by Robin Mills, August 20, 207 UAE Ed The National
The Middle Eastern countries that are looking at coal are trying to diversify their fuel mix, and to reduce vulnerability to economic or supply shocks. Gas is cheap at the moment but its price is volatile, and states such as Dubai, Egypt and Turkey do not want to be too import-dependent. For Dubai, which attracted a very competitive bid from Acwa and Harbin, coal is a key part of strengthening its negotiating position with other suppliers. Iran and Turkey are trying to maximise the use of their domestic coal, and for Turkey, reliance on rivals Iran and Russia for two-thirds of its gas is dangerous.
Despite gas prices being low at the moment, coal is cheaper still — at least once the required import facilities are constructed. Chinese power and engineering companies, looking for other markets, are offering their expertise and low-cost financing.
by Nicolas Stiel, 21 août 2017, in Challenge
Total rachète le Danois Maersk Oil pour plus de 7 milliards de dollars, soit sa plus grosse acquisition depuis celle d’Elf Aquitaine en 2000. Grâce à elle, le pétrolier vise 3 millions de barils-jours en 2019.
See also OGJ
by Robert Rapier, August 15, 2017 in Forbes
That’s the peak oil argument in a nutshell, but the peak demand argument is entirely different. In this case, oil production falls — not because of geological factors — but because the world turns its back on oil as cleaner, cheaper options become available. Electric vehicles and ride-sharing on a massive scale are envisioned as two of the key factors that will make oil obsolete.
by Werner Brozek, August 20, 2017 in WUWT
In order to determine if records are possible in 2017, one must know the previous records as well as the average to date and what is required for the rest of the year in order for a particular data set to set a new record.
For the five data sets I cover, records were set in 2016. For now, I am not concerned about the statistical significance of the records, nor the number of decimal places. I merely want to know if the record can be beaten this year. At the end of the year, I plan on reporting any records and how statistically significant they are.
by Roy W. Spencer, Ph. D., August 19, 2017 in GlobalWarming
Al Gore has provided a target-rich environment of deceptions in his new movie.
After viewing Gore’s most recent movie, An Inconvenient Sequel: Truth to Power, and after reading the book version of the movie, I was more than a little astounded. The new movie and book are chock-full of bad science, bad policy, and factual errors.