Stock Market will Crash when Investors realize Peak Oil is Real

David Fridley, an expert on oil economics, worked under Chu. In an interview given in 2009, Fridley claims, “[Chu] was my boss…He knows all about peak oil, but he can’t talk about it. If the government announced that peak oil was threatening our economy, Wall Street would crash. He just can’t say anything about it.” (Morrigan)

A whistleblower at the IEA alleged that oil reserves had been overstated, and that the IEA had downplayed the lowering rates of production because it feared panic could spread on the financial markets if the figures were brought down further. ‘Politicians are terrified of mentioning peak oil,’ says Chris Skrebowski, director of Peak Oil Consulting and former editor of respected industry magazine Petroleum Review. ‘They are frightened of the social and financial reactions. Peak oil has been placed on the pile marked “too difficult” (Rowe).

In a new book, former oil geologist and government adviser on renewable energy, Dr. Jeremy Leggett, identifies 5 “global systemic risks directly connected to energy” which, he says, together “threaten capital markets and hence the global economy” in a way that could trigger a global crash sometime between 2015 and 2020.  According to Leggett, a wide range of experts and insiders “from diverse sectors spanning academia, industry, the military and the oil industry itself, including the International Energy Agency” are expecting an oil crunch “within a few years,” most likely “within a window from 2015 to 2020.” (Ahmed)

As you can see from this excerpt of the German Military Peak Oil Study, the effects go beyond just a stock market crash:

After peak oil alternative fuels will not compensate leading to a loss of confidence in the markets. Increasing oil prices will reduce consumption and economic output leading to recession.

  1. Higher transportation costs will make the prices of all traded goods rise.  Trade volumes would decrease, and some nations would no longer be able to afford to import food.
  2. National budgets will be devoted to securing food and dealing with unemployment, leaving little funding to invest in oil substitutes and green technology.  Revenues would keep falling as a result of the recession and declining tax revenue.

In the medium term, the global economic system and all market-oriented economies would collapse.

  1. Corporations would realize the contraction will go on for a long time
  2. Tipping point: In an economy shrinking over an indefinite period, savings would not be invested because companies would not be making any profit.  For an indefinite period, companies would no longer be in a position to pay borrowing costs or to distribute profits to investors. The banking system, stock exchanges and financial markets could collapse altogether. In theory, there are industries that could profit from the situation. The oil industry or companies in the green-tech sector would certainly have an increasing demand for capital. Given the companies’ environment, in particular the dependence of these industries on (international) value chains and infrastructures, as well as the dramatically changing conditions on the demand side, it would be implausible to expect “islands of stability” which continue to exist on a “micro level”.
  3. Financial markets are the backbone of global economy and an integral component of modern societies. All other subsystems have developed hand in hand with the economic system.   A completely new system state would materialize.

Other likely consequences

  1. Banks left with no commercial basis. Banks would not be able to pay interest on deposits as they would not be able to find creditworthy companies, institutions or individuals. As a result, they would lose the basis for their business.
  2. Loss of confidence in currencies. Belief in the value-preserving function of money would dwindle. This would initially result in hyperinflation and black markets, followed by a barter economy at the local level.
  3. Collapse of value chains. The division of labor and its processes are based on the possibility of trade in intermediate products. It would be extremely difficult to conclude the necessary transactions lacking a monetary system.
  4. Collapse of unpegged currency systems. If currencies lose their value in their country of origin, they can no longer be exchanged for foreign currencies. International value-added chains would collapse as well.
  5. Mass unemployment. Modern societies are organized on a division-of-labor basis and have become increasingly differentiated in the course of their histories. Many professions are solely concerned with managing this high level of complexity and no longer have anything to do with the immediate production of consumer goods. The reduction in the complexity of economies that is implied here would result in a dramatic increase in unemployment in all modern societies.
  6. National bankruptcies. In the situation described, state revenues would evaporate. (New) debt options would be very limited, and the next step would be national bankruptcies.
  7. Collapse of critical infrastructures. Neither material nor financial resources would suffice to maintain existing infrastructures. Infrastructure interdependences, both internal and external with regard to other subsystems, would worsen the situation.
  8. Famines. Ultimately, production and distribution of food in sufficient quantities would become challenging.

Sources

Ahmed, N.  28 Mar 2014. Ex govt adviser: “global market shock” from “oil crash” could hit in 2015. The Guardian.

Bundeswehr Transformation Centre, Future Analysis Branch. Nov 2010. Armed Forces, Capabilities and Technologies in the 21st Century Environmental Dimensions of Security.

Hirsch, R. L., et al. 2010. The impending world energy mess. What it is and what it means to you! Apogee Prime. Forward by Dr James R Schlesinger, first U.S. Secretary of Energy.

Morrigan, Tariel. Oct 2010. “Peak Energy, Climate Change, and the Collapse of Global Civilization: The Current Peak Oil Crisis“. University of California, Santa Barbara

Rowe, Mark. July 2010. When will the oil flow slow? Oil is becoming more difficult to obtain, and research suggests that it won’t be long before we’re unable to meet global demand. Geographical magazine 82 vol 6.

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Nate Hagens rebuttal of Bill McKibbens “Politics: Global Warming’s Terrifying New Math”

Timeline:

  • die-off: event odds low 10-15% next 10-20 years, though higher after that (1 Dec 2012).
  • End-of-growth realized by public: 90% next few years, 99% in 5-7 years (1 Dec 2012)

17 Oct 2012 Rebuttal of Bill McKibbens 19 July 2012 Rolling Stone article: “Politics: Global Warming’s Terrifying New Math. A wildfire in Colorado

1) he ignores energies role in economies – we substitute $500,000 of (American) human labor with $100 barrel of oil.  The story of industrialization and globalization is not one of ingenuity and productivity but rather one of substituting fossil energy for human labor. Without (cheap energy) we can’t have a growth based economy. And profits and wages go down and/or prices go up.

1a) Oil change international has shown an estimate of $750 billion in subsidies for fossil fuel companies -the villain of climate change and global warming according to Bill. Of this, $650 billion is subsidizing consumption for poor people.  So there is $100 billion of subsidies in a world economy of $50 trillion.  The amount of ‘subsidy’ that fossil fuels themselves give the rest of world economy is orders of magnitude greater than what governments give fossil fuel companies. (The average cost to produce barrel of oil is $40 – it sells for $100. Subsidy (assuming the $100 billion number is correct – and I have heard numbers as low as $2.5 billion in actual subsidies in the last Presidential debate)). So  fossil fuel companies produce ~32 billion barrels of oil per year. Lets assume 1/3 of the $100 billion in subsidies goes towards oil (basically 1/3 of FF consumption is oil) =$33 billion. So we are subsidizing oil companies $1 per barrel. And in turn the oil is subsidizing society 5000x that amount.  To speak in terms of a society/government subsidizing oil companies make no sense. Without (cheap) oil, there would be no globalization and living standards would plummet. Some are rooting for that but they are naive.

2) Renewables -all-in- are more expensive than coal/natural gas based electricity and biofuels are way more expensive than liquid fossil fuels. McKibben points to Germany as a shining example of a low-carbon economy – but to combat intermittence and potential shortfalls when the sun isn’t shining they are building 50 new coal plants!!  Economic growth cannot continue with or without renewables because fossil fuel extraction costs have been going up 17% a year since 2002. Renewables are fossil fuel extenders, not replacers (at least if a globalized, industrialized, high consumption lifestyle is the model)

3) To call on pension funds, churches and individuals to ‘divest’ from fossil fuel companies shares to ‘hit them where it hurts’ is hopelessly naive.  First of all, if pension funds and churches sell all their stock in Exxon and Shell, and people still drive cars, take flights, and eat food based on current shipping/packaging model, then Fossil Fuel companies profits will be just as high and some hedge funds will just buy those shares cheaper and the price goes right back to where it was. If you truly want to get off of fossil fuels you need to REALLY hit them where it hurts, which is to use less -significantly less – this is difficult for most people and impossible for society.

4a) McKibben ignores human nature – to change peoples minds about behavior you have to either make the case really scary, or the time-to-impact really short, because of our evolved tendency to focus on the present (and cultures impact on causing discount rates to be even steeper). For most people, ‘the future’ is this weekend.

4b) Nature abhors a gradient. Those organisms that are most effective in accessing and degrading energy have had evolutionary advantage. This includes human societies. For us to voluntarily give up or reduce access to the highest quality fuels goes against our evolutionary grain for ‘more’ or ‘progress’ is possible (think dictator Tokogawa Japan) but extremely unlikely. Our modern history is one of doing everything in our power to keep continued global access to liquid fuels possible.

Declining energy productivity (lower aggregate EROI), instead of causing a belt tightening in the 1970s, caused us to go to debt to continue high levels of consumption. That led to lower and lower debt productivity (less and less GDP per addl $ of debt), to the point that central banks had to take over the model.  In the US, our economy ex-government stopped growing in 2004. China, Russia, Brazil etc are following the exact same model (plummeting debt productivity).  So we added government debt to offset declining private growth.  Once debt productivity goes below zero (as it is currently in US and probably in many European countries), we are simply transmuting wealth into income – and the timeline of continuing that strategy becomes very short,  irrespective of oil prices.  Then we went to QE to further support consumption. In past few years central banks have subsidized our consumptive lifestyle to tune of  $14 trillion+  http://tinyurl.com/8shtnee   What is the carbon footprint of QE??). And now new QE is impacting ‘inflation expectations’. (After Qe1, Qe2 and QE3, stocks went up 36%, 24% and 2% while food prices went up 7% 21% and 19% and energy prices went up 30%, 37% and 19%.  In effect, what governments are doing now is facilitating an increase in gross energy, while keeping net energy constant (or declining) all the while growing more and more claims of what people THINK they have access to in the future.  We are satisfying our evolutionary drive to access more energy but a growing % of ‘money as claim on energy’ is hollow.

