Two words: China, India. These rapidly industrializing nations contain 36 percent of the world’s population and account for half of the world’s projected energy usage through 2040.
And China didn’t become one of the United State’s best lenders by increasing their own cost of business. China is the world’s largest consumer of coal, taking up 41 percent of the usage pie compared to the U.S.’s 14 percent.
“Historically, coal has been both the cheapest and the dirtiest fuel,” J.R. DeShazo, a professor of public policy at UCLA, told the LA Times. “That’s expected to continue to be true over the next 20 to 30 years.”
China and India (and even other high usage countries, like Brazil) are going to have to be big players in the global move to reduce pollutants. The Obama administration has made efforts to work with China, but only time will tell if these politicians will walk the walk.
In the meantime, the global warming issue remains a political football, with the administration disgustingly using sick children as props for its green agenda while the GOP threatens to subpoena the EPA over its pollution studies. As usual, the truth lies somewhere in the middle, which is an unattainable territory for D.C.