BRUSSELS, Jan 10 (Reuters) – Europe experienced its second-warmest year on record in 2022, European Union scientists said on Tuesday, as climate change unleashed record-breaking weather extremes that slashed crop yields, dried up rivers and led to thousands of deaths. The last eight years were the world’s eight hottest on record, C3S said.
The planet is now 1.2C warmer than in pre-industrial times, as a result of human-caused climate change, C3S said. Copernicus said temperatures in Europe have increased by more than twice the global average over the last three decades. “We are already experiencing the devastating consequences of our warming world,” said C3S deputy director Samantha Burgess, who called for urgent action to cut CO2 emissions and adapt to the changing climate. NN: The earth is in a naturally occurring global warming cycle. It has happened before. Unless you think cave men camp fires caused the last climate change. Intelligent people may be able to grasp the fact that temperature cycles have been oscillating between cycle of warming and cooling for millions of years. I have dug up sea shell shells in limestone deposits in Michigan. And frozen furn leaves in the ice in the article circle in Norway…. Drove their in the summertime. (did not find the Woolly Mammoth tusks i was promised)…. So Europe dodged a bullet at great expense….. For now!
Russia Works On Measures To Curb Discounts On Its Oil Prices
MOSCOW, Jan 10 (Reuters) – The Russian energy ministry said on Tuesday it has been working on additional measures to limit discounts to international benchmarks on Russian oil prices, after the West imposed price caps. Russia is the world’s second largest oil exporter after Saudi Arabia, with oil and gas sales accounting for almost half of the country’s state budget revenue. President Vladimir Putin last month signed a decree that banned the supply of crude oil and oil products from Feb. 1 for five months to nations that abide by the cap. Russian oil traditionally sells at a discount to international benchmarks, such as Brent. The discount , has widened following Western sanctions over Ukraine and now stands at some $25-$30 per barrel to dated Brent . “The presidential decree published in December bans Russian companies from referring to the illegal price cap limitations in any way, directly or indirectly. This ban extends to any transactions with Russian crude oil up to the end user, which implies not working with traders who do not enforce the measure,” the Energy Ministry said in a statement. NN: They are the worlds largest combined natural gas and oil exporter. I am sure they will figure something out.