Stories tagged with "drought"

The Speech I'd Like to Hear from a Presidential Candidate on Energy and Climate Change

This is a guest post by Eugene Linden. Eugene's most recent book is Winds of Change: Climate, Weather, and the Destruction of Civilizations. Prior books include The Future in Plain Sight: Nine Clues to the Coming Instability. Over the years, Eugene has written for publications ranging from Parade to Foreign Affairs (for more complete list, please visit Eugene's site). In recent years Eugene has been publishing more and more on the web. Apart from his writing, he does a good deal of speaking, and also serves as chief investment strategist for Bennett Management, a family of hedge funds.

"The Speech I'd Like to Hear from a Presidential Candidate on Energy and Climate Change" by Eugene Linden

“As I stand here today on the shore of Lake Lanier in Georgia, I’m sure that many of you are wondering why I’ve chosen to talk about climate change when we face so many immediate problems. Climate change seems far away while the housing and credit crisis, unprecedented oil prices, expensive healthcare, a global food crisis, and the never-ending war in Iraq are right upon us.

These are all urgent issues, and the American people have every right to demand that a Presidential candidate address these problems with leadership and credible programs. Indeed, I’ve spent the great majority of my time in this campaign trying to lay out the way I would confront such issues should the voters entrust me with the Presidency.

But many of these problems, particularly energy prices, our national security and soaring food prices cannot be addressed in isolation. Moreover, changing climate feeds into a number of these immediate issues, and the threat of climate chaos may not be as far off as we might hope.

Fire and Rain: The Consequences of Changing Climate on Rainfall, Wildfire and Agriculture

The following is a guest post by TOD reader Doug Fir. 'Doug' graduated in the 70's with a BS and a MS in Fisheries, Forestry, and Agriculture. Presently, he and his family work a small hay, timber and livestock operation. The policies impacting climate change legislation are linked in complicated ways to energy depletion. If anthropogenic induced climate change ends up being real and urgent, it will have direct impacts on energy and food production. For these reasons we periodically post thoughtful analysis on the topic of climate change here on theoildrum.com.

The consequences of climate change are often presented in the media as coastal flooding after the melt of Greenland or Antarctic ice. That is the headline most often seen, however the real problems will be much more extensive. I'd like to look at some of those problems, in particular those of wildfire and agriculture, and provide a little background to better illustrate their severity.

Driving a Taxi is getting to be tougher

It is a beautiful day outside, one of the crisp days of Winter where it becomes a pleasant chore to restock the wood pile near the house. Soon we will begin to tidy up the yard, and Spring will be here and plans are already made for trips and travel through the summer. Somehow in this planning, even though we know of the problems that are coming with energy supply, it doesn’t factor much into the plans that are made. There is a complacency of thought that says that things will continue, much as they are, and certainly in the discussions from the political contenders there is little concern expressed for dramatic change in the security of supply, or even the volume of that supply, within the near term.

As I mentioned last week, I have been giving talks that include a component of the coming problem outside of the small circle of our campus and moving out to the service clubs, and the occasional larger conference gathering. I largely dwell on the problems of oil and gas supply and the inadequacy of our being able to make up shortfalls in these with solar and wind, or even ethanol, because of the scale of the problem and the nature of the coming liquid fuels shortages. The talks seem to go over quite well, I even get the odd request for copies – but I strongly suspect that the audience, in very large part, quickly moves their attention to the next item on the agenda, and that within a week the topic is far back in their memories. I mention this because in many ways I think my small experience mirrors to a degree what we see on a much larger scale when folk like Matt Simmons give the more detailed, and skilled presentations that he provides. There is no experience of significant personal impact that causes the problem to seem immediate to many of the audience.

Endings aren't always happy

This was the week that the History Channel aired the “Mega-disasters – Oil” program, which, in the best part of an hour could only briefly skirt all the different arguments that we discuss here, leading, in their case, to the conclusion that we are possibly heading towards the Mega-disaster of the title. But, given the speed of the story, and a little artistic license in dealing with a possible future, it left me wondering over a question. Tom Engelhardt in his Tom Dispatch of November 15, raises a similar question over the question of the current droughts that are developing about the country. In its simplest form the question is “What happens when it doesn’t get better?”

