When it comes to reaching international deals on climate change, the U.S. hasn’t had much success. No one has. That’s too bad, because when it comes to cutting greenhouse-gas emissions, America ranks among the best in the world.
Have you heard the one about how global warming stopped in 1998? It’s been called a “pause,” a “hiatus,” a “slowdown” and a “siesta.” Above all, it’s a red herring, and it isn’t difficult to find where some of the ‘missing’ heat has gone.
Where can you go to find in the same room a ping-pong tournament, a brick manufacturing company, T-shirts saying “kale is the new meat” and a wide ranging conversation about trends in institutional investing? One place only: SXSW Eco.
Every time an iPhone is charged or an episode of "Mad Men" plays on a television, puffs of vaporized carbon join the atmosphere, products of power-plant combustion. And every year the world demands more. That era may be nearing an end, as the world approaches “peak fossil fuels,” a phrased used by Bloomberg New Energy Finance founder Michael Liebreich at the group’s annual conference.