Cheap, fast better: how we will win climate war, 2024. Tom Stere. Spiegel & Grau.
In Cheap faster is betterTom Stere, Galvaniz Climate Solutions co-tasting chairman and co-founder of Farlan Capital, shares his story and highlights the innovative work of other climatic leaders in clean-energy infections. He shows us how capitalism can be used to increase climate progress and we can all be called to help stabilizing our planet. Green technology, such as solar panels, green concrete, green steel and green hydrogen, are becoming rapid cleaner and cheaper, again shaping the future of our planet has never been more important.
Stere reminds us that natural disasters are disastrous for economies. The cost of reconstruction in tolls (carried by taxpayers), the cost of small businesses, the cost of insurance for home owners and employees (or inability to buy insurance at any cost), the income loss of those who are to reduce their hours due to rising temperature, and human inappropriate and death. During the 2000s, the United States experienced seven disasters on an average per year, from which it cost $ 1 billion or more to recover. During 2010, the number reached thirteen billion-dollar disasters per year, and it has increased even more during the 2020s.
Reducing carbon pollution to achieve net zero can begin with the “Five Plus One” approach of the step. The five areas in which we will need to cut our emissions are power generation, transport, manufacturing, agriculture and buildings. As a real estate practitioner, I found their details practical on buildings. Since most of the buildings are leaked, we need to ensure that what we are making today is a net-girron emission. Since 80% of developed buildings in developed economies will still be used in 2050, it is not enough to focus on new construction. We need to retreat old buildings so that they ruin low energy and spend less money to their owners in this process. Plus is a sequestration, which removes greenhouse gas from air directly by techniques such as capture in the air. Natural solutions, such as trees or kelp beds that absorb carbon, can also have a well -useful strategy.
Stare, a capitalist, fundamentally disagree with the basis behind the two versions of “Green Premium”, which believes that people will make additional payments for products that are good for the planet, either out of kindness or in recognition of outsiders. I agree with their feelings that in a competitive world, selling more expensive products for any reason, does not work and will not be on scale. To achieve net zero, the whole world will need to be removed from fossil fuels, which will make clean energy and clintech at least expensive options. These green industries will need to compete at the sticker price. For example, the cost of solar panels has fallen to 99% since 1977. The roof solar is not only a cleaner than the traditional power, but now it is also cheaper. The price gap is almost certain to grow because prices for new technologies go down much faster than prices for things that have been around forever.
Environment justice is another reason that we should care about reducing carbon emissions, and I am encouraged that Stare emphasized this point at the end of the book. Poor countries will bear an odd burden of the influence of climate change. In addition, in the United States, marginalized communities, such as coal miners in Apalachia, suffer the most from pollution related to oil and gas, even their members are often able to protect themselves from the effects of climate change. It is right to address these inequalities.
Summary, Cheap faster is better Clean energy provides practical insights including steps for transition in the economy. The new technique is important for this infection, but once it breaks, it can be cheap, faster and better, providing a better deal for people.
