Climate Letter #380

An essay about two extreme episodes in Earth’s climate history. Both of the events have been covered recently in my letters. The essay puts them in perspective, relative to our current CO2 event, and also fills in some interesting details that were lacking in the original reports.

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Two new Gallup polls about public policy preferences. The polls compare the importance of environmental protection with fossil fuel energy development. There is a stark difference between the views of Democrat and Republican voters, with Independents clearly leaning more toward the environment. No change in polling trends from recent years stands out, and neither of these issues is among the most highly ranked, yet they are just about high enough to have an influence on election day if actively promoted.
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India’s solar energy plans have strengthened considerably. This is due to some good work by the Energy Minister, especially on the financing end. India has a population near 1.3 billion, which is catching up with that of China, and it has huge untapped energy ambitions. How it handles them will leverage the global climate outcome perhaps more than any other single factor.
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Very interesting news from the coal market. Indonesia, the world’s leading coal exporter, has reported a 21% decline in first quarter mine production from a year ago. Customers who have been building inventories because of low prices may now be fully stocked up, with consumption anything but robust. Actual consumption of coal, a purely industrial commodity, is not something that is price sensitive, and coal has meanwhile been losing  share to other forms of energy.

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“The Fatal Flaw In The Climate Change Debate,” by Kurt Cobb. This well-written piece contains some keen analysis of the tactics being employed by the climate denial group, giving them an undeserved advantage. At some point this kind of “debate” will have to be set aside, and the deniers, who have trillions in asset values at stake, will simply have to be forced into capitulation by those who decide on their own that a lowering of risks to future civilization is of superior importance.
Carl

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