A somewhat bearish EIA inventory…
The much coveted OPEC output…
Geoengineering has been covered before on oilprice.com. It is a radical method to counter climate change which involves manipulating the environment in order to cool the atmosphere on a global scale.
Previously strategies for geoengineering have merely been theorised, yet never implemented, however two engineers at Harvard are finalising the details of a plan to test one form of geoengineering.
As improbable as it sounds, volcanos actually cool down the atmosphere. They release billions of tiny, sun-reflecting particles into the stratosphere which then prevent a small percentage of solar energy from reaching the earth. The two Harvard researchers, David Keith (beneficiary of a multimillion dollar geoengineering research fund from Bill Gates) and James Anderson, will spray thousands of tonnes of sulphate aerosols into the atmosphere above New Mexico in order to replicate this effect.
The chemical will be sprayed from a balloon (it must be an imposingly big balloon to hoist ‘thousands of tonnes of sulphate aerosols’ into the air) 80,000 feet above Fort Summer. The effects on the atmosphere will then be carefully measured.
The test will not be done on a large enough scale to actually affect climate change, nor will it have any major effects on the immediate environment; at least that is what they believe. A recent article shows that previous human attempts to artificially alter the environment have not met with much success.
By. Charles Kennedy of Oilprice.com
Charles is a writer for Oilprice.com