“Driving down the demand for oil as renewable energy sources are becoming less expensive.”
By Dr. John J. Hidore
Earth Day was a True Global Success for Climate Change
May 7, 2016—In December of 2015 a conference was held in a suburb of Paris, France to discuss the necessary action to slow global warming. More heads of state attended that conference than had ever attended a single conference. There were 195 leaders attending, which is virtually every nation recognized by the United Nations. The outcome was that nearly all of the countries presented plans to reduce greenhouse gases in the near future. The date for signing the agreement was set for Earth Day, April 22, 2016. On that date representatives of 175 governments came together again in a special ceremony to confirm the commitments they made in Paris by signing the agreement. The two largest greenhouse gas emitters, the United States and China, were among those that signed. The remaining countries have until Earth Day 2017 to sign. What remains is for the individual countries to ratify the agreement. Enacting this agreement would be a huge step forward in slowing greenhouse gas emissions and global warming. The agreement was that the plans presented at the Paris conference would be in place by 2020. Many, if not most of the signers, expect to have their plans implemented before then.
Saudi Arabia Cuts Dependence on Oil
Saudi Arabia has changed direction on oil after nearly a century of dependence on the mining of oil to finance the nation. A number of problems have led to this major change in economic policy. Among them are the collapse of the price of oil on the international market and growing unemployment for younger people entering the job market. The sale of oil produced more than 70% of the state income in 2015. Saudi Arabia experienced close to $100 billion dollar national deficit in 2015 and is projecting an 85 billion dollar deficit in 2016. The rapid transition away from coal and oil as energy sources, and the greenhouse gasses they emit, is driving down the demand for oil as renewable energy sources are becoming less expensive.
The government has developed a new plan known as Vision 2030 that would diversify the Saudi economy. The plan would set up the largest government investment firm in the world. It includes selling a small stake in Aramco, the national oil company. The current estimated value of the company is three trillion dollars. It also eliminates 61 billion dollars worth of energy related subsidies to individuals, which have been used to support the royal family.
The Year Without a Summer
The Little Ice age was the coldest period in historic times. It occurred from the fifteenth to the nineteenth centuries and much of the earth experienced cooling. This past winter was the warmest winter on record in North America. Just 200 years ago during the Little Ice Age the colonies experienced the coldest summer on record. The year 1816 is known as “the year without a summer.” The year began with excessively low temperatures across much of the eastern seaboard. As spring came, the weather seemed to be cool, but not excessively so. In May however, the temperatures plunged. In New England, frost occurred every month. In Indiana, in the interior U.S., there was snow or sleet for 17 days which killed off seedlings before they had a chance to grow. The cold weather continued into June, when snow again fell, totally devastating any remaining crops. No crops grew north of a line between the Ohio and Potomac Rivers, and crop yields were scanty south of this line. In the pioneer areas of Indiana and Illinois, the lack of crops meant the settlers had to rely on hunting and fishing for their food. Reports suggest that raccoons, groundhogs, and the easily trapped passenger pigeons were a major source of food. The settlers also collected many edible plants which proved hardier than cultivated crops.
The cold hit Europe also. Alpine glaciers grew in size and advanced to lower elevations. The Thames River in England froze over many times. It has not frozen over since the winter of 1813-1814.
Alaskan Aquarium Innovation Cuts Greenhouse Gas Emissions
Many technological innovations are cutting greenhouse gas emissions. One such innovation is used by the Sea Life Center in Seward, Alaska. The Alaskan aquarium now draws 98% of its energy for heating and cooling from the sea. The center is getting heat energy from Resurrection Bay using a heat exchange system. Sea water contains a great deal of heat energy. The bay is about 900 feet (273m) deep, absorbing heat from the sun during the summer and retaining heat through the winter deep below the surface. A complex system of pipes carries heat from the bay into the Sea Life center, which can also be used for cooling. The center uses only a very small amount of energy from other sources, (2%)% and so has drastically cut the amount of greenhouse gas emissions.