A bit dated this article might be, but it will be relevant until we overcome the tragedy that is staring us in the face. At the expense of sounding like a broken record, I will once again talk about global warming and the urgency of taking steps to combat this phenomenon.
Elinor Ostrom, a political scientist, won the Nobel Prize for Economics recently. The Royal Swedish Academy of Sciences recognized her "for her analysis of economic governance," saying her work had demonstrated how common property could be successfully managed by groups using it thus debunking the tragedy of commons. Each of us working in groups can compromise for the conservation and thereby the rejuvenation of resources.
Renewable energies are getting cheaper by the day. The problem so far has been that coal was extremely cheap to use compared to the energy obtained through Solar and Wind technologies. In Jan 2009, First Solar announced that they had beaten the industry milestone of $1 per watt of solar energy. Compared to the prices per watt of coal this is still expensive. While the renewable energy companies work on the innovation, we can lend a hand by driving demand. It has always been the case that demand leads to innovation. Kinda like necessity and invention.
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