Ding dongRussia’s Gazprom and its oil arm Gazprom Neft have agreed with the Vietnamese energy company Petrovietnam to jointly develop Russia’s Arctic offshore oil and gas
More exploration. We're going to fry in oil.
t'roubles in t'arctic
Moderator: Peak Moderation
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emordnilap
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t'roubles in t'arctic
More exploration. We're going to fry in oil.
I experience pleasure and pains, and pursue goals in service of them, so I cannot reasonably deny the right of other sentient agents to do the same - Steven Pinker
If oil stays below $80 then only government subsidy will provide the cash to develop most arctic oil.
The environment's best bet is a hard financial crash leading to massive deflation and deep depression, lasting 20 years or more. By the end of that, the technological skills to extract the most damaging oil and gas will have been lost, and the total carbon that humanity will be in a position to burn will have been substantially reduced.
Society will not meaningfully reduce carbon emissions voluntarily.
The environment's best bet is a hard financial crash leading to massive deflation and deep depression, lasting 20 years or more. By the end of that, the technological skills to extract the most damaging oil and gas will have been lost, and the total carbon that humanity will be in a position to burn will have been substantially reduced.
Society will not meaningfully reduce carbon emissions voluntarily.
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emordnilap
- Posts: 14823
- Joined: 05 Sep 2007, 16:36
- Location: here
Yes and no.Tarrel wrote:Agreed. Are we ready for it?The environment's best bet is a hard financial crash leading to massive deflation and deep depression, lasting 20 years or more.
I experience pleasure and pains, and pursue goals in service of them, so I cannot reasonably deny the right of other sentient agents to do the same - Steven Pinker