5) The 2,795 gigatons that Bill says are ‘available to burn’ do not take into account net energy and the cost in natural resource terms to extract. There are certainly more than the 565 gigatons left that will keep us under 2 degrees C warming – but 2795 will never be extracted. Net and gross important here.

6) By far the largest challenge that the public and politicians will see in the next 12-18 months will be an economic one. Personally, I think 5 years from now the best case (if there are no major disruptions) is a 10-15% drop in global GDP. Worst case is…worse. This trajectory originated from resource/energy constraints but is now largely due to credit constraints. Since 2007 quarterly growth (adjusted for defaults) is 94% correlated with aggregate credit growth. Once credit stops, growth stops – at this stage.  Global throughput (measured by real, not nominal GDP) is highly likely to have peaked.  As soon as this is recognized, witnessed, attention to climate change (unless the world temps are accelerating dramatically in some sort of methane burp scenario, will be relegated to back burner.

7)  If fossil fuel companies are muzzled, and the accompanying economic shock from higher fuel prices hits already fragile global economy, there is a real risk to systemic supply chain breakdowns.  One of the largest risks that goes mostly unrecognized on lists like these is globalization and its potential unwind due to liquid fuel shortages or more likely – currency/debt problemsA large part of our living standards are from decades of suppressing import substitution policies and continual offshoring to cheapest location for all sorts of trade goods. The result is a brittle, complex system of micro-components and supply chains – which if it breaks down sharply (as opposed to a gradual move over 10-15 years which would be healthy) creates a bigger risk to the environment/climate/biodiversity than any business as usual trajectory (low odds, but possible). Compared to even 30 years ago, no country is self-sufficient on basic goods, even those who are energy independent. China, Japan, Europe and others are all risks here. (and US and UK).

8) Of the ‘climate activisits/scientists’ I know, and I know 4 people personally who were on IPCC, most have several kids, eat meat, drive cars and take vacations. Their offices where they do the science suggesting limiting CO2 are not energy efficient and there is little to no attempt to reduce consumption.  In the end this is what it is all about – we are headed for a lower growth world – the time to ‘choose’ as an option is past – now we will experience it no matter what.  We need serious resources (monetary and human) diverted away from low-carbon future towards exploring/preparing for a low consumption future – and they are linked.

CO2 and methane have emerged as the greatest threat to currently evolved large life, but this may take a thousand years to play out, and  is now being set irrevocably in motion. But the next 50-100 years will probably see all kinds of frenetic other limits being reached unrelated to heating – and the next 10 years will be about the evaporation of humans abstract claims on future energy/resources (money).

I haven’t finished writing this piece – partially because Bill is a friend of mine and I hold him in high regard. But in the end, he doesn’t aim high enough. I am willing to get arrested or worse for the cause of improving the future/averting environmental disaster – but getting arrested to protest a pipeline that if its not built in USA will still send the CO2 producing fuel to China (except it won’t, because Business As Usual is dead), is too nominal of a goal. Humans like villains – and blaming fossil fuel companies for our woes will probably raise more money/influence than the true villains – our own consumption/addiction.  If Bill is right and we need to stop burning fossil fuels altogether before we trigger an environmental apocalypse, then divesting from fossil fuel stocks and bonds is the tiniest of first steps – as we would need to divest from capitalism and democracy in the process.

March 2, 2013 america2point0 forum:

In all the talk about resource limits, overshoot, end of growth, financial collapse etc. I have come to the following conclusion: The psychological response to our predicament – at least in the next 5-10 years, is likely to overwhelm the physical realities

At the same time the 2 primary drivers of growth are waning (energy and credit), we are in the process – as a culture – of losing our primary 2 anchors – religion and belief in capitalism/ more in the future. This will leave behind a gaping hole in peoples attitudes/security/ optimism for future and I fear may be paralyzing to behavior. We are going to have whole demographics sucked down the rabbit hole of anhedonia, apathy, nihilism and hedonism. You can see glimpses of it already. The opportunity exists to find some new cultural carrot to replace the old ones, but that won’t be easy, or quick. But thats where the leverage lies – telling people more and more details about this stuff is toxic. Gotta be a new narrative…

Byron Allen Black replies:  If the economy is in a state of collapse and the people feel helpless and bewildered, you invent an enemy and start a war to ‘refresh the narrative’ . In Indonesia, where I live, that would be Soekarno screeching GANYANG MALAYSIA (‘Crush Malaysia’ ) and sending innocent young boys to their deaths in Borneo when Zimbabwe-style hyperinflation set in and citizens were unable to buy rice in Jakarta.

Dec 2, 2011  Nate on money:

1) Money is lent into existence at commercial banks. But the interest that must be paid on the loan is not. in aggregate then there must be growth in order to both service and eventually pay back the loans. Banks have huge balance sheets and only have a few percentage points of real capital against them. Its like me getting a $1 million loan and buying a dump truck, an amusement park, some fixer-up houses, a bowling alley and a 3 month safari to Zambia. I now have zero money left but a bunch of assets, but I am ‘solvent’. If the economy craps out I have spent 100k on a vacation and my 900k of assets are deteriorating in value and productive capacity – the only way to keep afloat is to get more loans and buy more assets. I get more loans and now owe $1.2 million to bank. The bank is ok with that because on paper I can show (mostly) that the amusement park and crappy bowling alley are worth something on paper. The banker closes his eyes because to acknowledge that my stuff is only worth 400-500k on the 1.2 million it has listed on paper means he too shares my loss. Eventually he will say, look I know you can’t pay my 1.2 million but lets just settle for 500k. then I am in big trouble, and so is he. “Me” in this case is representative of much of our banking system.

2) most banks are also brokers. Goldman, Citi, JPMorgan, Morgan Stanley BOfA Merril are all deemed too big to fail.

3) credit unions take less risk so are better places for safe money.

====> But I think counting on any money at all is misplaced confidence. I would think that it is greater than >50% that there will be a monetary reset in next decade and probably sooner.   I am not sold on gold and silver as ‘great investments’, but they are better than paper money in an account [my comment: but real cash in a deflation beats gold initially, but you’d better spend the cash on real goods within a few years before the “monetary reset”].

===> One thing I could envision happening in a global jubilee or currency reset is a non-regressive currency reform. Those that have 10,000 in their checking accounts get 10,000 ‘patriot dollars’, those that have 100,000 get 20,000 patriot dollars (80% haircut), those that have 1,000,000 in their accounts get $100,000 (90% haircut) or some such.

As I’ve said before I think it likely that financial assets are going away (they might come back in future). As such to try and focus ones efforts on ‘preserving ones financial wealth’ are probably futile.

====> more money isn’t going to save anyone. more friends and more stuff might.

We ‘can’ grow debt more – it just means that we are kicking the can further down the road. what if we run out of road? Yes – there are all sorts of things that IMF, FED, ECB can do to keep paper economy going for a while longer. central banks have two choices: watch the economy collapse to a state far worse than its pre-QE1 outset, or continue on the path of QE…^n. This will end badly and with consequences not well understood or prepared for. The risks point to a large shrinkage of financial claims (what we think we own on paper), either via increased government involvement squeezing out functioning markets, or by markets abandoning currencies in a terminus of faith in an abstraction. The resulting supply chain disruptions to a world now used to globalized just-in-time inventory input/component replacements are something that will require focused top down response in combination with individuals psychologically preparing for less, potentially significantly less.

The federal reserve is a bank, with capital like any other

They have paid in capital from their member banks IIRC of about 57 billion right now. With this amount of capital they have expanded their balance sheet, of securities they ‘bought’ and in return placed reserves on balance sheets of commercial banks, to almost $3 trillion. The 3 trillion is used for liquidity as the securities the banks offloaded to the fed was illiquid (and underwater). At some point they will need more capital. It’s all a confidence thing.  The ECB is even more leveraged.

This money wasn’t really ‘created’ as it wasn’t printed (total amount of printed money in system is around 950 billion (I understand about half of it is in drug cash piles etc).

“Printing” by the FED has become a blogosphere concept and is flat wrong. There are way too many twitterers  that don’t really understand what is happening, or what is possible, or bank balance sheets. Under QE1 and QE2 the money sitting in banks asset ledgers cannot be lent out – the only thing it could possibly be used for is to call in actually federal reserve notes -but that didn’t happen – it DID allow banks to get crap off their balance sheets.

There are only 3 things a central bank can do:

  1. They can drive interest rates directly (already down to zero)
  2. They can buy assets and thus drive interest rates down indirectly
  3. They can stabilize markets by providing lending facilities if interbank lending goes sour

The central banks do not control the money supply – that occurs via bank lending.

Keeping rates low is necessary but insufficient criteria for improving the economy.

The Fed is relegated to being ‘wing-man’ to government at this point.  The only other possibility is for them to go into retail banking, providing loans directly to John Q Public. they could do that via buying BofA for example.

Ben Bernacke and company are largely done – they’ve done what they can do. IMO there is a vast misconception both by economists and by financial bloggers about how money is really created. The FED doesn’t control our money supply (though they make the rules for member banks). Money comes into existence from the commercial banks, and it is simpler than most imagine.

The creation of money was never an issue when resources were cheap and unlimited. We had a scarcity of money relative to available resources. That inverted starting in the 1970s. Now we have a (large and growing) surplus, as people try to treat money as if it were energy.

 

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Corporate Welfare

Big business sets the agenda for what legislation our elected officials spend their time on at the national, state, and local levels, and even write the legislation and pass it on via lobbyists.

