Methane Madness: The Battle for our Grasslands and Livestock

By Viv Forbes, Dr Albrecht Glatzle, et al – Re-Blogged From http://www.WattsUpWithThat.com

“The whole purpose of farming is to convert carbon dioxide from the atmosphere into useful products.”
Vincent Gray
New Zealand Scientist and IPCC Reviewer

………………………………………………….…
Summary
Grasslands, arable lands and the oceans provide all mankind with food and fibre. But the productivity and health of our farms and livestock are under threat from global warming alarmists and green preservationists.

It is poor public policy that condones restrictions on grazing operations, or taxes on grazing animals, based on disputed theories that claim that bodily emissions from farm animals will cause dangerous global warming.

Continue reading

Advertisements

Gold Stocks’ Winter Rally

By Adam Hamilton – Re-Blogged From Zeal LLC

The gold miners’ stocks have certainly had a wild ride this year.  After initially skyrocketing out of deep secular lows into a mighty new bull market, they recently suffered a massive correction climaxing in an extreme plummet.  This coincided with gold stocks’ major seasonal low in October.  That heralds their strongest seasonal rally of the year heading into and through winter, a very bullish omen for coming months.

Gold-stock performance is highly seasonal, which certainly sounds odd.  The gold miners produce and sell their metal at relatively-constant rates year-round, so the temporal journey through calendar months should be irrelevant.  Based on these miners’ revenues, there’s no reason investors should favor them more at certain times of the year than others.  Yet history proves that’s exactly what happens in this sector.

Seasonality is the tendency for prices to exhibit recurring patterns at certain times during the calendar year.  While seasonality doesn’t drive price action, it quantifies annually-repeating behavior driven by sentiment, technicals, and fundamentals.  We humans are creatures of habit and herd, which naturally colors our trading decisions.  The calendar year’s passage affects the timing and intensity of buying and selling.

Continue reading

The Clinton Renewables Plan Would Create “Green Jobs” – But Also Would Destroy Real Jobs

By Eric Worrall – Re-Blogged From http://www.WattsUpWithThat.com

When is job creation a bad thing? The answer of course is when the new jobs make something more expensive. Economic growth occurs when efficiency improves – when a good or service becomes available at a reduced price. But this simple economic reality seems beyond the grasp of journalists who promote the “Green Job” narrative.

Clinton says the ‘clean energy economy’ will create millions of jobs. Can it?

Job growth is a prime topic in the U.S. presidential race, but Donald Trump and Hillary Clinton have very different takes on the role clean energy could play in creating employment.

Democratic hopeful Hillary Clinton says the U.S. can be the world’s “clean energy superpower.” Her plan, spelled out in detail online, would create millions of jobs and spur billions of dollars in public and private investment, while making infrastructure more resilient and lowering emissions.

Republican candidate Donald Trump says he’s a “great believer in all forms of energy” but that the country’s energy policies are a “disaster.” In a 2015 interview with CNN, Trump said policies to support clean energy and reduce carbon emissions would “imperil jobs” and “the middle class and lower classes.”

Like many critics of the federal government’s efforts to promote clean energy, he points to the failure of Solyndra as a waste of taxpayer money. Solyndra, you may recall, was a solar company that received a partial loan guarantee from the U.S. government but went bankrupt in 2011, defaulting on a US$535 million loan.

Continue reading

The Vexed Question Of The US Dollar

By Alasdair Macleod – Re-Blogged From http://www.Gold-Eagle.com

There is little doubt that the rapid expansion of both dollar-denominated debt and monetary quantities since the financial crisis will lead us into a currency crisis. We just don’t know when, and the dollar is not alone. All the major paper currencies have been massively inflated in recent years. With the dollar acting as the world’s reserve currency, where the dollar goes, so do all the other fiat monies.

Until that cataclysmic event, we watch currencies behave in increasingly unexpected, seemingly irrational ways. The fundamentals for Japan are not good, yet the yen remains the strongest currency of the big four. The Eurozone risks a systemic collapse, overwhelmed by political and financial headwinds, yet the euro’s exchange rate has proved relatively impervious to this deep uncertainty. The British economy is strongest, yet sterling is the weakest of the four majors.

If nothing else, today’s foreign exchanges are evidence that subjectivity triumphs over macroeconomic thinking. Mackay’s Extraordinary Popular Delusions and the Madness of Crowds beats computer modelling every time. Furthermore, any official attempt to establish a rate for the dollar has to address two separate questions: the value of the dollar relative to other currencies, and its purchasing power for goods and services.

Continue reading

Weekly Climate and Energy News Roundup #245

The Week That Was: October 22, 2016 – Brought to You by www.SEPP.org

By Ken Haapala, President, Science and Environmental Policy Project

Limits of Influence of CO2 – Laboratory Evidence: In a 2015 interview regarding the position of Pope Frances on climate change, physicist Tom Sheahen stated why he believes that human emissions of Carbon Dioxide (CO2) are not a major contributor to global warming/climate change.

“My career includes time at the National Bureau of Standards (now the National Institute for Standards and Technology) where I actually measured infrared absorption by CO2. I may have been the last person ever to do so because the results are exactly what had been found about a century ago. In 100 meters, the most important band of CO2 absorbs completely; we call that ‘saturation.In the atmosphere, absorption by CO2 was over 90 percent saturated in pre-industrial times and the increase in atmospheric CO2 from 300 to 400 parts per million adds only about 1 percent to 2 percent absorption. [Concentrations are now about 400 parts per million.] All that does is shift the altitude slightly from which water vapor (which is by far the dominant greenhouse gas) radiates infrared energy away into space. The empirical evidence today (worldwide satellite measurements) clearly shows that despite increasing CO2, earth’s average temperature is not increasing rapidly.” [Boldface added].

Continue reading

Economic Stagnation

By Gerald Peters – Re-Blogged From http://www.Silver-Phoenix500.com

So we have once again seen official reports about sub-par economic growth. Some are constantly perplexed as to why growth is so weak. I believe it will eventually become more obvious to everyone that debt is one of the major problems causing our current stagnation.

Looking at the above chart, we see GDP growth rates have been getting weaker each decade. The economy used to grow at 7 or 8 %…then 5 or 6%…then 4%…then 3%. Currently. There is only 2% growth. Moreover, after the next recession we will be lucky to see 1% growth as the norm. Follow the trend and we see that the US economy will probably be at 0% economic growth after 2030. To be sure after 2040 we will probably see negative growth as the norm. By the way, the chart of retail sales growth looks the same. This trend has continued regardless of which political party controls the White House or Congress.

Continue reading