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Originally Posted by Mathgod
Hence the need for constant improvements to current green technologies and development of new ones. This requires substantial funding from the public and private sectors. Private investment hasn't been sufficient to this point which means public funding has to pick up the slack.
It's not clear what you're referring to here. What do you mean by "letting the bottom fall out" leading to billions of deaths? It sounds an awful lot like the argument that I hear often from climate change deniers, which goes something like you can't significantly cut global C02 emissions without starving billions of people to death. It's a silly argument because it's not at all true. The only thing I'm calling for here is carbon pricing in all relatively wealthy nations, with the money being devoted to green technology R&D. The benefit is two-fold, it leads to a reduction in consumption in the first world, which means less importing cheap goods from communist China. At the same time, we accelerate the pace of green technology advancement.
Canada has carbon pricing, and that's great. But every G20 country should have it, IMO. I don't see how this would equate to "starving out billions of people".
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Are we not seeing the impact of what pricing the general consumer out of energy is doing? What people like you have been screaming for the last decade is effectively leading to every day people not being able to afford to fill up their cars or heat their homes. You will find out over the next two winters how painful this can really be. Well not you personally, you are still going to enjoy cheap natural gas by simple virtue of Canada not being tied to the global market, but Europeans are really going to struggle.