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A prolonged period when more oil has been consumed than pumped has drained tank farms to low levels. Investment in new drilling for new oil has also fallen to multiyear lows, though it is expected to pick up this year. At the same time, demand is expected to grow strongly, reaching prepandemic levels this year.

Energy Aspects forecasts that the deficit will reach just over one million barrels a day this month, or 1 percent of world supplies, and will probably increase later in the year.

Following a schedule agreed to in July, the group plans to raise the overall output by 400,000 barrels a day each month, even though they are missing the targets.

Nigeria’s industry is plagued by damage to infrastructure caused by oil thieves and others, problems that have worsened in recent months, according to the industry.

Kamel al-Harami, a Kuwaiti analyst, said that the domestic industry “does not have the experience and the expertise to deal with old and aged oil fields” but that public opinion is resistant to bringing in international companies.

A variety of factors are causing production in some countries to fall short, including political turmoil, outmoded regulatory regimes and pressures on international oil companies to rethink their investments so as to bolster profits and reduce carbon emissions. That shift could leave developing countries that depend on oil income out in the cold.

Analysts say Saudi officials don’t want to unilaterally increase output and risk busting up the arrangement with other producers that gives them so much control.

A big portion. There now are 29 special funds, with the largest among them allowed to borrow and spend over multiyear periods up to €869 billion, all of it backstopped by taxpayers but none of it folded into the general budget, where it would be subject to the debt brake

Before the court ruling, special-fund net borrowing in 2023 was expected to reach €147 billion, compared with on-balance-sheet borrowing of €45.6 billion. The constitutional court finally has caught on.

At a stroke, €60 billion has vanished from the budget. And that might not be the only disappearing cash. Finance Minister Christian Lindner—never enthusiastic about any of this spending anyway—believes a separate pot of money slated for energy-price subsidies also may run afoul of the newly articulated constitutional requirement. The size of that fund: €200 billion

Industry is fleeing Germany. The new green jobs the net-zero left promised require enormous subsidies. And Berlin must offer generous handouts, probably permanent, to individual households to shield them from the crippling energy-price consequences of decades of accumulated policy errors.

Ameliorating all of this was meant to be paid for on the sly via borrowing concealed in various Sondervermögen. No longer

Germany long ago perfected the art of green virtue signaling. Now it will have to conduct a substantive debate about whether the negligible global benefits of Germany’s slashing carbon emissions are worth the costs, especially if money must be diverted from other policy priorities such as social welfare.

Critics on the left will argue this all could be solved easily if only those hidebound Teutons weren’t so neurotic about budget balance. This crowd will note that Berlin could simply borrow more on the general budget, which it still can do relatively cheaply, and use the proceeds to sustain the net-zero transition and much other spending. Politico was quick off the mark, calling this a “make-believe debt crisis.”

Mr. Scholz is in political trouble because it was never clear how his center-left Social Democrats could govern in a coalition with Mr. Lindner’s free-market Free Democratic Party and the eco-leftist Greens. The special-budget trick was politically essential because it allowed all three parties to skirt the budget bargaining that would expose their deep ideological differences.

Those splits are out in the open now. Berlin is going to have to cut spending (on what?) or raise revenue (from where?) or borrow (how much?) to fill the net-zero funding gap—or, not impossible, conclude Germans don’t care that much about net zero after all

The key point is that Berlin’s budget process is no more dysfunctional than any other Western government’s. It’s merely more honest, at least now that the court has stepped in.

the projections made 5-10 years ago for the installation of solar and wind technologies were, similarly, not just wrong but way wrong. We’ve seen a dramatic increase that’s far more rapid than anybody projected and it’s accelerating — not just in the United States but even more rapidly in developing countries.

Once questions are resolved into a choice between right and wrong, then the laws change. It happened with civil rights. It’s happening now with gay rights. It happened with apartheid and, in an earlier era, with abolition. And this is now being resolved into a question of right and wrong.

the odds have shifted and those events are becoming more common and extreme. They’ve now changed their description of that connection. The temperature has increased globally and there’s now 4 percent more water vapor in the Earth’s atmosphere than 30 years ago. As a result, every extreme weather event now has a component of global warming in it.

people are connecting the dots. The cumulative amount of energy trapped by manmade global warming pollution each day in the earth’s atmosphere is now equal to the energy that would be released by 400,000 Hiroshima bombs going off every 24 hours.

