News update

New coal plants most urgent threat to the planet, warns OECD head
The Guardian UK
Governments must rethink plans for new coal-fired power plants around the world, as these are now the “most urgent” threat to the future of the planet, the head of the OECD has warned. In unusually strong terms for the organisation – best known as a club of the world’s richest countries – its secretary general Angel Gurria, told governments to think “twice, or three, or four times” before allowing new coal-fired plants to go ahead.

Wars, Water Shortages & Heat Waves: Are You Prepared ?
Prachi Salve, IndiaSpend.com
Lives, properties and economies stand to be affected by climate change as we understand it. While debates on the significance and impact of climate change rage furiously, a new multi-nation study has argued that preparing for the risks of climate change is an imperative now. Particularly so for a country like India which is likely to have a greater economic impact as prosperity rises in the coming years.

Unnatural Disaster: How Global Warming Helped Cause India’s Catastrophic Flood
Daniel Grossman, Yale Environment 360
The flood that swept through the Indian state of Uttarakhand two years ago killed thousands of people and was one of the worst disasters in the nation’s recent history. Now researchers are saying that melting glaciers and shifting storm tracks played a major role in the catastrophe and should be a warning about how global warming could lead to more damaging floods in the future.

With One-Third of Largest Aquifers Highly Stressed, It’s Time to Explore and Assess the Planet’s Groundwater
National Geographic
One-third of the world’s 37 largest aquifers are highly stressed to over-stressed, according to a companion study published in the same issue of WRR. The eight most highly stressed aquifers receive almost no natural recharge to offset human use – including aquifers in Saudi Arabia, northwestern India and Pakistan.

Saudi Arabias solar-for-oil plan is a ray of hope
Damian Carrington, The Guardian UK
So what to make of the statement by Saudi Arabia’s oil minister that the world’s biggest oil exporter could stop using fossil fuels as soon as 2040 and become a “global power” in solar and wind energy? Ali Al-Naimi’s statement is striking as Saudi Arabia’s wealth and influence is entirely founded on its huge oil wealth and the nation has been one of the strongest voices against climate change action at UN summits.

Why a Leading Indian Politician Is Now an Environmental Hawk
Yale Environment 360
Former Environment Minister Jairam Ramesh believes the “cult” of unfettered economic growth has been ruinous for India’s environment. In an interview with Yale Environment 360, he talks about his vision of “green growth,” which he says is essential for his nation’s future.

The Limits to Growth and Greece: systemic or financial collapse?
Ugo Bardi
Could it be that all the financial circus that we are seeing dancing in and around Greece be just the effect of much deeper causes? The effect of something that gnaws at the very foundations not only of Greece, but of the whole Western World? Lets take a step back, and take a look at the 1972 study titled The Limits to Growth (LTG). Look at the base case scenario, the one which used as input the data that seemed to be the most reliable at the time. Here it is, in the 2004 version of the study, with updated data in input.

The Mystery of the Missing Carbon
Courtney White, A Carbon Pilgrim
It’s a whodunit with huge consequences for life on Earth. Somehow, a whole lot of atmospheric carbon dioxide (CO2) has gone missing and it’s becoming a scientific detective story to figure out where it went and why. The Principle Investigator into this mystery is NASA, which launched a satellite called the Orbiting Carbon Observatory-2 (OCO-2) on July 2nd, 2014, into an orbit around the Earth in hopes of cracking the case.

The Multi-Trillion Dollar Oil Market Swindle
Leonard Brecken, Oilprice.com
In the past, I documented the overstatements by both the IEA and EIA in 2014 & 2015 in terms of supply, inventory and understatements of demand. Others also noticed these distortions and, whether intentional or not, they exist and they are very large in dollar terms. These distortions, which are affecting price through media hype and/or direct/indirect price manipulation, are quite possibly the largest in financial history.

If everyone lived in an ‘ecovillage’, the Earth would still be in trouble
Samuel Alexander, The Conversation
According to the most recent data from the Global Footprint Network, humanity as a whole is currently in ecological overshoot, demanding one and a half planet’s worth of Earth’s biocapacity. As the global population continues its trend toward 11 billion people, and while the growth fetish continues to shape the global economy, the extent of overshoot is only going to increase.

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