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We Need the Hydrogen Age; Urgent
If you ever needed a portent of doom take a look at Volvo and its 3rd quarter 2008 orders for its trucks; down from 41,970 1 year ago to a mere 115 - that's right 115, and for the whole of Europe. The environmental lobby must be rejoicing as the decent back to the stone age of zero production it so craves gathers momentum.
Just look around at the mayhem as we shed just 0.5% in GDP. Job losses, asset values plummeting, emerging economies failing, more people starving and with much more yet to come. Now imagine the outcomes when GDP falls by a further 1 - 2%, then Europe generally, North America, the Asian tigers. Are you ready for this pain; is this what we want, or is the environmentalist utopia just a bit too much to stomach?
The challenge of climate change cannot be met by reducing demand from 6 billion people all wanting food, shelter, energy and transport. This hoped-for outcome is environmentalist nonsense.
We all need to wake up to the fact that increased demand for all the basic human needs will continue to grow and grow, and grow. Get used to it. No-one can be content at the outcomes for the world's populations as capitalism falters. The answer has to be found in sustainable demand, but that's not going to happen by putting corn oil in your car, and growing your own vegetables. It's going to come from a technological shift to a new age; the hydrogen age.
All governmnets need to do is to co-ordinate a policy shift to hydrogen and away from a carbon economy. Necessity has always been the mother of invention so put the world's genius on notice that the party's over in 2020 - no more carbon output. Zero. Make the shift profitable and watch what the world does in response.