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The problem is coordination of a Public solution where the will to act lacks a political majority or super majority. The opportunity is the most progressive eig
by stillsut 8y ago
The problem is coordination of a Public solution where the will to act lacks a political majority or super majority. The opportunity is the most progressive eighth of the first world really wants to address it.
Then the solution is a Private sector one - for this high net worth eighth of the population to invest the vast majority of their savings portfolio into green energy sector. But this would be even more effective if we made investments outflows less possible, so we should create a hedge fund that would require around one decade of a commitment period. This will supercharge R&D into this sector leading to better solutions, maybe one a political majority will support.
It does seem risky to tie your personal finances to the progress of green energy, but since the climate threat is already the greatest risk of all, it seems a worthy swap. And since it seems like green energy is a "no-brainer" / inevitability, then the investment is almost a sure thing to pay off in the long run. So in the end you'll not only help the planet but help yourself.