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May 2015

Fossil Fuel Subsidies: World Monetary Fund

By Uncategorized

The International Monetary Fund (IMF) has completed a new study that accounts fro global fossil fuel subsidies. Highlights of the study are listed below (from the report introduction): Post-tax energy subsidies are dramatically higher than previously estimated—$4.9 trillion (6.5 percent of global GDP) in 2013, and projected to reach $5.3 trillion (6.5 percent of global…

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Temperature Pause 8: Abrupt Increase in Indian Ocean Heat Content

By Oceans, pause hiatus, Temperature

Once again we ask “why has the apparent global temperature lagged behind accelerating CO2 emissions”? The reasons are numerous and logical, yet the media and prominent climate change deniers continue to ignore their significance, if they even understand they exist at all. Cherry picking the beginning point of the so-called hiatus by starting it during…

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