A convicted one even:
If you were told that your house was virtually certain to burn down, you would think that an insurance premium costing 2% of your income in 2050 – Lord Stern’s economic estimate of the cost of sorting carbon emissions – looked like a steal.
I can’t speak for everyone else and we’ll ignore the specifics of how that number was reached. But 2% does sound OK: the problem is that you fuckers are spending vastly more than that.
Solar panels are a quarter of their cost in 2008. Industry estimates suggests that solar will be cheaper (without subsidy) than other ways of generating electricity almost everywhere by 2020, and onshore wind even earlier.
That’s the perfect argument for not subsidising the damn things now but for waiting until 2020 and people will then install them unsubsidised. So, why are you pissing away our money on them now?