The Energy and Environment Round-Up: October 14th 2007

This is an Energy and Environment Round-Up by ilargi.

As the tar sands royalties soap drags on, and we do have links to some really good articles on the topic, from Nature.org, Mother Jones, and many others, still, how could we not open with climate change, two days after Al Gore and the IPCC won the first ever Climate Change Nobel Prize, and Sheila Watt-Cloutier and James Hansen did not?

Everything that the winners stand for is rendered obsolete in one broad stroke by the article from New Scientist that we open with below. And that is the problem: the people who do the frontline work are snubbed, while the late arrivals get decorated. Yes, Gore raises awareness. But awareness of what, exactly?

And that’s not the only issue: both winners stand out for being repeatedly, if not incessantly, wrong on what they claim to be experts in, only to be corrected time and again by those they beat out for the award. Yes, it’s done, we know, and maybe we should just lower our standards, like everyone else. Problem with that is, we don’t trust there’s time left for any standards other than the real ones.

The Marie Antoinette Syndrome

A short while ago I wrote about my concerns that, with a growing drum roll of articles decrying the use of coal, we might find ourselves short of power, at a time when we have a real need. The tone of articles written about the mining industry are virtually all negative, with very few counter-arguments being made to demur at the emotive tone of the language used in writing about this subject. The thought returned today as I read the article in the Guardian that Leanan had highlighted in Wednesday’s Drumbeat. The piece, by George Monbiot, bemoans the creation of a new surface mine in Wales.

As I watched the machine scraping away the first buckets of soil, one thought kept clanging through my head: "If this is allowed to happen, we might as well give up now." It didn't look like much: just a yellow digger and a couple of trucks taking the earth away. But in a secure compound behind me were the heaviest beasts I have ever seen - 1,300 horsepower or more - lined up and ready to start digging one of the largest opencast coal mines in Europe. In Romania perhaps? The Czech Republic? No, on a hilltop in south Wales.

I am thinking of calling this the Marie Antoinette Syndrome – she of the “let them eat cake,” quotation. Because there is a reality to life that seems to be beyond the comprehension of writers of this ilk. George Monbiot refers to the opening of the mine as being a sign of a “re-entry into the coal age,” but we never left it. Coal has been, and is, used extensively around the world as a fuel source, and in the United States produces more than half the electricity consumed. It is one of the cheapest (in straight dollars per kWh) sources of power for a utility. Solar is currently about five times as expensive as coal power. Further the coal in place in the UK, even if not at the moment a reserve, still totals more than 45 billion tons .

We are very rapidly approaching the point where world oil production will likely peak and then start to decline. The quantities of fuel that will have to be found to replace this gap are not likely to be found in the occasional wind farm, dotted over the landscape, nor in solar panels on the roofs of very profitable corporations. The alternatives to letting the populace “freeze in the dark” are starkly limited. A significant amount of that power will likely have to come from coal, for a number of different reasons.

The Energy and Environment Round-Up: October 10th 2007

In Alberta, the debate of the the tar sands royalty review is heating up. Major companies are threatening to pull investments in the province, while other point out that a peaking world offers them few other options. The environmental effects of large-scale bitumen mining, which are not considered often enough, are discussed in detail in journalist Willam Marsden's new book.

On the other side of the country, LNG shipments seem set to ignite a political row over safety in narrow shipping lanes. Nuclear appears to be approaching a revival, although cost is an issue. The effects of climate change are making themselves felt across the globe, notably in the Australia and in the Arctic, where Inuit climate change campaigner Sheila Watt-Cloutier could be about to share the Nobel Peace Prize with Al Gore. (More under the fold!)

The Energy and Environment Round-Up: October 4th 2007


Macleans: Alberta stands accused
A huge fight between East and West -- over the oil sands -- is just starting


Left unfettered, Alberta's energy sector will, by the end of this century, transform the southern part of the province into a desert and its north into a treeless, toxic swamp. Driven both by global warming and oil and gas developments, temperatures in Alberta will soar by as much as eight degrees. The Athabasca River will slow to a trickle, parching the remainder of the province's forests and encouraging them to burst into flame, generating vast quantities of CO2. "They're going to be the architects of their own destruction," says journalist William Marsden, whose new book outlines the environmental threats posed by Alberta's energy industry.

