Global Solar Power Installations Will Crash 24% in 2018

By Eric Worrall – Re-Blogged From WUWT

h/t James Delingpole – This is a bad year for renewable energy.

Goldman Sachs Puts a Grim Number on Solar Slump for This Year

By Chris Martin
20 July 2018

Anyone following clean energy knew this could be a tough year for solar. Goldman Sachs Group Inc. just put a grim number on how bad.

The pace of global installations will contract by 24 percent in 2018, Goldman analysts led by Brian Lee said in a research note late Wednesday. That’s far more dire than the 3 percent decline forecast by Bloomberg NEF in the bleakest of three scenarios outlined in a report earlier this month. Credit Suisse Group AG is forecasting a 17 percent contraction.

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Coal Power Has the Same Energy Share it Had 20 Years Ago

By Anthony Watts – Re-Blogged From http://www.WattsUpWithThat.com

A couple of days ago, we noted that this year’s edition of BP’s annual Statistical Review of World Energy report on global energy use is out, and it contains one of the most telling charts about the failure of the climate crusade’s “war on coal” ever presented.

Most of the lamestream media coverage has focused on this particular chart from the BP report,  which shows coal having a small uptick in 2017 after several years of decline. Doesn’t look like much, does it? Just a blip. Nothing for the enviro-faithful to worry about, the net trend is still down, right? They are blaming president Trump for it.

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Weekly Climate and Energy News Roundup #317

Brought to You by www.SEPP.org The Science and Environmental Policy Project

By Ken Haapala, President

Hollow Models? The long writing career of British logician and philosopher Bertrand Russell covered a period of marked change in science. The term natural philosophy was giving way to the term physical science and extensive divisions were occurring into branches such as physics, chemistry, etc. Already, it had been shown that long-held beliefs needed continuing empirical verification. For example, European philosophers long held the view that knowledge can be logically deduced from generally held beliefs, or propositions, such as: all swans are white; if it is a swan, it is white. This logical view was broken when the premise was falsified with the discovery of black swans in Australia in 1697. The occurrence has been used to demonstrate that logic alone is not sufficient to demonstrate a proposition has meaning in the physical world (truth). [Stock market investor Nassim Nicholas Taleb developed an investment (speculation) strategy based on unlikely events, which has different meaning.]

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Fund Managers Predict the Decline of Oil, But We’ve Heard This Before

By Steve Goreham – Re-Blogged From Washington Examiner

The sun begins to rise behind a pump jack and oil storage tanks near Williston, N.D.
The sun begins to rise behind a pump jack and oil storage tanks near Williston, N.D.
(AP Photo/Eric Gay)

Court Case to Force Shell to “Reinvest” More in Renewables

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

Shell’s long term policy of cultivating green friends seems to have come unstuck, with a “Friends of the Earth” lawsuit which insists that Shell re-investing 5% of their profits in renewables simply isn’t good enough.

Shell threatened with legal action over climate change contributions

Shell Oil

Shell Oil. By Catherine Hammond (Own work) [CC BY-SA 3.0], via Wikimedia Commons

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