News update

How Climate Change is Going To Affect India
By Nidhi Jamwal, Yahoo India
A new set of reports by UN’s Intergovernmental Panel on Climate Change point to the rising incidence of freak weather occurrences, and the very real impact of these on our lives. Of course we’ve all heard of global warming, but here’s how it affects us directly in India, and here’s why you should care.

IPCC reports diluted under political pressure to protect fossil fuel interests
By Nafeez Ahmed, The Guardian
Increasing evidence is emerging that the policy summaries on climate impacts and mitigation by the UN Intergovernment Panel on Climate Change (IPCC) were significantly diluted under political pressure from some of the worlds biggest greenhouse gas emitters, including Saudi Arabia, China, Brazil and the United States.

Is Climate Change a Crime Against Humanity?
By Tom Engelhardt, TomDispatch.com
Thanks to a grim report in 2013 from the Intergovernmental Panel on Climate Change, we know that there is now a 95%-100% likelihood that “human influence has been the dominant cause of the observed warming [of the planet] since the mid-20th century.” We know as well that the warming of the planet thanks to the fossil fuel system we live by and the greenhouse gases it deposits in the atmosphere is already doing real damage to our world.

US Gov’t Slashes California Oil Estimate by Over 95%
By Post Carbon Institute
The U.S. Energy Information Administration (EIA) has drastically reduced its estimate of recoverable oil in California’s Monterey shale formation from 13.7 billion barrels to just 0.6 billion barrels—a reduction of over 95%. The downgrade puts a question mark over hydraulic fracturing (“fracking”) and other forms of well stimulation-enabled oil development, which has been touted as the harbingers of a new oil boom.

Addicted to oil
By Dawn Stover, Bulletin of the Atomic Scientists
Instead of looking to scientists, politicians, and economists for ideas about how to address the climate crisis, maybe it’s time to turn to mental health professionals. They’re the experts on why people engage in self-destructive behaviors, and on what can help addicts break these bad habits.

Historic Sino-Russia Deal Bypasses US Dollar
By Farooque Chowdhury, Countercurrents.org
In a symbolic, but historic blow to the hegemony of US dollar, China and Russia have concluded an agreement with far-reaching significance. The deal bypasses US dollar in part of the two emerging powers’ trade. According to the agreement, two financial institutions of the two countries will pay each other in domestic currencies. However, major western news agencies and media outlets have ignored the news.

The Peak Oil Crisis: Parsing 2014
By Tom Whipple, Falls Church News-Press
Within the next few years, we are likely to see drops in conventional production as the pace for exploring and developing new oil fields contracts. On top of the geologic problems, the political situation in several oil producing countries seem likely to get worse before the year is out. We have already lost substantial oil production from Syria, Egypt, Yemen, South Sudan, and Iran.

Nuclear energy not economically viable
From Forbes.com
Nuclear power is no longer an economically viable source of new energy in the United States, the freshly-retired CEO of Exelon, America’s largest producer of nuclear power, has said. And it won’t become economically viable, he said, for the foreseeable future.

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