The Energy and Environment Round-Up: September 29th 2007

The Alberta royalty review continues to generate a predictable response from an industry which has seen costs rise more rapidly than prices in recent years. Even though Alberta’s take is comparatively low, Encana has announced it will withdraw $1 billion in investment if the new royalty recommendations are accepted by the province.

Elsewhere on the energy scene, Alberta looks to expand both wind and nuclear power, while Ontario reactors’ inability to deal with an unexpected spell of warm weather during maintenance outage season made electricity imports necessary.

Globally, questions are increasingly raised over the global warming effects of both ethanol production and hydro-power dams.

In environmental news the drought in Australia and the Ukraine has led to record wheat prices and concerns over feeding the world's poor. The Arctic warms ever more rapidly, for some an opportunity to exploit new resources, rather than a problem. If warming continues to accelerate, it just might become an 'insurmountable opportunity'.


'All bets are off'


In the 10 days since a provincially appointed panel dropped its bombshell report recommending that Alberta play hardball with the oilpatch, work inside Calgary's office towers has turned from planning growth to assessing damage and even eyeing an exodus....

...."Everybody is holding their breath right now," said Hal Walker, a long-time provincial Tory and real-estate developer who is critical of the review process. "All bets are off."....

....Deutsche Bank highlighted the escalating risk of investing in the province: "Risk, risk and risk, and there's risk. Above all, be warned about risk," it said.

As out of character as the panel recommendations seem in business friendly Alberta, observers say it has big support in rural Alberta and in Edmonton, areas that believe they have suffered the downside of the oilsands driven boom, while not reaping enough of the benefits.

The Round-Up: September 14th 2007

Today's Round-Up focuses on disappearing acts. First, out of $12 billion in $100 bills that were physically flown from the New York Fed to Baghdad, $9 billion are missing. Second, more of life on earth is vanishing - the updated Red List of endangered species shows a large increase in species in critical condition.

In the world of finance, the next month is full of key moments, where debts will have to be covered, paper of various sorts matures, hedge funds will need to fork over lots of cash to investors who want out, and take-over deals will come under scrutiny. It looks like trillions of dollars could disappear from the markets before the end of the year.

And Greenspan had no idea. None. Now there's a mystery.


Billions over Baghdad


Illustration by John Blackford. By Peter van Agtmael/Polaris (desert), Konstantin Inozemtsev/Alamy (money)

Between April 2003 and June 2004, $12 billion in U.S. currencymuch of it belonging to the Iraqi peoplewas shipped from the Federal Reserve to Baghdad, where it was dispensed by the Coalition Provisional Authority. Some of the cash went to pay for projects and keep ministries afloat, but, incredibly, at least $9 billion has gone missing, unaccounted for, in a frenzy of mismanagement and greed. Following a trail that leads from a safe in one of Saddam's palaces to a house near San Diego, to a P.O. box in the Bahamas, the authors discover just how little anyone cared about how the money was handled.

Hidden in plain sight, 10 miles west of Manhattan, amid a suburban community of middle-class homes and small businesses, stands a fortress-like building shielded by big trees and lush plantings behind an iron fence. The steel-gray structure, in East Rutherford, New Jersey, is all but invisible to the thousands of commuters who whiz by every day on Route 17. Even if they noticed it, they would scarcely guess that it is the largest repository of American currency in the world.

On Tuesday, June 22, 2004, a tractor-trailer truck turned off Route 17 onto Orchard Street, stopped at a guard station for clearance, and then entered the eroc compound. What happened next would have been the stuff of routineprocedures followed countless times. Inside an immense three-story cavern known as the currency vault, the truck's next cargo
was made ready for shipment.

With storage space to rival a Wal-Mart's, the currency vault can reportedly hold upwards of $60 billion in cash. Human beings don't perform many functions inside the vault, and few are allowed in; a robotic system, immune to human temptation, handles everything. On that Tuesday in June the machines were especially busy. Though accustomed to receiving and shipping large quantities of cash, the vault had never before processed a single order of this magnitude: $2.4 billion in $100 bills.