Jeff Goodell
Jeff Goodell
Jeff Goodell is an American author and contributing editor to Rolling Stone magazine. Goodell's writings are known for a focus on energy and environmental issues. He is a 2016 Fellow at the New America Foundation...
NationalityAmerican
ProfessionAuthor
CountryUnited States of America
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In recent years, America's wealthiest man has begun to tackle energy issues in a major way, investing millions in everything from high-capacity batteries to machines that can scrub carbon dioxide out of the air. With a personal fortune of $50 billion, Gates has the resources to give his favorite solutions a major boost.
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Bloomberg's $50 million is not going to revolutionize the electric power industry. But his willingness to fight is already inspiring others to see Big Coal differently.
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The first sign of whether Obama is serious about confronting the climate crisis will be revealed by how he organizes the White House.
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Despite all the progress climate scientists have made in understanding the risks we run by loading the atmosphere with CO2, the world is still as addicted to fossil fuels as ever.
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Corn is already the most subsidized crop in America, raking in a total of $51 billion in federal handouts between 1995 and 2005 - twice as much as wheat subsidies and four times as much as soybeans. Ethanol itself is propped up by hefty subsidies, including a fifty-one-cent-per-gallon tax allowance for refiners.
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Without electrons, there is no Google. And without clean electrons, there will be no Google customers, since we'll all be too busy fleeing from rising seas, droughts, and disease.
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When it comes to global warming, coal is the gorilla in the room.
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Australia is the only island continent on the planet, which means that changes caused by planet-warming pollution - warmer seas, which can drive stronger storms, and more acidic oceans, which wreak havoc on the food chain - are even more deadly here.
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So if you want to know how Exxon Mobil can make $10 billion profit in 90 days, just look around. The whole world was built for them.
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Some studies suggest that the Arctic Ocean may be ice-free by the end of the century.
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If you think Wall Street firms have it good, you haven't looked closely at Big Oil.
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One of the big questions in the climate change debate: Are humans any smarter than frogs in a pot? If you put a frog in a pot and slowly turn up the heat, it won't jump out. Instead, it will enjoy the nice warm bath until it is cooked to death. We humans seem to be doing pretty much the same thing.
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Once we start deliberately messing with the climate systems, we could inadvertently shift rainfall patterns (climate models have shown that rainfall in the Amazon might be particularly vulnerable), causing collapse of ecosystems, drought, famine, and more.
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Ever since the collapse of cap and trade legislation and the realization that President Obama is unlikely to ever utter the words 'climate change' in public again, much less use the bully pulpit to prepare the nation for the catastrophic risks of inaction, the movement has been in a funk.