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Flood of Oil Is Coming, Complicating Efforts to Fight Global Warming

nytimes.com

121–130 of 489 posts

Re: Flood of Oil Is Coming, Complicating Efforts to Fight Global Warming

#121

Demand for oil&gas will continue to grow for a long time due to: - SUV/pick-up boom (America's best-selling car in 2018 is the F150 series!) and more cars + trucks in countries like Brazil, India, China, Indonesia - crazy growth in air travel (look at order numbers of Airbus, see how many airports are under construction, see miles traveled via plane) - simultaneous shift away from coal+ nuclear, giving a huge boost t…

I thought the primary user of oil and gas is industry, not consumers.

Re: Flood of Oil Is Coming, Complicating Efforts to Fight Global Warming

#122
post #41

Earlier quoted context omitted.

The idea that the developing world will benefit from cheap oil is ridiculous. The developing world is the one suffering from the impacts of global warming. Several countries in Africa are suffering from wars worsened by climate change driven migrations. Countries like India have a mix of cities running out of water, cities flooded by water and cities drowning in pollution which is almost certainly gonna erase years o…

There is no scientific basis for this statement. IPCC estimates of impact on global GDP are about 5% under a “do nothing” scenario by 2100. Countries like India will likely be better off charging full speed ahead with economic development, even in light of the problems caused by climate change.

> Countries like India will likely be better off charging full speed ahead with economic development, even in light of the problems caused by climate change.

And if they do that, countries like the US can say "what's the point in us doing anything about climate change? India and China will wipe out any carbon emissions reductions we make." Pretty handy, right?

Re: Flood of Oil Is Coming, Complicating Efforts to Fight Global Warming

#123
post #121

Demand for oil&gas will continue to grow for a long time due to: - SUV/pick-up boom (America's best-selling car in 2018 is the F150 series!) and more cars + trucks in countries like Brazil, India, China, Indonesia - crazy growth in air travel (look at order numbers of Airbus, see how many airports are under construction, see miles traveled via plane) - simultaneous shift away from coal+ nuclear, giving a huge boost t…

I thought the primary user of oil and gas is industry, not consumers.

I'm not sure the distinction matters, because all industry eventually serves consumers.

Re: Flood of Oil Is Coming, Complicating Efforts to Fight Global Warming

#124

Earlier quoted context omitted.

> It was a total bullshit scare! But it was a scare that led to a big push in getting away from fossil fuels. So still, it was a good thing. Ends justify the means. When this kind of thinking is common, though, you lose the ability to engage at all with people who might not believe that "getting away from fossil fuels" is valuable as an end in itself.[1] Is it valuable for other reasons? Certainly not any reasons tha…

I'm not saying it's right. I'm saying it's effective. If you say the right thing but people still do the wrong thing... who cares? If you say the wrong thing, but people do the right thing, is that bad?

Is it effective? I think there’s some confounding factors involved. For all we know the narrative made it worse and kept us on oil longer because companies tried to pump faster and drove prices down.

Re: Flood of Oil Is Coming, Complicating Efforts to Fight Global Warming

#125

"I hope that humanity will be able to free itself from its addiction of fossil fuels (arguably it is the primary reason for violent conflict in the last 30 years and the driving force behind climate change), but my bet is that things will get worse for a lot longer before we even reach the inflection point of “peak oil”. Change must happen. Change will happen. I don’t think the oil and gas industry is anywhere near t…

What was eye opening to me is that, if the GP is to be believed, is that people keep buying F150s?

Clearly, not everyone believes in the idea of climate change. (In fact, if that factoid is correct, a plurality of automobile consumers don't? That's a "wow" moment for me.)

Re: Flood of Oil Is Coming, Complicating Efforts to Fight Global Warming

#126
post #42

I have a hard time taking this article too seriously. >not coming from the usual producers, but from Brazil, Canada, Norway and Guyana — countries that are either not known for oil or whose production has been lackluster in recent years. Canada ranks 5 in oil exports, Norway 13, Brazil 21. Sure, Guyana belongs in that sentence. But... uh, okay? Rank 5 is "not usual"? Next part, wtf do you expect? Oil companies are go…

> A lot more needs to happen to end oil's stranglehold. So what's your plan? Honest question. No sarcasm. How do we get from words to action?

In my opinion, the communication approach we are using is obviously (from observing the results) ineffective.

