Distinguished UK climate scientist, Professor Kevin Anderson, states very clearly that if we are serious about tackling climate change and reducing the risk of a global catastrophe, then there is no room whatsoever for any unconventional sources of energy such as shale gas or shale oil. 


 

Professor Anderson emphasises that if we are to avoid a disastrous climate change then we will have to leave as much as 3/4 of the known fossil fuel reserves in the ground. Processes such as hydraulic fracturing (fracking), being promoted by the US and UK governments among others as cleaner alternatives to coal should be abandoned as part of a much bigger directional shift in our energy generation. The trouble is that we are now burning coal in tandem with natural gas, so rather than an alternative, we simply have both. Rogue emissions from the fracking process have also raised significant alarm as they appear to be much higher than previously thought. Methane gas that escapes into the atmosphere is around 100 times more potent than carbon dioxide as a heat trapping gas over a 20 year period. This means short term warming is intensified creating further ice melt at the poles and disruption to global weather patterns.

 

With the recent collapse in the price of oil, institutional investors may be wise to start thinking about moving their traditional carbon based investments into the renewable energy sector. This would signal a change in direction that would benefit global climate and the future of life on the planet. It would also see a spike in employment and stimulate genuine economic growth.

 

We live in hope!

 

Special thanks to colleague Mike Coe for conducting this interview and making the footage available to us.

 

Post by Nick Breeze (Interview with Prof. Kevin Anderson produced by Mike Coe)

 

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