020s will see the effective end of denial.  2: Exploration Ends Reserves will become stranded assets and, just like the wild cats endangered by habitat destruction, wildcatters will face extinction. 3: Insurance Influences The cost of insurance will change both corporate and individual decisions in the 2020s. 4: Capital Chooses By the end of the 2020s, today‘s emerging technologies will be commercially viable and today’s existing technologies will be scaling at the speed of solar. An...