China Scales Back Shale Projects

mapChina switches from polluting coal to cleaner shale gas (sic). –Carole Nahkle, World Review, 26 September 2014

China National Offshore Oil Corp (Cnooc) has decided to shelve its shale gas project in Anhui province in the latest sign that the shale gas revolution that transformed the US energy industry is unlikely to replicate itself in China. Chinese and international oil companies are cutting spending following a steep slide in crude prices over the past year, and expensive shale projects are begin targeted. Cnooc joins larger Chinese firm PetroChina, which has already sharply scaled back on shale project in Sichuan province that it was developing with Royal Dutch Shell. –Lucy Hornby, Financial Times, 27 March 2015

Global oil companies are unwinding some big bets they made on China—and that is bad news for the Chinese companies, which need their know-how. Falling oil prices have forced oil bosses to slash planned investments that now look less likely to provide good returns. Projects in China, often expensive and geologically risky, are high on the list of those to be cut. Royal Dutch Shell PLC is scaling back investment in China shale exploration after several years of costly challenges. –Brian Spegele, The Wall Street Journal, 27 March 2015

The tides of the world’s seaborne coal trade are shifting rapidly as top consumer China seeks to rely more on domestic output while cutting its use of the polluting energy source. India, the world’s second-largest coal consumer, is stepping into the breach, pulling in more coal cargoes amid a price slump. India’s coal imports could rise by more than 8% this year to 170 million metric tons, research firm Wood Mackenzie estimates, putting them almost on a par with those of China, which imported 207 million tons last year. –Biman Mukherji, The Wall Street Journal, 27 March 2015

Republicans with higher levels of education are more likely than those in their parties with less education to say that the seriousness of global warming is “generally exaggerated.” Seventy-four percent of Republicans with a college degree say it is exaggerated, compared with 57% of those with high school education or less saying the same. Democrats are much less likely in general to say that the seriousness of global warming is exaggerated. College graduates who are Republicans are actually more likely than college graduates who are Democrats to say they understand a great deal about the issue, but well-educated Republicans find this understanding leads them in a different direction than it does Democrats.
 —Gallup, 26 March 2015

Since 1989, there’s been no significant change in the public’s concern level over global warming. To put this in perspective, note that the most expensive public-relations campaign in history — one that includes most governmental agencies, a long list of welfare-sucking corporations, the public school system, the universities, an infinite parade of celebrities, think tanks, well-funded environmental groups and an entire major political party — has, over the past 25 years or so, increased the number of Democrats who “worry greatly” about global warming by a mere four percentage points. And considering the absurd amount of media this crusade continues to garner, its ineffectiveness is doubly amazing. –David Harsanyi, The Federalist, 26 March 2015

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  • Avatar

    Gator

    |

    Time and again alarmists are shocked to learn, through their own studies, that skeptics know more about the science of climate change, and science in general.

    And yet they still have not learned to do more listening, and less barking.

    It is a mental disorder.

    The latest from Yale…

    http://www.foxnews.com/science/2015/02/12/study-global-warming-skeptics-know-more-about-climate-science/

    And to add fuel to the fire, some of the questions they said skeptics got wrong, were actually right. For instance, they often ask what is the most powerful or prevalent greenhouse gas, and claim the correct answer is CO2.

    So glad I never went to Yale. 😆

    Reply

  • Avatar

    Amber

    |

    Good point Gator . Perhaps a
    survey of members of Congress would be helpful to determine how well informed they are about carbon dioxide and the earths atmosphere .
    To make it easy how about a multiple choice format ?
    Suggestions could include ;

    Example Question # 1 …What % of the earth’s atmosphere does human originating CO2 most closely represent ?

    A . 14%
    B. 16%
    C. 3%
    D .4 of 1 %
    E. 25%

    Question #2

    Which of the following declarations by Al Gore are false ?

    A . The Arctic will be ice free in the summers within five years .
    B. The ‘science is settled “?
    C. The earth is several million degrees below its surface ?
    D. Assertion, that he is not in it for the money .
    E.All of the above .
    F. None of the above.

    Question#3

    Over 30,000 scientists signed the Oregon Petition (9000 with a PhD).The petition
    does which of the following ?

    A. Suggests that any warming attributable to humans and fossil fuel use will be negligible .

    B. Suggests that some warming would be positive for plant development .

    C. States that there is no convincing scientific evidence that human release of
    carbon dioxide is causing or will cause
    catastrophic heating of the earth’ s atmosphere .

    D. The number of scientists that signed the Oregon Petition is more than 600 times the number of science papers surveyed which claim that humans are causing destructive global warming .

    E A small number of attempts were made to discredit the Oregon Petition by people not in agreement with it and who submitting utterly false names. The false names were removed from the petition and numbered less than 10 out of over 30,000 .

    I am sure there are better questions than the above 3 examples but I wonder how well informed many members of Congress are on the subject of catastrophic man made global warming really are .

    Reply

  • Avatar

    Gator

    |

    It’s Earth Hour somewhere tonight! And I am making sure not to miss a single time zone, fired up my neons early…

    …and I have all the lights in the house on to celebrate the Earth given abundance of cheap and available energy.

    On my ridgetop, I know that all my neighbors can see my joyful display of cheap and abundant energy for three counties!

    I am so very happy to be able to celebrate Earth Hour as God intended. (Screw that hag Gaia)

    Happy Earth Hour to all my dear denier friends! 😆

    Reply

    • Avatar

      prestigio

      |

      crooner irving kaufman
      recorded

      bryan believed in heaven and that’s why
      he’s in heaven tonight

      a different time
      but fantasy isn’t different

      why record observations
      why calculate

      there is no difference
      geologists do not lie

      Reply

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