What do you know about the Koch brothers? This story takes a close look at their industrial empire, made up of private companies that have over $115 billion in annual revenues, is highly diversified, and apparently growing at a rate of around 12% per year. The owners are constantly alert to new opportunities for expansion. I get the impression that they are not necessarily dedicated to destroying the environment or blindly resisting everything to do with clean energy, as commonly believed. It might even be rational for them to consider adjusting some of their attitudes toward climate change from a business standpoint as well as to improve public relations. (Certain politicians would have to follow, so keep watching.) Just a thought.
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Bill McKibben expresses his views on the Exxon revelations. As expected, they are blunt. If you are not up to speed on this amazing story the post will give you a good summary plus links to the source materials.
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How and why natural gas is rapidly replacing coal in US power generation. The so-called “bridge” is very much a reality, but needs to confront a serious problem with fugitive methane emissions. The current low price of gas is not destined to stay that way forever, the timing of which will help to determine how long the bridge endures before the next wave of energy sources takes over.
The outlook for a booming hydrogen industry takes shape in Australia. The resource base is plentiful and export markets in Asia are beginning to break out. You may be surprised by the magnitude of what is being envisioned: “….this could create an export industry that could rival coal and gas.”
Here is one example of what that market looks like. “Toyota Motor Corp…..set what it called an ambitious target to sell 30,000 fuel-cell vehicles a year by the end of the decade under a plan to cut carbon emissions nearly to zero by 2050.”
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A new study of potential melting of Antarctica. A new team of scientists essentially confirms the outlook that has recently gained favor based on other studies. Among its findings, “Missing the 2°C target will result in an Antarctic contribution to sea-level rise that could be up to 10 metres above present day,” says Dr Golledge.
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Paleoclimate history lesson: New details of the end-Permian extinction era. There was a trigger point of very rapid greenhouse gas emissions on a massive scale that provides a model of comparison for the type of similarly rapid changes now taking place. “As I outlined in this earlier article, emission rates matter a lot when it comes to our oceans’ ability to process them.”
Carl