This op-ed was originally published in The Hill.
A week after taking office, President Joe Biden issued an executive order “on tackling the climate crisis” that aims to face the challenge comprehensively and equitably. Biden has quickly appointed and seen confirmed a team of leaders who are committed to all aspects of this mission. Our country is finally on the cusp of meaningful climate action. The climate action train is so popular that even fossil fuel companies, which have historically sought to derail it, are now saying they’re on board.
We should, of course, welcome all sincere collaborators; the fossil fuel industry is not among them.
Yes, major oil and gas companies are finally, if reluctantly, beginning to publicly acknowledge the climate crisis, and some even claim to “support” the Paris Agreement’s goal of net-zero carbon emissions by 2050.
These claims are a central part of the industry’s massive PR and lobbying campaign to position itself as an essential leader in the country’s transition to a “low-carbon” future. But given the industry’s decades-long and painfully successful effort to hide and deny the science of dangerous climate disruption in order to block national and international efforts …
Intersectional environmentalism is a relatively new phrase that refers to a more inclusive form of environmentalism, one that ties anti-racist principles into sectors that have long profited from overlooking or ignoring historically disenfranchised populations.
According to youth activist Leah Thomas, “It brings injustices done to the most vulnerable communities, and the earth, to the forefront and does not minimize or silence social inequality. Intersectional environmentalism advocates for justice for people and the planet.”
Nearly 20 years ago, the Center for Progressive Reform (CPR) was founded on a vision that government could be reimagined and reformed so that it serves all people — regardless of income, background, race, or religion — and our planet. Intersectional environmentalism is that vision: thriving communities on a resilient planet.
In 1956, Texas oil geologist M. King Hubbert predicted that U.S. oil production would peak no later than 1970. Lo and behold, in 1970, oil production topped out at just over 9.6 million barrels a day (mbd) and began its decline. The predicted peak had been reached. Regarding the world oil supply – no worries. There were oceans of oil in Middle East deserts, particularly in Saudi Arabia. Additionally, new finds in the North Sea, as well as discoveries, largely offshore, of recoverable oil in other parts of the world, meant that the world was not running out of oil; just the United States was.
Domestically though, trouble was brewing on two fronts. For most of the century, U.S. oil imports were modest. Then, in the mid-1950s, oil imports reached 1 mbd and began climbing. From a consumer perspective, imported oil meant lower prices. But …
Fossil fuels are reaching their consumption peak. By way of example, the United States has a surfeit of coal, but coal use is on the decline as natural gas and renewable resources replace the dirty fuel for generating electricity. Similarly, oil and natural gas are on the same decreasing consumption trajectory as recent data and modeling suggest.
Consider the following market facts that directly impact coal and reveal its consumption peak: