[MCN] Climate crisis didn't stop when COPID crisis started
Lance Olsen
lance at wildrockies.org
Fri May 15 08:37:22 EDT 2020
One Crisis Doesn’t Stop Because Another Starts <https://news.google.com/articles/CAIiEL0LANo9UsYGvzR09dTHFLsqGQgEKhAIACoHCAowjMqjCjCJhZwBMKHUywM?hl=en-US&gl=US&ceid=US%3Aen>
While the curve of coronavirus cases appears to be slowing, the endless rises of temperature and carbon-dioxide concentration have shown no such mercy.
The New Yorker <https://news.google.com/publications/CAAqBwgKMIzKowowiYWcAQ?hl=en-US&gl=US&ceid=US%3Aen>
Yesterday
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“The effects of climate change will be ‘severe, pervasive and irreversible’ within the next few decades if countries burn more than just one-quarter of the fossil fuel reserves already found, according to a major new U.N. draft report”
“It warns that companies and governments have ‘identified reserves of these [fossil] fuels at least four times larger than could safely be burned if global warming is to be kept to a tolerable level.’ In short, 75 percent of the fossil fuels must remain in the ground to forestall devastating impacts.“
Newsweek Aug 26,2014
<<http://www.newsweek.com/leaked-un-report-climate-change-impacts-already-inevitable-may-soon-be-irreversible-266860>>
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“I believe humanity is making risky bets in the climate casino. …. But it is always possible that humanity will wake up .... If that happened, fossil fuel reserves would indeed be stranded. Investors beware: the risk of that cannot be zero.”
Martin Wolf. A climate fix would ruin investors.
Financial Times. June 17, 2014
<<http://www.ft.com/intl/cms/s/0/5a2356a4-f58e-11e3-afd3-00144feabdc0.html#axzz3C5hyxJyx>>
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