An eclectic mix of energy and climate news stories from around the world compiled by Roger Andrews:
For our lead story this week we return to the UK, which is reviewing the question of whether its 80%-by-2050 emissions reduction target will be enough to meet its Paris commitments and whether it shouldn’t target 100% instead. We follow with our usual mix of stories from the energy and climate patch: Trump slams OPEC; fracking in China; Canada’s oil pipeline crisis; rising world demand for Russian nuclear power stations; Germany confirms LNG plans; Australia’s clean coal plan collapses; EU denounces the “Belt & Road” initiative; hydro in Indonesia; biomass at Drax; electricity price hikes in Scotland; gravity-based energy storage and California Governor Jerry Brown says global warming will kill 3 billion people.
3 Billion deaths because of an Asteroid hit if we don’t listen to Dr. Kari Mullis ! We should be putting our scientific efforts into stopping an asteroid hit! The ponzi scheme is ( athropogenic climate change) a fraud!
Try Anthropogenic not athropogenic in AGW.
Thanks for the correction! Missed the n but not the message!
As long as Governor Moonbeam is one of the 3 billion it would be worth it.
Mitt the rino doesn’t seem to understand that rino policies are not well received. Sad.
Mitt can’t win the Mormon vote … in Utah!!! OMG … how pathetic. Thank you Mormons, Jack Mormons, and Apostates in Utah for slapping-down more GOPes running for office … come June … Mitt will be sent packing … and we won’t have to worry about him voting to extend and enhance Obamakkare. Time to retire Mitt. Strap that dog to the roof of your Escalade, and take a holiday.
Actually U of A honorary degree recipient Dr. David Suzuki wants no more than 1 billion of us pathogenic humans walking the planet and I’m pretty much sure that Gov. Moonbeam walks lock-step with Canada’s Great Leap Chairman Doctor. So Moonie must be pretty darn disappointed with that 3 billion number and he’s working hard with the rest of his elitist progressive cohorts to at least double it!
Hey Euan, think 3 years of no drilling, poor reserve additions and a rapidly increasing Global demand to finally counter 12+ years of anti-economic progressive measures could actually bring about $100 WTI oil this year? The CBC’s calling it “a dream”: http://www.cbc.ca/news/business/oil-oilsands-wti-wcs-1.4626790
But is it a dream? Outside of the Permian there’s quite a house of cards on the supply side of the equation. Venezuela, Iran, Russia, North Sea, Canada’s intentionally retarded takeaway… https://www.marketwatch.com/story/global-oil-supply-surplus-may-soon-become-a-shortage-2018-04-21
Alberta’s energy sector has the worst investor support outside of British plastic straw manufacturers and getting big projects moving is slower than swimming in a mud filled swimming pool. A lot of things are upside down and bass ackwards right now – I believe energy inflation is coming hard and fast (especially if a black swan happens) and Canada’s blinkered governments will be clueless, as usual, with dealing with it.
Yes, things are delicately balanced. Next stage will be natural wastage of the OPEC-Russia deal until once again everyone is pumping flat out and then the frackers need to decide if they are going back full time to dump the price once more….. against a backdrop of high political uncertainty, risks to inflation and interest rates. How do folks react to their energy bills going up, the cost of everything else going up, their mortgage going up? I know what is needed – a carbon tax 🙂
I see Venezuela is reduced to importing oil because the parasites who thrust Chavez and Maduro into office have gotten used to free gasoline, and the people who kept Venezuela’s rigs pumping are voting with their feet.
Maybe the Shiny Pony should politely ask President Trump’s assistance in building a northern border wall. The Libranos will need it to keep white Canadians from seeking refuge in the States when they finally succeed in destroying Alberta’s fossil fuel industry.
President Trump will need it to keep the hordes of “diverse” locusts out.