UN Climate Report: We Must Focus On 'Decarbonization', and It Won't Wreck the Economy - "The basic message is simple: We share a planet. Let's start acting like it." [more inside]
There is another bubble. Before it's burned, Coal, Oil and Gas sit for years on the balance sheets of private (and national) resource companies, as "known reserve" assets. Assets that, someday, will become revenues. Or will they? And if they won't, what will the balance sheets of ExxonMobil, Chevron, BP, Petrochina, and Gazprom actually look like? [more inside]
"Speaking for many scientists and engineers who have looked carefully and independently at the science of climate, we have a message to any candidate for public office: There is no compelling scientific argument for drastic action to "decarbonize" the world's economy. Even if one accepts the inflated climate forecasts of the IPCC, aggressive greenhouse-gas control policies are not justified economically." Link. [more inside]
Canada is planning to withdraw from the Kyoto treaty. CBC, BBC, AFP. The Herald Sun claims that this is to allow shale sands oil extraction.
Get the Energy Sector off the Dole - Why ending all government subsidies for fuel production will lead to a cleaner energy future—and why Obama has a rare chance to make it happen.
With the climate bill dead and blame portioned, Ezra Klein asks what happens when congress fails? He concludes that "regulations to reduce carbon emissions are alive and well. The Environmental Protection Agency can attack carbon as a pollutant, and the Obama administration's announcement that efforts to hamstring the EPA will be vetoed suggests that they mean to do exactly that." [more inside]
potholer54 is a youtuber who in his own words; I've been a journalist for 20 years, 14 years as a science correspondent. My degree is in geology, but while working for a science magazine and several science programs I had to tackle a number of different fields, from quantum physics to microbiology. He has a series called Climate Change that you might find interesting. [more inside]
Global warming -- the upside: the entrepreneurs poised to make millions from new ports and shipping lanes in the formerly ice-bound Arctic circle. A fascinating New York Times article on the international land-grab following the news (reported here, discussed here, whitewashed here, et. al.) that the polar ice caps and Siberian permafrost are melting. Goodbye Gulf Stream, hello Club Med Santa-style -- first SUV to the North Pole wins!