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Originally Posted by Undertoad
20% of the world's electricity is used for lighting. Eventually it will be 4%, because LED.
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That transition caused a lot of complaints and bellyaching, and Trump is moving backwards on it.
Because a lot of the reasons for optimism are things pushed for, advocated for, incentivized, and subsidized by policies intended to combat climate change.
Like the carbon recapture plants you mentioned earlier. One of their
sources of funding (I have no idea what percentage) is from the
Climate Change and Emissions Management Corporation (CCEMC), which is technically privately funded, but:
Quote:
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Funding for CCEMC is collected from industry. Since 2007, Alberta companies that annually produce more than 100,000 tonnes of greenhouse gas emissions over a baseline are legally required to reduce their greenhouse gas intensity by 12 per cent. Companies have three options to meet their reduction target: improve the efficiency of their operations, buy carbon credits in the Alberta-based offset system or pay $15 into the Climate Change and Emissions Management Fund for every tonne over the reduction limit. The CCEMC invests the money collected in clean technology.
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Hope for the best, plan for the worst. Because planning for the worst helps make the best more likely.