NEW ENERGY, OIL TO RECONCILE?

The End of the Partisan Divide Over Climate Change

Tom Zeller, Jr., January 18, 2015 (Forbes)

“… From the stock markets and Wall Street to the boardrooms of Big Oil — and even the living rooms of Republican voters — the era of reflexive skepticism and denial of basic climate science appears to be coming to a close…That won’t likely mean an end to partisan bickering…[But amid the American Petroleum Institute annual State of American Energy Report’s] bullish assessment of the nation’s ongoing boom in shale oil and gas, the leading fossil fuel trade group clearly and unequivocally acknowledged the threat of global warming, and highlighted — at some length — the steady rise of solar power as an encouraging sign…The report goes on to note that the solar power sector has shaved installation costs and enjoyed over 40 percent growth over the last year…[It also] savages the Environmental Protection Agency’s Clean Power Plan, which seeks to cut carbon pollution from existing power plants, arguing that it will kill the coal industry and cause significant harm to the nation’s economy…[Yet the] nation’s largest and most powerful oil lobby [stated] in no uncertain terms that climate change is real, that it’s a threat to American prosperity, and that clean energy technologies promise a solution…” click here for more

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