I'm speechless, but also habituating to that feeling.
It's as if we reincarnated oil barons from the early 1900s and appointed them all to lead the government without telling them it was 2017.
It's as if we reincarnated oil barons from the early 1900s and appointed them all to lead the government without telling them it was 2017.
The weirdest part of it all is how these folks are now on the sharp end of capitalism. They're rapidly being dismantled at a more local level by on-site generation, which simply needs less global infrastructure to meet demand.
So now we have these folks with massive empires largely based on the promise of future capital, with heavily leveraged current holdings. They have incentive to act against efficiency and the market to preserve the investments they made. In any other scenario folks would probably say that they "deserve to lose".
We can't wait for them to accept the science, we should be pushing for the economic incentives to do the right thing to get better.
I wish the climate change alarmists could realize that 90% of what they're freaking out about is a non-problem. It'd just take a small amount of focused investment (cogeneration and AC time-shifting tech, etc) to make the energy industry obsolete.
The energy industry is fighting against both economics and ecology to maintain dominance. It does so for lots of reasons. It has no right to exist.