The irony is that a century-long trend of advance in conventional "non-renewable" energy—from wood to oil to natural gas and nuclear—has already wrought a roughly 60% drop in carbon emissions per watt. Thus the long-term California targets might well be achieved globally in the normal course of technological advance. The obvious next step is aggressive exploitation of the trillions of cubic feet of low-carbon natural gas discovered over the last two years, essentially ending the U.S. energy crisis.
Bullshit. Mr. Gilder should be ashamed of himself for writing this, but I suppose he’s too busy enjoying the massive payoff he’s probably getting from Chevron.
With an exploding population of people who want to just keep consuming more, California absolutely must lead the way in restricting its carbon emissions. Note that his “60% drop” figure is in carbon emissions per watt — when was the last time you heard of total energy use holding steady, let alone decreasing?
California has to get itself off of fossil fuels and onto renewables, or the hypothetical economic slowdown this buffoon is whining about will be the least of our worries. What good is a recovered economy if we aren’t alive to enjoy it because half of the state is under the sea?