Tuesday, March 26, 2019
Intensifying Climate Disruption & Ocean Anomalies - Will Big Business Soon Come To The Table?
Even as the "Green New Deal" continues to be hotly debated - with conservatives (at CPAC) yelping the "Greens" plan to take their burgers away - ominous new falling temperature records signal we may be even closer to the runaway greenhouse. To fix ideas, this would mean an unstoppable climate forcing dynamic from which neither Earth - nor its human inhabitants - would ever return. We are talking about a process leading to another Venus. The question that often comes up - especially in the financial media - is whether big business is planning to do much of anything about it. So far the only businesses we know that are taking climate change totally serious - think of actions not just words - are the re-insurance companies like Munich Re.
The graphic above - from The Wall Street Journal- basically tells the whole tale, at least in terms of the temperature anomalies now recorded, especially relative to the 1951-1980 average. To the right we can also see the annual and smoothed global surface temperature anomalies compared. As the article reports:
"The past five years have been the hottest in modern records, federal scientists said....Last year was the fourth warmest year since 1890, according to the report by the National Aeronautics and Space Administration and the National Oceanic and Atmospheric Administration, which track annual climate trends."
Even more ominous (ibid.):
"The report comes after a year of extreme storms, floods and fires across the country, NASA scientists link such extreme weather to rising temperatures, saying that the warming extends fire seasons and fuels bigger storms".
And in terms of the global reach of these effects:
"During 2018 the average temperature across global land and ocean surfaces was 1.42 (0.79 C) above the 20th century average, according to NOAA's report. It noted record high temperatures across much of Europe and the Mediterranean, the Middle East and New Zealand and surrounding oceans - and across Asia, the Atlantic Ocean and the western Pacific Ocean."
In terms of the latter perilous thresholds are also being reached, again from warmer temperatures. According to Laure Resplandy , a geoscientist at Princeton University who led the startling study published in the journal Nature: