For years the issues has been out of control oil prices to the upside. Domestically that’s been a huge issue as energy independence became a rallying cry as the United States and other Western economies were at the mercy of OPEC and high oil prices.
In an historic development, 195 nations agreed to a framework to reduce carbon emissions and hopefully reduce the warming of the planet. It was a huge win for Barack Obama and others around the world who worked for years to bring this agreement about. Republicans are trashing the agreement, but this progress on climate change may be one of Obama’s most significant accomplishments.
Every time we get a cool day or a lot of snow, it seems like some genius has to chirp about global warming.
Well, not you have an interesting, but potentially very problematic, fact to throw back at them . . .
When you read this study claiming that sea levels in the US Northeast rose almost 3.9 inches between 2009 and 2010, you start to wonder just how bad all of this can get. The oceans are getting warmer, the ice caps are melting, and the ocean currents are also being disrupted.
Yes, similar changes have happened in the Earth’s history, but not with millions of people living along the coastlines.
Expect the global warming issue to blow up again as the Obama Administration gears up to issue new EPA regulations. Conservatives have argued for years now that anything the US does is moot given China’s massive pollution problem. But as Jonathan Cohen points out, China is finally starting to move on these issues, as even hard-core dictators can be affected by choking pollution:
This is a positive development, and hopefully it continues. If China gets more serious about this, then it can give political cover to those around the world trying to put a lid on carbon emissions.
Cohen points out that any new EPA regulations can put further pressure on China to act.
Expect to hear plenty of noise about this over the coming months.