What ever your issue is, you can forget it until there is campaign finance reform.  The best book I know of is Lawrence Lessig’s, in “Republic, Lost: How Money Corrupts Congress–and a Plan to Stop It“.  Lessig estimates taxpayers pay about $90 Billion a year to corporations in tax loopholes, tax breaks, tax credits, and so on.  This squelches small businesses, who can’t compete since they don’t have enough money to pay legislators to do the same for them.

And then there’s David Cay Johnston’s book “The Fine Print: How Big Companies Use “Plain English” to Rob You Blind“.   If you don’t have time to read a book, listen to  NPR’s Fresh Air interview with Johnston. He says  Americans have paid telecommunication companies extra fees that add up to half a Trillion dollars which these companies were supposed to have used to build a fast and cheap internet, cable, and phone system.  They didn’t. We pay as much as 38 times more than the Japanese for a system that’s up to 10 times slower.

Corporate Welfare in the news

Looking at Some Corporate Tax Loopholes Ordinary Citizens May Envy By ANDREW SORKIN April 14, 2014

Books about corporate welfare

The Corporation: The Pathological Pursuit of Profit and Power by Joel Bakan

“Corporations Are Not People: Why They Have More Rights Than You Do and What You Can Do About It” by Jeffrey D. Clements

“Free Lunch: How the Wealthiest Americans Enrich Themselves at Government Expense (and Stick You with the Bill)” by David Cay Johnston

Perfectly Legal: The Covert Campaign to Rig Our Tax System to Benefit the Super Rich–and Cheat Everybody Else by David Cay Johnston

“When Corporations Rule the World” by David C Korten

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Drought cost more than hurricane in 2012

Jeff Masters. 16 Nov 2012. Lessons from 2012: Droughts, not Hurricanes, are the Greater Danger. wunderground.com

The colossal devastation and loss of life wrought by Hurricane Sandy makes the storm one of the greatest disasters in U.S. history. The storm and its aftermath have rightfully dominated the weather headlines this year, and Sandy will undoubtedly be remembered as the most notable global weather event of 2012. But shockingly, Sandy is probably not even the deadliest or most expensive weather disaster this year in the United States–Sandy’s damages of perhaps $50 billion will likely be overshadowed by the huge costs of the great drought of 2012. While it will be several months before the costs of America’s worst drought since 1954 are known, the 2012 drought is expected to cut America’s GDP by 0.5 – 1 percentage points, said Deutsche Bank Securities this week. “If the U.S. were growing at 4 percent, it wouldn’t be as big an issue, but at 2 percent, it’s noticed,” said Joseph LaVorgna, the chief U.S. economist at Deutsche. Since the U.S. GDP is approximately $15 trillion, the drought of 2012 represents a $75 – $150 billion hit to the U.S. economy. This is in the same range as the estimate of $77 billion in costs for the drought, made by Purdue University economist Chris Hurt in August. While Sandy’s death toll of 113 in the U.S. is the second highest death toll from a U.S. hurricane since 1972, it is likely to be exceeded by the death toll from the heat waves that accompanied this year’s drought. The heat waves associated with the U.S. droughts of 1980 and 1988 had death tolls of 10,000 and 7,500 respectively, according to NOAA’s National Climatic Data Center, and the heat wave associated with the $12 billion 2011 Texas drought killed 95 Americans. With July 2012 the hottest month in U.S. history, I expect the final heat death toll in the U.S. this year will be much higher than Sandy’s death toll.

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Fungi threatens crops feeding billions of people

Preface. And the World Health Organization (2022) released a list of health threatening fungi. In California and the southwest more people are catching valley fever, oaks are dying sudden oak death (SOD) from a fungus. Some scientists expect that climate change will allow harmful fungi to thrive.

Alice Friedemann  www.energyskeptic.com  Author of Life After Fossil Fuels: A Reality Check on Alternative Energy; When Trucks Stop Running: Energy and the Future of Transportation”, Barriers to Making Algal Biofuels, & “Crunch! Whole Grain Artisan Chips and Crackers”.  Women in ecology  Podcasts: WGBH, Jore, Planet: Critical, Crazy Town, Collapse Chronicles, Derrick Jensen, Practical Prepping, Kunstler 253 &278, Peak Prosperity,  Index of best energyskeptic posts

Kai Kupferschmidt. 10 Aug 2012. Attack of the Clones. Fungi have long been seen as the least interesting pathogens, but two catastrophes in the animal world have changed that view. Science 337: 636-638

Fungi have now become a greater global threat to crops, forests, and wild animals than ever before. They have killed countless amphibians, pushing some species to extinction, and they’re threatening the food supply for billions of people. More than 125 million tons of the top five food crops—rice, wheat, maize, potatoes, and soybeans—are destroyed by fungi every year.

Like other infectious agents, fungi benefit from a combination of trends, such as increased global travel and trade, new agricultural practices, and perhaps global warming.

For decades, fungal diseases have been overshadowed by bacteria and viruses. “There are probably 50 or 100 bacterial experts for every fungal expert,” says Bruce McDonald, a plant pathologist at the Swiss Federal Institute of Technology in Zurich.

This is partly because it’s hard to study fungi — they’re complex, with huge genomes and hard to characterize consequently.  We know of about 70,000 species, but there are likely somewhere between 1.5 and 5 million species.

Animals being killed by fungal diseases include bats, which are worth at least 3.7 billion dollars a year to agriculture, since they pollinate plants and eat pests.  Fungi are also killing massive numbers of amphibians, crabs, corals, corn, the Cavendish banana, potatoes (the famous Irish potato blight), rattlesnakes, land crabs, avocado trees, cultured abalone, and the eggs of sea turtles.

Food.  More food is lost to fungal diseases than viruses, bacteria, and nematodes combined. Threats include Potato blight, rice blast, wheat stem rust, soybean rust, and corn smut, which destroy enough food to feed 600 million people.

Forests. Cryphonectria parasitica has killed more than 80% of the 4 billion American chestnut trees. Other fungi are killing Canadian Pines, United Kingdom larches, and California oak trees.

Why Now? Increased trade, travel, and tourism.  They can live for years outside the host, either as spores or living on dead matter, and they are everywhere.  Exotic plant materials are routinely imported into countries world-wide.  Fungi can attack many kinds of victims — for example, Cryptococcus neoformans can invade a human, a mouse, an amoeba, a worm, or a plant. B. dendrobatidis infects more than 500 amphibian species.

Food crops are mostly genetically identical grown in monoculture across enormous areas of land.  These crops are often only protected from fungal disease by one resistance gene.

Fungi can reproduce both sexually and asexually.

How will climate change affect fungi?

“For most of human history, fungi did not present a big threat to us or the animals we care about most, such as cows, pigs, cats, and dogs. That changed in the 20th century, when the HIV pandemic, transplantations, and steroid therapies caused millions of people to live with compromised immune systems. For them, fungi can be deadly. A 2009 paper in AIDSestimated that close to 1 million people annually develop cryptococcal meningitis, a fungal infection of the membranes covering the brain, and most die from it.

Casadevall believes humans may lose their edge as the world gets warmer. “It is very likely that the fungi will adapt” to higher temperatures, he argues. Organisms that are currently not pathogenic because they are not adapted to the human body temperature could make the jump.

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China Water issues

China is one of a few and often only place making products from computers to furniture, as well as the components of most products, so if China collapses, the ripple effects will be felt elsewhere.

On the other hand, if China doesn’t collapse, the risk of homo sapiens going extinct is much higher, since China will be able to continue to mine and burn coal, potentially enough to raise the earth’s temperature to the point of rendering a third of the land uninhabitable from high wet bulb heat.  Plus burning coal will acidify the ocean, raise the ocean levels even higher, pollute the water, air, and land, etc.

People complain we don’t make anything in America anymore and could fix the economy by growing through making stuff, but what we’ve done is export our pollution (“external costs”) elsewhere.  This lowers our health care costs, has kept some farm land from being built on, left a bit more forest, minerals, clean water, and other essential resources than we would have had.  Making stuff has only made the top 1% in China rich (they have even more wealth disparity than the USA), and 99% of the people can’t get clean water or food.

America has many of these problems as well.

A summary of: Jianguo Liu, et. al. 10 Aug 2012. Water Sustainability for China and beyond. Science.

Plans of the Chinese government to conserve water may backfire and cause both environmental and economic problems.  Between fairly scarce water and a rising population, decaying water infrastructure, and inadequate oversight of water projects, China is going to have a lot of trouble providing clean water to people.  For example, water shortages force people to build treatment plants on top of arable soil, lessening food production, plus these facilities use a lot of energy and water, which are needed by industrial facilities as well.

Statistics

  • Safe drinking water: 300 million people don’t have it. Water quality is further eroded by eutrophication, loss of biodiversity and bioinvasion.
  • Water shortages     1) 440 of China’s 669 big cities have water shortages. 2) Both surface and groundwater has been depleted to grow food and to increase coal production. 3) Glaciers are melting from climate change, reducing water even further
  • Pollution: 40% of China’s rivers are severely polluted
  • 53% of China’s 87,000 dams are past their life spans or will be within 10 years, increasing the risk of structural failure
  • Eutrophication: 80% of the lakes
  • Tremendous water pollution from pesticides, chemical fertilizers, and runoff from rapid housing development

 

 

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Sea Level Rise

[ There are four major sources of sea level rise that are related to human activity: thermal expansion (as ocean water heats up, it physically expands), melting mountain glaciers worldwide, the continental ice sheets of Greenland and Antarctica, and the pumping of groundwater for human use.  So much new information keeps coming out that I haven’t been able to keep up with the latest predictions, though here’s one I ran across today. Alice Friedemann   www.energyskeptic.com ]

Damian Carrington. February 8, 2016. Sea-level rise ‘could last twice as long as human history’. TheGuardian.

