Monday, September 21, 2009

No: Alternatives Are Simply - WSJ.com

Next time you see one of those ads calling for "creating green jobs" consider this:

So, to meet the target the climate campaigners have set, the U.S., Europe and Japan will have to replace virtually their entire fossil-fuel energy infrastructure. For the U.S., the 80% target means reducing fossil-fuel greenhouse-gas emissions to a level the nation last experienced in 1910. On a per-capita basis, we'd have to go back to the level of about 1875.

It is not even clear the goal of replacing fossil fuels can be accomplished at any cost, a point the International Energy Agency raised in its most recent annual energy forecast: "Even leaving aside any debate about the political feasibility of the 450 Policy Scenario, it is uncertain whether the scale of the transformation envisaged is even technically achievable, as the scenario assumes broad deployment of technologies that have not yet been proven. The technology shift, if achievable, would certainly be unprecedented in scale and speed of deployment."

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