submitted 1 week ago by silence7@slrpnk.net to c/climate@slrpnk.net

Key background on how Permian reserves have been over-estimated

Archived copies of the article: archive.today ghostarchive.org

There is no reason to believe that rig counts will rise in the near term.

top 5 comments
sorted by: hot top controversial new old
[-] Atelopus-zeteki@kbin.run 4 points 1 week ago

Is this a BIG YAY, or a small yay? Seems like at least a small yay.

[-] hotelbravo722@slrpnk.net 3 points 1 week ago

IMO its a "meh". Oil production is currently at an energy neutral state(amount of energy needed to extract is equal to the energy provided), in a decade or so its going to hit energy negative(energy needed to extract is more then energy provided). What should be happening is slow/begin halting extraction and storing all of that oil in the ground just in case we might need that energy surplus at some point in the future but that hurts quarterly profit returns so the oil executive solution to it is "suck it dry, not my problem".

[-] BeardedBaker@lemmy.world 1 points 1 week ago

Good in the sense that reduced production will lead to marginally lower emissions, but bad in terms of price at the pump.

[-] Atelopus-zeteki@kbin.run 2 points 1 week ago

Seems this will help continue the trend towards micromobility and EV's. Near and far it seems people are really learning to depend on e-bikes, for instance.

[-] Reddfugee42@lemmy.world 1 points 1 week ago

Late stage capitalists and anti-science wingnuts are going to whip their brainless sheep into a froth

this post was submitted on 11 Jun 2024
42 points (97.7% liked)

Climate - truthful information about climate, related activism and politics.

4611 readers
549 users here now

Discussion of climate, how it is changing, activism around that, the politics, and the energy systems change we need in order to stabilize things.

As a starting point, the burning of fossil fuels, and to a lesser extent deforestation and release of methane are responsible for the warming in recent decades: Graph of temperature as observed with significant warming, and simulated without added greenhouse gases and other anthropogentic changes, which shows no significant warming

How much each change to the atmosphere has warmed the world: IPCC AR6 Figure 2 - Thee bar charts: first chart: how much each gas has warmed the world.  About 1C of total warming.  Second chart:  about 1.5C of total warming from well-mixed greenhouse gases, offset by 0.4C of cooling from aerosols and negligible influence from changes to solar output, volcanoes, and internal variability.  Third chart: about 1.25C of warming from CO2, 0.5C from methane, and a bunch more in small quantities from other gases.  About 0.5C of cooling with large error bars from SO2.

Recommended actions to cut greenhouse gas emissions in the near future:

Anti-science, inactivism, and unsupported conspiracy theories are not ok here.

founded 1 year ago