A report published in the journal Nature Climate Change, notes that one of the biggest consequences for civilization will be the long-term melting of polar ice caps and sea-level rise. Ice sheets take thousand of years to react fully to higher temperatures.  Even if temperatures rise less than 2C, sea level will rise by 25 meters over the next 2,000 years  and remain that high for at least 10,000 years – twice as long as human history. Higher than that and the sea would rise by 50m and Entire populations would have to move. By far the greatest contributor to the sea level rise – about 80% – would be the melting of the Antarctic ice sheet. Another new study in Nature Climate Change published on Monday reveals that some large Antarctic ice sheets are dangerously close to losing the sea ice shelves that hold back their flow into the ocean. Huge floating sea ice shelves around Antarctica provide buttresses for the glaciers and ice sheets on the continent. But when they are lost to melting, as happened the with Larsen B shelf in 2002, the speed of flow into the ocean can increase eight-fold.

August 2014   A new study published Wednesday in the open-source journal Earth Systems Dynamics provides that upper bounds for the first time, and it’s bigger than we thought: Antarctica alone may contribute up to 37 cm (14.5 inches) to global seas by 2100, more than triple previous worst-case estimates.

Tanya Lewis. 8 Nov 2012. Sea level rise overflowing estimates Feedback mechanisms are speeding up ice melt. Science News.

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GAO 2012 Spent Nuclear Fuel

[ If we don’t clean up nuclear waste while there is still the energy and a functioning financial system to make it happen, it won’t.  Yet another nightmare for future generations.  Shameful.  Disgusting. 

Alice Friedemann   www.energyskeptic.com  author of “When Trucks Stop Running: Energy and the Future of Transportation”, 2015, Springer and “Crunch! Whole Grain Artisan Chips and Crackers”]

USGAO.  August 2012. Spent Nuclear Fuel. Accumulating Quantities at Commercial Reactors Present Storage and Other Challenges. United States Government Accountability Office  GAO-12-797 

Nuclear fuel that has been used and removed from the reactor core of a nuclear power plant—known as spent nuclear fuel—is one of the most hazardous substances created by humans.   Some radioactive components of spent fuel remain hazardous for tens of thousands of years. In the United States, the national inventory of commercial spent nuclear fuel amounts to nearly 70,000 metric tons.

Commercial spent fuel is stored at reactor sites; about 74 percent of it is stored in pools of water, and 26 percent has been transferred to dry storage casks. The United States has no permanent disposal site for the nearly 70,000 metric tons of spent fuel currently stored in 33 states.

The amount of spent fuel stored on-site at commercial nuclear reactors will continue to accumulate—increasing by about 2,000 metric tons per year and likely more than doubling to about 140,000 metric tons—before it can be moved off-site, because storage or disposal facilities may take decades to develop. In examining centralized storage or permanent disposal options, GAO found that new facilities may take from 15 to 40 years before they are ready to begin accepting spent fuel. Once an off-site facility is available, it will take several more decades to ship spent fuel to that facility.

This situation will be challenging because by about 2040 most currently operating reactors will have ceased operations, and options for managing spent fuel, if needed to meet transportation, storage, or disposal requirements, may be limited.

Studies show that the key risk posed by spent nuclear fuel involves a release of radiation that could harm human health or the environment. The highest consequence event posing such a risk would be a self-sustaining fire in a drained or partially drained spent fuel pool, resulting in a severe widespread release of radiation.  

Because a decision on a permanent means of disposing of spent fuel may not be made for years, NRC officials and others may need to make interim decisions,

Transferring spent fuel from wet to dry storage offers several key benefits, including safely storing spent fuel for decades after nuclear reactors retire—until a permanent solution can be found—and reducing the potential consequences of a pool fire.  Transferring spent fuel from wet to dry storage is generally safe, but there are risks to moving it,

If not properly contained or shielded, the intense radioactivity of spent fuel can cause immediate deaths and environmental contamination and, in lower doses, cause long-term health hazards, such as cancer.

DOE is charged with investigating sites for a federal geologic repository to dispose of spent nuclear fuel and high-level nuclear waste from commercial nuclear power plants and some defense activities under the Nuclear Waste Policy Act of 1982, as amended.  In 1987, however, Congress amended the act to direct DOE to focus its efforts only on Yucca Mountain, Nevada and to contract with commercial nuclear reactor operators to take custody of their spent nuclear fuel for disposal at the repository beginning in January 1998, but because of a series of delays due to, among other reasons, state and local opposition to the construction of a permanent nuclear waste repository in Nevada and technical complexities, DOE was unable to begin receiving waste by that time.   Because it did not take custody of the spent fuel starting in 1998, DOE reports that as of September 2011, 76 lawsuits have been filed against it by utilities to recover claimed damages resulting from the delay. These lawsuits have resulted in a cost to taxpayers of about $1.6 billion from the U.S. Treasury’s judgment fund. DOE estimates that future liabilities will total about an additional $19.1 billion through 2020 and that they may cost about $500 million each year after that.

This report does not address the about 13,000 metric tons of spent nuclear fuel and high-level waste DOE manages, which was primarily generated by the nation’s nuclear weapons program. For example, DOE manages some former commercial spent fuel, such as spent fuel at a reactor at Fort St. Vrain in Colorado.

Spent nuclear fuel consists of thumbnail-sized pellets of uranium dioxide fitted into 12- to 15-foot hollow metal rods, which are bundled together into assemblies. Operators of commercial nuclear power reactors use two methods to store spent nuclear fuel: wet storage in pools of water or dry storage in steel and concrete casks. When reactor operators first remove spent fuel from a reactor, it is thermally hot and intensely radioactive and must be immersed in deep pools of water, which cools the spent fuel and shields the environment from the spent fuel. As the inventory of spent fuel has grown, reactor operators have increased the number of assemblies stored in the pools—generally 40 feet deep—by replacing existing storage racks with newer racks holding denser arrangements of assemblies. Despite the denser arrangements, which can sometimes hold thousands of assemblies, spent fuel pools have limited capacity. Beginning in the 1980s, reactor operators began to transfer spent fuel to dry cask storage systems to free space in the pools for fuel removed from the reactor. Spent fuel can be transferred to dry storage once it has aged sufficiently to be cooled by passive air ventilation—generally after about 5 years. Dry cask storage typically consists of a stainless steel canister placed inside a larger stainless steel or concrete cask, which isolates it from the environment. Dozens of community action and environmental groups have advocated that reactor operators accelerate the transfer of spent fuel from pools to dry storage cask systems, believing the risks of dry storage are lower than that of wet storage. NRC maintains that spent fuel is safe and secure in both wet and dry storage systems.

Fuel for commercial nuclear power reactors is typically made from low-enriched uranium fashioned into thumbnail-size ceramic pellets of uranium dioxide. These pellets are fitted into 12- to 15-foot hollow rods, referred to as cladding, made of a zirconium alloy. The rods are then bound together into a larger assembly. A typical reactor holds about 100 metric tons of fuel when operating—generally from 200 to 800 fuel assemblies. The uranium in the assemblies undergoes fission—a process of splitting atoms into fragments and neutrons that then bombard other atoms—resulting in a sustainable chain reaction that creates an enormous amount of heat and radioactivity. The heat is used to generate steam for a turbine, which generates electricity. The fragments created when fission splits atoms, or when bombarding neutrons bond with atoms, include hundreds of radioisotopes, or radioactive substances, such as krypton-90, cesium-137, and strontium-90. Furthermore, the neutron bombardment of uranium can also create heavier radioisotopes, such as plutonium-239. The radioisotopes produced in a reactor can remain hazardous from a few days to many thousands of years; these radioisotopes remain in the fuel assemblies and as components of the resulting spent fuel.

Each fuel assembly is typically used in the reactor for 4 to 6 years, after which most of the fuel it contains is spent, and the uranium dioxide is no longer cost-efficient at producing energy. Reactor operators typically discharge about one-third of the fuel assemblies every 18 months to 2 years and place this spent fuel in a pool to cool. Water circulates in the pool to remove the enormous heat generated from the radioactive decay of some of the radioisotopes. As long as circulating water continues to remove this heat, pool water temperature is maintained well below boiling, typically below 120 degrees Fahrenheit. If exposed to air, however, recently discharged spent fuel could rise in temperature by hundreds or thousands degrees Fahrenheit. A pool is needed to ensure that heat generated from the decay of radioisotopes, particularly immediately after discharge from a reactor, does not damage fuel rods and release radioactive material

The pools of water are typically about 40 feet deep, with at least 20 feet of water covering the spent fuel, and the water is cooled and circulated to keep the assemblies from overheating. These pools are constructed according to NRC’s requirements, typically 4- to 6-feet thick with steel-reinforced concrete and a steel liner. The pools must be located inside what is known as the vital area of a nuclear power reactor, protected by armed guards, physical barriers, and limited access. Within the vital area, pools may be in one of two locations, depending on the type of reactor. In a pressurized water reactor, spent fuel is stored in a pool at or below ground level, but in a typical boiling water reactor, spent fuel is stored in a pool well above ground level, near the reactor vessel, as high as three stories above ground.

