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Originally Posted by AccyJay
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Hi Accyjay!
While the airline industry contributes considerably to global warming, I doubt that it's a guilt trip. There are many sources of greenhouse gases that contribute and Sir Richard certainly didn't originate the airline industry. I do admire Sir Richard's action. Even though the money is significant, his action probably has greater value in that is will help to focus attention on the issue. Frankly, curtailing greenhouse gases is going to take more than just government action. It's going to take new technology, as well as the actions of many individuals to curtail their own use of fossil feuls.
I've recently contracted to install a large solar photovoltaic array on the roof of my house which will generate the bulk of my electrical needs. Fortunately, I have a large, south-facing, unobstucted roof which makes the whole project work.
Is it a move by a left-leaning fugitive from the 1960s? Nope! While I will be generated many tons less of greenhouse gases, my actions could not be classified as altruistic. I did considerable evaluation and expect that the project will also be a very good investment - roughly a pre-tax equivalent return of 16% on my out-of-pocket outlay, but that outlay will be almost totally offset by increasing the value of my home. I'd like to find other investments with that type of return!
I've also been replacing incandescent lighting with more efficient options and walking to the supermarket on many occasions (about 2 miles each way - which I hope will also pay back in terms of fitness and good health).
I've looked at some of the scientific studies on global warming and talked with a number of scientists. The vast bulk of the evidence indicates that we must stop dragging our feet.