What Colombia is to cocaine, the U.S. is to hydrocarbons—a supplier/pusher of molecules so dangerous that the two poles are now melting fast.
I’m going to tell a story about the week that should have been the worst ever for the oil industry, and actually may have turned out to be the best ever. It’s December, 2015, and the world is focused on Paris, where climate negotiators from every nation on Earth are on the verge of successfully hammering out a real agreement for the first time. And the language, at least, of that agreement is strong.
Sadly, the damage is set to get far worse: As Oil Change International said in a landmark September report, the U.S. is responsible for more than a third of planned fossil fuel expansion around the world between now and 2030, far more than any other country. We are, it concluded, the “Planet Wrecker in Chief.” . So much methane escapes from the ships carrying LNG abroad that when all is said and done it’s at least 24% worse for the climate than coal.
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