3 in a row - 16°C global warming, CO2 sequestration and economy

[auroraglacialis]

"The US study predicted that if society continues burning fossil fuels at the current rate, atmospheric levels of carbon dioxide could rise from the current level of 390 parts per million (ppm) to 1,000 by the end of this century. The last time the world had such high levels of carbon dioxide temperatures were on average 29F(16C) above pre-industrial levels.[...] But unlike last time, when it happened over millions of years, temperatures will rise too fast for species to adapt and change.[...]
He included 'feed back factors', such as melting sea ice, methane released from thawing permafrost and Amazon die-back."

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"[...] released a consultant's report Tuesday that links high concentrations of carbon dioxide in their soil to 6,000 tonnes of the gas injected underground every day by energy giant Cenovus (TSX:CVE) in an attempt to enhance oil recovery and fight climate change.[...]Paul Lafleur of Petro-Find Geochem found carbon dioxide concentrations in the soil last summer that averaged about 23,000 parts per million — several times those typically found in field soils. Concentrations peaked at 110,607 parts per million.Lafleur also used the mix of carbon isotopes he found in the gas to trace its source.'The ... source of the high concentrations of CO2 in the soils of the Kerr property is clearly the anthropogenic CO2 injected into the Weyburn reservoir,' he wrote."

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Ultimately, the view that income growth by itself eventually will be good for the environment also appears to be wrong because a causal relationship between income and environmental quality cannot be demonstrated

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