Wednesday, May 7, 2014

Flashes: May 7, 2014

Stanford's divestment of coal seems like a groundbreaking environmental moment until you realize Goldman Sachs' long-term outlook for coal is bleak.

Mitch McConnell says carbon hypocrites should stop using climate change as a political tool.  By that logic, does that mean rich politicians will stop pretending they know about poverty?

Originally, we couldn't switch to renewables because they cost more.  Now they cost the same.
But now we can't switch because they are intermittent.  Except, this past winter proved conventionals are intermittent.
Now we have to make whole those who have invested in sunk, fossil fuel technologies before we can move forward?
When did the energy field move from capitalism to socialism?

I love the Jon Stewart commentary on government picking winners and losers:  (paraphrase)
"You say the government should not be in the business of picking winners and losers, they should be focusing on building roads, rails and bridges....except that's the government picking winners and losers!  That's the government picking cars, trucks and trains over other modes of transportation."

Enjoy the journey!


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