By Hermann Scheer
The worldwide financial system and our lifestyle are in response to the exploitation of fossil fuels, which not just threaten big environmental and social disruption via international warming yet, at the moment premiums of intake, will run out inside a long time, inflicting large business dislocation and monetary cave in. Even sooner than then, the conflicts it factors within the center East and in different places might be frighteningly exacerbated.
The exchange exists: renewable power from renewable assets – exceptionally, sun. Substituting renewable for fossil assets will take a brand new business revolution to keep away from the worst of the wear and determine a brand new foreign order.
It should be performed, and it may be performed in time. The sun Economy, through one of many world’s prime analysts and advocates, lays out the blueprints, exhibiting how the political, financial and technological demanding situations could be met utilizing indigenous, renewable and universally on hand assets, and the large possibilities and advantages that might move from doing so.
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Additional info for The Solar Economy: Renewable Energy for a Sustainable Global Future
3 They all mount a convincing attempt to trace out how the resources used at each point in history shaped the economic, social and cultural trends of the time. There is no need to reiterate the detailed paths taken by individual economies here. Cultural differences notwithstanding, the process is more or less the same whenever and wherever it takes place. The aim here is to describe how the world is fettered by the supply chains of a finite, exhaustible resource base, chains which are dragging humanity inexorably into the abyss.
It is no accident, as this book will show, that most of these ‘global players’ belong to the energy and resource extraction industries: the energy, mining and agribusiness corporations. International institutions must be strengthened to mitigate the influence of global corporations. Corporations, however, are better endowed, more influential, more sure of their goals, more flexible, more effective and better organized than any institution could be. They merge according to need; they know how to harness the political and scientific elite to achieve a global consensus.
This can be exploited if the atomic and fossil fuel energy suppliers are divested of their numerous state privileges, and technical development and market introduction strategies for renewable energy are refocused on this unique economic advantage. Solar resources can be harnessed in a more efficient, user-friendly and thus more productive way than would ever be possible with conventional energy. 6 The immutable laws of physics must have primacy over the mutable laws of the market in our economic order.