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Bridging climate science, citizens, and policy


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News Survery 2/17/09: Oil, Afghanistan & Antarctic Station

Some recent articles caught my eye.  Here are three of them:

Crude oil is getting cheaper – so why isn’t gas?  Short answer first: greed.  Longer answer: the oil price reported in the media is West Texas crude.  It’s currently selling for less than other oil grades around the world.  The gas we fuel our vehicles with?  It’s processsed from that foreign oil.  The article actually mentions that refining capacity for West Texas crude is less than for other types of crude.  Why aren’t more refineries built?  Well, that would cost oil corporations money – money they’d rather see in executive bonuses and stock dividends.  Don’t think this benefits your retirement account.  As most of us are now aware, the only people who benefited from stock payouts were the already mega-rich.  That won’t change anytime soon.  So when you’re paying more than $2 per gallon again this year, keep in mind all the record profits the oil corporations posted last year.  The money that we’re all paying at the pump every day could go to building refineries and lowering the price at the pump, but it’s not.

Escalation of troops in Afghanistan.  I’d be happier to read news reports of large-scale, detailed plans to revitalize the infrastructure of Afghanistan.  At this point, I think troops are necessary.  But they’ll be worth less in the long-term if fundamental issues aren’t addressed at the same time.

New Antarctic research station is carbon-free.  It won’t stop deniers/delayers from further beating their dead talking-point horses, but this article is good news for realists.  The station uses wind mills, solar panels and water recycling … in Antarctica.  If buildings in Antarctica can be built as zero-emitters, do you think they can be built on the rest of the continents?  Darn right.

The only beef I have with the last article is its treatment of two separate facts.  Both are important (and correct) alone, but the writer did nothing to merge them coherently.  They are:

Scientists monitoring global warming predict higher temperatures could hasten melting at Antarctica, the world’s largest repository of fresh water, raising sea levels and altering shorelines. If Antarctica ever melted, world sea levels would rise by about 180 feet.

That would impact some 146 million people living in low-lying coastal regions less than three feet above current sea levels, researchers said.

On the path toward total Antarctic ice sheet melt (the continent itself can’t melt, by the way), sea levels would obviously rise 3 feet before they rose 180 feet.  So if a 3 foot sea level rise would impact 146 million people, what kind of an impact would sea level rises between three and 180 feet have?  More than the number indicated in the article.

A two-year old paper indicated over 400 million people for selected parts of the globe.  That’s bad enough.  When you factor in recorded sea-level rise amounts have already exceeded earlier estimates, that number is likely to be higher.  And what about the rest of the globe that the study didn’t examine, such as the west coast of the U.S. and most of Africa?

While the article could have benefited from some additional context, I was glad to see the information that did make it in.  We must rein in greenhouse gas emissions.  Millions of peoples’ livelihoods and untold numbers of plants and animals depend on it.


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Additional Economic Figures: Fuels, Unemployment and Housing

As Congress works to pass an immoral bailout of corporatist gambling, activities continue across America.  Demand for fuels was down again in August by about 4% versus last year.  Of particular interest to me was the stockpiles of gasoline stockpiles: they’re down to the lowest level since 1990!  This has gotten no play in the corporate media while House Dems capitulated on off-shore drilling: refineries were operating at only 67% of capacity.  That’s correct: only fuel corporations have refineries operating at only 2/3s of their possible maximum.  What’s the price of gasoline again?  It’s still $3.50 a gallon?  I don’t wonder why.  Do you?  Or more accurately, why does anyone still think that doing nothing about global warming will cost less than doing something?  150 platforms were destroyed since Aug. 2005.  Here’s the ultimate laugher with respect to off-shore drilling: if platforms are being wrecked by moderately strong hurricanes, what incentive do fuel corporations have to build new ones?  Let me complete things here: lack of refining capacity is what has held product from the market, not lack of drilling space.  Even then, refineries aren’t operating where they should be.  Opening up areas off-shore will not decrease the price of gas.  Ever.

More people filed for jobless benefits last week than any time since Sep 2001.  Unemployed people do not expand economies.  Is anyone delusional enough to think that the $700 billion bailout will propel corporations to hire more people?  They won’t.  People will remain jobless, people will continue to lose their homes, which means the bailout will fail.  That means our economy will be in terrible shape for quite some time to come.  And Republicans will be only too happy to point their fingers at everyone else.  Unfortunately, Democrats have left a golden opportunity to properly cast con-servative economic policies as immoral and insane.

Existing home sales fell again last month.  They were down 10.7% compared to a year earlier.  Banks are holding on to all their capital because every bank knows every other bank issued as much crappy debt as they did.  No money flowing between banks means no money in the system.  That brings the system to a screeching halt.  If Congress were to send any portion of the $700 billion they’re handing over to mega-corporations to the citizenry, the wheels of our economy would receive a much needed boost of grease.  Bush’s corporate cronies know they’re causing the system to collapse and they have the audacity to demand a bailout from Americans.  Simply disgusting.

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[Update]: MSNBC has an article up citing two of the above and adds a third: manufacturing orders plunged again last month.  The same article says existing home sales were expected to fall only by 1%.  That’s pretty damn far from the 10%+ actual drop.  Good thing economists are more trusted than weather forecasters.  I’d hate to see what would happen if economists were ever wrong…

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