Jeff Goodell
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Jeff Goodell
Jeff Goodell is an American author and contributing editor to Rolling Stone magazine. Goodell's writings are known for a focus on energy and environmental issues. He is a 2016 Fellow at the New America Foundation...
NationalityAmerican
ProfessionAuthor
CountryUnited States of America
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If you are interested enough in the climate crisis to read this post, you probably know that 2 degrees Centigrade of warming (or 3.6 degrees Fahrenheit) is the widely acknowledged threshold for "dangerous" climate change.
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In recent years, America's wealthiest man has begun to tackle energy issues in a major way, investing millions in everything from high-capacity batteries to machines that can scrub carbon dioxide out of the air. With a personal fortune of $50 billion, Gates has the resources to give his favorite solutions a major boost.
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Bloomberg's $50 million is not going to revolutionize the electric power industry. But his willingness to fight is already inspiring others to see Big Coal differently.
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The first sign of whether Obama is serious about confronting the climate crisis will be revealed by how he organizes the White House.
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Despite all the progress climate scientists have made in understanding the risks we run by loading the atmosphere with CO2, the world is still as addicted to fossil fuels as ever.
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Corn is already the most subsidized crop in America, raking in a total of $51 billion in federal handouts between 1995 and 2005 - twice as much as wheat subsidies and four times as much as soybeans. Ethanol itself is propped up by hefty subsidies, including a fifty-one-cent-per-gallon tax allowance for refiners.
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Australia has suffered a decade of drought, epic floods, a Category 5 cyclone, and a plague of locusts. But just because Aussies have the biggest carbon footprint in the world, it doesn't mean they're stupid.
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The idea that human beings have taken a few steps closer toward asserting control over the Earth's climate is likely to strike you as a really bad idea.
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By burning fossil fuels, we are already dumping 30 billion tons of CO2 into the atmosphere every year, which has a profound effect on the climate. So, like it or not, we're already messing with a system we don't understand.
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In any crass political calculation, drilling for oil will always win more votes than putting a price on carbon. But if I recall what I was taught in fifth-grade American government class, we elect presidents to do more than crass political calculations.
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But overall, Obama's record on the environment has been uninspired - and that's putting it kindly. He hasn't stopped coal companies from blowing up mountaintops and devastating large regions of Appalachia.
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Without electrons, there is no Google. And without clean electrons, there will be no Google customers, since we'll all be too busy fleeing from rising seas, droughts, and disease.
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From the industry's point of view, the problem is not that coal companies blast the top off mountains, turning the area into a moonscape and polluting the air and releasing toxic chemical into what's left of the local streams and aquifers. It's that the people who live near the mines are too cozy with their cousins.
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In reality, studies show that investments to spur renewable energy and boost energy efficiency generate far more jobs than oil and coal.