25 Dec '13, 1am

Taking Action in a Decade of Change

A lot has changed over the last ten years. On September 26, 2003 — the day that Post Carbon Institute was given its official tax-exempt status by the IRS — the Cushing WTI Spot Price for a barrel of oil was $28.21 . Three months later, the US Energy Information Administration (EIA) forecast that oil could cost as much as $32.80 per barrel in 2010 and nearly $35 by 2025. They were just slightly off . On September 26, 2013, the WTI Spot Price was $103.10. But the price of oil isn’t the only wild and dramatic story to unfold over the last ten years. Average Arctic sea ice extent in September 2012 (we don’t yet have numbers for 2013) was 42% less than in September 2003 — a loss larger than the size of Alaska and Texas combined — while extreme weather events have occurred with greater frequency and fierceness across the globe. The month of PCI’s 10th Anniversary had the ignomin...

Full article: http://www.postcarbon.org/blog-post/2007707-taking-action...

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