Says John Vidal:
Politicians, too, see the attractive side of climate change. Last month senator Obama pledged to invest $150bn to create five million new "green collar" jobs by 2020 if he becomes US president. But he may be underestimating the potential of the environment to beat a recession. Economist Roger Bezdek last year concluded that, with the right government incentives, renewable energy and energy-efficiency industries alone could create 40 million jobs in the US by 2030.
Equally, governments are committing themselves to structural changes, and making it impossible for climate change to drop off the agenda. The EU\’s decision to generate 20% of all energy from renewables by 2015 will mean a gigantic new renewables industry will emerge. In Britain alone, more than £100bn may be spent in trying to meet our 15% target by 2020. Across Europe the investment could be nearly 10 times as much.
But the benefits are now clear. Germany has already created 250,000 jobs in the solar and wind industries; Gordon Brown reckons there are 125,000 new jobs in UK renewables by 2020; Australia thinks that more than 100,000 jobs could be created by climate change in agriculture alone. Carbon capture and storage, electric cars, marine and wave, hydrogen and solar industries are all expected to emerge as vast industries within 20 years.
Yes, OK, so when do we get to the benefits of all of this…..
Oh, wait. Vidal thinks these are benefits, doesn\’t he?
Crippled Jebus Christe on a crutch, when will these boneheads get the point that the creation of jobs is a cost of these plans?