Eco-minded father & Austinite working in sustainability and technology.
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Green | Tech | Media | Mis·cel·la·ny
"Adding up the area below the lines for oil & gas versus renewables, you get this: in the last 60 years, the US fossil fuel industry has received almost $600 billion in federal support, compared with only $74 billion for renewables."
Many U.S. executives also assumed that as China got richer, its citizens would spend more of their income. But the opposite has happened: the country’s savings rate is now climbing faster than its spending. China’s households save more than a quarter of their money, while Americans save less than 4 percent.
Alarmism over climate is of great benefit to many, providing government funding for academic research and a reason for government bureaucracies to grow. Alarmism also offers an excuse for governments to raise taxes, taxpayer-funded subsidies for businesses that understand how to work the political system, and a lure for big donations to charitable foundations promising to save the planet. Lysenko and his team lived very well, and they fiercely defended their dogma and the privileges it brought them.
"The two fastest-developing economies in the world ranked poorly, with India 125th out of 132 and China 116th. Both suffer from unhealthy air."
New electricity generation from the wind, sun, waves and biomass drew $187 billion in 2010 compared with $157 billion for added capacity from natural gas, oil and coal, according to Bloomberg New Energy Finance, the first time investment in renewables has exceeded that of fossil fuels.
Eco-minded father & Austinite working in sustainability and technology.
info @DearingGroup dotcom
about.me profile
Eco-minded father & Austinite working in sustainability and technology.
info @DearingGroup dotcom
about.me profile
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