To remove a spent fuel assembly from the reactor, an operator must stop the nuclear chain reaction, then allow the water in the reactor to depressurize and cool before accessing the fuel assemblies, a process that typically takes several days. Once spent fuel is discharged from a reactor and placed in a pool, the spent fuel continues to decay into other substances and continues to generate enormous amounts of heat.16 For example, plutonium-239—one of the components of spent fuel—decays into various radioactive substances, such as thorium and radium, and eventually decays into a stable, nonradioactive form of lead, although the entire process may take millions of years. As a general rule, the older the spent fuel, the cooler and less hazardous it is, but the spent fuel still has enough long-lived components to make it dangerous to humans and the environment for tens of thousands of years.

Typically, according to NRC officials, spent fuel must remain in a pool for at least 5 years to decay enough to remain within the heat limits of currently licensed dry cask storage systems. Spent fuel cools very rapidly for the first 5 years, after which the rate of cooling slows significantly. Spent fuel can be sufficiently cool to load into dry casks earlier than 5 years, but doing so is generally not practical. Some casks may not accommodate a full load of spent fuel because of the greater heat load. That is, the total decay heat in these casks needs to be limited to prevent the fuel cladding from becoming brittle and failing, which could affect the alternatives available to manage spent fuel in the future, such as retrieval. In recent years, reactor operators have moved to a slightly more enriched fuel, which can burn longer in the reactor. Referred to as high-burn-up fuel, this spent fuel may be hotter and more radioactive coming out of a reactor than conventional fuel and may have to remain in a pool for as long as 7 years to cool sufficiently. In the original designs submitted for spent fuel pools, fuel assemblies were packed in relatively low densities, but operators have replaced these low-density racks with higher-density racks to store more spent fuel. According to NRC officials, NRC accepts high-density storage of spent fuel if certain conditions are met, such as adequate cooling, the maintenance of structural integrity, and the prevention of a critical chain reaction. Neutron-absorbing materials can be used to keep closely packed assemblies from starting a chain reaction.  As pools began to fill in the 1980s, NRC conducted several safety studies on the impact of increasing the density of spent fuel in pools and determined that the risk of a potential release from overheating or igniting, or even of a critical chain reaction from the dense geometric configuration, was small, particularly if certain steps were taken to reduce the risk. Even with re-racking to a dense configuration, however, spent nuclear fuel pools are reaching their capacities and may contain several thousand assemblies each.

As reactor operators have run out of space in their spent fuel pools, more operators have turned to dry cask storage systems. These systems consist of a steel canister protected by an outer cask made of steel or steel and concrete to provide shielding from the heat and radiation of spent fuel. In one typical process of transferring spent fuel to dry storage, reactor operators place a steel canister inside a larger steel transfer cask and lower both into a pool. Spent fuel is loaded into the canister, a lid is placed on the canister, and then both the canister and transfer cask are removed from the pool. The lid is welded onto the canister, and the water drained. Then the canister and transfer cask are aligned with a storage cask and the canister is maneuvered into the storage cask. The storage casks, in either vertical or horizontal designs, are usually situated on a large concrete pad surrounded by safety systems and a security infrastructure, such as radiation detection devices and intrusion detection systems.

In addition to regulating the construction and operation of commercial nuclear power plants, NRC also regulates spent fuel in dry storage. NRC requires that spent fuel in dry storage be stored in approved systems that offer protection from significant amounts of radiation. NRC evaluates the design of passively air-cooled dry storage systems for resistance to certain natural disasters, such as floods, earthquakes, tornado missiles, and temperature extremes. NRC may require physical tests of the systems, or it may accept information derived from scaled physical tests and computer modeling. For example, dry storage systems must be able to withstand, among other things, being dropped from the height to which it would be lifted during operations; being tipped over by seismic activity, weather, or other forces or accidents; fires; and floods. NRC has also analyzed the performance of dry storage systems in different terrorist attack scenarios. Once a dry storage system is approved, NRC issues a certificate of compliance for a cask design. Currently, NRC may issue a cask certificate for a term not to exceed 40 years. Similarly, NRC may renew a cask certificate for a term not to exceed 40 years beyond the licensed life of the reactor in a combination of wet and dry storage. Four states, an Indian community, and environmental groups petitioned for review of NRC’s rule, however, arguing in part that NRC violated the National Environmental Policy Act by failing to prepare an environmental impact statement in connection with the determination. On June 8, 2012, the U.S. Court of Appeals for the District of Columbia Circuit held that the rulemaking did require either an environmental impact statement or a finding of no significant environmental impact and remanded the determination and rule back to NRC for further analysis.

NRC has not yet indicated what actions it will take in response to the court’s action.

The length of time that spent fuel can safely be stored in dry casks is uncertain. We earlier reported that experts agree that spent fuel can be safely stored for up to about 100 years, assuming regular monitoring and maintenance.

Spent Nuclear Fuel Could Nearly Double before Being Transported to a Storage or Disposal Facility

The amount of spent fuel is expected to more than double to about 140,000 metric tons by 2055, when the last of currently operating reactors is expected to retire, according to the Nuclear Energy Institute, but it may take at least that long to ship the spent fuel off-site. This amount is based on the assumption that the nation’s current reactors continue to produce spent nuclear fuel at the same rate—about 2,000 additional metric tons annually; that no new reactors are brought online; and that some decline in the generation of spent fuel takes place as reactors are retired. At the end of 2012, over 69,000 metric tons is expected to accumulate at 75 sites in 33 states, enough to fill a football field about 17 meters deep. Without central storage options or an available permanent disposal facility, spent fuel continues to accumulate at the sites where it was generated.

Current industry practice has been to store the spent fuel in the pools, with an industry expectation that, at some point, DOE would begin to take custody of it. In 2011, about 74 percent of commercial spent fuel was stored in pools, and the remaining 26 percent was in dry storage, but these proportions will slowly change as more pools fill and the spent fuel is transferred to dry storage. According to the Nuclear Energy Institute, by 2025, assuming no new reactors, the proportion of spent fuel in wet storage and dry storage should be roughly equal, about 50,000 metric tons in each. Shortly after 2055, when the last currently operating reactors’ licenses are expected to expire, and the reactors are expected to retire, virtually all the spent fuel arising from the current fleet will have been moved to dry storage. Figure 7 shows the trend of accumulated spent fuel and the rate of spent fuel transferred from wet storage to dry storage through 2067, according to our analysis of Nuclear Energy Institute data.

When it became evident that DOE was likely decades behind its deadline to pick up spent fuel, nuclear power plant operators began transferring spent fuel to dry storage to retain enough space in their pools to safely discharge fuel from their reactors. The rate of transfer differs by the operating and spent fuel characteristics of the reactor—that is, reactor type and size—as well as the size of the spent fuel pool. In general, reactor operators must transfer an average of three to six canisters each year to keep pace with the discharge of spent fuel from their reactors. Table 1 provides data on reactors and spent fuel and the rate of transfer anticipated to dry storage.

Reactor operators continue to fill their spent fuel pools until capacity is reached, in part because the transfer of spent fuel to dry storage is costly and time-consuming. Specifically, operators must take extensive steps to ensure that safety precautions to protect workers and the public are met. Before an operator can transfer a single fuel assembly to dry storage, the operator must train personnel and practice the procedure. According to industry representatives, these efforts involve several weeks of mobilization and demobilization of equipment before and after the transfer. The transfer of spent fuel to a single canister typically takes at least 1 week.

Our analysis showed that regardless of which storage or disposal scenario was considered, it would take at least 15 years to open an off-site location and decades to ship the spent fuel once the central storage or disposal facility became available.

The time needed for shipment depends on the amount of fuel accumulated and assumes a shipment rate of 3,000 metric tons per year—the rate that DOE developed as part of its plans for Yucca Mountain. Experts we consulted in our prior work agreed this rate was reasonable. A faster or slower shipping rate could affect the rate of continued accumulation or drawdown of the backlog. When we conducted our analysis in 2009, we reported that Yucca Mountain—the first scenario—was likely to offer the earliest option for off-site disposal, in 2020.

If the licensing process for Yucca Mountain were resumed in 2012, we estimate that DOE would require roughly at least 15 more years to open the site as a repository, or sometime around 2027. We estimate that the second scenario—for the federal government to site, license, construct, and open two centralized storage facilities—might take about 20 years, with completion in 2032, because of the complexities in siting, licensing, and constructing such facilities. We estimate that the third scenario—for a potential permanent disposal facility as an alternative to the Yucca Mountain repository—would take the longest to be realized, about 40 years, or 2052, because of the additional scientific analysis required to ascertain the safety of a permanent disposal facility.

As Many Nuclear Reactors Begin Closing in 2040, Growing Quantities of Spent Fuel May Be Stranded in Place

During the decades it will take to open a storage or disposal facility, many reactors will be retiring from service, “stranding” their accumulated spent fuel in a variety of different dry storage systems, with no easy way of repackaging them should repackaging be required to meet storage or disposal requirements.

Most U.S. reactors were built during the 1960s and 1970s and, after a 40-year licensing period with a possible 20-year extension, will begin retiring in large numbers by about 2030 and emptying their pools by about 2040.

NRC regulations require radioactive contamination to be reduced at a reactor to a level that allows NRC to terminate the reactor license and release the property for other use after a reactor shuts down permanently. This cleanup process—known as decommissioning—costs hundreds of millions of dollars per reactor, and NRC is responsible for ensuring that operators provide reasonable assurance that they will have adequate funds to decommission their reactors. Once a spent fuel pool is removed, reactor operators will have limited options for managing spent fuel. For example, if reactor operators need to repackage their spent fuel because a canister has degraded or because other transportation or disposal requirements must be met, they will have to build a new spent fuel pool or some other dry transfer facility, or they will need to ship their spent fuel to another site with a wet or dry transfer facility.

