by Axios | Updated on 10.10.18
ExxonMobil's pledge Tuesday to put $1 million into carbon tax lobbying is the latest of several industry moves lately — including Exxon and Chevron joining the wider Oil and Gas Climate Initiative and more low-carbon energy investments by some big players.
Reality check: With the big UN report highlighting the unprecedented global energy transition needed to limit the extent of global warming — something far more seismic than the changes occurring today — now is a good time to explore what further steps the industry could take in the near(ish) term.
What to watch: Among other topics, we are keeping an eye on the following questions:
Meanwhile, another important dynamic is the disconnect over the role of natural gas in the future.
Yes, but: The new UN analysis of what's likely needed to hold the global temperature rise to 1.5ºC above preindustrial levels shows that steep reductions in fossil fuels are needed.
Written by Axios
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1-Carbon...all living organisms contain carbon 2-“Climate Change” is full of faulty data collection methods and biased interpretations of said data. It is yet another way to control lives and choices. We should be responsible, but promoting fear and control through lies is not only wrong, but takes away free choice and thinking. Why is my right to think for myself and get the positive or negative consequences overridden?
If you still think that Global Warming is a joke, then I feel so sorry for your kids and the stupidity that seems to be in your genes and will spill into them because this is where you need to open your eyes and accept that this planet was never made for us. So by destroying it at every chance we get, we slowly still prove that we’re monsters.
“Every extra bit of warming matters, especially since warming of 1.5º C or higher increases the risk associated with long lasting or irreversible changes, such as the loss of some ecosystems,” said Hans Otto Pörtner, Co-Chair of IPCC Working Group II. We should put a price on carbon as a means of slowing global warming. At the same time we need to move to renewable energy, like solar, thermal and other solutions.
To all the money grubbing congressionals that don’t believe in climate change: you can go to sleep tonight picturing what you are doing to your grandchildren and great grandchildren by not controlling climate. Will your children and grandchildren die in the next flood? Maybe the next fire. Do you realize that money cannot buy them out of this. You can leave them all the money in the world but it won’t keep them alive In These catastrophic events. You are sentencing your descendants to death. Is your money really that important to you?
I’d like to see companies push for a larger percentage, not a fixed amount, of their annual budgets to go toward carbon sequestration, renewable technologies and job transitioning strategies for people working with nonrenewables. Maybe if industry leads, our elected representatives might follow. (Joe, Todd And Larry?)
Climate change is not a drill! We need to act immediately to reduce the damage we’re doing to the planet. We’re breaking the carbon cycle, CO2 concentration in the atmosphere is going up all the time. We’re twiddling our thumbs while we sit with our cars running in a closed garage. At this rate there won’t be a United States, a world economy, or much more than wasteland to quibble over if we do not act NOW.