The leading scientists have in the last two years changed the way they discuss that particular connection. It’s true that it used to be common for them to say you can’t blame any single extreme weather event on global warming.

remember the impact of policy direction on business calculations is forward-looking. When business begins to understand the direction of policy, they have to start adjusting to where the policy is going. When you look at the EPA process, it’s undeniably clear that there will be a price on carbon one way or the other. Then when you look at the movement in other countries and the states and local measures being enacted, the direction is now quite clear and businesses are making plans to adjust to it.

I think the most important part of it is winning the conversation. I remember as a boy when the conversation on civil rights was won in the South. I remember a time when one of my friends made a racist joke and another said, hey man, we don’t go for that anymore. The same thing happened on apartheid. The same thing happened on the nuclear arms race with the freeze movement. The same thing happened in an earlier era with abolition. A few months ago, I saw an article about two gay men standing in line for pizza and some homophobe made an ugly comment about them holding hands and everyone else in line told them to shut up. We’re winning that conversation.

the political climate is changing. Something like Chris Hayes’s excellent documentary on climate change wouldn’t have made it on TV a few years ago. And as I said, many Republicans who’re still timid on the issue are now openly embarrassed about the extreme deniers. The deniers are being hit politically. They’re being subjected to ridicule, which stings. The polling is going back up in favor of doing something on this issue. The ability of the raging deniers to stop progress is waning every single day.

the United States could halve by 2030 the oil used in cars and trucks compared with 2005 levels by improving the efficiency of gasoline-powered vehicles and by relying more on cars that use alternative power sources, like electric batteries and biofuels.

New York State — not windy like the Great Plains, nor sunny like Arizona — could easily produce the power it needs from wind, solar and water power by 2030

“You could power America with renewables from a technical and economic standpoint. The biggest obstacles are social and political — what you need is the will to do it.”

“There is plenty of room for wind and solar to grow and they are becoming more competitive, but these are still variable resources — the sun doesn’t always shine and the wind doesn’t always blow,” said Alex Klein, the research director of IHS Emerging Energy Research, a consulting firm on renewable energy. “An industrial economy needs a reliable power source, so we think fossil fuel will be an important foundation of our energy mix for the next few decades.”

improving the energy efficiency of homes, vehicles and industry was an easier short-term strategy. He noted that the 19.5 million residents of New York State consume as much energy as the 800 million in sub-Saharan Africa (excluding South Africa)

a rapid expansion of renewable power would be complicated and costly. Using large amounts of renewable energy often requires modifying national power grids, and renewable energy is still generally more expensive than using fossil fuels

Promoting wind and solar would mean higher electricity costs for consumers and industry.

many of the European countries that have led the way in adopting renewables had little fossil fuel of their own, so electricity costs were already high. Others had strong environmental movements that made it politically acceptable to endure higher prices

countries could often get 25 percent of their electricity from renewable sources like wind and solar without much modification to their grids. A few states, like Iowa and South Dakota, get nearly that much of their electricity from renewable power (in both states, wind), while others use little at all.

America is rich in renewable resources and (unlike Europe) has the empty space to create wind and solar plants. New York State has plenty of wind and sun to do the job, they found. Their blueprint for powering the state with clean energy calls for 10 percent land-based wind, 40 percent offshore wind, 20 percent solar power plants and 18 percent solar panels on rooftops

the substantial costs of enacting the scheme could be recouped in under two decades, particularly if the societal cost of pollution and carbon emissions were factored in

He was referring to warnings that assets worth trillions of dollars are at risk of being stranded, or rendered obsolete, including vast coal and oil deposits that will most likely have to be left in the ground if dangerous levels of global warming are to be prevented.