As of January 2012, the United States had nine decommissioned commercial nuclear power plant sites. Seven of these plants have completely removed spent fuel from their pools—a total of 1,748 metric tons—as well as all infrastructure except that needed to safeguard the spent fuel. The other two sites, which have a total of 5,103 metric tons of spent fuel in both wet and dry storage, are in the process of emptying their pools and transferring all their spent fuel to dry storage.

Assuming that no centralized storage or permanent disposal facility becomes available, our analysis indicates that by 2040, the amount of stranded spent fuel in closed commercial nuclear power plants will total an estimated 3,894 metric tons; by 2045, that amount could increase to 28,751 metric tons; and by 2050, the amount could be 62,237 metric tons. By 2067, nearly all of the 140,000 metric tons of spent fuel could be stranded in dry storage.

The Key Risk of Stored Spent Fuel Is Difficult to Quantify, but Some Mitigating Actions Have Been Taken

A 2006 National Academy of Sciences study also found that a spent fuel fire could release large quantities of radioactive materials into the environment and cause widespread contamination.

NRC officials, as well as studies by Sandia National Laboratories (commissioned by NRC) and the National Academy of Sciences (2006), informed us about the conditions that could lead to a fire. Such a fire could occur only if enough water in the spent fuel pool were lost, such as through drainage or boiling away, exposing roughly the top half of the fuel assemblies. Without sufficient water to keep spent fuel covered and cool, it is possible that some of the hotter assemblies—those most recently discharged from a reactor—could ignite. Furthermore, once started, a fire in a spent fuel pool would be very difficult to extinguish because, in such a case, the zirconium alloy making up the metal cladding surrounding the assemblies would react with oxygen and, when a certain temperature was reached, would begin a chemical reaction that releases energy and raises the temperature. Essentially, the fire becomes hotter and self-sustaining and, depending upon the density of spent fuel in the pool, could spread to other assemblies. On the basis of studies cited by NRC officials and a Sandia National Laboratories study, a fire in a fully drained pool can start at about 1,830 degrees Fahrenheit (about 1,000 degrees Celsius). A zirconium fire does not involve flames; rather, it burns like a welding torch.

The National Academy of Sciences stated in a 2006 study that the probability of a terrorist attack on spent fuel storage cannot be assessed quantitatively or comparatively and that it is not possible to predict the behavior and motivations of terrorists. This study noted, and a National Academy of Sciences official expressed concern, that in the NRC-sponsored studies available when the National Academy of Sciences was performing its work, NRC did not examine some low probability scenarios that could result in severe consequences and that, although unlikely, should be protected against.

Efforts to mitigate safety and security risks could reduce the effects of key factors in the dynamics of a potential fire in a spent fuel pool, according to our analysis of Sandia National Laboratories studies on pool fire scenarios. Still, disagreement exists—largely between community action groups and NRC—as to the appropriate density of assemblies in a spent fuel pool.

Representatives from community action groups we interviewed said that even with NRC’s mitigation efforts, spent fuel pools remain too densely packed and that the total amount of spent fuel in the pools should be reduced by accelerating the transfer of spent fuel into dry storage. In addition, a 2003 study led by a scholar at a community action group proposed open rack storage for spent fuel pools. Under this proposal, 20 percent of the pool assemblies would be transferred to dry storage, which would then allow an open channel on each side of the pool. This configuration would help promote air convection between the assemblies and, in turn, reduce the probability of an ignition and subsequent spread to other assemblies. The fewer assemblies that catch fire, the smaller the amount of potential radiation that could be released into the atmosphere.

NRC requires nuclear reactor sites to develop and implement strategies to maintain or restore cooling of reactor cores, containment, and cooling capabilities for spent fuel pools under circumstances due to explosions or fire—a requirement that includes providing sufficient, portable, and on-site cooling equipment. A Sandia National Laboratories study determined that when holes in pool structure cause significant water drainage, reactor operators would generally have from a few hours to a few days to replace lost water or cool spent fuel with sprays in an effort to prevent a fire. If no water drained, such as in a loss-of-power event that caused a loss of cooling and allowed the pool water to boil, reactor operators might have days or weeks. NRC officials said that as spent fuel is uncovered, sprays are efficient and effective in cooling fuel assemblies. They also told us that trade-offs exist between installed and portable spray systems. Installed spray systems can be operated remotely but are susceptible to damage during an event. Portable systems provide adequate spray and are stored at least 100 yards away from the pool in secure places, but in case of an event, reactor operators may not always have access to the pool area to use them because of radiation hazard or physical obstruction.

According to a member of a community action group we interviewed, replacement water and sprays may be effective in cooling spent fuel, but replacement water may not contain boron, which is needed to absorb neutrons and prevent a critical chain reaction. This member told us that there is no requirement for reactor operators to keep a supply of boron to add to replacement water.

After the Fukushima Daiichi nuclear power reactor accident, NRC in March 2012 supplemented existing requirements by issuing an order instructing nuclear power operators to install monitoring equipment to remotely measure a wider range of water levels in spent fuel pools. NRC issued a second order, also in March 2012, that required reactor operators to ensure the effectiveness of water mitigation measures. It is more difficult to provide sprays and replacement water to boiling water reactor pools because they are typically several stories above ground and located close to the reactor,33whereas spent fuel pools for pressurized water reactors are at ground level or partially embedded in the ground. At Fukushima Daiichi, cooling flow to the spent fuel pool was lost during the loss of off-site power and was not immediately restored with the use of emergency diesel generators. Emergency operators did not have remote monitoring equipment to determine whether pool water levels had dropped enough to expose the spent fuel.

Spent Fuel in Dry Storage Is Less Susceptible to a Significant Radiological Release Than Is Spent Fuel Stored in Pools

Spent nuclear fuel in dry storage is less susceptible to a radiological release of the magnitude of a zirconium fire in a spent fuel pool, according to documents we reviewed and interviews we conducted with officials from NRC, the National Academy of Sciences, and the Nuclear Waste Technical Review Board; officials from industry; and representatives of community action groups. Such a release is less likely for the following reasons:

Spent fuel cools rapidly, and spent fuel in dry storage—typically at least 5 years old—has cooled sufficiently so that ignition is less likely. In addition, passive air cooling in dry cask storage systems is not affected by the loss of off-site power, and active monitoring—other than ensuring that air vents are not clogged—is not necessary to prevent overheating and possible ignition.

The amount of radioactive material in a dry storage canister is a fraction of the amount of radiation in a spent fuel pool. According to the National Academy of Sciences’ 2006 study, each dry storage canister contains 32 to 68 fuel assemblies—whereas thousands of assemblies are typically stored in pools—and therefore each canister has less radioactive material that can be released than the radiation from a pool. Logically, breaching dozens of spent fuel canisters simultaneously could result in more severe consequences than a single breached canister, but breaching dozens of canisters simultaneously is difficult.

To trigger any severe off-site radiological release from spent fuel stored in a canister, the fuel would have to undergo aerosolization, which would entail breaching the outer and inner shielding units. Furthermore, any holes would have to be sufficiently large enough to allow release of the aerosolized spent fuel. It would be difficult to aerosolize radioactive material in dry storage and difficult to have some mechanism to transport the radioactive material away from the reactor site. Such mechanisms would require energy, such as a fire.

Dry storage is not as susceptible to the buildup of hydrogen as are spent fuel pools. If an accident or attack involving a spent fuel pool causes a loss of water, the fuel assemblies can heat up and produce steam. This steam can react with the hot zirconium cladding surrounding the fuel assemblies, producing hydrogen that, when mixed with oxygen, could cause an explosion and structural damage to the reactor building.

Once a reactor is decommissioned, spent fuel is less expensive to safeguard in dry storage than in wet storage. Specifically, we previously reported that the cost of operating a spent fuel pool at a decommissioned reactor could range from about $8 million to nearly $13 million a year but that the cost of operating a dry storage facility might amount to about $3 million to nearly $7 million per year.38 Nine reactor sites nationwide are currently shut down and partly decommissioned and have already transferred all their spent fuel to dry storage or are in the process of doing so, with plans to remove their spent fuel pools.

Accelerating the transfer of spent fuel from wet to dry storage entails some operational challenges, and some industry representatives told us that they have questioned whether the cost of overcoming these challenges is worth the benefit, particularly considering the low probability of a catastrophic release of radiation.

Accelerating the transfer of spent fuel is not justified, particularly given the billions of dollars it will cost, with no appreciable increase in safety.

A single fuel assembly from a boiling water reactor weighs about 700 pounds, and a single fuel assembly from a pressurized water reactor weighs about 1,500 pounds; dry storage casks, once fully loaded, can weigh from 100 to 180 tons or more.

Timing preferences and operational limitations could constrain how much spent fuel is transferred in a given year and may present an obstacle to accelerated transfer from wet to dry storage. Industry representatives told us that under current practice, reactor operators prefer to transfer spent fuel to dry storage during periods of time that do not interfere with refueling, receiving new fuel, required inspections, and maintenance or other activities vital to plant operations. These activities typically consume about 8 to 9 months of each year’s calendar. A routine dry storage loading operation may take 2 months or more, according to industry representatives. For example, one industry representative told us that it can take about 2 weeks to mobilize workers and equipment before the operation and about 2 more weeks to demobilize after the operation. Additionally, according to industry representatives at one operating reactor site we visited, each canister takes about 1 week to load, dry, seal, and move to a storage pad, which limits the number of canisters that can be loaded in a given year. In addition, spatial limitations—such as space for drying or welding lids onto multiple canisters, limited heavy lifting capabilities, and lack of free space in spent fuel pools to accommodate more than one cask at a time—may make simultaneous loading of canisters difficult. Some industry representatives we spoke with told us that there are limits on how much acceleration can be achieved in a single year.

