Intoxicated by possibility Avatar


I’ll see your natural disasters and raise you a price on carbon

Watching $50B+ wiped out because of a storm, reading Mike Bloomberg’s endorsement of Obama, and looking at a study that show that the number of natural disasters costing $1B+ doubled in the last 15 years - reminds me of a poignant story in recent American politics:

Three senators (a maverick Republican, a soul-searching Democrat and an independent seeking redemption from a failed VP bid), coming together to push a non-partisan climate legislation in 2010. Politics, negotiations and deal-making at its best, only to be beaten down by three forces from all sides of the political spectrum: (a) the chaotic White House of Obama (b) the radical Tea Party movement pushing the GOP towards the extreme right and (c) an uneducated public. 

Here is the story (at The New Yorker). A long read, but worth it. 
And why am I (and Bloomberg, and others) talking about Sandy and climate change in the same vein? Let me steal words from Jon Foley, a professor at UMN

“Would this kind of storm happen without climate change? Yes. Fueled by many factors. Is storm stronger because of climate change? Yes.”

“We can’t say that steroids caused any one home run by Barry Bonds, but steroids sure helped him hit more and hit them farther. Now we have weather on steroids.”
I only hope we act. Soon.
- Your friendly neighborhood oilman