Author: cne4h
When we think about solving the problem of climate change, oil's dominance of our economy sometimes seems unbearable. But what if the production of oil and methane gas (commonly known as natural gas) is no longer as dominant as it once was? Despite recent record profits, the industry is forecasting weak underlying growth, which has broad implications for investors, not just those of us who care about addressing climate change. Fossil fuel energy performance review (Image source: spglobal.com) The chart above shows the 10-year returns for the energy industry (which consists primarily of oil and methane gas) through October 31,…
It's a bird, it's a plane, it's a ship…it's…what is that? Thalheimer: “A sea glider is an all-electric, battery-powered craft.” Billy Thalheimer is co-founder and CEO of Regent, a company developing a 12-passenger sea glider called the Viceroy. It looks similar to an airplane. But when operating, it began to float on its hull like a boat. It rises onto a hydrofoil – a wing-like structure that lifts it slightly above the water. Then in open water, it takes off and cruises on a cushion of air near the water's surface. Thalheimer: “This is the cushion of air that birds…
From the Daily Skeptic Author: Paul Homewood The Labor manifesto promises we will have a zero-carbon electricity system by 2030. One of the “Five Missions” policy commitments the UK launched last year. So it's reasonable to assume that Miliband actually has a detailed plan on how to achieve this and how much it might all cost. Astonishingly, soon after taking office, he asked the national energy system operator NESO to provide practical advice on how to achieve his goals. NESO has now responded with some bad news. Many energy experts have long argued that a zero-carbon grid is simply impossible…
Britain and Germany faced hard lessons in “Dunkelflaute,” the latest example of why wishful thinking cannot be relied upon as a source of motivation. For those unfamiliar with this charming German term, it means “dark downturn” – or, indeed, a renewable energy blackout. While we've learned about the virtues of a green energy future, these countries have also gotten a taste of reality: When the wind stops, the whole grand plan fails. Last Tuesday, Britain's much-anticipated wind farms met a measly 3-4% of electricity demand during peak hours. National Grid has no choice but to increase the number of gas-fired…
From Climate Warehouse Marc Morano of Climate Depot: “Congratulations to President Trump and Senator J.D. Vance. Finally, American leadership is returning to the international climate agenda. The United States will finally have a president back in the Oval Office who will support science, support the environment, and and oppose the insane net zero climate agenda, the Green New Deal and the UN climate treaty process.President Trump will also be able to confront the absurd, unsustainable and unscientific claims made by our most respected institutions. The United States will once again be a beacon of scientific realism on climate change and…
from CFACT David Wojik Well, it’s the chatbot that knows it’s biased, not all artificial intelligence. But the headlines these days are all about “artificial intelligence,” which really just means these chatbots can mimic reading to an astonishing degree, so I’ll roll with it. These chatterboxes don't know anything either, as they are just computers imitating humans, but speak much easier as if they know what they are doing. This brings me to the big news. My colleague Tom Shepstone conducted a very elegant experiment that showed that at least one major chat tool, Perplexity, knew it was biased against…
While climate policy hasn't been the star of this recent election, the results have significant implications for the climate agenda. Voters did not vote explicitly for or against green energy directives, net zero targets or the climate “emergency”. Yet they indirectly send a strong signal that the public has not fully embraced the costly, damaging climate policies that have become a mainstay of some political platforms. As the dust settles, reality becomes clear – the green agenda has just lost its substantial footing, and its supporters will have to consider what that means. Climate policy is a secondary issue with…
With near-record Caribbean temperatures ending the year, Hurricane Rafael continued to strengthen as it approached western Cuba on Wednesday. Rafael is expected to make landfall on Cuba's southwest coast as a Category 3 hurricane in the late afternoon before entering the Gulf of Mexico and lingering for a long time. Rafael's Gulf track remains highly uncertain, although it is expected to weaken sharply before possible landfall in the United States early next week. At 10 a.m. ET on Wednesday, November 6, Rafael was located 130 miles (205 kilometers) southeast of Havana, Cuba, moving northwest at 14 mph (22 kph) with…
On Oct. 21, the U.S. Department of Transportation (DOT) rejected a $456 million grant request to build offshore wind turbines and install them on floating platforms in the Gulf, a move that would make a controversial contribution to renewable energy development off the coast of New England. The project took a huge financial hit. [emphasis, links added] The decision marks a setback for Maine Gov. Janet Mills (D), a group of environmental groups and, oddly, the Biden-Harris administration who are also enthusiastic supporters of offshore wind plans. Transportation Secretary Pete Buttigieg announced more than $4.2 billion in grants for 44…
from climaterealism Author: H. Sterling Burnett Our World in Data (OWID) publishes a series of articles written by Hannah Ritchie exploring the impact of climate change on crop production. Overall, these stories set the record straight, pointing to dramatic increases in yields of major crops due in large part to the fertilizing effects of carbon dioxide and modest warming; however, parts of the stories lapse into speculation that some crops are growing less than expected and they will decline in the future due to climate change. The latter claim is false and based on controversial computer model output and unreasonable…