New energy, new conservation will cost us a tiny fraction of the cost of not acting.

One of the real benefits about being part of the Post carbon Institute is the credibility it confers when we respond to irresponsible journalism. The article in question is the lead editorial in today's The Intelligencer (wwwphillyburbs/intel.com). The following was my response. I hope they print it, though at 469 words it's a bit long. They've printed longer.

RESPONSE TO INTELLIGENCER EDITORIAL SUNDAY MAY 11, 2008
New energy, new conservation will cost us a tiny fraction of the cost of not acting.

The lead editorial in the May 11, Sunday edition of the Intelligencer, "Nothing's for free: new energy, new conservation will cost us", takes issue with Governor Rendell's assertion that his $850 million Green Jobs, Energy Independence Strategy (SS HB-1) will not cost the taxpayers. This "straw man" debate ignores the real and very deadly issue of the costs of continued inaction to the economy of Pennsylvania, the nation, and the world.

The proven truth is that every dollar invested in energy conservation and renewable energy has been repeatedly shown to return $4 to $10 or more in savings and benefits to taxpayers. As a trained energy auditor I see proof of that every day. Merely eliminating inefficient use and the ubiquitous waste of energy can save taxpayers billions of dollars.

Instead of haggling over what such programs will initially cost, and what they might return a little later, we do much better to look at the cost of inaction. The best work on that was the Review completed in October 2006 by Sir Nicholas Stern, head of the (UK) Government Economic Service.

"..the Review estimates that if we don’t act, the overall costs and risks of climate change will be equivalent to losing at least 5% of global GDP each year, now and forever. If a wider range of risks and impacts is taken into account, the estimates of damage could rise to 20% of GDP or more."

The editorial implies that the Governor's claim that his proposals won't cost the taxpayer anything is "nuts". What is really insane is Pennsylvania's continued failure to take meaningful local action to address global climate change. And since Pennsylvania is the third worst CO2 emitter in the United States, and twentieth worst emitter of any political jurisdiction in the world we have a lot of catching up to do. An $850 million down payment on long overdue action is chickenfeed when compared to the alternative. The possibility of inaction costing 20% of Pennsylvania's GDP "now and forever" is the real risk and the real benchmark to watch. And it's a cost our children would pay.

And that is just the financial risk. What about the secondary costs? The report concludes: "Our actions now and over the coming decades could create risks of major disruption to economic and social activity, on a scale similar to those associated with the great wars and the depression of the first half of the 20th century. And it will be difficult or impossible to reverse these changes."

Is that the legacy we want to leave our children and grandchildren? Is this how our generation wants to be remembered? To deny that this could happen is the greatest insanity of all.

Larry Menkes: Coordinator
ECLA PA (a Relocalization chapter of the Post Carbon Institute)
(215) 328-9128 home 267.992.8020 cell
Sustainability advisor to the Ivyland Foundation for Historical and Architectural Preservation
Bucks County Environmental Stewardship Council
Delaware Valley Green Building Council Residential Working Group

Comments

Scott Priestley's picture

Re: New energy, new conservation will cost us a tiny fraction of

Larry,

Nicely written. I hope it is published.
Scott
On May 11, 2008, at 10:47 PM, Larry Menkes wrote:

One of the real benefits about being part of the Post carbon Institute is the credibility it confers when we respond to irresponsible journalism. The article in question is the lead editorial in today's The Intelligencer (wwwphillyburbs/intel.com). The following was my response. I hope they print it, though at 469 words it's a bit long. They've printed longer.

RESPONSE TO INTELLIGENCER EDITORIAL SUNDAY MAY 11, 2008
New energy, new conservation will cost us a tiny fraction of the cost of not acting.

The lead editorial in the May 11, Sunday edition of the Intelligencer, "Nothing's for free: new energy, new conservation will cost us", takes issue with Governor Rendell's assertion that his $850 million Green Jobs, Energy Independence Strategy (SS HB-1) will not cost the taxpayers. This "straw man" debate ignores the real and very deadly issue of the costs of continued inaction to the economy of Pennsylvania, the nation, and the world.

The proven truth is that every dollar invested in energy conservation and renewable energy has been repeatedly shown to return $4 to $10 or more in savings and benefits to taxpayers. As a trained energy auditor I see proof of that every day. Merely eliminating inefficient use and the ubiquitous waste of energy can save taxpayers billions of dollars.

Instead of haggling over what such programs will initially cost, and what they might return a little later, we do much better to look at the cost of inaction. The best work on that was the Review completed in October 2006 by Sir Nicholas Stern, head of the (UK) Government Economic Service.

"..the Review estimates that if we don’t act, the overall costs and risks of climate change will be equivalent to losing at least 5% of global GDP each year, now and forever. If a wider range of risks and impacts is taken into account, the estimates of damage could rise to 20% of GDP or more."

