ExxonMobil's chief pretends it's still yesterday for fossil fuels
Okay. What do you expect from a 60-year-old guy who joined Exxon practically the same day he graduated from college and steadily rose through the ranks until six years ago he became CEO and president of the whole shebang, which is now merged into the largest corporation in the known universe, ExxonMobil? Not exactly a fellow to be found on the ... (more)
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#1 Mar 8, 2013
You read it here: "This paper throws down the gauntlet by showing that Earth is on its way to being warmer," said David M. Anderson, who heads the paleoclimatology program at the U.S. National Oceanic and Atmospheric Administration and who wasn't involved in the study. "By 2100, it will be a heck of a lot warmer than it was 11,000 years ago."
"It's a weakness to look at the world 11,000 years ago, because those were sunlight-driven changes and not CO2-driven changes," Dr. Anderson said. Sunlight-related changes are gradual and vary across different parts of the globe; greenhouse-gas emissions trigger warming everywhere.
#2 Mar 8, 2013
What would serious steps entail?
According to the Meinshausen paper, up to 80 per cent of our known reserve of fossil fuels will have to stay in the ground.
The carbon budget implied by the 2 C limit, Jaccard wrote,means that we cannot be making new investments that expand the carbon polluting infrastructure.
This means no expansion of oilsands, no new pipelines (like Keystone and Northern Gateway) and no expansion of coal mines and coal ports.
This does not mean shutting down the oilsands. It does not mean shutting coal mines. These will continue to operate for decades. But you cannot be expanding carbon polluting production and also prevent 2 C or even 4 C temperature increase. The industry knows this, but prefers its ads telling us about the jobs and revenue from expanding the polluting infrastructure.
But the remedies needed, Rees suggested, might have to be even more draconian than that.
Even the International Energy Agency and the World Bank have recently conceded that even if present agreed-upon policies were implemented, the world is likely headed to four Celsius degrees warming by the end of the century. This would render much of the most heavily populated parts of the earth uninhabitable ...
Read more: http://www.vancouversun.com/technology/Pete+M ...
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