Hold the presses and the auto web blogs. The media has been reacting to coal as a cause for global warming when sulfur particles reflect solar energy into space? At least someone finally found one reason why the earth has not warmed up in the last ten years.
Does this mean we should stop the electrification of the automobile, too? Or burn more coal?
Another question is, how will this affect auto sector product planning let alone stocks, like General Motors (NYSE: GM); Ford Motor Company (NYSE: F); Toyota Motors (ADR: TM); even Tesla (Nasdaq: TSLA) and others.
The study published in Proceedings of the National Academy of Sciences by a team of two geographers and two economists headed by professor Robert Kaufmann at Boston University (BU) say the sulfur in China coal plants literally offset the CO2, which explains why there has been no increase in earth temperature for the past ten years.
Who knew? Don’t you just love how governments pay scientists and universities millions in research only to hear another from the scientific community say, Oops, our bad?