Cost of Permafrost Melting conservatively estimated at $43 Trillion over the next two centuries

Re-posted from The Washington Post.  To read the full article, go to this link. Scientists estimate that Arctic permafrost could contain 1,700 gigatons (which is equal to 1.7 trillion tons) of carbon. The release of some of this carbon, even gradually, could have dramatic consequences for the climate, leading to an acceleration in global climate change, more warming in the Arctic, and …

Nearly half of the world’s top 100 global companies are trying to subvert climate policies by lobbying, advertising, and influence-peddling but BP tops the list in Europe

Re-posted from The Guardian Company emerges as Europe’s worst climate policy wrecker, according to a new table ranking firms by their records on lobbying and opposition Nearly half of the world’s top 100 global companies are trying to subvert climate policies by lobbying, advertising, and influence-peddling, said the UK-based non-profit, Influence Map. But while all the major fossil fuel firms …

Exxon Confirmed Global Warming Consensus in 1982, but then campaigned to stop global action to reduce fossil fuel emissions

By Lisa Song, Neela Banerjee, David Hasemyer, Sep 22, 2015 In 1982, Exxon scientist Andrew Callegari put together a presentation on Exxon modeling results including the chart pictured here. Steve Knisely was an intern at Exxon Research and Engineering in the summer of 1979 when a vice president asked him to analyze how global warming might affect fuel use.  “I think …

Massachusetts Thinks They Can Copy Denmark’s Progress

Massachusetts legislators are talking about learning from Denmark’s progress. Denmark has set a target of becoming independent from fossil fuels by 2050, and is on track to generate one-third of its power from clean energy – such as wind and biomass – by 2020. According to the Danish government, the use of renewable energy rose from 3 percent in 1980 …

Breaking the Class Ceiling

lifting the Class Ceiling must be our first target. The wealth and income gap. As Sen. Sanders notes, since 1985, the share of wealth owned by the bottom 90 percent in the U.S. has plummeted from 36 percent to 23 percent, a loss that equates to over $10 trillion, nearly all of it going to a tiny sliver of the …

Corporate Power and Disregard for People and the Future Evident in Ongoing Government Support of Fossil Fuels

According to a new report released on Monday by the Organization for Economic Cooperation and Development (OECD)—a global forum on economic policy—the world’s richest nations spend roughly $160-200 billion each year supporting fossil fuel consumption and production. “We’re totally schizophrenic,” said Angel Gurría, secretary-general of the Paris-based organization. “We’re trying to reduce emissions, and we subsidize the consumption of fossil …

Phase Out of Fossil Fuels by 2050 is Possible and Profitable

A new report from Greenpeace says the world can be 100 percent renewable by 2050, and 85 percent renewable in just 15 years.  The 2015 Energy [R]evolution report, the latest in a series that has offered the most accurate projections of any major analysis, worldwide, says that for the first time, the path to 100 percent renewable is cost-neutral. In …

Half of California’s Electricity Will Come from Renewable Energy in 15 Years

Late Friday night, the California State Assembly voted 51-26 to pass SB 350, a landmark bill that would boost renewable energy and make buildings twice as efficient as before. The legislature sent the bill to California Gov. Jerry Brown for his signature, and he is expected to sign it later this month, as the legislation makes real the goals Brown …

Burning all fossil fuels will melt entire Antarctic ice-sheet, raise oceans by 150 ft and flood land inhabited by 1 billion people

Burning all the world’s coal, oil and gas would melt the entire Antarctic ice-sheet and cause the oceans to rise by over 50m, a transformation unprecedented in human history. The conclusion of a new scientific study shows that, over the course of centuries, land currently inhabited by a billion people would be lost below water. “For the first time we …