To the editor:
Re: “Energy moratoria a looming threat to North Shore businesses,” (Letters to the editor, June 25):
If you’re writing a letter to the editor, especially if you’re the president of the local Chamber of Commerce, it’s a good idea to know something about the subject you’re writing about.
The “looming threat” letter says it’s “hard to understand why natural gas has become the enemy of clean energy.” It’s because natural gas emits methane, an extremely powerful greenhouse gas that makes its pollution as bad as coal (nature.org, phys.org).
We have only a decade left to cut our greenhouse gas emissions at least 50% if we’re going to have any chance of preventing “catastrophic” climate change (National Academy of Sciences) that would cost the U.S. economy over $160 trillion (Forbes, April 2019).
Climate disasters have already cost U.S. taxpayers over $1.6 trillion (Forbes, April 2019), and those costs are now escalating rapidly, now regularly hundreds of billions annually (NASA/NOAA). Climate change is the “looming threat.”
Fortunately, a new, detailed version of the Green New Deal’s energy plan shows it can make the emission cuts we’ll need and it can more than pay for itself. The Evergreen Energy plan released by Washington’s Gov. Jay Inslee shows two-thirds of the cost will be paid by private investment (vox.com). The rest will be more than offset by a $500 billion annual increase in U.S. GDP (Intergovernmental Panel on Climate Change). That’s mainly because rapidly scaling up solar and wind will make them “essentially free” by 2030 (Financial Times, UBS, Aug 2018).