In a justly famous Rolling Stone piece, Bill McKibben popularized the notion of "Global Warming's Terrifying New Math." We have a "carbon budget," between now and 2050, of roughly 565 gigatons of carbon dioxide. If we emit more than that we are likely to exceed the 2 degree C target agreed to in the Copenhagen Accord. (As Thomas Lovejoy notes in clear-eyed and essential piece in The New York Times yesterday, "2 degrees seems nightmarish as it is.")
According to the Carbon Tracker Initiative, the amount of CO2 represented by the world's proven fossil fuel reserves is 2,795 gigatons. Here's the problem, in math terms:
2,795 > 565
If we want a reasonable hope of hitting our 2 degree target, we have to leave about 80 percent of the known fossil fuels in the ground.
That is indeed terrifying math, but it may become slightly less so as it becomes more specific and concrete. (It is always helpful to break a large task into component parts.) Toward that end, today saw some fascinating new work from the research consultancy Ecofys. Commissioned by Greenpeace, it attempts to rank the most dangerous fossil-fuel projects currently being planned.
The metric is simple: how many additional tons of CO2 the project will emit by 2020. (See the report for more on methodology.) Here's how they rank:
- China's Western provinces / Coal mining expansion / 1,400
- Australia / Coal export expansion / 760
- Arctic / Drilling for oil and gas / 520
- Indonesia / Coal export expansion / 460
- United States / Coal export expansion / 420
- Canada / Tar sands oil / 420
- Iraq / Oil drilling / 420
- Gulf of Mexico / Deepwater oil drilling / 350
- Brazil / Deepwater oil drilling (pre-salt) / 330
- Kazakhstan / Oil drilling / 290
- United States / Shale gas / 280
- Africa / Gas drilling / 260
- Caspian Sea / Gas drilling / 240
- Venezuela / Tar sands oil / 190
There's a lot to mull over in this list. Here are a few things that jump out:

Sarah Palin proves there's no such thing as global warming
"If people aren't pissed off, it ain't working": A chat with Tom Steyer
Scientists could extract gold with cornstarch instead of cyanide