“I have come to believe that climate change is the existential issue of our age,” Mr. Rubin said. “I believe that investors should insist that companies disclose their risks, including the value of assets that could be stranded.”

“I actually do believe that we’re at a tipping point with the planet,” Mr. Paulson said in an interview at his home in Chicago. “A lot of things are going to happen that none of us are going to like to see.”

The campaign behind the new report, called Risky Business, is funded largely by three wealthy financiers who are strong advocates of action on global warming:

They commissioned an economic modeling firm that often does work for the oil and gas industry, the Rhodium Group, to assemble a team of experts who carried out the risk analysis. Trevor Houser, a Rhodium partner who led the study, sought to insulate the findings from the political opinions of the sponsors, in part by setting up a committee of leading climate scientists and environmental economists who reviewed the work.

Coastal counties, home to 40 percent of the nation’s population, will take especially large hits from the rise of the sea, which could swallow more than $370 billion worth of property in Florida and Louisiana alone by the end of the century.

the global sea level could increase roughly a foot by 2050, and double or triple that by century’s end. A rise of as much as six or eight feet cannot be entirely ruled out, but that is more likely in the next century.

Given that land is sinking in Louisiana even faster than the sea is rising, 4.1 percent to 5.5 percent of all insurable property in that state will be below mean sea level by 2050, the report predicted. By 2100, that figure could reach 15 percent to 20 percent. In Florida, 1 percent to 5 percent of all properties could fall below sea level by 2100, the report said.

the combination of heat and humidity projected for some regions, particularly the Southeast, at century’s end means that anyone working outside at certain times will face a high risk of life-threatening heat stroke.

And in the 22nd century, much of the eastern half of the country could face these conditions for weeks on end, the researchers predicted.

By the end, Safina is nearly a contrarian. Fertilizer runoff from the Mississippi, he concludes, causes the gulf more harm than did BP, while the fishing ban that went into force just after the spill might have helped marine wildlife more than the oil hurt it.

Safina concludes that greenhouse gases from routine fossil fuel use — “That spill is invisible” — are far more worrisome than what happened in the gulf. He asserts that true market pricing of gasoline to reflect its cost in atmospheric harm — that is, a carbon tax — would be a better response to the gulf spill than cleaning birds.

Moody’s Investors Service, a major credit ratings agency, has already said that it wants to take climate into account when weighing the financial health of companies and municipalities.

t says that “water- and vector-borne diseases such as malaria and dengue fever will likely be the largest direct effect of changes in human health and the associated productivity loss.”

The hardest-hit economies will be some of the fastest-growing ones — Brazil, Russia, India, China and South Africa, the report says.

report also forecasts lower oil and natural gas demand, dealing a blow to oil-exporting countries, especially in the Middle East. It forecasts that Saudi GDP will drop more than 10 percent by 2048; the kingdom would be the country harmed the most by climate change, hurting government revenue

Of the 12 largest economies, India will be the worst hit, the report says, with GDP growing 2.5 percentage points more slowly than it would without the effects of climate change

The country’s service industry will be hit by heat stress, agricultural productivity will fall, and health-care costs will climb

the scenarios only go through 2048. The Moody’s report says “the distress compounds over time and is far more severe in the second half of the century.”

He added: “Most of the models go out 30 years, but, really, the damage to the economy is in the next half-century, and we haven’t developed the tools to look out that far.”

That’s why it is so hard to get people focused on this issue and get a comprehensive policy response,” Zandi said. “Business is focused on the next year, or five years out.”

Chubb, one of the biggest insurance firms in the United States, on Monday said it would no longer sell insurance to new coal-fired power plants or sell new policies to companies that derive more than 30 percent of their revenue from the mining of coal used in power plants.

Hammond said that the company still needs to stop insuring new coal mines and the oil sands, or tar sands, in northern Alberta.

