Slowing down can improve quality of life, an end in itself. Slowing down can also give us breathing room till fantastic technology, such as "all solar," becomes more viable. Say good by to agriculture in California's Central Valley? The word collapse may be overused these days, but I think we could soon see the collapse of agriculture in California's drought stricken Central Valley.
With successive years of low snow pack in the Sierra, farmers are now turning to wells, from limited groundwater, for irrigation of crops in the Central Valley. If this runs out and normal snow pack doesn't come back in the near future, imagine the Central Valley around Sacramento and Fresno being more like the Mohave Desert. Of course this is only one possible scenario, more normal rain and temperature patterns may return as early as next year. I wouldn't say that folks who are naively still banking on Californian agriculture would be "science deniers.
" The actual science is still not real clear about what will happen over, say, the next 25 years. On the other hand, there are some really alarming climate models coming out from the science about that region in the second half of the 21st century. Above photo: California has about one year of water left. Will you ration now? Given the historic low temperatures and snowfalls that pummeled the eastern U.S. this winter, it might be easy to overlook how devastating California's winter was as well.
As our “wet” season draws to a close, it is clear that the paltry rain and snowfall have done almost nothing to alleviate epic drought conditions. January was the driest in California since record-keeping began in 1895. Groundwater and snowpack levels are at all-time lows. We're not just up a creek without a paddle in California, we're losing the creek too. Data from NASA satellites show that the total amount of water stored in the Sacramento and San Joaquin river basins — that is, all of the snow, river and reservoir water, water in soils and groundwater combined — was 34 million acre-feet below normal in 2014. Statewide, we've been dropping more than 12 million acre-feet of total water yearly since 2011. In short, we have no paddle to navigate this crisis. Several steps need be taken right now.
Science denial might not be the main problem. Ted Cruz trying to look in favor of science. Itineraries for Robert's long distance bicycle tours in USA, Canada. My answer to people who say global warming is no big deal, earth's climate has changed many times. Climate change is a problem because of our time scale. What Are The Financial Risks Of Climate Change? In a blink, trillions of dollars in investments become worthless.
Stock markets reel as banks play "hot potato" with once-lucrative assets they now can't unload quickly enough. The price of crude has collapsed, and now every financial product buoyed by oil – every share of ExxonMobil, every corporate bond taken out to fund drilling, every derivative on the price of crude 12 months hence – is barely worth the paper it's printed on. One too-big-to-fail firm, unable to stanch the bleeding, declares bankruptcy. Again, the financial system teeters on the edge of collapse. This is the nightmare financial scenario presaged by the end of the oil market. Recently, The Bank of England formally took up the question in its latest research agenda. Now that the Bank of England is investigating the financial threats that climate change poses, will the U.S. To date, the Fed hasn’t publicly grappled with the risks associated with stranded assets or moved to study them.
Historic moment: Saudi Arabia sees End of Oil Age coming and opens valves on the carbon bubble. Photo: QuotesPictures.net Most analysts believe Saudi Arabia refuses to cut production because it wants to shake out its higher-cost competitors or because it wants to punish Iran and Russia.
There may be some truth in those theories, writes Elias Hinckley, strategic advisor and head of the energy practice with international law firm Sullivan and Worcester, but they miss the deeper motivation of the Saudis. Saudi Arabia, he says, sees the end of the Oil Age on the horizon and understands that a great deal of global fossil fuel reserves will have to stay underground to avoid catastrophic global warming. “That’s why it has opened the valves on the carbon asset bubble.” Saudi Arabia’s decision not to cut oil production, despite crashing prices, marks the beginning of an incredibly important change. In 2000, Sheikh Ahmed Zaki Yamani, former oil minister of Saudi Arabia, gave an interview in which he said: “Thirty years from now there will be a huge amount of oil – and no buyers.