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Friday

9.1 out of 10 based on 15 ratings

Climate Astrologers forecast ‘Global weirding’ and climate whiplash will hit the world’s biggest cities

By Jo Nova

Shamen and fortune-tellers are back preying on suggestible minds

A new “study” warns us that the most populated cities on Earth have a distinct trend towards, wait for it, wetter or drier weather. Somehow, 95 of the 100 biggest cities do not have the exact same amount of rain that they had 40 years ago. (The horror). And this is “weird” they say, as if shifting patterns of rain have not been normal for the last four billion years.

The new term this week in Climate Bingo is “Climate Whiplash” — which means a city that has had more droughts and floods lately. It’s just another sort of Global Weirding which was predicted by exactly no models anywhere until after it happened, and sometimes not even then.

The trick here is to study some random permutation in an obscure weather metric over an absurdly short time frame — like for example the moisture surplus/deficit difference between precipitation and evapotranspiration, and voila, we find a “40 year trend”. Given that the Pacific ocean oscillates on 20 – 30 year cycle, and the Atlantic on a 60 to 80 year one, the world will never run out of […]

Thursday

9.4 out of 10 based on 11 ratings

Wednesday

9.3 out of 10 based on 15 ratings

Penguins want climate change too (they want Antarctica to be warm like it was 1,000 years ago)

By Jo Nova

Who knew? Penguins are not only a “sentinel species” warning us about climate change in Antarctica but “Adélie penguin breeding is closely linked to temperature“. More warming equals more penguins.

So just as we can use trees as thermometers, we can use penguins as thermometers. And when we do, we find that there was a veritable boom in penguins in the Ross Sea 1,000 years ago.

It’s all there in the peer reviewed Zheng paper, 2023 — thanks to NoTricksZone and KlimaNachrichten for finding the paper.

As one of the most important ‘sentinel species’ in the Antarctic ecosystem, the Adélie penguin (Pygoscelis adeliae) is widely distributed in the Ross Sea region and its population is extremely sensitive to climate change (Ainley, 2002; Ainley et al., 2010). Since the International Geophysical Year in 1957, researchers have conducted extensive field investigations on climate change (including temperature, SST, sea ice, and polynyas) and Adélie penguin populations in Antarctica.

Modern monitoring data also show that Adélie penguin breeding is closely linked to temperature…

After comparing with historical records of penguin populations at Cape Bird, Dunlop Island, and Cape Adare, all were found to have a […]

Tuesday

9.4 out of 10 based on 13 ratings

Monday

9.3 out of 10 based on 25 ratings

Sunday

8.7 out of 10 based on 22 ratings

Green Hedge Fund executive says the whole Clean Energy Sector Is Dead

By Jo Nova

Nishant Gupta set up a green energy hedge fund last year managing about $100m in assets, but he probably wishes he hadn’t.

His words are about as blunt as any hedge fund owner could possibly get.

Hedge Fund Built on Energy Bets Says ‘Clean Is Dead for Now’

Bloomberg

“The whole sector — solar, wind, hydrogen, fuel cells — anything clean is dead for now,” said Nishant Gupta, founder and chief investment officer at London-based Kanou Capital LLP.

Against a barrage of political headwinds in the US, a war-fueled energy crisis and stubbornly high interest rates, large parts of the clean-energy industry are stalling. In the past year, the S&P Global Clean Energy Index has lost 20%, a period during which the S&P 500 Index gained 16%. And with the Trump administration shredding climate policies in the world’s largest economy, many green investors are taking a timeout.

Over the last year clean energy stocks have lost 20% of their value, whereas stocks in fossil fuels are up 13%.

So after the last year, skeptical investors are 30% richer than their believer friends. As it should be.

S&P Global […]

Saturday

8.9 out of 10 based on 19 ratings

AI revolution: So big, Texas grid needs the equivalent of 30 Nuclear Reactors By 2030 to meet Power Demand

By Jo Nova

The insatiable hunger for electricity

The world is about to flip from an energy diet to an electrical boom. Look at Texas.

Here in Australia our top Blob Scientists tell us it will take 15 years to build one nuclear plant. But in Texas, which has two nuclear plants already, the AI revolution is beating down the door, and it’s saying “Feed me 30 plants for breakfast ” — or at least by 2030. It’s like a different planet.