“new coal projects cannot be built without insurance, and Chubb just dealt a blow to the dozens of companies that are still betting on the expansion of coal globally.”

the chief economist of Equinor, the Norwegian oil company previously known as Statoil, has written a report that looks at three scenarios for climate change and its impact on global economies, especially on energy. Only one of those, the report said, would lead to a sustainable path, but that path comes with enormous challenges. To reach that set of targets by 2050, “almost all use of coal must be eradicated

oil demand would need to be halved, and natural gas demand trimmed by more than 10 percent.

more than half of new cars would have to be electric vehicles by 2030

Electricity demand will double, yet wind and solar would equal the entire current electricity output, a leap from current levels

Waerness also said that the company currently assumes a carbon price of $55 a ton when considering whether to finance new energy projects

Classes will be online-only until further notice. Smart. But at some point parents will surely ask, “Why again are we paying 78 grand a year?” Is the end of universities far behind?

What about mobile and cloud computing, and even the stock market and its trillion-dollar valuations? It’s worth asking, as venture capital and private equity using cheap debt are keeping companies private longer, or forever

No, growth will still rule, but with a different set of leaders. In the bio world, DNA sequencing and Crispr gene editing are starting to ramp up.

Health care will be transformed by new ways to detect and treat cancer and other ways to cure previously incurable diseases like sickle-cell anemia.

Here’s hoping for some knock-your-socks-off new mobile products. Note also that we’re only about a third of the way into the cloudification of enterprises. And we’re only beginning to master machine learning and artificial intelligence, with their ability to find patterns that humans can’t. I think the next tech era will be driven by implementation of AI-infused systems into every business.

the past 30 year’s tech abundance means the developing world’s billions will finally see productivity improvements and attract an increasing share of investment. That’s probably right.

"Japan can meet an even higher goal if the government takes all possible measures to promote investments for renewable energy and energy savings," she said."It would be also important to introduce a carbon pricing mechanism to hasten the exit of coal-fired power plants and to bolster competition among power generators to make their portfolio greener,

A widespread view among economic policy elites, after the runaway inflation in the 1970s and early 1980s, was that elevated unemployment was a necessary cost of keeping prices stable. Also, that the government can’t spend much more money than it takes in without crowding out private investment — leaving the economy weaker over time — and that policymakers should act pre-emptively to ward off these risks.

It may not have been the best economy ever, as he has repeatedly claimed, but it was easily the strongest since the late 1990s, and before that you have to go back to the late 1960s to find similar conditions.

And the Fed cut interest rates starting in 2019 despite a very low jobless rate, implicitly accepting the premise that it had moved too aggressively with rate increases to prevent inflation that never arrived.

Yet from spring of 2018 to the onset of the pandemic, the United States experienced a jobless rate of 4 percent or lower, with no obvious sign of inflation and many signs that less advantaged workers were able to find work.

A central question for Mr. Biden will be: To what degree is the Trump-era economic success a result of policies that liberals disagree with, to what degree is it a result of policies that Mr. Biden might embrace, and to what degree is it just luck?

Mr. Mulligan and other allies of the president emphasize the role of deregulating major industries and lowering taxes on business investment — microeconomic strategies — as crucial to the economy’s success.

The Biden administration and Democratic Congress will view more aggressive regulation as a core goal, aimed at preventing corporate misbehavior, protecting the environment, and more. Indeed, left-leaning economists would argue that the very policies Mr. Mulligan credits with the boom are the least durable parts of the Trump-era expansion.

If you believe Mr. Mulligan and other Trump allies, the macroeconomic lessons of the Trump years — those having to do with things like deficits, inflation and interest rates — won’t be enough for the Biden administration to recreate the 2019 economy. In this view, the microeconomic details of how the president has governed will be crucial, and the policies that Mr. Biden has advocated — in areas as varied as tighter restrictions on carbon emissions and more aggressive regulation of banks — will prove counterproductive to the cause.

If inflation were to remain persistently low, she said, “a more radical rethinking of the economy’s productive potential would surely be in order.”

She said that a high-pressure economy — one where unemployment is low and employers have to compete for workers — improves upward mobility

Mr. Powell, who will lead the Fed for roughly the first year of Mr. Biden’s term and then will be either reappointed or replaced in February 2022, has also become a vocal enthusiast for avoiding these mistakes of the past.In the strong pre-pandemic labor market, he said in an August speech on the Fed’s new policy framework, “many who had been left behind for too long were finding jobs, benefiting their families and communities, and increasing the productive capacity of our economy.”

