Climate Letter #569

Should the US government bail out the oil industry?  The decline in prices is spurring calls for Congress to act.

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Here is what Robert Fanney thinks of the idea, and how he sees the bigger picture:
What the OilPrice website is now saying about the near-term oil price outlook.  Actually, all sorts of commodities have been hammered down lately—maybe oil is just part of something much bigger?
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A newly discovered effect of ocean acidification.  The focus of this work is on the observed impairment of bacteria to perform their usual role in keeping the oceans clean.  “In every litre of seawater there are around 1 billion bacterial cells. In a manner similar to how gut microbiota is important to the well-being of humans, bacteria in our oceans play a critical role in determining the health of marine ecosystems.”
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Giant icebergs in the Southern Ocean provide an assist to carbon uptake.  This won’t change the world, but it adds a bit to our knowledge of how the entire system works, in a strangely positive way.
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Old-fashioned light bulbs are coming back.  Redesigned to get rid of wasted energy, they should be even more efficient than LED bulbs, with better quality light.
Carl

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