The editorial implies that the Governor's claim that his proposals won't cost the taxpayer anything is "nuts". What is really insane is Pennsylvania's continued failure to take meaningful local action to address global climate change. And since Pennsylvania is the third worst CO2 emitter in the United States, and twentieth worst emitter of any political jurisdiction in the world we have a lot of catching up to do. An $850 million down payment on long overdue action is chickenfeed when compared to the alternative. The possibility of inaction costing 20% of Pennsylvania's GDP "now and forever" is the real risk and the real benchmark to watch. And it's a cost our children would pay.

And that is just the financial risk. What about the secondary costs? The report concludes: "Our actions now and over the coming decades could create risks of major disruption to economic and social activity, on a scale similar to those associated with the great wars and the depression of the first half of the 20th century. And it will be difficult or impossible to reverse these changes."

Is that the legacy we want to leave our children and grandchildren? Is this how our generation wants to be remembered? To deny that this could happen is the greatest insanity of all.

Larry Menkes: Coordinator
ECLA PA (a Relocalization chapter of the Post Carbon Institute)
(215) 328-9128 home 267.992.8020 cell
Sustainability advisor to the Ivyland Foundation for Historical and Architectural Preservation
Bucks County Environmental Stewardship Council
Delaware Valley Green Building Council Residential Working Group


aangel's picture

Re: New energy, new conservation will cost us a tiny fraction

Larry,

were you considering peak oil when you wrote this letter? It seems that it doesn't play a role. 
----------------------------------------------------
André Angelantoni
Inspiring Green Leadership
Peak Oil, Climate Change and Business, Free Executive Briefing
"... very motivating...A very powerful presentation." - Sun Microsystems
"...fascinating, brilliant and important..." - Tim Black, Director, Marie Stopes International




On May 11, 2008, at 7:47 PM, Larry Menkes wrote:


One of the real benefits about being part of the Post carbon Institute is the credibility it confers when we respond to irresponsible journalism. The article in question is the lead editorial in today's The Intelligencer (wwwphillyburbs/intel.com). The following was my response. I hope they print it, though at 469 words it's a bit long. They've printed longer.

RESPONSE TO INTELLIGENCER EDITORIAL SUNDAY MAY 11, 2008
New energy, new conservation will cost us a tiny fraction of the cost of not acting.

The lead editorial in the May 11, Sunday edition of the Intelligencer, "Nothing's for free: new energy, new conservation will cost us", takes issue with Governor Rendell's assertion that his $850 million Green Jobs, Energy Independence Strategy (SS HB-1) will not cost the taxpayers. This "straw man" debate ignores the real and very deadly issue of the costs of continued inaction to the economy of Pennsylvania, the nation, and the world.

The proven truth is that every dollar invested in energy conservation and renewable energy has been repeatedly shown to return $4 to $10 or more in savings and benefits to taxpayers. As a trained energy auditor I see proof of that every day. Merely eliminating inefficient use and the ubiquitous waste of energy can save taxpayers billions of dollars.

Instead of haggling over what such programs will initially cost, and what they might return a little later, we do much better to look at the cost of inaction. The best work on that was the Review completed in October 2006 by Sir Nicholas Stern, head of the (UK) Government Economic Service.

"..the Review estimates that if we don’t act, the overall costs and risks of climate change will be equivalent to losing at least 5% of global GDP each year, now and forever. If a wider range of risks and impacts is taken into account, the estimates of damage could rise to 20% of GDP or more."

The editorial implies that the Governor's claim that his proposals won't cost the taxpayer anything is "nuts". What is really insane is Pennsylvania's continued failure to take meaningful local action to address global climate change. And since Pennsylvania is the third worst CO2 emitter in the United States, and twentieth worst emitter of any political jurisdiction in the world we have a lot of catching up to do. An $850 million down payment on long overdue action is chickenfeed when compared to the alternative. The possibility of inaction costing 20% of Pennsylvania's GDP "now and forever" is the real risk and the real benchmark to watch. And it's a cost our children would pay.

And that is just the financial risk. What about the secondary costs? The report concludes: "Our actions now and over the coming decades could create risks of major disruption to economic and social activity, on a scale similar to those associated with the great wars and the depression of the first half of the 20th century. And it will be difficult or impossible to reverse these changes."

Is that the legacy we want to leave our children and grandchildren? Is this how our generation wants to be remembered? To deny that this could happen is the greatest insanity of all.

Larry Menkes: Coordinator
ECLA PA (a Relocalization chapter of the Post Carbon Institute)
(215) 328-9128 home 267.992.8020 cell
Sustainability advisor to the Ivyland Foundation for Historical and Architectural Preservation
Bucks County Environmental Stewardship Council
Delaware Valley Green Building Council Residential Working Group