Greenhouse Gas Pollution Sees Fastest Rise
From The Scientific American
Despite some recent regional reductions in greenhouse gas emissions in the United States and other industrial nations, the total concentration of greenhouse gases in the atmosphere continues its upward march at an unprecedented rate, the World Meteorological Organization has announced.
Stand by for the ‘megadroughts’, scientists warn
From The Independent, UK
Climate change is set to unleash a series of decades-long “megadroughts” this century, according to new research. Experts warn the droughts could be even more severe than the prolonged water shortage currently afflicting California, where residents have resorted to stealing from fire hydrants amid mass crop failures and regular wildfires.
Low Oil Prices: Sign of a Debt Bubble Collapse, Leading to the End of Oil Supply?
By Gail Tverberg, Our Finite World
Oil and other commodity prices have recently been dropping. Is this good news, or bad? I would argue that falling commodity prices are bad news. It likely means that the debt bubble which has been holding up the world economy for a very long–since World War II, at least–is failing to expand sufficiently. If the debt bubble collapses, we will be in huge difficulty.
Saudi Arabia Aims For Nuclear Power Within 20 Years
To help address its energy needs, last week Saudi Arabia announced plans to incentivize both private and public investments in energy sources other than oil. Within 20 years, the Saudi Royal Family aims to invest $80 billion and $240 billion so that nuclear and solar, respectively, will each provide 15 percent of the Kingdom’s power needs. The transition is intended to happen quickly, with the first nuclear reactor expected to come online in only eight years.
Fossil Fuel Development in the Arctic is a Bad Investment
By Emily E. Adams, Earth Policy Institute
The world has become blinded by oil and gas as the familiar ways to run the economy and so is proceeding to look for them in hard-to-reach places like the Arctic, even as the costs mount and the returns diminish. An example of the world being set in its ways was the announcement on August 28th that Royal Dutch Shell, despite many setbacks in recent years, submitted plans to the U.S. government to again drill for oil offshore of Alaska as early as summer 2015.
The Peak Oil Crisis: It‘s All Around Us
By Tom Whipple, Falls Church News-Press
If we step back and acknowledge that the shale oil phenomenon will be over in a couple of years and that oil production is dropping in the rest of the world, then we have to expect that the remainder of the peak oil story will play out shortly. The impact of shrinking global oil production, which is been on hold for nearly a decade, will appear.
Is Narendra Modi a climate sceptic?
From The Guardian
India’s prime minister, Narendra Modi, reportedly will be a no-show at the United Nations climate summit this month. Could it be because he does not accept the science behind climate change? Modi used to be a supporter for climate action. But in public remarks on two occasions in the last week, the leader of one of the fastest growing – and biggest emitting – economies appeared to express doubt about whether climate change was even occurring.
World population to hit 11bn in 2100 – with 70% chance of continuous rise
From The Guardian
The world’s population is now odds-on to swell ever-higher for the rest of the century, posing grave challenges for food supplies, healthcare and social cohesion. A ground-breaking analysis released on Thursday shows there is a 70% chance that the number of people on the planet will rise continuously from 7bn today to 11bn in 2100.
Earth Overshoot Day
By Lyla Bavadam, The Frontline
August 19 was Earth Overshoot Day: an estimate of the moment in a 12-month period when humans have consumed more natural resources than the biosphere can replace and created more waste than it can absorb. To put it simply, in less than eight months of 2014, the annual supply of land, water and trees and the planet’s ability to deal with waste products, including carbon dioxide, have been used up. This means that humanity is already living off next year’s supplies, which in turn means that next year’s supplies will end even sooner than this year’s. No wonder Earth Overshoot Day is also called Ecological Debt Day.
There’s a lot more to Transition than community gardens
By Rob Hopkins, Resilience.org
Community gardens can give people a sense of “can do” that no amount of reading articles advocating “radical politics, confronting capitalism, fundamental structural change and “revolution”” can. We need a new language to communicate this stuff. That’s what Transition does. We need to speak to peoples’ values, of community, of family, of the things they love, of place, of possibility, of things their children love and value.
Posted by Peak Oil India in Climate Change, India, News, Peak Oil, Population, Transition and tagged aging, Arctic drilling, Climate Change, commodity markets, Earth Overshoot Day, Gail Tverberg, greenhouse gases, India, megadroughts, Narendra Modi, peak oil, population, Rob Hopkins, Saudi Arabia, Tom Whipple, transition movement