www.fool.com

The oil market problem no one is talking about ... yet

If the oil industry doesn't do something soon, there could be big problems in just a few short years.


Expensive oil in the next decade could be a blessing and a curse.

A blessing because it will heighten incentives for renewables. A curse because society's infrastructure is not yet ready to go fossil free. And a prematurely forced transition could be excruciatingly painful. Simply put, are we ready to push our Ford F150s up the hill? Are we ready for the financial instability that might result from surges in oil prices? What would the consequences of financial instability be for the renewable transition (and a lot of other things that matter, like the infrastructure investments needed for climate change mitigation and adaptation).

Read the full article at the Motley Fool.

will.illinois.edu

What rising temperatures in the Gulf of Maine mean for the state’s lobster industry

The Gulf of Maine is known for lobsters, which form the foundation of an industry critical to the state’s economy. Due to climate change, the waters off southern New England have become too warm for the temperature-sensitive crustaceans, leaving Maine as the “sweet spot” for fishing them. But the Gulf’s own rising temperatures mean the lobster boom may not last forever.
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