The benefits of thinking green
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- SC restrains Centre from disinvesting further shares in Hindustan Zinc in favour of Vedanta
- Ganga projects: Uma Bharti objects but Prakash Javadekar rejects
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Nothing would do more to ensure America's security and stimulate more jobs than a national clean energy standard
Thomas L. Friedman
President Obama delivered his most important national security and jobs speech last week. I think he also mentioned something about climate change. The headline from Obama's speech was his decision to cut America's carbon emissions by bypassing a dysfunctional Congress and directing the Environmental Protection Agency to implement cleaner air-quality standards. If the rules are enacted — they will face many legal challenges — it would hasten our switching from coal to natural gas for electricity generation. Natural gas emits about half the global-warming carbon dioxide of coal, and it is in growing supply in our own country. As a result of market forces alone, coal has already fallen from about one-half to one-third of America's electric power supply.
But I would not get caught up in the anti-carbon pollution details of the president's speech. I'd focus on the larger messages. The first is that we need to reorder our priorities and start talking about the things that are most consequential for our families, communities, nation and world. That starts with how we're going to power the global economy at a time when the planet is on track to grow from seven billion to nine billion people in 40 years, and most of them will want to live like Americans, with American-style cars, homes and consumption patterns. If we don't find a cleaner way to grow, we're going to smoke up, choke up and burn up this planet so much faster than anyone predicts.
"In reducing coal's historic dominance, the president is formalising a market trend that was already taking shape," remarked Andy Karsner, who was an assistant secretary of energy in the last Bush administration. His bigger message, though, was "no matter where you find yourself on the political spectrum, it's useful for the nation to discuss, debate and consider a strategy for climate change. The consequences of inaction are potentially greater than all the other noise out there."
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