Comments on: Into the abyss: oil states face turmoil as climate policies bite

By: David Nutzuki

David Nutzuki — Wed, 04 Jan 2017 21:55:00 +0000

Karl,
Before you issue your CO2 death threats to billions of innocent children, you may want to consider this first;
Trump says NASA can’t even say their end of the world is “proven” so all climate change measures “WILL BE TERMINATED” and since Trump has followed through on everything and more, the question now becomes will he prosecute news editors who knowingly exaggerated and abused vague climate science?

By: Van Dutchman

Van Dutchman — Wed, 04 Jan 2017 19:50:00 +0000

Are arms dealers going to be the new ambulance-chasers? (Hot on the heels of the oil & gas investors)

By: Peter Campbell

Peter Campbell — Wed, 04 Jan 2017 15:07:00 +0000

Ending the fossil fuel era will constitute a major shift to the current global geopolitical order, one dominated by major fossil fuel producers like Russia and the United States. It’s hard to see petrostates eagerly facilitating a transition away from that order, never mind funding a globally just transition away from it.

Given that hard political reality, we need to be careful to not allow questions of stranded assets and equity to derail progress on climate change. It may be an injustice to not strand fossil fuels equitably. But much graver injustice and harm will come from not acting on climate change, particularly for least developed and developing nations.
http://www.re-update.com/2017/01/02/the-world-needs-to-consider-how-to-manage-the-end-of-the-fossil-fuel-era/

By: JamesWimberley

JamesWimberley — Wed, 04 Jan 2017 13:43:00 +0000

The recession and deep political crisis in Brazil reflects a weaker form of Chavismo. The World Cup and Rio Olympics were costly crowd-pleasing projects funded from hoped-for oil income. The Brazilian oilfields are in deep offshore waters and very high-cost, so have been hit especially hard by the oil downturn.