Let’s face it, the biggest challenges of today’s society are:
– waste always flowing towards the cheapest holes leaking uncontrolled into the waters of our planet ending up in oceans where it poisons the food-chain of all livelihoods
– mankind’s insatiable hunger for energy needed for higher quality of life, hygiene & education (building Human Capital) causing increased differences between wealthy and poor societies
– the inability to share and store secondary exergy economically relativizing all forms of renewable electricity from wind, solar nor not so new, from hydro also
– smartly managing ubiquitously satisfiable electricity demand with pervasive security of supply making systems ever more complex and expensive
– excessive natural and geological resources’ over-usage assuming abundant availability to an ever growing number of population from a finite composition of our planet
– general preference for greed driven exploitation of all and everything deeming available over exploring opportunities for balancing give and take between Nature and mankind as well among its living and future descending generations
Having come from semiconductor physics, Moor’s Law had been a tough vocation to live by, but knowing the mechanisms of it, I dare opposing against extrapolation of it’s undifferentiated applicability to other areas. Nevertheless it provided for future generations to have to comply with computational knowledge working skill standards globally required in order to successfully stay on top of robots’ invasion into our value adding chains. And key to fulfill such qualifications is superior mathematical skills. Looking at the last three decades secondary education standards in the US and Western Europe gives reasons for concern. The US having developed from a historical immigration culture has been able to compensate its deficit in that field on its academic level but will still be vulnerable at the general working population’s mathematical qualifications. Europe with the exception of Bulgaria and France doesn’t even have sufficient mathematical capacities on the academic level which lets me expect a lot of victims from digitalization. But watch out for Russia!
A great definition of freedom in my view has always been to be allowed do anything that wouldn’t be to the burden of anyone else. Greed of course has blinded most exploiters for such senses for balance. Looking at the preparation of our children’s life and the state of our planet I’m afraid there would be a lot to confess. Free trade had originally been promoted for enabling a broader distribution of wealth across the globe. But looking at international trade balances and economies’ differences in prosperity mostly reflected in youth’s unemployment rates, something seems wrong. As a life-long entrepreneur I only know that investments are a condition precedent for employment. But without a mechanism requiring trade surplus owners to invest a certain part of their surplus in the countries suffering the deficits, it becomes an unfair exploitation. If happening within one and the same Economic Union, as has happened to Greece, it is even more dramatic and all bale out measures taken so far are inadequate to remedy the situation. Equally as the application of a solidarity among all members becomes cynical if not weighed by the measure of trade balance correlations. Above and beyond a foreign direct investment obligation by the economically more successful parties would enforce real job and value creations rather than just providing interest loaded loans.
Clean Energy is quite sophisticated Technology today. It addresses one “ground in repair” but is definitively not able to mitigate Climate Change alone. It may be an appealing option for countries having no fossil resources of their own and a good strategy to bring electricity to so far not supplied distributed areas. It is already taken up by oil exporting countries because considered a safer lower risk investment than finding and developing new oil reserves. But however good the Technologies might still become, they shouldn’t mislead from needing to start diligent management of Terrestrial Carbon, consummated at about 1.6 times the rate of fossil Carbon from organic residues, soil and refining mined carbonates. If not, CO2 accession rates by photosynthesis will decline and further reduce the planet’s water storage capabilities endangering food and feed security, irrespective of what form of energy powers us. Not reusing Terrestrial Carbon therefore mankind’s is most crucial delinquency. But the good news is, if done effectively it’s even financially self-sustainable.