Weekly Climate and Energy News Roundup #298

By Ken Haapala, President, Science and Environmental Policy Project

Brought to You by www.SEPP.org

Frigid Weather: Since Christmas North America, east of the Rockies, has been very cold. In addition, the Atlantic Seaboard experienced an intense Nor’easter that brought rain, ice, and snow from Georgia to New England. Climate change alarmists are attempting to blame the cold on carbon dioxide (CO2) emissions. How CO2 may cause a cooling of the earth is not clearly established in physical theory. Government funded entities, such as NOAA, that rely on numerical models, did not predict the cold more than a few days in advance. Yet, a private entity, WeatherBELL Analytics, was warning of a cold year-end as early as October.

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Trump Administration to Open 90% of US Offshore to Leasing and Roll Back Obama-Era Drilling Regulations

By David Middleton – Re-Blogged From http://www.WattsUpWithThat.com

The plan is to open almost everything in the 2019-2024 OCS Oil and Gas Leasing Program, with Eastern Gulf leasing beginning when the Congressional moratorium expires after 2022.

Secretary Zinke Announces Plan For Unleashing America’s Offshore Oil and Gas Potential

Draft Proposed Program considers nearly the entire U.S. Outer Continental Shelf for potential oil and gas lease sales

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GE Has a Fossil Fuels Problem

By Matt Egan – Re-Blogged From CNNMoney

General Electric has a long history of disrupting the industrial landscape through breakthrough technologies like the jet engine and the light bulb. Today, GE is the one being disrupted.

The iconic company has been badly caught off guard by the dramatic rise of renewable energy at the expense of fossil fuels. Rapid adoption of solar and wind has created chaos in GE’s power division, which makes giant turbines and generators used by coal and natural gas power plants.

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Natural Gas in US Soars 60-Fold Amid Icy Squeeze in Northeast

By Bloomberg – Re-Blogged From Newsmax

Natural gas surged to 60 times the going rate as howling blizzard conditions stoked demand for the furnace fuel across the U.S. Northeast.

Spot prices for the fuel used to heat homes and generate power recently reached a record $175 per million British thermal units in New York, according to Consolidated Edison Inc. That’s a far cry from the $2.93 that U.S. gas futures have been averaging on the New York Mercantile Exchange this winter.

Image: Natural Gas in US Soars 60-Fold Amid Icy Squeeze in Northeast

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South Korea Seizes Second Ship Suspected of Providing Oil to North Korea

By Yuna Park & Hyunjoo Jin – Re-Blogged From Reuters

SEOUL () – South Korean authorities have seized a Panama-flagged vessel suspected of transferring oil products to North Korea in violation of international sanctions, a customs official said on Sunday.

The seizure was the second to be revealed by South Korea within a few days, as the United Nations steps up efforts to squeeze essential oil supplies to the reclusive North following its nuclear or ballistic missile tests.

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Climate Policy Refugees

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

h/t JoNova – News has emerged that a high level delegation from Pennsylvania quietly visited Australia this month, offering hard pressed Aussie businesses relocation packages and asylum from Australia’s insane green energy policies.

EAPI represents the average commodity price of retail electricity paid by Australian businesses based on a Standard Retail Contract (commences in 6-months and operates for 2½ years).

EAPI represents the average commodity price of retail electricity paid by Australian businesses based on a Standard Retail Contract (commences in 6-months and operates for 2½ years). Source Energy Action

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Nuclear Power Industry Dies a Slow Death

By Larry Kummer – From the Fabius Maximus website. With enhancements by Anthony Watts

Summary: After decades of promises about its potential, the window of opportunity is closing for nuclear power. Hated by the Left despite its carbon-free generation of electricity, their opposition plus decades of utilities’ screw-ups have weakened it. New energy tech — renewables and fracking — appears to be finishing it off.

For example, Rancho Seco Nuclear generating station:

The plant operated from April 1975 to June 1989 but had a lifetime capacity average of only 39%; it was closed by public vote on 7 June 1989 after multiple referenda that resulted from a long record of multiple annual shut-downs, cost over-runs, mismanagement, multiple accidents that included radioactive steam releases, re-starts after unresolved automatic shut-downs, and regular rate increases that included a 92% increase over one 3 year span.[5]

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