An IEA whistleblower says that the organization is downplaying the peak-oil situation to avoid panic in the markets. The world is much closer to running out of oil than official estimates admit, according to a whistleblower at the International Energy Agency who claims it has been deliberately underplaying a looming shortage for fear of triggering panic buying. The senior official claims the US has played an influential role in encouraging the watchdog to underplay the rate...
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Monthly Archives: November 2009
Industry Ignored Its Scientists on Climate
From The New York Times By ANDREW C. REVKIN Published: April 23, 2009 For more than a decade the Global Climate Coalition, a group representing industries with profits tied to fossil fuels, led an aggressive lobbying and public relations campaign against the idea that emissions of heat-trapping gases could lead to global warming. “The role of greenhouse gases in climate change is not well understood,” the coalition said in a scientific “backgrounder” provided to...