Lead, Follow, or Get Out of the Way: Green Power and the US
Saturday, March 14th, 2009Some of the best arguments against the US capping CO2 can be summed in a single word. These words are: India, China, Brazil and Indonesia. The long winded version of these arguments go something like this:
Even if the US and Europe cut emissions by 100% there are still 3+ billion people, half the world living in the in those countries and they are increasing their CO2 at a stagering pace. The cost of “green energy” is so much higher than carbon based energy that these and other developing countries will chose the cheaper carbon choice.
So, what can be done about this? Should we subsidize these developing countries so they go with green power? Should we give up? The short answer is that we (North America, Europe, Japan, Korea) need to push for deployment and development of wind, sun and hydropower solutions at home, now. We need to help reduce the cost of these technologies, by supporting this young industry.
Yes, the old rules of the marketplace work here, the more solar and wind generation is deployed, the faster the cost of these power sources decline. The early affect of Germany’s efforts to encourage solar and wind power has helped to both reduce the cost of solar panels and wind turbines with increased the demand for these technologies. Much in the way that VCRs, PCs, microchips and Flat Panels have dropped in pricing as a result of increased demand and sales, economies of scale and competition, solar and wind technologies have followed that model. When the cost of these new technologies create power for less than the cost of fossil fuels, we’ll see developing countries choose green.
So if you want to keep the developing world from building 1000s of fossil fuel power plants, tens of millions of gas powered vehicles and 100s of millions of carbon burning homes, it’s best to encourage the developed world to increase the speed of green energy deployments here. Let’s hope the US either leads the way, or follows germany’s lead. Fortunately with the exit of the Bush administration, the US has gotten out of the way.
