Oil Limits And Climate Change: How They Fit Together

 | Apr 13, 2014 02:51AM ET

We hear a lot about climate change, especially now that the Intergovernmental Panel on Climate Change (IPCC) has recently published another report . At the same time, oil is reaching limits, and this has an effect as well. How do the two issues fit together?

In simplest terms, what the situation means to me is that the “low scenario,” which the IPCC calls “RCP2.6,” is closest to what we can expect in terms of man-made carbon emissions. Thus, the most reasonable scenario, based on their modeling, would seem to be the purple bar that continues to rise for the next twenty years or so and then is close to horizontal.