Corodra above says: "Don't think for a second I'm "for oil". But I'm a realist. A lot more needs to happen to end oil's stranglehold. Not drum circles, UN circle jerks climate summits with teenagers crying nor bullshit "plant trees" PR stunts(past tree planting stunts have real piss poor success rates of the trees surviving after a year."

I think there's a lot of truth in this. The current propaganda/meme-based approach (repetitive half true newspaper articles, Greta Thunberg, etc) to the issue is not only not moving the ball forward, it's actually causing unrest and resentment in our populations. It is causing people who likely don't really differ all that much in underlying beliefs to split into opposing psychological/ideological camps, and as the conversation continues in this same form, become further entrenched in their opposing stances. If you pay close attention when reading forum discussions, this seems quite apparent to me, even here among relatively more intelligent HN folks.

I believe people need to start realizing this, and then we have to study the nature of the problem, and then we have to find a new approach to the global public discussion on this topic, and others like it.

Re: Flood of Oil Is Coming, Complicating Efforts to Fight Global Warming

#127

"I hope that humanity will be able to free itself from its addiction of fossil fuels (arguably it is the primary reason for violent conflict in the last 30 years and the driving force behind climate change), but my bet is that things will get worse for a lot longer before we even reach the inflection point of “peak oil”. Change must happen. Change will happen. I don’t think the oil and gas industry is anywhere near t…

I see what you mean. A more general question about capitalism can be considered here: Who holds responsibility, consumers or producers? Both? In my view, consumers who choose to lower their demand of fossil fuels (by using the bike instead of the car and reducing their vacationing on different continents) actually make a difference. If people stop consuming, companies go out of business. Investing on the other hand i…

Consumers hold the responsibility. Their choices on where to spend money determine what kind of producers can exist. They can only make the right choices if they have the right education and data though, and that requires the government to step in.

Re: Flood of Oil Is Coming, Complicating Efforts to Fight Global Warming

#128
Carbon tax Carbon tax Carbon tax

It sucks that as BEVs chase ICEs and become more prevalent that will drop demand of oil and therefore oil will get cheaper.

I only hope that the higher extraction costs of current reserves make a floor for gasoline that supply/demand curves can't go under fundamentally, and that BEVs can beat that.

But a goddamn rational, common sense carbon tax would fix a whole lot of things that are wrong with the world.

Re: Flood of Oil Is Coming, Complicating Efforts to Fight Global Warming

#129

"I hope that humanity will be able to free itself from its addiction of fossil fuels (arguably it is the primary reason for violent conflict in the last 30 years and the driving force behind climate change), but my bet is that things will get worse for a lot longer before we even reach the inflection point of “peak oil”. Change must happen. Change will happen. I don’t think the oil and gas industry is anywhere near t…

What was eye opening to me is that, if the GP is to be believed, is that people keep buying F150s? Clearly, not everyone believes in the idea of climate change. (In fact, if that factoid is correct, a plurality of automobile consumers don't? That's a "wow" moment for me.)

I believe cognitive dissonance is extremely widespread. 100% of smokers know that what they are doing is extremely bad for their health.

Everybody knows about the suffering the animal industry inflicts on billions of cows, chicken and pigs.

The awareness of these problems does not seem to lead to widespread and lasting changes in behavior.

The taste of a burger and the sensation of driving a powerful car seems to trump moral considerations for a majority of humans.

As an example: Green party members in Germany are the ones who fly the most

Re: Flood of Oil Is Coming, Complicating Efforts to Fight Global Warming

#130

"I hope that humanity will be able to free itself from its addiction of fossil fuels (arguably it is the primary reason for violent conflict in the last 30 years and the driving force behind climate change), but my bet is that things will get worse for a lot longer before we even reach the inflection point of “peak oil”. Change must happen. Change will happen. I don’t think the oil and gas industry is anywhere near t…

I see what you mean. A more general question about capitalism can be considered here: Who holds responsibility, consumers or producers? Both? In my view, consumers who choose to lower their demand of fossil fuels (by using the bike instead of the car and reducing their vacationing on different continents) actually make a difference. If people stop consuming, companies go out of business. Investing on the other hand i…

I entirely disagree. By buying and owning shares of Exxon, you’re contributing and supporting the oil and gas industry. It’s completely a choice, as opposed to driving a car which is a financial necessity to some.
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