The Research Is In: Regulations Alone Won’t Save Us From Climate Disaster

We are convinced that any serious attempt to address climate change means that a large portion of the natural gas, oil and coal currently locked underground must remain unexploited. Unfortunately, rather than aggressively deploying renewable energy resources, the Obama administration has opted to allow polluters to continue burning these dirty, polluting fossil fuels. Case in point: The U.S. Environmental Protection Agency (EPA) is due to soon release rules to regulate methane leaks from natural gas production and transportation. But two new reports released this week underscore the importance of keeping fossil fuels where they belong—underground.

 

This week, Nature published a peer-reviewed paper estimating the percentages of fossil fuels that must remain unburned. This came on the heels of our own analysis of how much natural gas, specifically, should not be exploited.

Click Here: pandora Bracelets

The Nature researchers based their numbers on a scenario prioritizing the cheapest fossil fuels, weighted (or penalized) by a selected measure of their contribution to global warming. The authors found that in order to have only a 50-50 chance of remaining below a 2-degree (Celsius) temperature increase and avoid catastrophic climate change, about 80 percent of coal reserves, 30 percent of oil reserves and 50 percent of natural gas reserves must remain underground.

However, these percentages were calculated before accounting for “technically recoverable resources,” meaning, that most of the shale gas the industry expects to extract by fracking, was not considered.