According to a new report,
- 350,000 individuals die every year as a result of climate change we’ve already experienced;
- More than 99 percent of the mortality is occurring in developing countries;
- 5 million will die over the next 10 years if we don’t change;
- Nearly 1 million will die every year starting in 2030 if action isn’t taken; and
- Climate change drains $150 billion from the global economy every year.
This blog post is from our colleague, Ed Marshall
In New England where I'm writing this, insulation is typically thought of as a way to keep the cold out and heating costs down. In hot climates, however, it's a way to keep the air conditioned cold in and the hot out. Think of your beach cooler keeping the ice from melting and, in turn, your beer cold. Same concept.
A recent Reuters story notes that the Saudi government is undertaking an ambitious program to cut energy use by some 40 percent, “largely by enforcing investment in insulation”. So, why the Saudi push to insulate? They need the money - specifically, the money made selling oil. The Reuters story quotes a Saudi official noting that 70-80 percent of their energy use goes to air conditioning and they use oil to generate the majority of their electricity. With a growing population and an extreme dependence on fossil fuels to subsidize the amenities of a comfortable life (cheap electricity, plentiful food, cars, roads, etc), the Saudis are staring at a classic export land problem.
Almost half of Saudi Arabia's GDP is directly related to oil exports. Some 75 percent of its government revenue comes from the oil industry. The more oil the Saudis use, the less is available for export, even as production from their aging oil fields slowly declines. The reduction in exports helps push up prices on the open market, increasing cash flow which encourages domestic economic growth and energy use. Eventually, this domestic demand increases enough to materially reduce revenue from oil exports, squeezing subsidies that support things like cheap and plentiful food and fuel. Exposing the national population to unsubsidized prices is politically perilous. Hello Cairo.
According to the World Wildlife Fund's Living Planet Report, we're currently consuming 50% more natural resources than the earth can sustain, which means we'll require the resources of at least two whole earths by 2030 to avoid humanity's version of bee colony collapse.
Chicken Little hyperbole? Perhaps.
But Aussie cartoonist Stuart McMillen provokes chilling thought on the matter when he asks and illustrates "What happens when you introduce a couple dozen or so reindeer to an isolated island of untouched natural resources?"