There are already 340 datacentres in Texas which use 8GW of power, but new projects are so large, they are starting to ask for a whole gigawatt up front. And the sum total of requests for new electrical supply add up to 99 gigawatts — most of which have materialized in the last year. The new level of demand is so big, the grid managers are starting to worry that single new industrial loads are large enough to threaten the grid.

We’re talking of a seismic shift:

The ERCOT grid peak load last summer was 86 gigawatts. The new peak demand by 2030 is expected to be 75% bigger. It may not all be nuclear, ERCOT did […]

Friday

9.5 out of 10 based on 21 ratings

Thank goodness Climate Change is reducing the number of cyclones…

Cyclone Alfred headed straight for Brisbane

It’s not often a cyclone heads straight for a big population center in Australia, and the media is running minute by minute updates:

Nullschool

It’s a slow moving category 2 storm, that won’t set any wind speed records, but will cross paths with 3 or 4 million people. Current wind speeds at 20 locations are available here. Let’s just hope it doesn’t rain for too long. The latest BOM report says sustained winds are 95km / hour with gusts to 130 km/hr. (Roughly 60 to 80 mph).

http://www.bom.gov.au/products/IDQ65002.shtml

If “Climate Change” has any effect on Australian cyclones, it’s to reduce them:

With the usual logic and reason of top climate experts, this suggests that car engines, burgers, cows and coal can prevent cyclones. Anyone driving an EV, or eating vegeburgers clearly doesn’t care about koalas (or delicate solar panels):

BOM

These were Australian cyclone tracks 51 years ago, before mankind emitted 75% of all emissions of CO2 ––

Two cyclones went past Brisbane.

BOM — Cyclone Tracks Southern Hemisphere_

Back in days when humankind had barely started jumping on planes for hot weekends and footy finals, […]

Solar on the Rocks: Sunnova stock falls 70% — warns of bankruptcy “Overall environment is terrible”

By Jo Nova

Without forced theft from the poor, Sunnova (and others in the solar industry) might disappear

Bloomberg writers call it “chaos” and Barrons blames Trump for “uncertainty”, but the truth is the value of solar was always a false bubble held up by forced payments, fantasy, or vicarious political whimsy that spread the costs onto other people. Trump has merely restored the certainty of real value in the free market. He hasn’t banned a single person from buying solar panels, it’s just that not many people want to spend their money on glass panels that make green expensive electrons. They don’t want to spend money on “cheap electricity” that only comes at lunchtime either.

The 70% fall in the stock price is just the last few days since Sunnova officially warned it might not be a “going concern”. The longer term figures are much worse.

On November 4th, when some investors though the word-salad-woman might win, the share price briefly spiked to $7. Right now it is 58 cents, meaning it has lost 92 percent of its value since Trump won the election. The entire $12 mini-boom peak in September last year, arguably, was a bet that […]

Thursday

9.2 out of 10 based on 13 ratings

Wednesday

9.2 out of 10 based on 25 ratings

German military report finds that Chinese wind turbines are a blackmail and security risk

By Jo Nova

There’s nothing like a few belligerent trade spats, and miscreant dragged anchors to ruin a brand’s reputation

After six separate incidents of underwater cables being sabotaged in the Baltic Sea, the German Defense Ministry is wondering if it is wise to buy Chinese wind turbines with all their electronic parts. A new report commissioned for the department not only suggests the government should restrict new turbines, it advises them to call a halt to an existing project.

Hypothetically, China might remotely shut down wind turbines at a key moment, creating crazy price spikes, and industrial havoc (although wind turbines seem quite good at that on their own). But seriously, if wind turbines got a bit more random, or a bit less efficient, would anyone know for sure? And if a market player had that information in advance, they could make out like a bandit — bidding at the right moment, and collecting on all the price spikes. It would be just another way to bleed a country, raise electricity prices, and reduce it’s competitiveness. (But good for business back home, eh? )

Oddly, the Defense analysts seem to worry more that China might delay projects on purpose, […]

Tuesday

8.6 out of 10 based on 18 ratings

Monday

8.6 out of 10 based on 35 ratings

Sunday

7.7 out of 10 based on 27 ratings