Quoting Rush Holt:
We actually can make money by developing new technologies and changing the ways we produce and use energy … So there are a number of reasons for us to act, and really no good reason for us not to …
So it will be hard to explain to future generations, who will pay an even greater price than the current generation from climate change; it will be hard to explain to them the inaction of America and the U.S. Congress.
While I agree with much of what he said, he missed or got confused on a few points. 1) Yes, new technologies can make more money, but there are powerful organizations making huge amounts of money from present technology, and who would be at risk if the new technologies are developed. 2) The majority of companies working to develop and implement new technologies go bankrupt. 3) The average society acts mainly when it’s not comfortable. At present, we are still comfortable with the costs and effects of our present energy technology. Only when the environmental damage and unacceptable costs impact everyone, will they be motivated to find solutions.