27-07-2017, 09:30 AM
By 2040 I'm pretty sure that advances in technology and market forces will give us a green (or at least greenish) outcome. Regardless of what politicians say. Though governments can steer the process by fiscal and regulatory meausres. And frequenctly get things wrong. The market gets things wrong too but it's inherently self correcting with bankruptcies and takeovers being the price for failure. The market can't always work. For public goods such as water quality, education and healthcare the market frequently gives perverse outcomes and so needs government intervention.
Obvious examples of government intervention in energy policy:
Tax on petrol and diesel
Subsisides and tax breaks for alternative fuel cars (I'm taking delivery of a hybrid later in the year)
Solar PV feed in tariffs
Waiving of London C charge for ultra low and zero emission vehicles
Less obvious interventions include:
Planning policy for siting of wind turbines
Hidden or implicit subsidies for coal and oil (more in the US than UK)
Air and sea transport are more difficult but again technology will have a huge impact. None of us can predict the future of new ships partly powered by sail or electrically powered aircraft. Both sound a bit unlikely at present but there's R&D happening on both. Why shouldn't tractors and other farm machinery be electric or hybrid? Operating over short distances with fairly predicatble usage and near charging facilities. There's no reason I can see why virtually all urban delivery vehicles shouldn't be electric within a few years. May need more of a fiscal nudge at the moment but again the market will probably deal with the problem in a few years.
Obvious examples of government intervention in energy policy:
Tax on petrol and diesel
Subsisides and tax breaks for alternative fuel cars (I'm taking delivery of a hybrid later in the year)
Solar PV feed in tariffs
Waiving of London C charge for ultra low and zero emission vehicles
Less obvious interventions include:
Planning policy for siting of wind turbines
Hidden or implicit subsidies for coal and oil (more in the US than UK)
Air and sea transport are more difficult but again technology will have a huge impact. None of us can predict the future of new ships partly powered by sail or electrically powered aircraft. Both sound a bit unlikely at present but there's R&D happening on both. Why shouldn't tractors and other farm machinery be electric or hybrid? Operating over short distances with fairly predicatble usage and near charging facilities. There's no reason I can see why virtually all urban delivery vehicles shouldn't be electric within a few years. May need more of a fiscal nudge at the moment but again the market will probably deal with the problem in a few years.
www.borinsky.co.uk Jeffrey Borinsky www.becg.tv


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