Posts Tagged ‘Green Energy’

Stimulating Green Energy (Technology Review)

Friday, April 24th, 2009

Can we stimulate the economy and create a sound green-energy policy at the same time? Of course. In fact, it’s not possible to have a sustained economic recovery that isn’t green.

Our entire economic system is unsustainable. It’s a global Ponzi scheme: investors (i.e., current generations) are paying themselves (i.e., you and me) by taking from future generations. To perpetuate the high returns that the rich countries in particular have been achieving in recent decades, we have been taking an ever greater amount of nonrenewable energy resources, especially hydrocarbons;…

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