Saturday, November 8, 2008

A New Dawn

Today's Wall Street Journal online posted 2 interesting op-ed pieces on climate change:

A New Dawn
As Barack Obama shifts from a waking dream to the real world, he faces the near-virtual reality of climate change and according to Ian McEwan, he has to move decisively.

Copenhagen Business School professor Bjørn Lomborg argues that "Global warming also needs strong leadership. Avoiding the lost decades and misused resources of a Kyoto approach would be paramount, and a focus on 0.05% of GDP R&D would fix long-term global warming at much lower cost and with much higher probability of success. This, truly, would be change we could believe in."

President - elect Obama has pledged to create millions of "green jobs," in fields such as wind and solar energy and has committed to mandating that the U.S. generate 10% of its electricity from renewable sources by 2012, and 25% by 2025. The goals of fighting global warming reducing U.S. dependence on foreign oil may not be feasible given the state of our economy. Hopefully Obama and his team will be able to figure out how to best approach both goals.

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