To understand how quickly we're cooking the planet, we need good data. To have good data, we need good satellites.

Is it in our national interest to overheat the planet? That's the question Obama faces in deciding whether to approve Keystone XL, a 2,000-mile-long pipeline that will bring 500,000 barrels of tar-sand oil from Canada to oil refineries on the Gulf of Mexico.

Nobody disputes that cheap natural gas would be a good thing for the economy. The question is, is this a sustainable new development that can be counted on for decades to come, or simply a 'bubble' brought on by a land grab and drilling frenzy?

Australia is the only island continent on the planet, which means that changes caused by planet-warming pollution - warmer seas, which can drive stronger storms, and more acidic oceans, which wreak havoc on the food chain - are even more deadly here.

By burning fossil fuels, we are already dumping 30 billion tons of CO2 into the atmosphere every year, which has a profound effect on the climate. So, like it or not, we're already messing with a system we don't understand.

If you think Wall Street firms have it good, you haven't looked closely at Big Oil.