President-elect Biden has embraced these lessons in shaping his agenda, as he made clear in a news conference Friday where he confirmed that his plans will add up to trillions of dollars when one includes both pandemic response money and longer-term plans.“With interest rates as low as they are,” Mr. Biden said, “every major economist thinks we should be investing in deficit spending to generate economic growth.”

or decades, the country’s leading oil and gas companies have understood the science of climate change and the dangers posed by fossil fuels. Year after year, top executives heard it from their own scientists whose warnings were explicit and often dire.

In 1979, an Exxon study said that burning fossil fuels “will cause dramatic environmental effects” in the coming decades.“The potential problem is great and urgent,” it concluded.

o investigate the lengths of the oil and gas industry’s deceptions – and the disastrous consequences for communities across the country – the Guardian is launching a year-long series tracking the unprecedented efforts to hold the fossil fuel industry to account.

the legal reasoning behind foreign court judgments are unlikely to carry much weight in the US and domestic law is largely untested. In 2018, a federal court knocked back New York City’s initial attempt to force big oil to cover the costs of the climate crisis by saying that its global nature requires a political, not legal, remedy.

Among them is a 1988 Exxon memo laying out a strategy to push for a “balanced scientific approach”, which meant giving equal weight to hard evidence and climate change denialism. That move bore fruit in parts of the media into the 2000s as the oil industry repositioned global heating as theory, not fact, contributing to the most deep-rooted climate denialism in any developed country.

Other climate lawsuits, including one filed in Minnesota, allege the oil firms’ campaigns of deception and denial about the climate crisis amount to fraud. Minnesota is suing Exxon, Koch Industries and an industry trade group for breaches of state law for deceptive trade practices, false advertising and consumer fraud over what the lawsuit characterises as distortions and lies about climate science.

Farber said cases rooted in claims that the petroleum industry lied have the most promising chance of success.“To the extent the plaintiffs can point to misconduct, like telling everybody there’s no such thing as climate change when your scientists have told you the opposite, that might give the courts a greater feeling of comfort that they’re not trying to take over the US energy system,” he said.

The public nuisance claim, also pursued by Honolulu, San Francisco and Rhode Island, follows a legal strategy with a record of success in other types of litigation. In 2019, Oklahoma’s attorney general won compensation of nearly half a billion dollars against the pharmaceutical giant Johnson & Johnson over its false marketing of powerful prescription painkillers on the grounds it created a public nuisance by contributing to the opioid epidemic in the state.

Exxon set up equipment on a supertanker, the Esso Atlantic, to monitor carbon dioxide in seawater and the air. In 1982, the company’s scientists drew up a graph accurately plotting an increase in the globe’s temperature to date.

“The 1980s revealed an established consensus among scientists,” the Minnesota lawsuit against Exxon says. “A 1982 internal Exxon document … explicitly declares that the science was ‘unanimous’ and that climate change would ‘bring about significant changes in the earth’s climate’.”Then the monitoring on the Esso Atlantic was suddenly called off and other research downgraded.

Year after year, Exxon scientists recorded the evidence about the dangers of burning fossil fuels. In 1978, its science adviser, James Black, warned that there was a “window of five to ten years before the need for hard decisions regarding changes in energy strategy might become critical”.

newspapers to sow doubt. One in the New York Times in 2000, under the headline “Unsettled Science”, compared climate data to changing weather forecasts. It claimed scientists were divided, when an overwhelming consensus already backed the evidence of a growing climate crisis, and said that the supposed doubts meant it was too soon to act.

Exxon’s chairman and chief executive, Lee Raymond, told industry executives in 1996 that “scientific evidence remains inconclusive as to whether human activities affect global climate”.“It’s a long and dangerous leap to conclude that we should, therefore, cut fossil fuel use,” he said.Documents show that his company’s scientists were telling Exxon’s management that the real danger lay in the failure to do exactly that.

