Loading ...
Sorry, an error occurred while loading the content.

Oil Projections

Expand Messages
  • Richard Risemberg
    Good article from the Guardian. Sadly, it s only after a long disquisition on how we must invest to extract ever more oil over the next forty years that they
    Message 1 of 1 , Nov 12, 2008
    • 0 Attachment
      Good article from the Guardian.

      Sadly, it's only after a long disquisition on how we must invest to
      extract ever more oil over the next forty years that they throw in
      these chilling paragraphs on global warming and energy efficiency:

      > the IEA calls for a dramatic shift towards "greener" energy to
      > prevent global warming, saying that, on unchanged policies, the
      > average temperature will rise 6°C by the end of the century. That
      > is triple the maximum increase sought by the EU in its climate
      > change policies.
      >
      > It says that, on current trends, greenhouse gas emissions will rise
      > by 45% to 41 gigatonnes (Gt) in 2030, with three-quarters of the
      > increase coming from China, India and the Middle East as
      > urbanisation there grows exponentially.
      >
      > In its most ambitious scenario for cutting emissions and limiting
      > the global temperature rise to 2°C, it says hundreds of millions of
      > homes and businesses will have to change the way they use energy.
      >
      > OECD countries will have to cut emissions by 40% from 2006 levels
      > by 2030 while emerging economies will have to limit emissions
      > growth to 20%.
      >

      Full article:

      http://www.guardian.co.uk/business/2008/nov/12/oil-gas-companies-
      credit-crunch

      Rick
      --
      Richard Risemberg
      http://www.bicyclefixation.com
      http://www.newcolonist.com
      http://www.rickrise.com







      [Non-text portions of this message have been removed]
    Your message has been successfully submitted and would be delivered to recipients shortly.