Unabated climate change would bring devastating consequences to countries in Asia and the Pacific, which could severely affect their future growth, reverse current development gains, and degrade quality of life, according to a report produced by the Asian Development Bank (ADB) and the Potsdam Institute for Climate Impact Research (PIK).

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As severe weather brewed in the Texas panhandle late in the afternoon of May 16,  NOAA’s National Weather Service forecasters alerted residents in parts of western Oklahoma about the potential for large hail and damaging tornadoes that evening, particularly in the area around Elk City.

Ninety minutes later, a dangerous, rain-wrapped EF2 tornado struck the small town. It killed one, injured eight and destroyed about 200 homes and more than 30 businesses.  

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It’s been a few years of soul-searching for Tim Duncan, the CEO of Talos Energy. The Houston-based oil company has long specialized in the shallow waters of the Gulf of Mexico off Louisiana and Texas. Yet the oil bust that began in 2014 has made the region deeply unpopular. Facing dwindling prospects for big new finds offshore, companies have instead flocked to the Permian basin of west Texas, where layer upon layer of oil-saturated rock promises decent returns even at stubbornly low oil prices.

“We resisted the temptation to join the land race onshore,” says Duncan. But Talos did go somewhere new: Mexico. 

 

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