BOOM: Oil Price Collapse and why it is Important

I recently mentioned, get out of fossil energy while you still can, when the price for crude was at $64.82. Though, today it has approached $55.84, with many oil guys loosing a fortune, oil billionaire Hamm lost half his fortune in three months. And the New York Times noted, free fall in oil price underscores shift…

UN official calls fossil fuels ‘high-risk’ investment Lima 2014 UNFCCC #TurningPoint #COP20

Christiana Figueres responds to journalists, selected parts from the Lima Climate Change Conference – press briefing, December 1st, 2014. Source: UNFCCC Executive Secretary and COP20/CMP10 President http://unfccc6.meta-fusion.com/cop20/events/2014-12-01-16-30-united-nations-framework-convention-on-climate-change/unfccc-executive-secretary-and-cop20-cmp10-president Related Climate Change 2014: Mitigation of Climate Change IPCC Working Group III Contribution to AR5 http://mitigation2014.org/ UN official calls fossil fuels ‘high-risk’ investment http://thehill.com/policy/energy-environment/225686-un-official-calls-fossil-fuels-high-risk-investment Oil Investors May Be…

Memo: Get out of fossil energy while you still can

Last Thursday’s OPEC meeting in Vienna was considered as the most important in years, which resulted in the collapse of the oil price, which still continues. Greg Muttitt noted that same day: After three years of holding steady around $110 a barrel, oil had dropped below $80. Within minutes of their decision, the price fell by another $5.…

Leonardo DiCaprio warns UN about Global Warming

Leonardo DiCaprio addressed the UN Climate Summit today in his new role as U.N. Messenger of Peace. The time to answer the greatest challenge of our existence on this planet is now. Related Leonardo DiCaprio at the UN: ‘Climate change is not hysteria – it’s a fact’ Leonardo DiCaprio Addresses UN Climate Summit: ‘You Can…

Stefan Rahmstorf: The critical threshold, the “tipping point” in West Antarctica has now passed

Recently the ClimateState staff, interviewed Stefan Rahmstorf, Head of Earth System Analysis, at the Potsdam Institute for Climate Impact Research (PIK). Robert Bristow: To get CO2 emissions under control – do you think some form of geoengineering (i.e CO2 scrubbing) will be desirable? Stefan Rahmstorf: The term geoengineering or climate engineering, encompasses a wide range…

Study: 2°C target at risk, without moving subsidies (Updated)

The study, Energy investments under climate policy: A comparison of global models, published in the journal Climate Change Economics (DOI: 10.1142/S2010007813400101 | 2013) explored global energy spending and concluded that low-carbon energy and energy efficiency investments of about 1.1 trillion annually are required, to meet the emissions reduction targets to keep the world below 2°C. In context, additional $0.8…

Why is there no Manhattan Project to Tackle Climate Change?

We must overcome short-termism, inconvenient truths and cuts to R&D and find the Brunels of low carbon technology By Tom Delay (The Carbon Trust): Here’s a thought. If necessity is the motherhood of invention how come we are so far away from the wholesale deployment of low carbon energy technologies that can redeem humanity from…

World’s Greatest Crime Against Humanity And Nature

By James Hansen: As I peer through Beijing’s impenetrable smog I feel nauseous. I have long been troubled by the injustice of human – made climate change to our children and grandchildren, which may soon constitute a tragedy of epic proportions. Now I stare in the face of another tragedy. Air pollution from coal kills over…