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The atmospheric co2 concentration increases by about 2 ppm per year. That equates to about 1.03x10^13 kg/yr or 10.3 billion metric tons added to the atmosphere per year (which has a mass of about 5150000 billion tons). However, the global production of co2 from fossil fuel combustion (coal, oil, and gas) is about 48.9 billion mt per year. Therefore, approximately 79 percent of all of co2 produced from fossil fuel combustion is sequestered as well as 100 percent of the co2 produced from respiration, forest fires, organic matter decay, natural gas seeps, etc. To put this in perspective, if all of the known reserves of global fossil fuels were combusted at present rates, they would last about 75 years during which time the atmospheric co2 concentration would rise from the present 400 ppm to about 550 ppm before plummeting as the supply of new co2 fizzled out. More likely, though, is that fossil fuel prices will rise as they become more scarce leading to reduced combustion rates that will extend their life out to several centuries. In that case, the atmospheric co2 concentration would rise from 400 ppm to some number quite a bit lower than 550 ppm. Will planetary temperatures skyrocket when the co2 concentration is 550 ppm? No more than they have at present. As TFA points out, the heat that is allegedly being trapped by the atmospheric co2 gas...cannot be found. If the additional heat is being trapped as the crude computer models have predicted, it has to be somewhere. Global surface temperatures, polar ice caps, ocean surface temperatures, and, now, deep ocean temperatures do not show the present of sufficient heat. Where is it going? Or...as the deniers have been saying, the computer models might be...wrong...and co2 does not block the heat in the way that they claim due to kinetic gas mixing and radiation of heat from other much more abundant atmospheric gas molecules of o2 and n2.
Here are some more facts. The atmospheric co2 concentration is increasing by about 2 ppm per year. The world currently produces about 4.9 x 10^13 kg of co2 per year from the combustion of fossil fuels. Therefore, the small total amount of co2 in the earth's atmosphere (atmospheric mass x co2 concentration) means that the earth currently sequesters ALL of the co2 produced by living organisms, decay, natural methane seeps, etc. as well as approximately 80 percent of all of the co2 produced annually from the entire world combustion of coal, oil, and natural gas. Based on all known reserves, there are approximately 75 years remaining of fossil fuels at current consumption rates. What this means is that, even if the natural sequestration rate remains unchanged (it is likely to increase with increasing co2 conc), the atmospheric c02 concentration will not increase more than 150 ppm ultimately reaching a concentration of approximately 550 ppm from the current 400 ppm. Even that increase, however, is unlikely, as rising fossil fuel prices and the diminishing returns of production will mean that global consumption of fossil fuels will decline over the next century as they are replaced by solar, wind power, nuclear power, conservation measures, and increased energy efficiencies. Therefore, rather than reach a maximum of 550 ppm and then decline precipitously as the last chunk of coal is burned, the atmospheric co2 concentration will more likely never reach that number as consumption tapers off and consumption continues at a lower rate of several centuries. What this means to an AGW true believer is that you have to believe that the earth's climate would dramatically warm if the atmospheric concentration of co2 went from the current 400 ppm to 550 (or less) and, there is absolutely no scientific basis for that belief. The atmospheric co2 concentration has increased by approximately 84 ppm since co2 measurements began in 1958 and the earth's climate has not changed dramatically. Even the small amount of warming that we have seen during that time is much more likely to have resulted from increased solar activity and long-term climate effects (we are in the middle of an interglacial warming period) than an increase in atmospheric carbon dioxide concentration. Moreover, there are actually signs of climate cooling as both the arctic and antarctic ice extent have increased in recent years. So, no, 'consensus' is not science.