Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Aug 23, 2021

A Texas Solution to Global Warming: Use More Air-Conditioning

STOCKS IN THIS STORY
Goenka Business & Finance Ltd.
--
Nifty Capital Markets
--
Nifty Top 20 Equal Weight
--
USD-INR
--
MSCI World
--
SAB Events & Governance Now Media Ltd.
--
BSE Oil & Gas
--
Regency Investments Ltd.
--
Lawreshwar Polymers Ltd.
--
BSE SmallCap Select
--

Texas's oil regulator has a solution for those who fear the world is over-heating: “Turn the damn air conditioner up.” 

The sentiment was voiced at an energy conference Friday by Wayne Christian, a member of the Texas Railroad Commission, which oversees oil and gas drilling and transportation in the biggest producing state. The remarks came as he criticized a report published by the United Nations this month incontrovertibly linking global warming to human activity, mostly through the burning of fossil fuels.

The U.N. said the report should be a “death knell” to fossil fuels. But Christian, a Republican seeking re-election in 2022, argued that avoiding global warming isn't worth the cost of decarbonizing the energy system and rendering decades of oil and gas investments obsolete.

“Rather than $78 trillion dollars in spending, shutting down the industries around the world, keeping third-world countries from having coal-generated electric power and all kinds of things — turn the damn air conditioner up. It's that simple,” Christian said at the NAPE Summit in Houston.

People are already doing that. Air conditioning use tripled between 1990 and 2016, when it accounted for about 10% of all electricity use and 1.2 billion tons of carbon dioxide emissions, according to the International Energy Agency. 

©2021 Bloomberg L.P.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search