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23 February 2006

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Neil

While there are lots of possible responses, I'm convinced that the theme of successful responses will be to include market forces as part of the solution -- simply put, activities that worsen the situation need to get more expensive than activities that make it better. And that needn't be any more than internalizing some of the costs that are currently hidden - like the cost of supporting a large army to stabilize or defend the middle east to keep oil flowing, or the costs of cleanup after hurricanes, flooding, etc.

Look at the shift in consumer auto buying patterns for this summer when oil prices rose by just a dollar or so; if that were sustained, I imagine it would create dramatic impetus for Detroit to accelerate hybrids, and push forward other appropriate technologies. Rising cost of electricty and heating fuel might stimulate more personal solar power - at least in the sun-belt where its affordable.

But what to do about funding the dislocation for those who don't have the capital to buy the new more economical car, or invest in the solar panels on the roof?

A personal favorite idea is to create a personal investment fund to help homeowners or renters purchase solar cells (in appropriate regions, etc.) and recoup the investment over a 10-20 year period by recapturing part of the savings on electric bills for the consumer. Kind of a mortgage for purchasing solar electric power, with all the homeowner incentives to maintain and utilize the asset effectively, since they will end up owning it. More generally, a similar fund could fund all kinds of home and small business energy efficiency technologies, like insulation, more efficient lighting, windows, etc.

What kind of support would be necessary to facilitate a community lending program, where the well-off can contribute by investing in the fund to pay for the energy efficiency conversions for the less well off? Pooling of risk through aggregation of funds, and minimal governmental or tax support necessary?

Tony Fisk

Too brief a glimmer of hope?

A similar problem occurs in the WorldChanging slideshow put together with Ed Burtynsky (http://www.worldchanging.com/campaign/). Gripping images that inspire despair and overwhelm the intended message of hope that occurs at the end. A couple of people have mentioned this at WC, and it has been acknowledged. If you intend to go to Gore's second speech, I suggest you raise it with him, also.

It's not as if there are no success stories to counter the despair.

Bill Seitz

The Copenhagen Consensus looked at big problems in terms of realistic ROI, and climate stuff was way down the list...

http://webseitz.fluxent.com/wiki/z2004-05-28-CopenhagenConsensusLive

ugurss


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