this post was submitted on 11 Jun 2024
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Discussion of climate, how it is changing, activism around that, the politics, and the energy systems change we need in order to stabilize things.

As a starting point, the burning of fossil fuels, and to a lesser extent deforestation and release of methane are responsible for the warming in recent decades: Graph of temperature as observed with significant warming, and simulated without added greenhouse gases and other anthropogentic changes, which shows no significant warming

How much each change to the atmosphere has warmed the world: IPCC AR6 Figure 2 - Thee bar charts: first chart: how much each gas has warmed the world. About 1C of total warming. Second chart: about 1.5C of total warming from well-mixed greenhouse gases, offset by 0.4C of cooling from aerosols and negligible influence from changes to solar output, volcanoes, and internal variability. Third chart: about 1.25C of warming from CO2, 0.5C from methane, and a bunch more in small quantities from other gases. About 0.5C of cooling with large error bars from SO2.

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US Oil Output to Fall Next Year Unless Rig Counts Rise, Key Energy Investor Says (www.bloomberg.com)
submitted 5 months ago by silence7@slrpnk.net to c/climate@slrpnk.net
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Key background on how Permian reserves have been over-estimated

Archived copies of the article: archive.today ghostarchive.org

There is no reason to believe that rig counts will rise in the near term.

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[โ€“] Atelopus-zeteki@kbin.run 4 points 5 months ago (3 children)

Is this a BIG YAY, or a small yay? Seems like at least a small yay.

[โ€“] hotelbravo722@slrpnk.net 3 points 5 months ago

IMO its a "meh". Oil production is currently at an energy neutral state(amount of energy needed to extract is equal to the energy provided), in a decade or so its going to hit energy negative(energy needed to extract is more then energy provided). What should be happening is slow/begin halting extraction and storing all of that oil in the ground just in case we might need that energy surplus at some point in the future but that hurts quarterly profit returns so the oil executive solution to it is "suck it dry, not my problem".

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