Impossible as it is to miss the goings on of late on Wall Street and abroad, I still feel just a little bit optimistic about the future.
I realize that stock prices don't bring social change, but they can change attitudes -- as aptly demonstrated by the collapse of Lehman Brothers -- something we could not even have dreamt of a year ago.
Attitudes can change. People can change. Even, dare I say it, companies can change.
Hopefully this episode in our world history might just serve to aid those who hold the keys to real change and finally make them do something, rather than just say things for PR.
The world can change, we can change. Let's hope so at least.
Indeed, the economy and the environment, I think, are very similar. Now, investors are saying to themselves "why didn't we see the signs?", "why didn't we stop it before it happened?".
Let's hope we're not saying the same thing about the environment when we look back, thirty years from now.
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The crisis in energy is the failure to act. The technology exits for zero-carbon energy from wind and solar. In fact several Europenan countries are well above 50% renwable. We can do it too. NOW!
In a plan I call "WINDfall for America" a 3 cents-per-kWh on all electrcity would generate $10 billion-per-month (yes, PER MONTH!) which could easily pay for the infrastructure needed to convert all residential, commercial and transportation energy use to electricity.
After that, the same 3 cents-per-kWh would generate about $900 billion per year to be used to offset costs for other peolpes needs (SS, healtcare, etc).
If you don't believe me run the numbers vaialble from the American Information Administration.
BUT ... also consider this. The 3 cents-per-kWh is an INVESTMENT by "We the People" NOT a DONATION! That means "We the People" reap the benefits of of our investment, and "We the People" decide how the pay-off will be spent.
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