Why A Low-Carbon Economy Is Further Off Than We Think
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Whatever the longer-term potential for a viable and prosperous global economy with a low-emissions profile, the present study demonstrates that the prospects for a self-sustaining low-carbon economy as the result of current UK national and EU-wide policies are poor.
The problem is that these policies for such a shift to renewable energy systems demand high levels of state coercion.
This has the risk of stagnating economic growth and leading to lower levels of invention and innovation, thus appearing to be a weak preparation for reduced usage of fossil fuels.
In addition, empirical experience in Spain and Germany shows that the costs of supporting renewable energy generation are overly high, compared to low-carbon alternatives, and almost certainly has, over time, net economic effects that are negative both in terms of gross domestic product and employment.
An age of subsistence-energy generation appears to be dawning. Overly high subsidies to force renewable energy into the system erode jobs in other sectors of the economy.
Finally, analysis for the EU suggests that the net effects of such policies would only be marginally positive if the EU retains a high share of the world export market in renewable energy technologies – something that appears rather unlikely.
Growth in Cost of Subsidy to Spanish Renewable Electricity Generators
• The prospects for a sustainable, low-carbon economy as the result of current UK national and EU-wide policies are poor.
• Empirical experience in Spain and Germany shows that the costs of supporting renewable energy generation are too high.
• Rising employment in the renewable energy sector compared to the wider UK economy stems from unsustainably high subsidies.
• Renewables are naturally less productive, so as they are relentlessly pursued, a painful rebalancing of the economy will occur, with fewer jobs and less economic growth.
Bottom Line: The current prospects for a sustainable low-carbon economy are poor in both the UK and across the European Union (EU). Germany and Spain have already clearly shown what happens when state coercion forces such a dramatic shift to less reliable and more costly renewable energy systems: unsustainably high subsidies, fewer jobs, and reduced economic growth.
See more here: climatechangedispatch.com
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Andy
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Going carbon-neutral. How to destroy your economy and ultimately your civilisation in one easy lesson.
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Doug Harrison
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Yeah well Andy, don’t you think that is precisely the goal?
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Binra
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Deficit capitalisation as a parasitic alien or artificial and inhuman intelligence operates by guilt and fear. So before you suck up the toxic sins of the hollow ones who would overlord this Earth, recognise and accept your own responsibility so as to release what does not belong to you back to its owner.
As a ‘carbon based expression of living water’, (the medium of Spiritual Communication to Symbiosis that is Life on Earth), you are an integral part OF the Earth – and Cosmos, and the idea that you are special in and of your self has led to separation in concept – never in Fact. Acting out from self-convicted guilt, fear, hate and masking defence, generates the Lesson of its own recognition and release.
The evasive ingenuity of defences against a true Disclosure are held in Common, and only seem to be enacted by perpetrators on victims as a result of pre-existing masks of invested identification. The ‘alien will’ is primarily the self-willed replacement of your own mind by a Fear that makes you stranger to your Self.
True zero-point is the Heart’s Resonance in true alignment of being. Nothing is rejected from the unconditional source of all expression, but is revealed to the truth beneath the framing of a false or partial and conflicted point of identity-reinforcement.
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