In 2019, Martin Hoffert, a professor of physics at New York University, told a congressional hearing that as a consultant to Exxon on climate modelling in the 1980s, he worked on eight scientific papers for the company that showed fossil fuel burning was “increasingly having a perceptible influence on Earth’s climate”.

Exxon worked alongside Chevron, Shell, BP and smaller oil firms to shift attention away from the growing climate crisis. They funded the industry’s trade body, API, as it drew up a multimillion-dollar plan to ensure that “climate change becomes a non- issue” through disinformation. The plan said “victory will be achieved” when “recognition of uncertainties become part of the ‘conventional wisdom’”.

The fossil fuel industry also used its considerable resources to pour billions of dollars into political lobbying to block unfavourable laws and to fund front organisations with neutral and scientific-sounding names, such as the Global Climate Coalition (GCC). In 2001, the US state department told the GCC that President George W Bush rejected the Kyoto protocol to reduce greenhouse gas emissions “in part, based on input from you”.

“Big oil was engaged in exactly the same type of behaviour that the tobacco companies engaged in and were found liable for fraud on a massive scale,” said Eubanks. “The cover-up, the denial of the problem, the funding of scientists to question the science. The same pattern. And some of the same lawyers represent both tobacco and big oil.”

consider the proposed changes to energy-efficiency building codes, which get updated every three years. This round, the homebuilders have opposed changes that include requiring better insulation in attics and air ducts, as well as a proposal requiring new houses to be equipped with the circuitry required to install a plug for an electric vehicle — potentially making it easier for homeowners to switch to electric cars in the future.

The homebuilding industry says it opposes proposals that would make houses more expensive, pricing people out of the market.

Advocates for tougher building codes say the effects of decisions like these will be felt for generations as global warming leads to more powerful storms and higher risk of damage to property.

What would Mill have said if England had had then, as it does now, a public health system in which everyone shared the cost of treatment for alcoholism? What would he have said about smoking if he knew about the effects of secondhand smoke? Indeed, secondhand smoke is rapidly becoming a metaphor for our time.

Am I being too alarmist? Possibly. Sweeping legislative proposals like the Green New Deal places virtually all of the burden on utilities and industry, rather than end-users like us, by imposing a price on carbon

The other obvious objection to my scenario would be, in effect, so what? The First Amendment doesn’t protect your right to eat steak

Yet that’s not quite right. Very few of us care so much about our rights of speech or conscience

in 1819, Constant wrote that the democrats of Greece and Rome, like the revolutionaries of his own day, “admitted as compatible with this collective freedom the complete subjection of the individual to the authority of the community.”

By contrast, Constant wrote, “the aim of the moderns is the enjoyment of security in private pleasures, and they call liberty the guarantees accorded by institutions to those pleasures.”

One man’s meat is another man’s poison, as F.D.R. put it, more prescient than he knew. In the cataclysm of the Depression, the president was able to summon up the sense of collective purpose needed to embark on large-scale change

We moderns build institutions, and establish tacit norms, to guarantee the security of such private pleasures. That’s liberal individualism.

But what do we do once we see that some of those choices threaten the health and lives of others? We will have to strike a new equilibrium between what society has the right to demand of us and what we have a right to retain for ourselves.

F.D.R. was a liberal — that was the word he used to describe himself — but he was willing to restrict some liberties in order to advance larger ones. A liberal, as he once put it, was prepared to use government to ensure the ordinary citizen “the right to his own economic and political life, liberty, and the pursuit of happiness.”

Liberal societies, in short, have always faced the problem of secondhand smoke, but what once was exceptional has now become endemic.

Constant wasn’t thinking of Marie Antoinette’s right to play at shepherdess while her subjects starved, but the right to open a shop and build yourself a home rather than be drafted into Napoleon’s army

Our own crisis, of course, still appears to many far too remote for any such call to sacrifice.

Can we forge a new equilibrium before Miami is under water?

The Dutch can reach consensus on painful social questions because they’ve spent the last thousand years working cooperatively to build dikes; the climate accord adopted last year came after a full year of discussion among representatives of all interest groups.

