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)
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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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Interest Rate Rises will Trigger Renewable Business Collapses

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

h/t Willie Soon – the President of Spanish Energy Giant Iberdrola has suggested interest rate rises will wipe out large numbers of highly leveraged “unskilled” renewables businesses.

Iberdrola chief says global renewable sector facing Enron-style endgame

Ignacio Sánchez Galán, Presidente de Iberdrola

Ignacio Sánchez Galán, Presidente de Iberdrola. By Pabloherreros (Own work) [CC BY-SA 3.0], via Wikimedia Commons


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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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Oil Paradigm Shift Dead Ahead

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

Global Macro Thesis: Copper, Copper, Copper

The Chinese are holding their next national congress assembly from 18th October. This is a major event where macro policy for China is agreed and implemented. On the agenda will be the electrification of national road transport, with a plan to be all electric by 2050. This will achieve two objectives: Reduce pollution in the major cities and to be the global leader in the electric vehicle (EV) technology, and associated technologies. The Chinese are also building the infrastructure around the concept, including a huge electric grid upgrade across the country over the next 10 years, to cope with the additional load.

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Extreme Poverty USA: The True Cost of Climate Madness

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

While various US governments continue to waste unimaginable sums of public money on pointless climate schemes, real problems ranging from third world poverty in Alabama to an explosion of the skid row population of Los Angeles are being allowed to fester.

Human Intestinal Parasite Burden and Poor Sanitation in Rural Alabama

Hookworm infection affects 430 million people worldwide, causing iron deficiency, impaired cognitive development, and stunting in children.