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2019年2月6日 星期三

Morning Volt for 02/06/2019

02/06/2019
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Morning Volt

Climate Change Should Headline Trump's SOTU

Umair Irfan, Vox
In his Tuesday State of the Union speech, President Trump is expected to focus on five main issues: immigration, workers, infrastructure, health care and prescription drugs, and national security.Nobody expects him to mention climate change. But if he were truly taking on the biggest challenge and opportunity facing America, climate change would be right up there.Rising average temperatures have proved to be a serious threat during Trump's time in office. In 2017 and 2018, the US experienced immense, deadly billion-dollar disasters worsened by rising sea levels and higher air and ocean...

Bud's Super Bowl Commercial for Wind Power a Big Hit

Frank Kummer, PI
The commercial opens with a closeup of a Dalmatian's head, ears billowing, jowls flapping, scored to Bob Dylan's Blowin' in the Wind.No, the Budweiser wind farm ad wasn't among the top five highest rated Super Bowl commercial's for 2019, according to USA Today's Ad Meter. That honor went to the NFL's ad celebrating the league's 100th anniversary. Nor, was it among the top five lowest.

5 Things to Watch in Natural Gas

Rystad Energy, Oil Price
A new report from Rystad Energy identifies five vital themes that will shape global gas markets in 2019.Significant LNG production growth, the rise of US gas to challenge Russian dominance in Europe, insatiable demand in Asia, price pressure in selected regions, and a need for final investment decisions on planned liquefaction plants are the key market-movers identified in the report.The global market for liquefied natural gas (LNG) is geared for substantial supply growth this year, mirroring a major increase in US liquefaction capacity. Asia's appetite for LNG while vast is not...

Even Conservatives Now Worried Over Climate Change

Craig Miller, KQED
Over the weekend, the Midwest and eastern U.S. were finally released from the grip of an icy air mass known as the Polar Vortex." Tens of millions of Americans experienced life-threatening cold that set record lows across the region.President Trump, not for the first time, seized on the obvious optics to minimize the threat of global warming."In the beautiful Midwest, windchill temperatures are reaching minus 60 degrees, the coldest ever recorded," he tweeted. "What the hell is going on with Global Waming? Please come back fast, we need you!"

Natural Gas Price Forecast: Bears in Control

, Yahoo Finance
Natural gas futures gapped lower on the daily and weekly charts on Monday, but buyers quickly filled the gap. The move doesn't have much meaning at this time, but it does highlight some of the risk involved in selling this low on the charts, especially in front of the return of cold weather next week-end.At 04:46 GMT, March natural gas futures are trading $2.727, down $0.007 or -0.26%.We're not looking for a change in trend over the near-term, but we won't be surprised by a short-covering rally. This is because we believe that at current price levels, fund managers will be more inclined to...

Oil Industry's Future Not as Bright as Government Expects

C. Tomlinson, HC
he oil and natural gas industry is coming to terms with losing its energy monopoly, and while consumers will benefit from lower prices as companies compete for market share, the resulting damage to the planet could be irreversible.Oil and gas producers are turning North America into a net exporter of energy that will dominate global markets, the Energy Information Administration predicts. Not only will the U.S. achieve net exporter status in 2020, but analysts at Rystad Energy predict America will produce more hydrocarbon liquids than Saudi Arabia and Russia combined by 2025.

A 'Monster' Texas Oil Field Made the US a Star

Clifford Krauss, NYT
In a global collapse of oil prices five years ago, scores of American oil companies went bankrupt. But one field withstood the onslaught, and even thrived: the Permian Basin, straddling Texas and New Mexico.A combination of technical innovation, aggressive investing and copious layers of oil-rich shale have transformed the Permian, once considered a worn-out patch, into the world's second-most-productive oil field.And this transformation has apparently inoculated Texas against its traditional economic enemy, the boom-and-bust cycle pegged to oil prices.Even now, with prices still far below...

Oil Prices Slide After Hitting 2019 Highs

Reuters, CNBC
Oil hit a two-month high near $64 a barrel as OPEC-led supply cuts and U.S. sanctions against Venezuela's oil exports brightened the supply outlook, but prices fell back on uncertainty about prospects for the global economy.Brent crude oil, the global benchmark, hit $63.63 a barrel, the highest since Dec. 7, before turning negative. Brent slipped 24 cents to $62.51 around 12:45 p.m. ET.U.S. West Texas Intermediate crude hit a 2019 high of $55.75, its best intraday price since Nov. 21. WTI was last down 94 cents, or 1.7 percent, at $54.32.

