Bill Nye, the Climate-Change Guy - WSJ - The Wall Street Journal
Bill Nye, the Climate-Change Guy - WSJ
Nov. 19, 2023 10:34 am ET
In your editorial “ Lucid’s $227,802 EV Loss Leader” (Nov. 10), you refer to an electric-vehicle “industry”—a monolith selling similar products. Lucid’s problems may be that too many investors saw the success of Tesla and figured they could get in on that action.
It turns out it’s not so easy to compete while phasing out a century of pipe-laying and zoning laws that allow a gas station on every corner. Elon Musk points out we have to electrify ground transportation to reduce greenhouse gas emissions as quickly as practicable.
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Related Knowledge Center: Climate economics
Climate change is now a driver of the world’s economy. The impact is profound:
- Catastrophic weather events — hurricanes, floods, droughts, high temperatures — are more frequent and more extreme. The cost can be measured in both the initial damage caused and the longer-term impact on the economy.
- Vulnerable communities are increasing climate-related investments, hardening infrastructure and taking other protective measures.
- Investment in carbon capture and storage technologies is increasingly rapidly.
- Governments are making investments and crafting regulations to reduce emissions of carbon dioxide and other greenhouse gases.
On top of all of this is the cost of uncertainty. As the Fourth National Climate Assessment, released in 2018 by the U.S. Global Change Research Program, says, “The assumption that current and future climate conditions will resemble the recent past is no longer valid.”