We all enjoy dreaming, and I’m no exception. It gives me a warm feeling inside to imagine how things would be if our wishes actually came true.
For anyone who cares about our world’s future, reducing CO2 emissions and improving the earth’s ability to absorb them shouldn’t be a dream, but when you look at the snail speed at which governments are currently moving, at the excuses put forward every time another target is missed, then perhaps fantasy is a more apt word than dream. And the most common excuse used is ‘we don’t have enough money’.
Only last week I read that the UK’s ambitious targets for building wind farms don’t have a chance without investment that is currently not forthcoming. As the Guardian commented - it’s all very well setting an ambitious and necessary target of reducing emissions by 80% by 2050, but we all know that unless there is a dramatic change in the attitude towards investment in renewable energies, it will never be achieved. Whilst positive noises are being made in public, negotiations go on behind the scene to back out of targets or push them back, and every time the investment needed is cited as the main reason. Apparently our governments just can’t afford to put in place the necessary schemes to achieve the goals they are setting, in spite of the dire warnings on what may happen if they don’t.
And yet, when there is a global crisis in the financial markets, suddenly there is enough money to save our banks. Not millions, not billions, not even hundreds of billions, but trillions are immediately made available to help out our ailing financial institutions and their oh so poor employees. Of course it was important to save the banks - it was either that or financial chaos, but the point is that the money - a lot of money - was there in the event of a crisis.
The world’s governments now seem to agree that if radical action is not taken to reduce CO2 emissions, and fast, our planet will go through some dramatic changes before the end of this century, changes that could affect the lives of hundreds of millions of people. If they’re right, then surely this is a crisis on the scale of the financial meltdown we are experiencing, although with one difference: we can see it coming, and we have time to do something about it? In fact, if we do something about it now, it will cost us a hell of a lot less than in twenty years’ time when some of the predicted and potentially irreversible changes have already started to take place.
For instance, it is estimated that the UK’s plan to generated 36% of all energy from renewable sources by 2020 will cost around £50 billion. Even taking economies of scale into account, surely a complete conversion to renewables would only cost maybe £500 billion, and this over as much as 20 years? So why are there regular rumours that suggest that we will miss the 2020 target due to cost issues, and by a mile too? If we look at things from a global perspective (which is of course more relevant), how much do we think it would cost to protect and even start to restore the rain forests, or to push for a complete conversion of transport to a cleaner fuel source by 2020? Yes, it’s a huge amount of money, but all I know is that drip-feeding in order to keep all parties happy today and to win votes, is certain to make many more people unhappy tomorrow.
The media often use the phrase ’short termism’ these days - basically another way to describe the policies of governments that are reactive rather than proactive. We have a real opportunity to avoid short termism in the battle to reduce CO2 emissions, and I just can’t understand why more isn’t being done to take advantage of it. Yes, it will cost a lot, but it has just been proved that the money can be found. Maybe it’s not a dream after all…