Study: Already developed fossil fuel reserves will potentially take us beyond the 2 degree warming limit
A ‘Study (pdf, 60 pages)’ called “The Sky’s Limit” just released by ‘Oil Change International’ finds that already developed reserves¹ of coal, oil and gas, if extracted and burned, will take us beyond the Paris Agreement’s 2°C warming limit (and of cause far beyond the 1.5°C limit). Developed reserves is defined as currently operating fields and mines (projected to run to the end of their probable lifetimes), wells already drilled, pits that are dug, and pipelines, processing facilities, railways and export terminals already constructed. The developed reserves hold roughly 30% of the fossil fuel reserves.
The study finds that the potential CO2 Emissions from these already developed reserves – if extracted and burned – will exceed the 2°C carbon budget calculated by the Intergovernmental Panel on Climate Change (IPCC). The diagram below is copied from the study.
Research: The emerging mass extinction in the ocean threaten larger animals more compared to past mass extinctions (more bad news)
The research ‘Ecological selectivity of the emerging mass extinction in the oceans‘ (pdf, 4 pages), published in the journal Science, show that “extinction threat in the modern oceans is strongly associated with large body size, whereas past extinction events were either nonselective or preferentially removed smaller-bodied taxa.” Or in other words: The balance between smaller animals and larger animals changes to the disadvantage of larger animals – due to human impact.
‘International Union for Conservation of Nature (IUCN)’ has recently published the report ‘Explaining Ocean Warming (pdf, 460 pages)‘ representing the most comprehensive review to date on ocean warming. IUCN is the world’s largest environmental network, harnessing the knowledge and research of around 1,300 organizations and 16,000 experts. The chapters and sections in the report tells in the scientist’s own words the scale and nature of changes being driven by ocean warming, often in association with other stressors such as ocean acidification and oxygen reductions. The following is an adapted summary of the report’s conclusions and recommendations.
Nobody knows how high the costs of global warming will be in the future. However, ‘Studies’ predict a total of $369 trillion by 2200, assuming that humans will have stopped emitting greenhouse gases from burning Fossil Fuels around 2100 and atmospheric CO2 concentrations will have reached 700 ppm. The calculations include accelerating release of methane from melting permafrost (13% of the total costs).
ClimatePositions calculates the ‘Climate Debt’, accumulated since 2000, for 148 countries with full data. The global Climate Debt amounted to $0.8 trillion in 2005, $2.6 trillion in 2010 and around $6.0 trillion in 2015 (preliminary estimate). The diagram below illustrates the accumulated Climate Debts (red dots) “smooth climbing” towards the predicted costs of $369 trillion by 2200 (black dot) … all speculatively of course!