New research, published in Nature Climate Change, has found “an almost complete loss of stability over the last century” of the ocean currents known as AMOC or more commonly the Gulf Stream. The currents are already at their slowest point for 1,600 years. But scientists worry that AMOC could be reaching a tipping point, leading to a total collapse.

It has been a terrible, horrible, no good, very bad week or so for Big Oil...and that’s a very good thing for our climate.

Let’s recap:

Last week, the International Energy Agency released the groundbreaking “Net Zero by 2050” report, which they described as “world’s first comprehensive study of how to transition to a net zero energy system by 2050.” As OCI’s Kelly Trout outlined in her analysis last week, this first 1.5?C-aligned model from the IEA “closes the door on new fossil fuel extraction.” 

In bold lettering, the IEA concluded: “There is no need for investment in new fossil fuel supply in our