[✔️] April 8, 2024 Global Warming News | Have a think, Michigan impacts, Big Oil finance, World Energy report, 2003 Bitter harvest

[Richard Pauli]

/*April 8*//*, 2024*/
/
[  Just have a think -- pr and commentary ]/
*Is El Niño really getting worse?*
Just Have a Think
Apr 7, 2024
Average surface temperatures across Europe soared to 3.3 degrees Celsius 
above pre-industrial levels in February 2024. The global average was 
almost 1.8 degrees above pre-industrial. Some say this marks the start 
of Abrupt Global Warming. So, is that true?
https://www.youtube.com/watch?v=jtaa1aYPEoA

/
/

/[ Earth Scientist "We have not even started" - discussion with Q & A ]/
*Getting Honest About the Human Predicament | 2024 Teacher Workshop*
Texas Envirothon
Feb 25, 2024  2024 Teacher Workshop
Getting Honest About the Human Predicament
Presented by Art Berman, Director and Geological Consultant, Labyrinth 
Consulting Services
The mission of the Texas Envirothon is to develop knowledgeable, 
skilled, and dedicated citizens who are willing and prepared to work 
toward achieving a balance between the quality of life and the quality 
of the environment.
https://www.youtube.com/watch?v=RQm2wt7-kPU



/[ From broadcast tv  ]/
*Mark Andresen PhD: Michigan State Climatologist on Climate Impacts in 
Michigan*
greenmanbucket
Apr 7, 2024
Interview from WLNS Channel 6, Lansing MI.
Broadcast April 4, 2024.
https://www.youtube.com/watch?v=bhq54MhLW5k



/[ Paper reading and discussion ]/
*Growth, Emissions, and Financing Behind the Oil, Coal, and Natural Gas 
Industry*
Paul Beckwith
  Apr 7, 2024
A recent report by the International Energy Agency (IEA) looks at the 
specifics on size, growth, and financials behind the fossil fuel 
industry, namely for coal, oil, and natural gas.
I chat about some highlights and lowlights in this gargantuan report.

A couple surprises, for me at least. Nationally Owned (Fossil Fuel) 
Companies (NOCs) are responsible for over half of the GHG emissions, and 
own over 60% of the fossil fuel reserves on the planet. We often 
scapegoat the so-called “majors” oil companies, however their emissions 
are only about 13% of the total.

In reality, we are often concerned about the high level of fossil fuel 
subsidies, when the biggest culprit is actually country governments that 
own “nationalized” oil companies that are culpable for the bulk of 
global emissions and own the bulk of the fossil fuel reserves. No wonder 
they do not want to cut production, since they would lose vast taxation 
revenue and profits.

Gargantuan Report:
“The Oil and Gas Industry in Net Zero Transitions” 
https://iea.blob.core.windows.net/assets/f065ae5e-94ed-4fcb-8f17-8ceffde8bdd2/TheOilandGasIndustryinNetZeroTransitions.pdf
https://www.youtube.com/watch?v=lWNioxmoshU



/[  224 pages ]/
*World Energy Outlook Special Report*
*“The Oil and Gas Industry in Net Zero Transitions”*
Executive Summary
*A moment of truth is coming for the oil and gas industry*
Structural changes in the energy sector are now moving fast enough to 
deliver a peak in oil
and gas demand by the end of this decade under today’s policy settings. 
After the peak,
demand is not currently set to decline quickly enough to align with the 
Paris Agreement and
the 1.5 °C goal. But if governments deliver in full on their national 
energy and climate
pledges, then oil and gas demand would be 45% below today's level by 
2050 and the
temperature rise could be limited to 1.7 °C. If governments successfully 
pursue a 1.5 °C
trajectory, and emissions from the global energy sector reach net zero 
by mid-century, oil
and gas use would fall by 75% to 2050.
*This new IEA report explores what oil and gas companies can do to 
accelerate net zero
transitions and what this might mean for an industry which currently 
provides more than
half of global energy supply and employs nearly 12 million workers 
worldwide. *Since 2018,
the annual revenues generated by the oil and gas industry have averaged 
close to USD 3.5
trillion. Around half of this went to governments, while 40% went back 
into investment and
10% was returned to shareholders or used to pay down debt. The 
implications of net zero
transitions are far from uniform: the industry encompasses a wide range 
of players, from
small, specialised operators to huge national oil companies (NOCs). 
While attention often
focuses on the role of the majors, which are seven large, international 
players, they hold less
than 13% of global oil and gas production and reserves. NOCs account for 
more than half of
global production and close to 60% of the world’s oil and gas reserves.
*The industry’s engagement with clean energy transitions will be a key 
topic at COP28,* but
this report provides a reference for a debate that will continue well 
beyond the UN climate
summit in Dubai.
*Most oil and gas companies are watching energy transitions from the 
sidelines*
*Oil and gas producers account for only 1% of total clean energy 
investment globally. *More
than 60% of this comes from just four companies, out of thousands of 
producers of oil and
gas around the world today. For the moment the oil and gas industry as a 
whole is a marginal
force in the world’s transition to a clean energy system.
*The first-order task is to slash emissions from company operations*
*While there is no single blueprint for change, there is one element 
that can and should be
in all company transition strategies: reducing emissions from the 
industry’s own
operations.* As things stand, less than half of current global oil and 
gas output is produced by
companies that have targets to reduce these emissions. A far broader 
coalition – with much
more ambitious targets – is needed to achieve meaningful reductions 
across the oil and gas
industry. The production, transport and processing of oil and gas 
results in just under 15% of
global energy-related greenhouse gas emissions. This is a huge amount, 
equivalent to all
energy-related greenhouse gas emissions from the United States...
[ continues links below ]
https://iea.blob.core.windows.net/assets/f065ae5e-94ed-4fcb-8f17-8ceffde8bdd2/TheOilandGasIndustryinNetZeroTransitions.pdf 




/[The news archive -  ]/
/*April 8, 2003 */
April 8, 2003: In the New York Times, climate scientist Michael 
Oppenheimer declares: "The threat of global warming, first raised in 
1896, has outlived many foreign policy crises. Our failure to deal with 
it is starting to bear a bitter harvest not only in rising seas and 
intensified rainstorms, but also in disruption of long-standing 
alliances, and interference with other foreign policy objectives. It is 
well past time for U.S. leaders to put the climate problem at the center 
of America's domestic and international agendas."
http://www.nytimes.com/2003/04/08/opinion/08iht-edoppen_ed3_.html


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