That’s not how American democracy works, and especially so in recent years. We allow those interest groups to wage a pitched battle using all the money and influence they can muster against one another. Legislation emerges only after a war of attrition.

Conversations about climate change have broken into everyday life, to the top of the headlines and to center stage in the presidential campaign.

The questions are profound and urgent. Can this be reversed? What can be done to minimize the looming dangers for the decades ahead? Will the destruction of recent weeks become a moment of reckoning, or just a blip in the news cycle?

“It’s as if we’ve been smoking a pack of cigarettes a day for decades” and the world is now feeling the effects

But, she said, “we’re not dead yet.”

Climate change is more a slope than a cliff, experts agreed. We’re still far from any sort of “game over” moment where it’s too late to act. There remains much that can be done to limit the damage to come, to brace against the coming megafires and superstorms and save lives and hold onto a thriving civilization.

The effects of climate change evident today are the results of choices that countries made decades ago to keep pumping heat-trapping greenhouse gases into the atmosphere at ever-increasing rates despite warnings from scientists about the price to be paid.

Nations, including the United States, have dithered so long in cutting emissions that progressively more global warming is assured for decades to come, even if efforts to shift away from fossil fuels were accelerated tomorrow.

Things are on track to get “twice as bad” as they are now, he said, “if not worse.”

it may be time to flip that chronological framing, and consider today the new starting point.

“Don’t think of it as the warmest month of August in California in the last century,” he wrote. “Think of it as one of the coolest months of August in California in the next century.”

Their most sobering message was that the world still hasn’t seen the worst of it. Gone is the climate of yesteryear, and there’s no going back.

“It’s not that it’s out of our control. The whole thing is in our control.”

Managing climate change, experts said, will require rethinking virtually every aspect of daily life

how and where homes are built, how power grids are designed, how people plan for the future with the collective good in mind.

It will require an epochal shift in politics in a country that has, on the whole, ignored climate change

The fires, along with others in places including Colorado, Oregon and Washington, destroyed entire towns and sent smoke tens of thousands of feet high. San Francisco, Portland and Seattle have suffered some of the unhealthiest air quality on the planet, beating cities such as Beijing and New Delhi for the title. Smoke spread all the way across the continent, with particles coloring sunsets on the East Coast.

Evidence of global warming — which, scientists said, helps drive a rise in wildfire activity by creating hotter and drier conditions — was hanging visibly in the air.

For a long time, “there was so much focus on how climate change would affect the most vulnerable, like low-lying island nations or coral reefs — things that don’t dramatically affect the economic powerhouses of the world,”

“There’s often been this arrogant assumption that wealth provides protection.”

“we’re all in this together.”

Again and again, climate scientists have shown that our choices now range from merely awful to incomprehensibly horrible.

every coal plant in China, every steel mill in Europe, every car and truck in the United States.

It’s a staggering task. It means reorienting a global economy that depends on fossil fuels

Even if we start radically slashing emissions today, it could be decades before those changes start to appreciably slow the rate at which Earth is warming. In the meantime, we’ll have to deal with effects that continue to worsen.

“Seriously, it is not reversible.”

First, experts broadly agreed, if we want to stop the planet from relentlessly heating up forever, humanity will quickly need to eliminate its emissions of planet-warming greenhouse gases.

Whether Americans can adopt that mentality remains an open question.“We’ve often heard the argument that it will be too expensive to cut emissions and it will just be easier to adapt,” said Noah Diffenbaugh, a climate scientist at Stanford University. But we’ve now had decades of warnings, he said, “and we’re not even adapted to the present climate.”

Failure to do so doubles or triples that number.

If we act now, sea levels could rise another 1 to 2 feet this century.

If we don’t, Antarctica’s ice sheets could destabilize irreversibly and ocean levels could keep rising at an inexorable pace for centuries, making coastal civilization all but unmanageable.

The best hope is to slow the pace of warming enough to maintain some control for humanity.

“In our research, we’ve found that most systems can cope with a 1.5-degree or 2-degree world, although it will be very costly and extremely difficult to adapt

“But in a 4-degree world, in many cases, the system just doesn’t work anymore.”

