“We’ve been hiding what’s going on from ourselves: A high-carbon future is being locked in by the world’s capital investments,” said Socolow, professor emeritus of mechanical & aerospace engineering. “Current conventions for reporting data and presenting scenarios for future action need to give greater prominence to these investments. Such a rebalancing of attention will reveal the relentlessness of coal-based industrialization, long underway and showing no sign of abating.”
Source: www.reportingclimatescience.com
GR: This is bad. We need to decommission power plants faster than we build them. Much faster.