Al Gore

I am a fan of Al Gore. I do not doubt global warming.  But the wrong arguments have been made on renewables all along.  The current Climate Bill is, in fact, a jobs bill.

Whatever you think of climate change the fact is we’re subsidizing a market sector in hydrocarbons that is not growing, and not producing jobs.

Our Department of Energy still pays for oil and gas research. Corporate taxes are kept low in states with heavy concentrations of hydrocarbons. Energy companies still enjoy accelerated depreciation.

This despite decades of enormous profit, and increased efficiencies which mean that oil, gas and coal don’t really create many jobs. And the cost of using hydrocarbons, pollution and habitat damage, are never accounted for at all.

In contrast, our economic rivals are passing all sorts of incentives for renewable development. China now leads in solar cell production. Germans have used market incentives to construct nearly 24,000 megawatts of wind power.

Energy for the Sun, from the wind, and from the tides is a growth industry. It increases the self-sufficiency of any country that uses these resources. It creates thousands of new jobs. So Germany’s economy is recovering and China’s is back to rocketing along, while we deal with unemployment over 10%.

Source: Smart Planet