So, even as nations cut emissions, they will need to accelerate efforts to adapt to the climate change they can no longer avoid.

“The human capacity for adaptation is extraordinary — not unlimited, but extraordinary,”

“I’m much more concerned for the future of the nonhuman than I am for the future of humans, precisely because we’re just very, very good at adaptation.”

adaptation is usually a reactive measure, not a preventive one

Adapting to climate change means envisioning bigger disasters to come — again, flipping the framing away from history and into the future.

“Humans have difficulty imagining things that we haven’t experienced yet,”

It’s hard to visualize the entire West Coast aflame until you actually see it. And if we can’t see it, we tend to discount the risk.”

And there’s the moral hazard problem, which is when people are shielded from the costs of their decisions and thus make bad ones.

Cascading Disasters

Adaptation can quickly become bogged down in a tangle of competing motivations and unintended consequences.

Proposals for stricter building codes or higher insurance premiums face opposition from builders and voters alike.

If we cut emissions rapidly, about one-seventh of the world’s population will suffer severe heat waves every few years.

as climate change intensifies, it increases the risk of “compound hazards,” when numerous disasters strike simultaneously, as well as the risk that one disaster cascades into another.

Experts also noted that climate change is an accelerant of inequality. Those most affected, globally and in the United States, tend to be the most vulnerable populations.

One concern is that adaptability will not be a collective effort. Wealthier people may find ways to protect themselves, while others are left fending for themselves

A Lifetime of Clues

For well over a century, science has provided us with powerful clues that this was coming.

As early as the 1850s, researchers realized that greenhouse gases like carbon dioxide could trap heat on Earth. This came at the dawn of the Industrial Age,

“I feel like the climate scientists have kind of done our job,” said Dr. Kalmus, the Los Angeles-based scientist. “We’ve laid it out pretty clearly, but nobody’s doing anything. So now it’s kind of up to the social scientists.”

ne 2017 study found that people who experience extreme weather are more likely to support climate adaptation measures than before. But the effect diminished over time. It may be that people mentally adjust to unusual weather patterns, updating their perception of what they consider normal.

“There’s too much complexity and, frankly, too much that needs to be changed, that we’re flitting from one concern to another,”

“What’s beautiful about the human species is that we have the free will to decide our own fate,” said Ilona Otto, a climate scientist at the Wegener Center for Climate and Global Change. “We have the agency to take courageous decisions and do what’s needed,” she said. “If we choose.”

For all the challenges confronting him, the president attempted to stay optimistic. As Biden departed the news conference, he offered a thumbs up when asked if West Virginia Sen. Joe Manchin and Arizona Sen. Kyrsten Sinema — key Democratic votes — were on board with his $1.75 trillion spending package for families, health care and renewable energy. The president also shrugged off his recent decline in the polls, saying that numbers go up and down

Biden’s overall take on his efforts: On climate change, he’s got $900 billion planned for renewable energy, and Congress will vote this coming week.

The president did leave the G-20 with commitments by his fellow leaders on a global minimum tax that would make it harder for large companies to avoid taxes by assigning their profits to countries with low tax rates.

The president met Sunday with Turkish President Recep Tayyip Erdogan, whose office said the meeting was held in a “positive atmosphere” despite tensions over human rights and Turkey’s purchase of a Russian missile system, among other issues.

Biden heads Monday to the U.N. climate summit in Scotland, where he’ll once again face questions about whether the world’s wealthiest are doing enough to stop the warming of the Earth by moving away from fossil fuels.

The scale of the overall development is considerable. “Once fully implemented, Catalina will produce enough green hydrogen to supply 30% of Spain’s current hydrogen demand,” CIP said.

And in July 2021, a briefing from the World Energy Council said low-carbon hydrogen was not currently “cost-competitive with other energy supplies in most applications and locations.” It added that the situation was unlikely to change unless there was “significant support to bridge the price gap.”

For its part, the European Commission has laid out plans to install 40 GW of renewable hydrogen electrolyzer capacity in the European Union by the year 2030.