The U.N. Intergovernmental Panel on Climate Change (IPCC) has just issued its third of four planned reports. This one is on “mitigation” — “human intervention to reduce the sources or enhance the sinks of greenhouse gases.”
Articles: fossil fuel production (3)
Ultimately, the issue is that to extract oil or any fossil fuel, we have to keep the financial and political systems together. These systems can be expected to fail, far before we run out of oil in the ground.
In case you haven’t been able to keep up with all the details and implications of ever-spiralling global energy use, the financial risks are increasingly varied.