A week from the Paris summit on Climate Change, the umpteenth summit short, it seems that already have a firm commitment. Despite rumors so that to achieve a global commitment has begun to thin, and certainly this end the umpteenth summit bankruptcy. The point is that we have the G20 and the EU to form the block of developed countries, these are countries that issue, as well as due to economic globalization oblige countries to be also highly polluting. And on the other side we have the capital world of the need to produce as much energy to transport, has opted for the safest source of energy are: fossil fuels. As I explained in "Why the oil and coal consumption increase every day?" Everyone is embarked on this energy, now leave it would cause many losses.
Extreme weather growth
We passed many years of climate conferences and summits with big headlines, statements, commitments and timetables which we never fulfilled. One reason for this was the lack of awareness of the problem that had public opinion. This was due to the lack of knowledge of the situation, in part because it has not begun to appreciate until now that the extreme weather impacts us, and above all to be confused with the cacophony that produce the amount of environmental messages calls on this topic.
Although the most important reason is the economy. As I said, our world colonized by the fossil fuels: oil, gas and coal. Renewable energy sources do not provide the flexibility or power you have fossils when something problematic for many processes requires a lot of energy at peak times, which would require a rethinking of global energy use and in the context of free will as the current is impossible. Moreover, the business of the fossil is a consolidated business: distribution operation, assured customers, raw materials for more than a century, and financing secured. Oil has become a safe business with a lot of money invested that are difficult to recover; therefore the financial economy allied with fossil energy to block, delay and pressure all possible measures.
Fossil energy has kidnapped the economy. In the same way that agricultural products are bought long before there even to cultivate the fields, oil futures also purchase. The miracle that still maintains high oil prices is that the price of oil extracted today was set some years ago. Today with the fall in demand and the intrusion of hydrocarbons obtained from unconventional way, the price would fall and consequently ruin investors; but these investors, as happened in the housing crisis, which have been securitized and a fall of this price will be ahead of the financial economy, in what is called the Bubble Coal.
Today we play mislead regarding climate while the weather worsens. However Paris has come concern. Input the rapid increase of CO2 (In 30 years it has increased the pace of accumulation of CO2 in the atmosphere) and the evidence of that methane hydrides begin to release the seabed (The fossil CO2 is going out Permafrost) has alerted authorities that they believed to have things very controlled. However the current president of the USA (Obama) needs a glorious end to his disastrous administration, has accelerated a global commitment to climate, this opens up hope though very weak because only a victory presumed Republican candidate, will retract the second biggest polluter of the World, its commitments. Urgent measures are needed especially because the situation is accelerating, but world leaders are still very busy with the economic crisis and the interests of lobbies, to pay attention putting attention on climate bubble if it bursts it delete us.