BP says that the total cost to the company for its 2010 Gulf of Mexico oil spill will be nearly $62 billion. That is nearly eight times the total annual budget of the US Environmental Protection Agency.
Cool Pope Francis Keeps It Real About Man's Stewardship of the Earth
Pope Francis, at the end of his week-long tour through Asia, delivered a speech Sunday morning at a Manila university in which he declared that man has a God-given responsibility to protect the environment, The New York Times reports. In shirking that duty we betray God.
Thanks to energy drilling operations, northern New Mexico is now covered by "a permanent, Delaware-sized methane cloud."
"At least 150 major companies worldwide - including ExxonMobil, Google, Microsoft and 26 others in the United States - are already making business plans that assume they will be taxed on their carbon pollution, a report today says." So go ahead and tax them already, before we all burn up.
Is a Carbon Tax Really Too Expensive?
Edward Lazear, a former economic adviser to George W. Bush, argues today that cutting carbon emissions enough to mitigate global warming is a lost cause, and we are better off pursuing a strategy of "adaptation" to a fiery new world. This is why pessimists should not be in charge.
It's Farmers vs. Fish In the California Water Wars
The water wars that will, in short order, come to consume our nation and the world are growing in intensity. In the earthquake-and-drought cocktail that is California, humans and fish are already locked in a pitched battle for survival.
Doom Draws Nearer
A new day has dawned, and with it, a new draft of a new United Nations report on climate change has leaked unto the world. Like the turning pages of a calendar as one draws closer to death, the report brings tidings that grow worse, and worse, and worse.
The New York Times dives deep today into the creation of cap-and-trade-style carbon markets, that allow polluters to buy and sell emission permits. Is there any reason this convoluted market system is better than a straightforward carbon tax? Serious question. Tell us.
A Carbon Tax Is Our Only Hope
Carbon emissions are causing global warming. Global warming is a slow motion disaster. The consensus is that we must make drastic changes soon. How? We need a carbon tax. A carbon tax is our only hope. Time for a carbon tax now.
Las Vegas' Future Is Dry and Fucked
Once upon a time, a lot of gangsters got together and built some casinos in the middle of a desert. For inexplicable reasons, these casinos were allowed to flourish into a major metropolitan area: Las Vegas. Now, that city is staring down a dry, waterless future.
The scientific consensus about what will happen to billions of humans over the next century as climate change intensifies: "We'll die."
