A March 12 article in the Tri-City Herald spoke to a drop in the price of oil and attributed it to a slow down in China's economic growth, which was "only" 7.7 percent in 2013.
On March 10, the chief of Exxonmobil's strategic research unit gave a presentation at the Pacific Northwest National Laboratory in which he showed energy demand between 2010 and 2040 soaring, principally because of the growth of the Chinese, Indian, and other Asian and non-OECD (Organization for Economic Co-operation and Development) economies. About 60 percent of the energy demand would continue to be met by oil and natural gas. Coal would continue to be a major source for energy. Nuclear and renewables showed only modest growth.
The Energy Information Agency (EIA) forecasts that global carbon dioxide emissions will increase to 45 billion metric tons by 2040 -- an increase of 46 percent!
This is bad news for the Earth's climate. Atmospheric CO2 concentration is already higher than it's ever been in human history. The effect of CO2 on global warming is unequivocal. We need urgently to slow down emissions growth. And we can do it without slowing down economic growth. Check out the carbon fee and dividend proposal at the CitizensClimateLobby website: tinyurl.com/lobby-carbon.
RICHARD BADALAMENTE, Kennewick