The good news is that there are now real grounds for optimism that we can slow and ultimately stop greenhouse gas emissions. Renewable energy currently outcompetes fossil fuels in many areas and continues to become cheaper every year. New energy storage options, ranging from cheaper batteries to green ammonia, are emerging. New ways to produce proteins at scale without destroying rainforests are being developed.
When these solutions become so good, and so cheap, that they routinely outcompete their fossil fuel and biodiversity-destroying counterparts, greenhouse gas emissions will decline to near zero. Getting there, though, needs some serious focus on green technologies supported by policies that will get them rolled out.
Yep, the solution will be technological. We need more and better technologies that is. So, what do we know about innovation? That governments can’t do it, are incapable of planning it. Capitalism and markets are great at it.
Note, please, innovation, not invention, which both are equally good at.
So, to beat climate change we need capitalism and markets, not government and planning then. What’s being proposed? Government and planning.
So, over there on the naughty step please, dunce’s cap upon bonce.
Sure, it’s possible to reject the entire thesis out of hand. But how stupid do you have to be to accept it and then reject the known solution?