a planet straight out of science fiction. As radical goes, demanding that we change our physiology seems right up there. It was highlighted last summer by the Carbon Tracker Initiative, a team of London financial analysts and environmentalists who published a report in an effort to educate investors about the possible risks that climate change poses to their stock portfolios. It is Public Enemy Number One to the survival of our planetary civilization. Once Exxon has to pay for the damage its carbon is doing to the atmosphere, the price of its products would rise. The question is not whether this will happen. In the course of this month, a quadrillion kernels of corn need to pollinate across the grain belt, something they cant do if temperatures remain off the charts. Is most important for how it will influence China and India, where emissions are growing fastest. The five biggest oil companies have made more than 1 trillion in profits since the millennium theres simply too much money to be made on oil and gas and coal to go chasing after zephyrs and sunbeams. "We've heard over and over. America had a warm winter and converted more coal-fired power plants to natural gas, so its emissions fell slightly; China kept booming, so its carbon output (which recently surpassed the.S.) rose.3 percent; the Japanese shut down their fleet of nukes post-Fukushima, so their.
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But the rising price of oil suddenly made the tar sands of Alberta economically attractive and since, as nasa climatologist James Hansen pointed out in an essay about a article in physical education May, they contain as much as 240 gigatons of carbon (or almost half of the available space if we take. IF YOU ARE, nOT. This analysis upends most of the conventional political thinking about climate change. But so far the numbers are pretty much the same. But the discussions she traveled to Scandinavia to have with other foreign ministers were mostly about how to make sure Western nations get their share of the estimated 9 trillion in oil (thats more than 90 billion barrels, or 37 gigatons of carbon) that will.