Some reactions to China’s pollution documentary. (You can watch all 104 minutes of it in the post, with English subtitles.) This could very well signal a major turning point for policy direction in China. Such a turn of events could have significant influence everywhere, including the US. Australia too, because that country might soon find itself without a market for it’s main export, coal. Ironically, the video could help save the world from the effects of too much greenhouse gas even though that was not even included as a part of its basic intent. It will be exciting to watch how this all plays out.
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If you want to read a brief description of the video’s background and content you can do so here:
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India’s predicament. “India has resisted committing itself to major emissions cuts, fearing they would compromise efforts to boost living standards in a country where more than a quarter of its 1.2 billion people are poor.” There is an old saying, “haste makes waste.” China’s recent past provides a perfect example, and China has begun to regret it. Now it is India’s time to make decisions, which should be easy, but they have been making it hard for anyone to predict.
http://phys.org/news/2015-03-delhi-pressure-indian-climate-action.html
http://phys.org/news/2015-03-delhi-pressure-indian-climate-action.html
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The solar energy job market is lifting off in the US. The jobs are clean and safe, pay well, and do not require advanced education. Demand is strong and future growth prospects are practically unlimited. What more is there to want? This should be getting more publicity, to help build public support for a more rapid energy transition..
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Another warning to investors, clearly argued. This comes from the Bank of England, directed mainly toward insurance company investment portofolios that have legal reserve requirements. Pension funds have a similar problem, and in fact the warning applies to everyone who invests.
Carl