Wind Power: 2018 Was a Huge Year

Mike Brown, Inverse
The amount of wind power capacity in North, Central and South America jumped 12 percent in the past year, a report revealed Tuesday. The Global Wind Energy Council found 11.9 gigawatts of capacity was added to the region, with the United States and Brazil among the biggest contributor.

Why Don't Our Kids March Against Climate Change?

Daniel Boffey, TG
t started with a solo protest outside Sweden's parliament by 16-year-old Greta Thunberg and has snowballed across the globe.Schoolchildren demanding action on climate change have played truant and taken to the streets in Australia, Finland, Germany, Ireland, Switzerland and, in their greatest numbers, in Belgium, where 35,000 made their voices heard in Brussels a week ago and a further 12,500 marched on Thursday.But in the Netherlands, where half the country is below sea level and awareness of global warming is high, there have been no such demonstrations. And for the first march, planned for...

These People Changed Their Minds on Nuclear

N. Johnson, Grist
The debate over nuclear energy has never seemed more important. After weighing every study on the subject, teams of scientist have predicted that warming of 1.5 degrees C (2.4 degrees F) above pre-industrial levels would bake 1.5 billion people in life-threatening heat waves at least once every five years, bleach coral reefs, and cause crop failure. And according to the Intergovernmental Panel on Climate Change, there's no way to avoid that scenario without using nuclear power. After all, nuclear fission is the world's second-largest source of low-carbon electricity after hydropower.Yet here...

Global Warming Threatens Himalayan Glaciers

Matt McGrath, BBC
Climate change poses a growing threat to the glaciers found in the Hindu Kush and Himalayan mountain ranges, according to a new report.The study found that if CO2 emissions are not cut rapidly, two thirds of these giant ice fields could disappear.Even if the world limits the temperature rise to 1.5C this century, at least one third of the ice would go.The glaciers are a critical water source for 250 million people living across eight different countries.

US Natural Gas Prices Plummet, Defy 'Polar Vortex 2019'

Jude Clemente, Forbes
The U.S. natural gas market ignored the Polar Vortex 2019 last week and prices have plummetedThis is especially incredible since on Wednesday, total U.S. gas demand easily hit an all time record of 150 Bcf/d, half of which was for heating.The previous total demand record was January 1, 2018, when we devoured 143 Bcf/d but the market was spared because it was a holiday (i.e., less industrial facilities were in operation).Up until this past week, U.S. gas demand this January was averaging about 110 Bcf/d.

Climate Change Isn't Science

Daniel G. Jones, American Thinker
Environmentalists first predicted impending climate disaster in the 1970s, but they didn't call it global warming. Back then, it was Global Cooling that would end life on earth as we knew it. The smog of industrial pollutants was blocking out sunlight so severely, we were warned, that our planet would enter a new ice age unless we acted quickly. Magazine covers featured pictures of snowball earth.

5 Takeaways on Trump's Nuclear Decision on Russia

R. Kheel & M. Chalfant, TH
Volume 90% The Trump administration on Friday announced long-anticipated plans to stop complying with a Soviet-era arms control pact with Russia, the Intermediate-range Nuclear Forces (INF) Treaty.President Trump pinned his decision on Moscow's years of violating the agreement. Officials from successive administrations have raised the issue in failed diplomatic talks with Russia for more than half a decade, but Moscow has long denied breaching the agreement.The treaty, signed by then-President Reagan and Soviet Union leader Mikhail Gorbachev in 1987, was widely credited with helping bring the...

Solar Sales Help Women Avoid Food Insecurity in Yemen

T. Welsh, Devex
Solar panels are providing women in Yemen access to energy and a way to escape famine conditions that continue to threaten the country.The nearly four-year war in Yemen has left half of the country's 29 million people hungry on a daily basis and killed an estimated 85,000 children from starvation. To tackle this pervasive food insecurity, the United Nations Development Programme is teaching women to run their own small businesses by generating energy with solar panels.

Tucker Carlson Spouts Hot Air About Wind Power

Lee Moran, HP
Fox News' Tucker Carlson called wind power a scam as he railed against the Green New Deal being proposed by left-leaning Democrats on Thursday night.The Tucker Carlson Tonight host said generating electricity from wind turbines was nothing more than an elaborate rip-off perpetuated on impoverished rural America by a few heavily subsidized corporations that are getting rich by making the landscape uglier.How is wind power going to heat your house when it's 30 below? Carlson added.

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