Opportunity knocks, but not often. Right now, it’s knocking loud and long.
That opportunity is renewable energy. There are many forms, including solar, wind, geothermal, and biofuels. There are certaintly challenges, including energy storage, deployment, and efficiency. Yet despite the challenges, costs are plummeting while installations are muliplying. The race is on: whatever nation or nations find the technological solutions first, and make them available in markets world-wide, is going to WIN BIG. As in, win SO big that they will become the economic powerhouses of the next few decades.
Whatever nations drag their feet, too sluggish to keep up with the rapid advance of renewable energy technology because they’re still banking on fossil fuels, are going to LOSE. Lose BIG.
If you don’t believe global warming is real, you’re not just mistaken, you’re committing economic suicide. Renewable energy technology is already way beyond the early “model T” phase, moving rapidly into the era of computerized and efficient high performance, while you’re still married to the horse-and-buggy days of energy. How do you think that’s going to work out?
Unfortunately, the backward thinking of the Trump administration has doomed the United States to depending on fossil fuels just when they’re poised to go the way of the dinosaurs.
Each year brings us closer and closer to a world in which nobody wants your fossil fuels. It’s still a way off, but it’s still a sure thing. When I was young, a trip to the moon seemed so far off that many believed president Kennedy’s committment to get there before the decade was out was just a hopeless fantasy. But the Russians were working hard at it, and we wanted to beat them there so: the race was on. We won — and not just the race to the moon, but the economic race to develop the new technology, new knowledge, new manufacturing, that would ensure our dominance for decades to come. We got a lot more out of winning the space race than just some moon rocks, a lot more than just an explosion of amazing technology, we also got pride, pride in a job brilliantly done, in achieving something good in the name of peace and progess, something for all mankind. America led the way.
Not any more. China leads the way while the U.S. crawls backwards. The banner of world leadership, economically at least, is leaving America and heading overseas. As economic pre-eminence deserts us, so too will moral leadership. Trump and his partners are handing the world to China on a silver platter.
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