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View Diary: Carbon Bubble will plunge the world into another financial crisis says report (31 comments)

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    The wild card here is the store of methane hydrates in the Arctic Ocean floor. The Arctic Ocean may be free of ice as early as Summer of 2015. We are looking at a big change here as the Arctic will warm considerably with a lower albedo (reflectivity), new ice and absence of the cooling moderation of ice. As this changes currents and weather patterns it might cause the release of methane. Methane is 100 times more powerful than CO2 as a greenhouse gas on an instantaneous basis. Methane has a half-life of 7 years. It converts to CO2. Some Scientists are convinced that it will take centuries for significant release of methane, others aren't so sure. There is a staggering amount of methane in the Arctic floor and in Arctic  tundra. There is good evidence that global temperatures follow CH4 (methane) closer than CO2 atmospheric levels. This could very well be the global thermostat.

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