Giving Up Fossil Fuels to Save the Climate: The $28 Trillion Writedown

"We’re not going to be able to burn it all." With those 10 words, Barack Obama uttered one of the most stunning, far-reaching statements ever made by a U.S. president. He also completely contradicted his own energy policy. Yet no one seemed to notice.

By Mark Hertsgaard

Full Story: http://www.businessweek.com/articles/2014-06-26/climate-change-and-the-two-thirds-imperative#r=hpt-ls

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The world has 53.3 years of oil left http://www.matr.net/article-61191.html