Index Investing News
Sunday, May 17, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Going green a palpable need but a tough transition

by Index Investing News
January 26, 2023
in Opinion
Reading Time: 4 mins read
A A
0
Home Opinion
Share on FacebookShare on Twitter


By Llewellyn King

Thursday, Jan. 26, 2023 | 2 a.m.

ABU DHABI, United Arab Emirates — I first heard about global warming being attributable to human activity about 50 years ago. Back then, it was just a curiosity, a matter of academic discussion. It didn’t engage the environmental movement, which marshaled opposition to nuclear and firmly advocated coal as an alternative.

Twenty years on, there was concern about global warming. I heard competing arguments about the threat at many locations, from Columbia University to the Aspen Institute. There was conflicting data from NASA and other federal entities. No action was proposed.

The issue might have crystallized earlier if it hadn’t been that between 1973 and 1989, the great concern was energy supply. The threat to humanity wasn’t the abundance of fossil fuels. It was the fear that there weren’t enough of them.

The solar and wind industries grew not as an alternative but rather as a substitution. Today, they are the alternative.

Now, the world faces a more fearsome future: global warming and all of its consequences. These are on view: sea-level rise, droughts, floods, extreme cold, excessive heat, severe out-of-season storms, fires, water shortages and crop failures.

Sea-level rise affects the very existence of many small island nations, as the prime minister of Tonga, Siaosi Slavonia, made clear here at the annual assembly of the International Renewable Energy Agency (IRENA), an intergovernmental group with 167 member nations.

It also affects densely populated countries like Bangladesh, where large, low-lying areas may be flooded, driving off people and destroying agricultural land. Salt works on food, not on food crops.

Sea-level rise threatens the U.S. coasts — the problem is most acute for cities such as Boston, New York, Miami, Charleston, Galveston and San Mateo. Flooding first, then submergence.

How does human catastrophe begin? Sometimes it is sudden and explosive, like an earthquake. Sometimes it advertises its arrival ahead of time. So it is with the Earth’s warming.

Delegates at the IRENA assembly felt that the bell of climate catastrophe tolls for their countries and their families. There was none of the disputations that normally attend climate discussions. Unity was a feature of this one.

The challenge was framed articulately and succinctly by John Kerry, U.S. special presidential envoy for climate. Kerry’s points:

• Global warming is real, and the evidence is everywhere.

• The world can’t reach its Paris Agreement goal of limiting warming to 1.5 degrees Celsius by 2030 or the ultimate one of net-zero carbon by 2050 unless drastic action is taken.

• Warming won’t be reversed by economically weak countries but rather by rich ones, which are most responsible for it. Kerry said 120 less-developed countries produce only 1% of the greenhouse gases while the 20 richest produce 80%.

• Kerry, notably, declared that the technologies for climate remediation must come from the private sector. He wants business and private investment mobilized.

The emphasis at this assembly has been on wind, solar and green hydrogen. Wave power and geothermal have been mentioned mostly in passing. Nuclear got no hearing. This may be because it isn’t renewable, technically. But it does offer the possibility for vast amounts of carbon-free electricity. It is classed as a “green” source by many government institutions and is now embraced by many environmentalists.

The fact that this conference has been held here is of more than passing interest. Prima facie, Abu Dhabi is striving to go green. It has made a huge solar commitment to the Al Dhafra project. When finished, it will be the world’s largest single solar facility. Abu Dhabi is also installing a few wind turbines.

Abu Dhabi has a four-unit nuclear power plant at Barakah, with two 1,400-megawatt units online, one in testing and one under construction. Yet, the emirate is a major oil producer and is planning to expand its production from more than 3 million barrels daily to 5 million barrels.

The Russian invasion of Ukraine has made oil more valuable, and even states preparing for a day when oil demand will drop are responding. Abu Dhabi isn’t alone in this seeming contradiction between purpose and practice. Green-conscious Britain is opening a new coal mine.

The energy transition has its challenges — even in the face of commitment and palpable need. The delegates who attended this all-round excellent conference will find that when they get home.

In the United States, utilities are grappling with the challenge of not destabilizing the grid while pressing ahead with renewables. Lights on, carbon out, is tricky.

Llewellyn King is the executive producer and host of “White House Chronicle” on PBS. He wrote this for InsideSources.com.





Source link

Tags: greenpalpableToughtransition
ShareTweetShareShare
Previous Post

Philippines records strongest economic growth in 45 years

Next Post

Who is this Form for & How to Fill It

Related Posts

New Delhi to Oslo, building a new strategic partnership

New Delhi to Oslo, building a new strategic partnership

by Index Investing News
May 15, 2026
0

We live in an unpredictable world. But unpredictability is not the same as powerlessness. Democracies that share values and trust...

A great code bloat is arising as AI turns managers into software programmers

A great code bloat is arising as AI turns managers into software programmers

by Index Investing News
May 11, 2026
0

A great code bloat is taking birth in the minds of a million managers. As every employee becomes a casual...

Marijuana Vendors Sued For Allegedly Not Warning Consumers Of Risks – FREEDOMBUNKER

Marijuana Vendors Sued For Allegedly Not Warning Consumers Of Risks – FREEDOMBUNKER

by Index Investing News
May 7, 2026
0

Authored by Matthew Vadum via The Epoch Times,Companies that legally sell recreational marijuana to adults are being sued in Illinois...

a century of transformation in Southern Africa

a century of transformation in Southern Africa

by Index Investing News
April 27, 2026
0

Dr Pali Lehohla|Published 6 days agoIn this article that marks fifty years on from June 16, I posit through the...

The Queens street meetup was chaos—and can’t happen again

The Queens street meetup was chaos—and can’t happen again

by Index Investing News
April 25, 2026
0

Let’s get something straight right away: What happened at 69th Street and Eliot Avenue last weekend was serious—not a case...

Next Post
Who is this Form for & How to Fill It

Who is this Form for & How to Fill It

Rory McIlroy, Patrick Reed and teegate is just the start of golf’s drama in 2023

Rory McIlroy, Patrick Reed and teegate is just the start of golf’s drama in 2023

RECOMMENDED

Kooth shares soar after profitable .45 mln pilot contract with New Jersey faculties By Investing.com

Kooth shares soar after profitable $1.45 mln pilot contract with New Jersey faculties By Investing.com

December 24, 2024
Tottenham Discussing “Unbelievable” 4-3-3 Slot Alternative

Tottenham Discussing “Unbelievable” 4-3-3 Slot Alternative

May 23, 2023
Wildlife Photographer of the Year: Napping polar bear image wins “Wildlife Photographer of the Year” People’s Choice Award | World News

Wildlife Photographer of the Year: Napping polar bear image wins “Wildlife Photographer of the Year” People’s Choice Award | World News

February 8, 2024
UK inflation falls to 3.9% in November

UK inflation falls to 3.9% in November

December 20, 2023
Australian PM hopes for meeting with China’s Xi at summit

Australian PM hopes for meeting with China’s Xi at summit

November 9, 2022
CIA head visited Ukraine – CNN — RT World News

CIA head visited Ukraine – CNN — RT World News

October 27, 2022
PEPE Surges To alt=

PEPE Surges To $0.00000125 High

August 9, 2023
From Christian Pulicic to Gio Reyna, ranking all USMNT players

From Christian Pulicic to Gio Reyna, ranking all USMNT players

November 26, 2023
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In