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A critical system of ocean currents could collapse much sooner than expected as a result of the deepening climate emergency, according to the findings of a new study, potentially wreaking havoc across the globe. The AMOC acts like a conveyor belt of currents carrying warm waters from north to south and back in a long and relatively slow cycle within the Atlantic Ocean. The circulation also carries nutrients necessary to sustain ocean life. For one, the NOAA says England would have a "much colder climate" if not for the warm waters of the Gulf Stream. The projected collapse of the AMOC is seen as a "major concern" because it is recognized as one of the most important tipping elements in the Earth's climate system.
Organizations: Nature Communications, National Oceanic, Atmospheric Administration, NOAA Locations: Europe, Florida, England
Oil prices rose around 4% on Monday morning. Crude oil storage tanks at the Juaymah Tank Farm in Saudi Aramco's Ras Tanura oil refinery and oil terminal in Ras Tanura, Saudi Arabia, on Monday, Oct. 1, 2018. "A further uptick in trading activity coupled with tightening near-term oil fundamentals could well push oil prices back to $100/bbl," Brennock said in a research note. Storage tanks and oil processing facilities operate beside the Arabian Sea at Saudi Aramco's Ras Tanura oil refinery and terminal in Ras Tanura, Saudi Arabia, on Monday, Oct. 1, 2018. The upcoming OPEC+ meeting in Vienna will result in an oil production cut "of some historic kind", said CIO of Pickering Energy Partners, Dan Pickering.
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