Consequences of Global Climate Change

1457 Words6 Pages
How will our recent increases in oil and natural gas production and exportation (this of course, means a conscious commitment to increased C02 emissions) affect the likelihood of global climate change. Where is all our increased production going? What particular problems or changes in situation should we expect? Who stands to gain and who suffer? What are your policy recommendations? It is arguable regarding to which extent our recent increases in oil and natural gas production and exportation actually affect the likelihood of global climate change. There are some that say that it has no negligible change whatsoever and we need to conserve, and others who say that these recent increases solve the problem altogether. In the meantime, regardless of whether or not it does solve the problem of global climate change, we are experiencing problems in the way that we are directing our natural gas and oil production. The following essay elaborates on both points. Background Energy researchers have developed a model called Hubbert's Curve that seems to indicate that oil is running out. As oil recovery technology has been introduced, this curve has lengthened leading some to say that we can continue relying on resources of oil. However, the curve is still there and contraction in oil supply has an enormous effect on the way that America functions in many aspects of its life. There are two major dimensions to eh oil crisis. The first debate over whether this new found source of oil
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