The Rate Debate Slowing



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Russia Oil - Shell


Continued global warming is key to melting the Arctic and opening new resources

Armour et al (Department of Physics, University of Washington) 11

K. C. Armour,1 I. Eisenman,2,3 E. Blanchard‐Wrigglesworth,3 K. E. McCusker,3 and C. M. Bitz3, climate scientists, The reversibility of sea ice loss in a state‐of‐the‐art climate model, http://www.agu.org/journals/gl/gl1116/2011GL048739/2011GL048739.pdf

Rapid Arctic sea ice retreat has fueled speculation about the possibility of threshold (or ‘tipping point’) behavior and irreversible loss of the sea ice cover. We test sea ice reversibility within a state‐of‐the‐art atmosphere– ocean global climate model by increasing atmospheric carbon dioxide until the Arctic Ocean becomes ice‐free throughout the year and subsequently decreasing it until the initial ice cover returns. Evidence for irreversibility in the form of hysteresis outside the envelope of natural variability is explored for the loss of summer and winter ice in both hemispheres. We find no evidence of irreversibility or multiple ice‐cover states over the full range of simulated sea ice conditions between the modern climate and that with an annually ice‐free Arctic Ocean. Summer sea ice area recovers as hemispheric temperature cools along a trajectory that is indistinguishable from the trajectory of summer sea ice loss, while the recovery of winter ice area appears to be slowed due to the long response times of the ocean near the modern winter ice edge. The results are discussed in the context of previous studies that assess the plausibility of sea ice tipping points by other methods. The findings serve as evidence against the existence of threshold behavior in the summer or winter ice cover in either hemisphere.
Russian oil production has peaked, new arctic fields are key to preventing Russian economic collapse

Weir (Correspondent for CSM) 08

Fred Weir, May 28, 2008, Has Russian oil output peaked?, http://www.csmonitor.com/World/Asia-South-Central/2008/0528/p01s04-wosc.html



The Kremlin often touts Russia's image as an "energy superpower," but now the country's oil production is declining. Some say Russia may have already reached peak oil output. Underscoring the urgency of the issue, Prime Minister Vladimir Putin's new cabinet made its first order of business on Monday the approval of a package of measures to relieve the oil-production crisis. "It's a good first step," says Natalia Milchakova, an oil and gas analyst for Otkritiye, a Moscow-based brokerage firm. But she adds that "rapidly slowing" oil production, which was growing by more than 10 percent five years ago, isn't "something that can be quickly fixed with political declarations." As the world's second-largest oil exporter, Russia joins a growing number of top oil suppliers wrestling with how to address declining or peaking production. Like Venezuela and Mexico, Russia is heavily dependent on oil, which accounts for more than two-thirds of government revenue and 30 percent of the country's gross domestic product. Now, Moscow is trying to remedy a situation caused in part by outdated technology, heavy taxation of oil profits, and lack of investment in oil infrastructure. The Presidium of the Cabinet, as it is officially known, in its inaugural meeting Monday approved tax holidays of up to 15 years for Russian companies that open new oil fields and proposed raising the threshold at which taxation begins from the current $9 per barrel to $15. Oil companies welcomed the measures, but experts say that after almost two decades of post-Soviet neglect, which have seen little new exploration, it may be too little, too late. After rising steadily for several years to a post-Soviet high of 9.9 million barrels per day (bpd) in October, Russian oil production fell by 0.3 percent in the first four months of this year, while exports fell 3.3 percent - the first Putin-era drop. Russia's proven oil reserves are a state secret, but the Oil & Gas Journal, a US-based industry publication, estimates it has about 60 billion barrels - the world's eighth largest - which would last for 17 years at current production rates. Energy Minister Viktor Khristenko recently admitted the decline, but suggested it might be overcome by fresh discoveries in underexplored eastern Siberia or in new Arctic territories recently claimed by Russia. "The output level we have today is a plateau, or stagnation," he said. But Leonid Fedun, vice president of Russia's largest private oil company LUKoil, went one step further in an interview with the Financial Times last month. "Russian oil production has peaked and may never return to current levels," he said. That poses problems for Russia, which has talked of expanding beyond its main oil market - Europe - to China, Japan, and the US. In 2006, then-President Putin approved construction of an $11 billion pipeline across Siberia to the Pacific Ocean to carry eastward exports. Putin and his successor, Dmitri Medvedev, have insisted Russia can meet demand by increasing output but oil analysts around the globe are pessimistic that oil supplies can meet rising consumption in the coming decade.
Extinction

Filger 9 (Sheldon Filger, columnist, writer for Globaleconomiccrisis.com, 2009, "Russia's Economy Faces a Disastrous Free Fall Contraction," Huffington Post)

In Russia historically, economic health and political stability are intertwined to a degree that is rarely encountered in other major industrialized economies. It was the economic stagnation of the former Soviet Union that led to its political downfall. Similarly, Medvedev and Putin, both intimately acquainted with their nation’s history, are unquestionably alarmed at the prospect that Russia’s economic crisis will endanger the nation’s political stability, achieved at great cost after years of chaos following the demise of the Soviet Union. Already, strikes and protests are occurring among rank and file workers facing unemployment or non-payment of their salaries. Recent polling demonstrates that the once supreme popularity ratings of Putin and Medvedev are eroding rapidly. Beyond the political elites are the financial oligarchs, who have been forced to deleverage, even unloading their yachts and executive jets in a desperate attempt to raise cash. Should the Russian economy deteriorate to the point where economic collapse is not out of the question, the impact will go far beyond the obvious accelerant such an outcome would be for the Global Economic Crisis. There is a geopolitical dimension that is even more relevant then the economic context. Despite its economic vulnerabilities and perceived decline from superpower status, Russia remains one of only two nations on earth with a nuclear arsenal of sufficient scope and capability to destroy the world as we know it. For that reason, it is not only President Medvedev and Prime Minister Putin who will be lying awake at nights over the prospect that a national economic crisis can transform itself into a virulent and destabilizing social and political upheaval. It just may be possible that U.S. President Barack Obama’s national security team has already briefed him about the consequences of a major economic meltdown in Russia for the peace of the world. After all, the most recent national intelligence estimates put out by the U.S. intelligence community have already concluded that the Global Economic Crisis represents the greatest national security threat to the United States, due to its facilitating political instability in the world.


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