Renewable Energy – by Royal Decree

By Paul Driessen – Re-Blogged From http://www.WattsUpWithThat.com

The St. Louis city council has unanimously passed a resolution decreeing that by 2035 the city will somehow, almost magically be powered by 100% “clean, renewable” electricity. Or at least by paper certificate, as St. Louis city council raises electricity costs for poor families

City of St. Louis skyline in September 2008. Image: Wikimeda
Continue reading
Advertisements

Tocqueville The Productivity Myth

By Alasdair Macleod – Re-Blogged From http://www.Silver-Phoenix500.com

Every now and then, there’s a rash of commentary on national productivity. And for the British, productivity is all part of the Brexit angst, with the OECD, the Treasury, the Bank of England and Remainers all saying the average Brit’s poor productivity just goes to show how much they need the certain comfort of being in the EU. As Hilaire Belloc put it, we must hold on to nurse, for fear of something worse.

Only this week, the OECD came out with a paper repeating its disproved nonsense about the economic consequences of Brexit, even recommending Britain should hold a second referendum to reverse the Brexit decision. To back up its analysis it claimed Britain’s labour productivity is at a standstill, while that of France, Germany the United States and the OECD averages are all improving.

Continue reading

Copper, “The Metal Of The Future”

By Frank Holmes – Re-Blogged From http://www.Gold-Eagle.com

As many of you know, copper is often seen as an indicator of economic health, historically falling when overall manufacturing and construction is in contraction mode, rising in times of expansion.

That appears to be the case today. Currently trading above $3 a pound, “Doctor Copper” is up close to 28 percent year-to-date and far outperforming its five-year average from 2012 to 2016.

Continue reading

Germans Become The World’s Biggest Buyers Of Gold

By Frank Holmes – Re-Blogged From http://www.Gold-Eagle.com

When I talk about Indians’ well-known affinity for gold, I tend to focus on Diwali and the wedding season late in the year. Giving gifts of beautiful gold jewelry during these festivals is considered auspicious in India, and historically we’ve been able to count on prices being supported by increased demand.

Another holiday that triggers gold’s Love Trade is Dussehra, which fell on September 30 this year. Thanks to Dussehra, India’s gold imports rose an incredible 31 percent in September compared to the same month last year, according to GFMS data. The country brought in 48 metric tons, equivalent to $2 billion at today’s prices.

 

Continue reading

India and Germany: A Partnership to Be Reckoned With

By Christoph Senft – Re-Blogged From Stratfor

Earlier this year, the leaders of Germany and India announced that they had taken their countries’ relationship “to a new level.” And to be sure, over the past few decades collaboration between the two has deepened on many different fronts. But Germany’s interest in India isn’t merely a byproduct of the Asian century, as the 21st century is now so frequently called. Rather, it has been building gradually over time, laying a sturdy foundation for the partnership that both countries are beginning to take more and more seriously.

(TOBIAS SCHWARZ/AFP/Getty Images)

Continue reading

Stop hyping Harvey and Irma!

By Dr. Neil Frank, former Director National Hurricane Center

Re-Blogged From http://www.WattsUpWithThat.com

Over the past several weeks numerous articles suggest Harvey and Irma were the result of global warming. The concept is a warmer earth will generate stronger and wetter hurricanes. A number of people have said Irma was the most intense hurricane in the history of the Atlantic while Harvey was the wettest and both were good examples of what we can expect in the future because of global warming. What does a fact check reveal about these two hurricanes?

Irma was indeed a very powerful Cat 5 hurricane when it moved across the Leeward Islands and the 185 mph winds reported by a recon plane at 10,000 ft. were among the strongest recorded in Atlantic hurricanes. How does Irma compare to other intense Atlantic hurricanes? To answer that question, we must first look at the history of the methods used to determine the strength of a hurricane because it changed early this century.

Continue reading

Reasons For Optimism About Climate Hysteria

From Manhattan Contrarian By Francis Menton – Re-Blogged From http://www.WattsUpWithThat.com

Large numbers of my friends and acquaintances are climate skeptics, and many of them spend a good deal of their time feeling down in the dumps about the subject.  Their reasoning goes something like this:  Here we have something that should immediately be identified as baloney by any thinking person.  And yet thousands and millions of people seem to have fallen for it.  And not just random people, but people seemingly among the elites of society — academics and journalists and government bureaucrats.  Most of the media function as propaganda bullhorns to spread the idiocy.  The forces of hysteria have commandeered tens of billions of annual dollars of government funding to pay for their program and spread their message, drowning out and suppressing any opposition.  Their program calls for taking away everyone’s freedom and impoverishing the populace with higher costs for energy.  And yet the program seems to be getting adopted everywhere!

Continue reading