With all the talk of bailouts and tax cuts to stimulate growth in the economy, the silence about the enormous opportunity these financially difficult times present is somewhat deafening. Why isn’t there a lot more coverage about the need for massive investment in the green economy? The Obama Administration has recently announced that it plans to take the lead on dealing with climate change and not block the initiatives of the states, of which the Governator’s California has been a strong leader. Arnie’s enthusiastic response to Obama’s call for cooperation with the states shows that this must go beyond predictable party politics. This is a moral issue. Indeed, as Kevin Rudd has said, the great moral issue of our time.
In my opinion – and I am no economist – massive infrastructure investment in green technology is by far the best solution to get the economy going again. What better time to do it than now? And at the same time it will show that we really are serious about mitigating dangerous climate change. Bailouts are only short term solutions, and tax cuts are not only short term but are not likely to work as people tend to want to save in times like these. Green investment will create thousands of jobs, and Australia of all countries has the resources to invest heavily in solar, wind, geothermal, and wave technology.
Various sources (I won’t list them here, check them out) are saying that Australia could be powered entirely from renewable energy. If you take solar alone, there are few, if any, countries in the world with the amount of sunshine that we have. Why aren’t our journalists talking more about this? The only one I have noticed who has said anything recently is Jill Singer in this article in the Herald Sun.
To me this shows again how crucial it is for grassroots movements like GetUp, and many others made up of people like you and me, to pressure our Governments like there is no tomorrow. Because if we don’t, there just might not be any tomorrow for our children.