2018-04-15 — nakedcapitalism.com
The most recent climate data suggests that the world is on track to cross the two degrees of warming threshold set in the Paris accord in just 10 to 15 years, says Ingraffea in a 13-minute lecture titled "Shale Gas: The Technological Gamble That Should Not Have Been Taken," which was posted online on April 4.
That's if American energy policy follows the track predicted by the U.S. Energy Information Administration, which expects 1 million natural gas wells will be producing gas in the U.S. in 2050, up from roughly 100,000 today.
"Whereas the worst-case scenario brought us to 1.5 degrees Centigrade in 2040," he adds, "we're almost there today." ... It's an alarming message -- even though the shale rush has stumbled somewhat as gas prices collapsed and many drillers went bankrupt, the cumulative impact of American fracking appears to have set the entire world on a collision course with climate change's most extreme effects.
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