Increasing costs. The transfer of spent fuel from wet to dry storage is costly in several ways. We estimated in a November 2009 report that the transfer cost for about five canisters is about $5.1 million to $8.8 million.46 One industry representative told us that if the transfer of spent fuel to dry storage were accelerated, the associated high upfront costs could strain some nuclear power plants’ budgets. These up-front costs, which would be incurred over a longer period without acceleration, include the construction of a storage pad with accompanying safety and security features, which, we reported, could cost about $19 million to $44 million.47 These costs are initially borne by ratepayers or plant owners but may be passed on to taxpayers as a result of industry lawsuits against DOE for failure to take custody of the spent fuel. Moreover, EPRI reported that as older, cooler spent fuel is loaded into canisters, reactor operators eventually will be left with younger, hotter spent fuel to transfer from wet to dry storage. Spent fuel stored in canisters generally should not exceed about 752 degrees Fahrenheit (400 degrees Celsius), and, as we reported earlier, spent fuel being discharged from reactors today may have to cool at least 7 years before it can be placed in dry storage. Given the heat load requirements for storing spent fuel, EPRI noted that it may not be possible to fill some canisters to capacity. Specifically, a canister with a capacity for 60 boiling water reactor assemblies that would store 60 older, cooler assemblies may be able to contain only 38 younger, hotter assemblies.

Managing Spent Fuel after Transfer from Wet to Dry Storage at Reactor Sites Presents Additional Challenges

Reactor operators had never intended to leave spent fuel on their sites for extended periods, but even if the United States began to develop an offsite centralized storage or disposal facility today, spent fuel—which has already been stored on-site for several decades—would be stored on-site for several decades more. As a result, the following challenges could affect decisions on managing spent fuel.

Repackaging stranded spent fuel. Once reactors are decommissioned, reactor operators have limited options for managing the stored spent fuel.

Specifically, once they package the spent fuel in canisters and dry casks, they are unlikely to have any means of repackaging if the canisters degrade over the long term, or if the operators have to meet different storage or disposal requirements. As we previously reported, experts told us that canisters are likely safe for at least 100 years, but by then the spent fuel may have to be repackaged because of degradation.48 By the time such repackaging might be needed, reactor operators may no longer have pools or the necessary infrastructure to undertake the repackaging, as was the case at the Haddam Neck site we visited. Specifically, the Haddam Neck site had already decommissioned the reactor, transferred all its spent fuel from wet to dry storage, and dismantled its spent fuel pool. If the spent fuel at the site needed to be repackaged, a special transfer facility would need to be built, or the spent fuel would need to be shipped to a site that had a transfer facility. In addition, to reduce costs, reactor operators are selecting a variety of dry storage systems that maximize storage capacity. These varied systems do not raise safety issues, but they may complicate a transfer to a centralized storage facility or a permanent disposal facility because different systems require different handling requirements, such as the type of grappling hook and the size of the transport cask required. These differences may present more complex engineering challenges and cost issues as time passes, and the volume of spent fuel in various systems increases. In addition, over time, it is possible that handling equipment would not be maintained and personnel would not continue to be trained. Maximizing storage capacity may raise additional engineering challenges and cost issues, particularly since larger canisters may meet storage requirements but not transportation requirements. The Nuclear Energy Institute has reported that of all the spent fuel currently in dry storage, only about 30 percent is directly transportable. It also reported that the remaining spent fuel could need as much as 10 more years of cooling to meet NRC’s transportation heat-load requirements to ensure that assemblies can withstand the force of a potential accident.

Reducing community opposition . As reactors begin to be closed down and decommissioned, reactor operators will leave spent fuel on sites that will serve no other purpose than storing that fuel. Continued on-site storage would likely face increasing community opposition, which could make it difficult for operators to obtain NRC recertification for storage sites at reactors, approval for licenses to extend the operating life of other reactors, or licenses for new reactors. According to officials from a state regional organization we spoke with, the longer the federal government defers a permanent disposition pathway for spent fuel, the less likely the public would be to accept interim solutions, for fear such solutions would become de facto permanent solutions. Also, in our prior work, experts noted that many commercial reactor sites are not suitable for long-term storage and that none have had an environmental review to assess the impacts of storing spent fuel beyond the period for which the sites are currently licensed.

Managing costs. Continued storage of spent fuel may be costly. Because owners of spent fuel would have to safeguard it beyond the life of currently operating reactors, decommissioned reactor sites would not be available to local communities and states for alternative development. The Blue Ribbon Commission recommended that the nation open one or more centralized storage facilities and put a high priority on transferring the so-called stranded spent fuel to free decommissioned reactor sites for other uses. We previously reported the cost of developing two federal centralized storage facilities to be about $16 billion to $30 billion, although this estimate does not include final disposal costs, which could cost tens of billions of dollars more. In addition, we also previously reported that if spent fuel needs to be repackaged because of degradation, repackaging could cost from $180 million to nearly $500 million,51 with costs depending on the number of canisters to be repackaged and whether a site has a transfer facility, such as a storage pool.

Planning transportation to an off-site facility. The transportation of large amounts of spent fuel is inherently complex and may take decades to accomplish, depending on a number of variables including distance, quantity of material, mode of transport, rate of shipment, level of security, and coordination with state and local authorities. For example, according to officials from a state regional organization we talked to and the Blue Ribbon Commission report, transportation planning could take about 10 years, in part because routes have to be agreed upon, first responders have to be trained, and critical elements of infrastructure and equipment need to be designed and deployed. In addition, according to the Nuclear Energy Institute, some spent fuel in canisters that serve a dual purpose— both storage and transportation—might not be readily transportable because NRC’s transportation requirements for heat and radioactivity may require additional time for cooling and decay. To transport spent fuel before it is sufficiently cooled, reactor operators might have to repackage it or place it in more robust transportation casks. Uncertainties also surround the transportation of high-burn-up fuel. The Blue Ribbon Commission noted that NRC has not yet certified a shipping cask for the transport of high-burn-up fuels, which are now commonly being discharged from reactors. Spent fuel that has been stored for extended periods may become degraded and require additional handling before it can be transported. NRC has reported that the zirconium cladding of high-burn-up fuel is known to become more brittle after long cooling periods. Once sealed in a canister, the spent fuel cannot easily be inspected for degradation. If the cladding degrades, there is no assurance the spent fuel would remain in a safe configuration, potentially leading to a nuclear reaction if conditions were right. NRC officials told us that if they determined that a safe geometry could not be maintained during transportation because of cladding degradation, they would require the owner of the spent fuel to demonstrate that an uncontrolled critical chain reaction would not occur and would not issue an approval for transportation until they could assure a safe geometric configuration. In addition, NRC expressed concerns about the safe handling of spent fuel after transportation because of uncertainties over the condition of large amounts of high-burn-up fuel that might have to be repackaged for disposal. As a result, NRC stated that until further guidance is developed, the transportation of high-burn-up fuel will be handled on a case-by-case basis using the criteria given in current regulations.54 Without a standardized cask design for storage, transportation, and disposal, it may be difficult to design the type of large-scale transportation program needed to transfer high-burn-up fuel away from reactor sites.

Maintaining security over the long term. Future security requirements for the extended storage of spent fuel are uncertain and could pose additional challenges. Specifically, before the September 11, 2001, terrorist attacks, spent nuclear fuel was largely considered to be self-protecting for several decades because its very high radiation would prevent a person from handling the material without incurring health or life-threatening injury in a very short time, although incapacitating health impacts may sometimes not occur for up to 16 hours.55 In addition, as spent fuel decays over time, it produces less decay heat. A spent fuel assembly can lose nearly 80 percent of its heat 5 years after it has been removed from a reactor and 95 percent of its heat after 100 years. Given the willingness of terrorists in recent years to sacrifice their lives as part of an attack, the national and international communities have begun to rethink just how long spent fuel really might be self-protecting. As spent fuel ages and becomes less self-protecting, additional security precautions may be required.

Continuing taxpayer liabilities. The continued on-site storage of spent fuel will not alleviate industry’s lawsuits against DOE for failure to take custody of the spent fuel in 1998 as required by contracts authorized under the Nuclear Waste Policy Act of 1982, as amended. DOE estimates that the federal government’s liabilities resulting from the lawsuits will be about $21 billion through 2020 and about $500 million each year after that. These costs are paid for by the taxpayer through the Department of the Treasury’s Judgment Fund.

The International Atomic Energy Agency, DOE, and NRC have considered spent fuel to be self-protecting with a radiation level exceeding 100 rad—or, radiation absorbed dose, a unit of measurement—per hour at 1 meter unshielded. After short-term exposure to 250 to 500 rad, about 50 percent of the people coming in contact with the spent fuel would be expected to die within 60 days.

Conclusions

The decades-old problem of where to permanently store commercial spent nuclear fuel remains unsolved even as the quantities of spent fuel—in either wet or dry storage—continue to accumulate at reactor sites across the country.

It is not yet clear where a repository will be sited, but it is clear that it may take decades more to site, license, construct, and ultimately open a disposal site. In the interim, some scientists, environmentalists, community groups, and others have expressed growing concerns about the spent nuclear fuel that is densely packed in spent fuel pools, especially after the water in the pools at the Fukushima Daiichi nuclear power plant complex in Japan were at risk of being depleted, increasing the risk of widespread radioactive contamination. The chances of a radiation release are extremely low in either wet or dry storage, but the event with the most serious consequences—a self-sustaining fire in a spent fuel pool—could result in widespread radioactive contamination. NRC has studied the likelihood of such an event and has taken a number of steps to prevent a fire, including a number of mitigating measures, though some community action groups have raised questions if those steps are enough, given the severity of consequences.

