Monday, April 20, 2015

Fwd: A Somber Anniversary, And One Way *You* Have Made A Difference

"Let's live on the planet as if we intend to stay."

From: Ken White, Post Carbon Institute <ken@postcarbon.org>
Date: April 20, 2015 at 14:38:51 PDT
Subject: A Somber Anniversary, And One Way *You* Have Made A Difference
Reply-To: Ken White, Post Carbon Institute <ken@postcarbon.org>

A Somber Anniversary, And One Way *You* Have Made A Difference
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Five years ago today...

...the BP blowout in the Gulf of Mexico killed 11 people...

 
photo: Associated Press

...and devastated the Gulf.

 

A year later, the oil industry had California's Monterey Shale in its crosshairs...

 

...based on the US Energy information Agency (EIA) estimating over 15 billion barrels of oil were technically recoverable.

 
photo: Jeremy Miller, High Country News

This guy, Post Carbon Institute Fellow Dave Hughes, said, "Not so fast," and...

 

..with your support, Dave wrote this PCI report, showing that these estimates were wildly overstated.


Dave was right.

A few months later, the EIA downgraded their estimate by 96 percent, putting industry on the defensive, and putting an end to the hype.

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