by Kelly Gilblom, March 26, 2018 in BloombergMarkets
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Big Oil’s weight in equity indices to rise from 50-year low
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Cost cuts, recovering oil prices put companies in a sweet spot
The world’s largest oil companies have survived a life-changing crisis, and are now poised to reap the rewards, Goldman Sachs Group Inc. said.
Big Oil is in a sweet spot with rising oil prices and low operating costs, leaving them with the biggest cash-flow growth in two decades and boosting earnings, Goldman said in a report Monday. That will increase their attraction for investors after years of elevated spending followed by crude’s slump sent their weighting in global equity indexes to a 50-year low, according to the bank (…)
by P. Homewood, March 2, 2018 in NotaLotofPeopleKnowThat
Everybody makes mistakes, and some of them matter. On the BBC’s News at Ten on the 18th January 2018 there were two of them, and the GWPF complained a few days later.
The first error was in describing the global temperature of 2017 as the “hottest year on record,” which it wasn’t.
The second mistake was that the BBC’s Environment Analyst Roger Harrabin said that, “2017 had no heating from El Nino,” which was also incorrect.
We pointed out that whilst 2017 was not designated a year in which there was an El Nino event (defined as a period with prolonged El Nino heating) there was in fact El Nino heating in the northern spring for 11 weeks, and we provided a graph to prove it. (Click on image to enlarge)(…)
by Jo Moreau, 25 mars 2018 in Belgotopia
Suite n° 18. (anno 1800-1849)
“Le contenu de la mémoire est fonction de la vitesse de l’oubli”
Désormais, chaque inondation quelque peu catastrophique, chaque tornade, chaque anomalie météorologique est rattachée au réchauffement climatique qui parait-il nous menace, mais dont en plus l’homme serait responsable !
Pourtant, la consultation de chroniques ou récits anciens est révélatrice de précédents tout aussi apocalyptiques, et relativise la notion même de “changements climatiques”, ainsi que la définition d’un “climat stable” qui n’a jamais existé mais qu’on voudrait instaurer à tout prix.
by JoNova, March 18, 2018
A funny thing happens when you line up satellite and surface temperatures over Australia. A lot of the time they are very close, but some years the surface records from the Australian Bureau of Meteorology (BOM) are cooler by a full half a degree than the UAH satellite readings. Before anyone yells “adjustments”, this appears to be a real difference of instruments, but solving this mystery turns up a rather major flaw in climate models (…)
by K. Richard, March 22, 2018 in NoTricksZone
During 2017, there were 150 graphs from 122 scientific papers published in peer-reviewed journals indicating modern temperatures are not unprecedented, unusual, or hockey-stick-shaped — nor do they fall outside the range of natural variability.
We are less than 3 months into the new publication year. Already 46 new graphs from 40+ scientific papers undermine claims that modern era warming — or, in some regions, modern cooling — is climatically unusual.
by University of Exeter, March 20, 2018 in PhysOrg
Periods of extreme cold winter weather and perilous snowfall, similar to those that gripped the UK in a deep freeze with the arrival of the ‘Beast from the East’, could be linked to the solar cycle, pioneering new research has shown.
A new study, led by Dr Indrani Roy from the University of Exeter, has revealed when the solar cycle is in its ‘weaker’ phase, there are warm spells across the Arctic in winter, as well as heavy snowfall across the Eurasian sector.
The research is published in leading journal Scientific Reports, a Nature Publication, on Tuesday, 20 March 2018.
La géologie, une science plus que passionnante … et diverse
