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Response to FourScore (Original post)

Fri Jan 18, 2013, 11:35 AM

102. The problem is that the global economy doesn't work that way.

As the global economy keeps expanding, its need for energy will prompt it to include renewable energy alongside existing fossil fuels, rather than replace them. If renewables become cheap enough, then demand for fossil fuels will drop. That will cause their price to drop, which will make them more attractive to those nations or regions that don't have renewable energy.

The problem is that the global economy is based on energy, and it can expand fast enough to incorporate all the energy that happens to be available.

My latest writing on the subject is over in E&E at http://www.democraticunderground.com/112733540 but here are my conclusions:

Basically I've come to the conclusion that no amount of policy change or renewable energy will slow global warming so long as the world economy remains intact, and continues to function under its current paradigm.

It seems that the paradigm that has trapped us runs like this:

- Nations compete in an unconstrained manner for power on the world stage;
- Wealth = power;
- Real wealth = manufactured goods;
- Manufactured goods embody energy; and
- Fossil fuels provide the largest source of available energy.

As long as that paradigm holds, climate change cannot be stopped. The world will continue to burn all the fossil fuel that'rs required to support the maximum level of economic activity possible.

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