Dem Candidates on Climate

February 29, 2020

Key statements: Candidates in alphabetical order.

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Teslarati:

Tesla’s “big battery” utility-scale Powerpack system at the Hornsdale Power Reserve in South Australia has yielded more than doubled the savings to consumers in 2019 than the year prior as it dominates fossil fuel generators on quicker demand response for the grid.

Hornsdale Power Reserve saved consumers AUD116 million ($75.78 million) in 2019, a big jump from  AUD40 million ($26.14 million) savings in 2018.

The Hornsdale Power Reserve, owned and operated by French renewable energy producer Neoen, is home to the largest lithium-ion battery energy storage system in the world with a 100 MW/129 MWh. Tesla Powerpack has been playing a significant role in grid stability since its installation in 2017, a function previously dominated by fossil fuel generators that bring energy prices high during system faults of planned maintenance.

“Hornsdale has just been the best asset for the state, and for us as well, it’s a real success story,” head of development at Neoen Australia Garth Heron said in an interview with RenewEconomy. We have shown that these kinds of systems can work. It saves consumers a lot of money, and it’s something we should be rolling out right across the market.”

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Trailer: Contagion

February 29, 2020

Pure science fiction, of course.

That’s for damn sure.

Cigarette smoking doesn’t kill.

Evolution? Nah.

Climate change? That’s crazy leftist talk.

Put that man in charge of a pandemic.

pence
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Quickie-Printing Veggie Steaks

February 26, 2020

The future is here, it’s just not well distributed. – William Gibson

Remember typewriters? Film in cameras? Xerox? AOL?

Exxon?

Market Watch via Institute for Energy Economics and Financial Analysis:

Even Wall Street firms are urging clients to dump energy stocks

While the S&P 500, the Dow Jones Industrial Average, and the Nasdaq Composite index hover near all-time highs, energy stocks have fallen on very hard times.

Exxon Mobil — the world’s most valuable public company as recently as 2012 — has seen its stock price plunge about 40% from its all-time high above $100 a share in June 2014, a loss of more than $180 billion in market capitalization. The Energy Select Sector SPDR ETF, the largest energy-sector ETF, is down by a similar amount from that date.

Meanwhile, the S&P has surged more than 70% over those 5 1/2 years, outperforming energy stocks by over 100 percentage points.

An oil glut in the wake of the shale oil boom, which has vaulted the U.S. to the top of global energy producers, has caused some of the sector’s stock-market troubles. That oversupply has persisted, despite production cuts, and has kept oil prices in the $50-a-barrel range. This year, fears of the coronavirus have triggered another sharp sell-off in energy shares.

Corporations and big investors, who have to live in the real world and not on Planet Wishful Thinking, are stepping up. Their big bottom-line fear: Much of the carbon-based energy reserves companies like Exxon Mobil — the biggest stock in Energy Select Sector SPDR ETF, followed by Chevron and ConocoPhillips — have spent decades accumulating will remain in the ground or under the sea. Those potential “stranded assets” — assets these companies may never use and may even have to write off — have prompted Wall Street firms to mark down energy stocks’ valuations and urge clients to dump the shares.

That’s why the five-year bear market in energy stocks may turn out to be as permanent as the secular decline in newspaper publishers or department stores.

Longer article, read the rest here.

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Renewables Now:

February 25 (Renewables Now) – The average offshore wind load factors during the month of January were at their highest since 2015, with older parks, built before 2016, reaching 52% and newer ones going even higher to 55%.

This was unveiled by research and analysis provider Cornwall Insight, which attributes the higher load factors at newer sites to their use of larger turbines. The consultancy says its research has even shown that some of the newest sites, both offshore and onshore, achieved monthly average load factors close to, or above, 70%. On certain days they even approached 100%.

When it comes to just onshore wind farms, load factors averaged 42% for the month.

Lucy Dolton, analyst at Cornwall Insight, said that the consultancy expects these wind output records to be broken more frequently in the future, given that an additional 1.1 GW of new offshore wind farms are seen to become operational by April 2020. At the same time, the government is targeting an increase in offshore wind capacity to 40 GW by 2030 from 10.8 GW at present.

“Although decarbonisation of the electricity mix is wholly positive, ever-higher levels of wind output are not without its impacts. During periods of high wind output, the subsequent lower wholesale prices put some sites at risk of cannibalising their revenues and can even lead to negative prices, as seen in December,” Dolton added.

CNN:

Take a moment to cherish your plants and appreciate the animals you see around you.In 50 years, a third of them may no longer exist.Using data from surveys that studied 538 animals, insects and plants from 581 sites across the globe, researchers John J. Wiens and Cristian Román-Palacios from the University of Arizona found that approximately one in three plant, insect and animal species could face extinction by 2070.

However, things could be even worse if emissions continue to rise as rapidly as they have in recent decades. In a worst-case scenario, that number could rise to over 55%.

Of the 538 species studied, 44% of them have already experienced an extinction in a particular local area. The researchers found that local extinction sites had larger and faster changes in the hottest yearly temperatures than those that did not.While many species were able to tolerate a moderate increase in maximum temperatures, 50% of the species had local extinctions if maximum temperatures increased by more than 0.5 degrees Celsius. That number rose to 95% if temperatures increased by more than 2.9 degrees Celsius. 

The researchers found that the key to predicting whether a population will go extinct is the maximum annual temperature, as opposed to the average yearly temperature. This is notable because average temperatures are typically used as markers in measuring climate change.With January going in the record books as the warmest January in 141 years and statistical analysis done by NOAA scientists predicting 2020 to be one of the five warmest years on record, the researchers believe there will be more local extinctions across the globe.

And with summer heat waves potentially becoming more dangerous in the coming decades, the potential for loss of life will likely only grow from here.However, that number could drop if we make a collective effort to address climate change, they say.

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CoronaVirus and the Kooch

February 24, 2020

Science denying Kiddie Tormentor Ken Cuccinelli appointed to the Trump Administration’s Corona Virus response.

Fox News Kills.