by John Parnell, January 10, 2019 in Forbes
China has said it will not approve wind and solar power projects unless they can compete with coal power prices.
Beijing pulled the plug on support for large solar projects, which had been receiving a per kWh payment, in late May. That news came immediately after the country’s largest solar industry event and caught everyone by surprise.
Officials are understood to have been frustrated at seeing Chinese suppliers and engineering firms building solar projects overseas that delivered electricity at prices far below what was available back home.
by Tom DiChristopher, January 8, 2019 in CNBC
- BP discovers 1 billion barrels of oil at its Thunder Horse field in the Gulf of Mexico.
- The oil giant also says it will spend $1.3 billion to develop a third phase of its Atlantis offshore field south of New Orleans.
- BP credits its investment in advanced seismic technology for speeding up its ability to confirm the discoveries.
by Christopher Monckton of Brenchley, January 10, 2019 in WUWT
The prolonged el Niño of 2016-2017, not followed by a la Niña, has put paid to the great Pause of 18 years 9 months in global warming that gave us all such entertainment while it lasted. However, as this annual review of global temperature change will show, the credibility gap between predicted and observed warming remains wide, even after some increasingly desperate and more or less openly prejudiced ever-upward revisions of recent temperatures and ever-downward depressions in the temperatures of the early 20th century in most datasets with the effect of increasing the apparent rate of global warming. For the Pause continues to exert its influence by keeping down the long-run rate of global warming.