The Reference Frame: In denial: climate on the couch
The program mostly sounds as a parody.johnosullivan - Global Panic as Green Sector Collapses and Investors Face Ruin
The host finally says that social norms may change quickly and you may be foolish if you made a bet against people's becoming low-carbon nuts very soon.
Great Britain is clearly a different place. If such a program were aired on a Czech public radio, people would call psychiatrists to take care of the participants of the program.
With economists plainly joining an increasing number of scientists in global warming skepticism its little wonder there’s now a mass flight away from ‘renewables;’ such that both investors and governments are compelled to follow suit in the clearest indication yet that green energy won’t live up to its promises.
The key to long-term economic success now appears to be safely premised once again on solid market innovation, not ideologically driven government subsidies; such subsidized ventures have a long and notorious history as lame duck enterprises. It seems ‘green renewables’ has become the latest of these white elephants.
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