Archive for April 4th, 2014

UN Tells Oil, Gas Industry to Leave Fuel in Ground

Bloomberg: In a world that has never produced so much oil and gas, the United Nations is seeking to persuade producers they need to leave three-quarters of their reserves in the ground and explore cleaner energy to combat climate change. “The fossil fuels we do use must be utilized sparingly and responsibly,” Christiana Figueres, UN climate chief, said in the copy of a prepared speech to the industry. “Three-quarters of the fossil fuel reserves need to stay in the ground.” The UN is seeking to enlist...

Climate change In the balance

Economist: IN SCIENCE, more information is supposed to lead to better conclusions and greater consensus. The Intergovernmental Panel on Climate Change (IPCC), which published its latest report on March 31st, certainly has more information. The new study synthesises 73,000 published works (a quarter of them in Chinese). This represents a 100-fold increase in about 30 years. But consensus remains elusive. Richard Tol of Sussex University, in Britain, disparagingly appraised the report’s conclusions as “the four...