16 Jun '11, 4pm

How oil and gas companies that deny climate change are adapting to it anyway

How oil and gas companies that deny climate change are adapting to it anyway

Next to agriculture, the industry most vulnerable to climate change is, arguably, the extraction of the very fossil fuels that are causing it, says Michael Cote at GOOD . And while this industry is spending millions to deny that climate change even exists and to block efforts to deal with it, it's also going to need to spend billions to cope with its effects. Sure, climate change sucks harder than a collapsed star, but at least it's leading to ironies so vast that only particles of sputtering dumbfoundedness can escape. With climate change come the obvious gotchas: Not all drilling platforms were built with rising seas in mind, not to mention hypercanes , landicanes , and all the other types of neologistic extreme weather that come with a warming planet. So the oil and gas industry hired climate experts to assess how prepared it was for global warming. Their conclusions: A...

Full article: http://www.grist.org/list/2011-06-16-how-oil-and-gas-comp...

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