Spent nuclear fuel—the used fuel removed from commercial nuclear power reactors—is an extremely harmful substance if not managed properly. The nation’s inventory of spent nuclear fuel has grown to about 72,000 metric tons currently stored at 75 sites in 33 states, primarily where it was generated. Under the Nuclear Waste Policy Act of 1982, DOE was to investigate Yucca Mountain, a site about 100 miles northwest of Las Vegas, Nevada, for the disposal of spent nuclear fuel. DOE terminated its work at Yucca Mountain in 2010 and now plans to transport the spent nuclear fuel to interim storage sites beginning in 2021 and 2024, then to a permanent disposal site by 2048. Transportation of spent nuclear fuel is a major element of any policy adopted to manage and dispose of spent nuclear fuel. This testimony discusses three key challenges related to transporting spent nuclear fuel: legislative, technical, and societal. It is based on reports GAO issued from November 2009 to October 2014.

Legislative challenges. As GAO reported in November 2009, August 2012, and October 2014, DOE does not have clear legislative authority for either consolidated interim storage or for permanent disposal at a site other than Yucca Mountain. Specifically, provisions in the Nuclear Waste Policy Act of 1982 that authorized the Department of Energy (DOE) to arrange for consolidated interim storage have either expired or are unusable. For permanent disposal, GAO reported in October 2014 that the amendments to the Nuclear Waste Policy Act of 1982 directed DOE to terminate work on sites other than Yucca Mountain. Without clear authority, DOE cannot site an interim storage or permanent disposal facility and make related transportation decisions for commercial spent nuclear fuel.

Technical challenges. As GAO reported in October 2014, experts identified technical challenges that could affect the transportation of spent nuclear fuel. These challenges could be resolved, but it would take time and could be costly. Specifically, GAO reported that there were uncertainties about the safety of transporting what is considered to be high burn-up spent nuclear fuel—newer fuel that burns longer and at a higher rate than older fuel— because of potential degradation while in storage. GAO also reported that guidelines for storage of spent nuclear fuel allow higher temperatures and external radiation levels than guidelines for transportation, rendering some spent nuclear fuel not readily transportable. In addition, GAO reported that the current transportation infrastructure, particularly for a mostly rail option of transportation—which is DOE’s preferred mode—may not be adequate without procuring new equipment and costly and time-consuming upgrades on the infrastructure.

Societal challenges. As GAO reported in October 2014, public acceptance is key for any aspect of a spent nuclear fuel management and disposition program—including transporting it—and maintaining that acceptance over the decades needed to implement a spent fuel management program is challenging. In that regard, GAO reported that in order for stakeholders and the general public to support any spent nuclear fuel program—particularly one for which a site has not been identified—there must be a broad understanding of the issues associated with management of spent nuclear fuel. Also, GAO found that some organizations that oppose DOE have effectively used social media to promote their agendas to the public, but that DOE had no coordinated outreach strategy, including social media. GAO recommended that DOE develop and implement a coordinated outreach strategy for providing information to the public on their spent nuclear fuel program. DOE generally agreed with GAO’s recommendation.

Spent nuclear fuel—used nuclear fuel that has been removed from the reactor core of a nuclear power reactor—is an extremely harmful substance if not managed properly. Without protective shielding, its intense radioactivity can kill a person who is directly exposed to it or cause long-term health hazards, such as cancer. In addition, if not managed properly, or if released by a natural disaster or an act of terrorism, it could contaminate the environment with radiation.

According to the Nuclear Energy Institute, as of 2012, only about 30 percent of spent nuclear fuel currently in dry storage is cool enough to be directly transportable. For safety reasons, transportation guidelines do not allow the surface of the transportation cask to exceed 185 degrees Fahrenheit (85 degrees Celsius) because the spent nuclear fuel is traveling through public areas using the nation’s public transportation infrastructure. NRC’s guidelines on spent nuclear fuel dry storage limit spent nuclear fuel temperature to 752 degrees Fahrenheit (400 degrees Celsius).

Scientists from the national laboratories and experts from industry we interviewed suggested three options for dealing with the stored spent nuclear fuel so it can be transported safely: (1) leave it to cool and decay at reactor sites, (2) repackage it into smaller canisters that reduce the heat and radiation, or (3) develop a special transportation “overpack” to safely transport the spent nuclear fuel in the current large canisters.

According to a 2013 DOE report, the preferred mode for transporting spent nuclear fuel to a consolidated interim storage facility would be rail. However, as we reported in October 2014, several experts from industry pointed out that not all of the spent nuclear fuel currently in dry storage is situated near rail lines; also, one of these experts said that procuring qualified rail cars capable of transporting spent nuclear fuel will be a lengthy process. Storage sites without access to a rail line may require upgrades to the transportation infrastructure or alternative modes of transportation to the nearest rail line. Constructing new rail lines or extending existing rail lines could be a time-consuming and costly endeavor. In addition, an industry official we interviewed noted that if spent nuclear fuel were trucked to the nearest rail line, the federal government would have to develop a safe method of transferring the spent nuclear fuel from heavy haul trucks onto rail cars.

Procuring qualified railcars may be a time-consuming process, in part because of the design, testing, and approval for a railcar that meets specific Association of American Railroads standards for transporting spent nuclear fuel.

In 1982, the congressional Office of Technology Assessment reported that public and political opposition were key factors to siting and building a repository. The National Research Council of the National Academies reiterated this conclusion in a 2001 report, stating that the most significant challenge to siting and commencing operations at a repository is societal. Our analysis of stakeholder and expert comments indicates the societal and political factors opposing a repository are the same for a consolidated interim storage facility.

Moreover, we reported in April 201118 and October 201419 that any spent nuclear fuel management program is going to take decades to develop and to implement and that maintaining public acceptance over that length of time will face significant challenges. We also reported in November 2009, that the nation could not be certain that future generations would have the willingness or ability to maintain decades-long programs we put into place today.20Of particular concern is having to transport spent nuclear fuel more than once, which may be required if some spent nuclear fuel is moved to an interim storage facility prior to permanent disposal. Some stakeholders have voiced concerns that because of this opposition to multiple transport events, a consolidated interim storage site may become a de facto permanent storage site.

 

 

 

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Ozone destroying HCFC is still being produced in enormous volumes

Johannes C. Laube, Mike J. Newland, Christopher Hogan, Carl A. M. Brenninkmeijer, Paul J. Fraser, Patricia Martinerie, David E. Oram, Claire E. Reeves, Thomas Röckmann, Jakob Schwander, Emmanuel Witrant, William T. Sturges. Newly detected ozone-depleting substances in the atmosphere. Nature Geoscience, 2014;

Scientists at the University of East Anglia have identified four new human-made gases in the atmosphere — all of which are contributing to the destruction of the ozone layer. New research reveals that more than 74,000 tonnes of three new chlorofluorocarbons (CFCs) and one new hydrochlorofluorocarbon (HCFC) have been released into the atmosphere.

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Rosenthal, E. 8 Sep 2012. As Coolant Is Phased Out, Smugglers Reap Large Profits. New York Times.

Under an international treaty, the gas, HCFC-22, has been phased out of new equipment in the industrialized world because it damages the earth’s ozone layer and contributes to global warming. There are strict limits on how much can be imported or sold in the United States by American manufacturers.

But the gas is still produced in enormous volumes and sold cheaply in China, India and Mexico, among other places in the developing world, making it a profitable if unlikely commodity for international smugglers.

…even as international treaties and United States law demand that companies renounce the use of the coolant, economics propels them to use ever more — sometimes even if it means breaking the law.  The smuggling is difficult to stop because gas canisters can be readily mislabeled to mask their content. Inspections are time-consuming, policing requires expensive testing equipment that is in short supply, and border agents have more pressing targets like guns and narcotics.

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20% of Invertebrate species threatened with extinction.

Land mammals by weight

Brendan Borrell. Sep 3, 2012. One Fifth of Invertebrate Species at Risk of Extinction. Freshwater snails and reef-building corals are among the threatened groups. Nature & Scientific American.

One in five of the world’s invertebrate species are threatened with extinction, according to the latest report from the Zoological Society of London (ZSL).

From the checkerspot butterfly to the giant squid, spineless creatures are thought to represent around 99% of biodiversity on Earth. However, until now, scientists have never attempted a comprehensive review of their conservation status. In fact, fewer than 1% of invertebrates had been assessed by the International Union for Conservation of Nature (IUCN), which has listed threatened species on its Red List since 1963.

“When I first took a look at the Red List, it was biased towards larger, more charismatic species,” says Ben Collen, a biodiversity scientist at the ZSL Institute of Zoology in London, who coordinated the invertebrate study and co-edited the report. “The project we’ve been running for the past five years tries to put invertebrates on the Red List in a systematic way.

Collen and his colleagues conclude that the greatest threat is to freshwater invertebrates, including crabs and snails, followed by terrestrial and marine invertebrates. More mobile animals, such as butterflies and dragonflies, tended to have the least risk of extinction.

The report estimates that 34% of freshwater invertebrates could be under threat, including more than half of the world’s freshwater snails and slugs. In the southeastern United States, which is a freshwater diversity hotspot, almost 40% of molluscs and crayfish could be wiped out owing to the effects of dams and pollution. In the oceans, almost one-third of reef-building corals are endangered largely because of climate change, which causes coral bleaching and ocean acidification.

Overall, habitat loss, pollution and invasive species represented the biggest threats to invertebrate diversity around the world. The proportion of species at risk (one-fifth) is similar to findings in vertebrates and plants. The report will be formally presented on 7 September at the World Conservation Congress in Jeju, South Korea, where conservationists, scientists and government leaders will meet to discuss conservation and development issues.

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