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Climate Change update

Summary:
Extreme weather events resulting from the changing climate are threatening some 40 percent of the world’s recoverable oil and gas reserves, risk consultancy Verisk Maplecroft has said in a new report.The portion is equal to some 600 billion barrels of oil equivalent, the report’s authors also said. Some 10.5 percent of the global recoverable oil and gas reserves are located in places that were rated as extremely risky under the consultancy’s Climate Change Exposure Indices, while the other 29.5 percent were rated as highly risky.Among the events listed in the report are storms and floods, rising sea levels, and extreme temperatures....OilpriceClimate Change Is Threatening 40% Of All Global Oil And Gas ReservesIrina

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Extreme weather events resulting from the changing climate are threatening some 40 percent of the world’s recoverable oil and gas reserves, risk consultancy Verisk Maplecroft has said in a new report.

The portion is equal to some 600 billion barrels of oil equivalent, the report’s authors also said. Some 10.5 percent of the global recoverable oil and gas reserves are located in places that were rated as extremely risky under the consultancy’s Climate Change Exposure Indices, while the other 29.5 percent were rated as highly risky.

Among the events listed in the report are storms and floods, rising sea levels, and extreme temperatures....

Oilprice
Climate Change Is Threatening 40% Of All Global Oil And Gas Reserves
Irina Slav
https://oilprice.com/Energy/Crude-Oil/Climate-Change-Is-Threatening-40-Of-All-Global-Oil-And-Gas-Reserves.h…

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Climate Crisis at the Top of the World: Global Orders and Catastrophic Change
Alfred W. McCoy | Harrington professor of history at the University of Wisconsin-Madison.
https://tomdispatch.com/climate-crisis-at-the-top-of-the-world/?utm_source=TomDispatch

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Make No Mistake: Hydrogen = Fracking
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Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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