According to a study published by MIT this week, global warming is
likely a major cause of the increased ferocity of hurricanes in the
past decade. The study, published in the journal Nature, notes the
accumulated power of hurricanes has more than doubled in the past 30
years, with a particularly dramatic spike since 1995.
Kerry Emanuel, a climatologist at Massachusetts Institute of Technology
and author of the study writes, "My results suggest that future warming
may lead to an upward trend in tropical cyclone destructive potential
and — taking into account an increasing coastal population — a
substantial increase in hurricane-related losses in the 21st century.”
The study should prove particularly interesting for residents along the
Gulf Coast and throughout the Caribbean who are recovering from what
forecasters call the most active start to the hurricane season on
record. In just two months, six storms grew strong enough to merit
names.
During the height of the 2004 hurricane season, President Bush visited
the National Hurricane Center in Miami, Florida. He addressed the
crowd with this assurance: “I want the people of Florida and other
affected areas to know that the federal government is doing everything
we can to help you.”
Not Enough
President Bush is quick to offer kind words and disaster relief funds
to victims of hurricanes. Yet his administration refuses to take
action on global warming, which would reduce the power of these storms
and save lives.
On July 29, the Senate passed the Energy Bill – despite more than
17,000 of our supporters asking it to reject this bad
legislation. This bill is a triple cocktail of seismic testing in
our waters, incentives to build new nuclear power plants, and pay-offs
for fossil-fuel giants like ExxonMobil. It will do virtually nothing to
reduce America’s growing dependence on oil and coal and does not
address global warming.
Good Times
The executives at President Bush’s favorite oil company, ExxonMobil,
are undoubtedly pleased with with the passage of the Energy Bill. But they
have an even bigger reason to celebrate.
On July 28, ExxonMobil released its earnings report for the second
quarter. In a time of steep gas prices, Exxon has broken all profit
records, earning $7.84 billion in net income during the 2nd quarter,
and $15.5 billion for the first half of the year total. In fact,
the $15.5 billion in profits is a 38 percent increase from the first
half of 2004.
Take Action!
Make sure that your money won’t end up in ExxonMobil’s next earnings
report. Don’t buy Exxon or Mobil gas, invest in its stock or work
for the company.
Tell Exxon’s CEO that he just lost a customer.