By Paul Homewood

I do like contrasting headlines!

http://www.powerengineeringint.com/articles/2017/06/renewables-to-grab-7-trillion-of-global-power-investment-says-bnef.html

http://www.powerengineeringint.com/articles/2017/06/drax-mulls-coal-to-gas-instead-of-biomass-conversion.html

Bloomberg would of course like you to believe that “investment” is good. In fact much of it will be money wasted, as replacement for perfectly good existing power capacity.

Meanwhile, it takes the credit risk company, Moody’s, to inject a bit of realism:

Europe’s drive to decarbonize its energy “poses long-term risks to the region’s regulated electricity and gas network operators” according to a new report from credit and risk company Moody’s Investors Service.

And the study states that Europe’s continued transition to renewables, particularly wind and solar, is prompting new business models, developing technology and evolving regulation that could all “potentially undermine the credit quality over time” of those network operators.

“The shift to renewables in Europe has thrown up different challenges for the region’s energy network operators, with the huge uptick in renewables-related investment into electricity…

Ezra Levant of TheRebel.media reports on President Trump’s decision to pull America out of the Paris Climate Accord. This is a move that will benefit the American economy, but the bureaucrats and celebrities are losing their minds.

Tesla Model S – this is the only way you’ll keep warm in one during winter.

From NyTeknik:

Huge hopes tied to electric cars as the solution to automotive climate problem. But the electric car batteries are eco-villains in the production. Several tons of carbon dioxide has been placed, even before the batteries leave the factory.

IVL Swedish Environmental Research Institute was commissioned by the Swedish Transport Administration and the Swedish Energy Agency investigated litiumjonbatteriers climate impact from a life cycle perspective. There are batteries designed for electric vehicles included in the study. The two authors Lisbeth Dahllöf and Mia Romare has done a meta-study that is reviewed and compiled existing studies.

The report shows that the battery manufacturing leads to high emissions. For every kilowatt hour of storage capacity in the battery generated emissions of 150 to 200 kilos of carbon dioxide already in the factory. The researchers…

I was reading this article on the Larsen Ice Shelf rift.

I came to this paragraph:

“The team say they have no evidence to link the growth of this rift, and the eventual calving, to climate change. However, it is widely accepted that warming ocean and atmospheric temperatures have been a factor in earlier disintegrations of ice shelves elsewhere on the Antarctic Peninsula, most notably Larsen A (1995) and Larsen B (2002).

They point out that this is one of the fastest warming places on Earth, a feature which will certainly not have hindered the development of the rift in Larsen C.”

And suddenly I remember this article.

The Antarctic Peninsula (AP) is often described as a region with one of the largest warming trends on Earth since the 1950s, based on the temperature trend of 0.54 °C/decade during 1951–2011 recorded at Faraday/Vernadsky station. Accordingly, most works…