Poland’s Central Bank Increases Gold Reserves By Over 125 Tonnes

By Mark O’Byrne – Re-Blogged From Gold Eagle

Gold reserves of the National Bank of Poland (NBP) have risen by 125.7 tonnes to 228.6 tonnes, the bank announced on Friday.

NBP governor Adam Glapiński added that that it had been possible to take action to repatriate a significant portion of Poland’s gold.

The central bank announced on Friday that it had “carried out the strategic decision of the NBP management board to significantly increase the NBP gold reserves within the foreign currency reserves.”

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Trump’s ‘Energy Dominance’ Agenda Is Breaking Russia’s Grip On Poland

By Tim Pearce From The Daily Caller – Re-Blogged From WUWT

Tim Pearce | Energy Reporter

Natural gas from the U.S. is flooding Polish markets as the European country seeks to loosen Russia’s grip on its energy security, The New York Times reports.

Russia supplies roughly half of Poland’s fuel, but long-term contracts with American companies signed by Poland’s state-owned gas giant PGNiG could displace all of Russia’s supply. U.S.-based companies Cheniere Energy, Venture Global LNG and Sempra Energy have all signed agreements with Poland in the last six months.

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Polish Government: Wind Turbines Will be Scrapped Within 17 Years

Re-Blogged From https://wysokienapiecie.pl

All wind farms operating today in Poland will be scrapped by 2035, with no new turbines built to replace them, stipulates draft “Energy Policy of Poland until 2040” presented by Ministry of Energy on Friday. This is a political decision, the Minister explained.

On Wednesday the government contracted with investors the construction of several hundred new wind turbines (with a capacity of approximately 1 GW). The average prices offered by investors, at which they committed to sell electricity, barely reached 197 PLN/MWh. This is less than the current market price (250 PLN/MWh) and much less that the total production cost in new coal-fired power plants (350 PLN/MWh).

However, on Friday Ministry of Energy presented the draft Energy Policy of Poland, which reads that all existing wind turbines will be scrapped by 2035, with the ones just contracted by the government a few years later. No new wind farms will be built to replace them.

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2018 Saw A Global Revolt Against Climate Change Policies

By Michael Bastasch From The Daily Caller  Re-Blogged From WUWT

  • 2018 saw a global revolt against policies aimed at fighting global warming
  • Australia, Canada, France and the U.S. have all seen push back against global warming policies
  • That included weeks of riots in France against planned carbon tax increases

Despite increasingly apocalyptic warnings from U.N. officials, 2018 has seen a number of high-profile defeats for policies aimed at fighting global warming. Politicians and voters pushed back at attempts to raise energy prices as part of the climate crusade.

It started in June with election of Ontario Premier Doug Ford. Ontario residents overwhelmingly voted Ford’s conservative coalition into power on a platform that included axing the Canadian province’s cap-and-trade program.

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The Snow Job in Poland

By Craig Rucker – Re-Blogged From WUWT

IPCC climate confab seeks to stampede the world into adopting destructive energy policies

Any blizzards that blanket Poland this winter can’t compare to the massive snow job climate campaigners are trying to pull off.

Some 30,000 politicians, activists, computer modelers, bureaucrats, lawyers, journalists, renewable energy sellers and a few scientists are in Katowice, Poland December 2-14, for another Intergovernmental Panel on Climate Change conference. Four issues will dominate the agenda.

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Climate Summit Language Reveals Real But Hidden Agenda

By David Wojick, Ph.D. – Re-Blogged From WUWT

The goal isn’t saving Earth from climate disaster – it’s changing the world order

People complain all the time about UN jargon. But the technical language of the Katowice, Poland climate summit is actually very revealing. It is all about changing the world order.

Words exist because there is something important to talk about. Words also embody basic beliefs. In this context, it is very useful that the ever-green Climate Change News has published a Glossary of the 32 technical terms they think are most important in Katowice.

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