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The Screwed Up Energy Mess

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China scooped up record volumes of crude oil imports from Russia in March, adding 790,000 barrels per day to its stockpiles, up from 570,000 bpd in January and February, Reuters’ Clyde Russell reported on Thursday, citing official Chinese import data.

Beijing’s efforts to boost its strategic stockpiles is simultaneously skewing the country’s oil demand picture, with record imports of Russian oil contributing to a false picture of the country’s overall demand, Russell notes.
First-quarter numbers for the year show a 670,000 bpd increase in inventory. - oilprice.com
 

"The “Amazing Tale” of How Three Billionaires Plunged the World into Climate Catastrophism​



Roger Pielke Jr., a former director of the Center for Science and Technology Policy Research at the University of Colorado, has uncovered the origins of the bogus “studies” warning of catastrophic global warming. It turns out three billionaires underwrote a scare campaign that Peilke describes as “an extraordinary corruption of the scientific process.”

The three villains here are former New York Mayor Michael Bloomberg, hedge fund manager Tom Steyer, and former Goldman Sachs CEO Hank Paulson, who each gave $500,000 to fund a project “making the climate threat feel real, immediate and potentially devastating to the business world.” Yes, this is the same Hank Paulson who is now chumming up to Donald Trump in perhaps a bid to be the next Treasury Secretary.

The money went to publish and promulgate a report entitled “Risky Business” that suggested temperature rises of up to 39 degrees Fahrenheit in less than 80 years, unless there was “concerted action to reduce future warming.”

That “scientific study is off by an astonishing TWO ORDERS OF MAGNITUDE.

This preposterous study passed peer review with little or no criticism (showing just how political the science process has become), and to date has been cited more than 1,100 times. Billions were then spent pushing further papers based on the flawed “Risky Business.” "

I remember watching Pielke testify before Congress in climate hearings, probably ten years ago or so. He seemed impressive-he put the kibosh on the idea that severe weather events were increasing in number or severity, although if I remember correctly he does believe that man is contributing to "climate change."
 

"The “Amazing Tale” of How Three Billionaires Plunged the World into Climate Catastrophism​



Roger Pielke Jr., a former director of the Center for Science and Technology Policy Research at the University of Colorado, has uncovered the origins of the bogus “studies” warning of catastrophic global warming. It turns out three billionaires underwrote a scare campaign that Peilke describes as “an extraordinary corruption of the scientific process.”

The three villains here are former New York Mayor Michael Bloomberg, hedge fund manager Tom Steyer, and former Goldman Sachs CEO Hank Paulson, who each gave $500,000 to fund a project “making the climate threat feel real, immediate and potentially devastating to the business world.” Yes, this is the same Hank Paulson who is now chumming up to Donald Trump in perhaps a bid to be the next Treasury Secretary.

The money went to publish and promulgate a report entitled “Risky Business” that suggested temperature rises of up to 39 degrees Fahrenheit in less than 80 years, unless there was “concerted action to reduce future warming.”

That “scientific study is off by an astonishing TWO ORDERS OF MAGNITUDE.

This preposterous study passed peer review with little or no criticism (showing just how political the science process has become), and to date has been cited more than 1,100 times. Billions were then spent pushing further papers based on the flawed “Risky Business.” "

Average temperature increase of 39 degrees? Holy Crap
 
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Who are these idiots and that is an insult to idiots. Somebody that took high school math and physics could tell you that it is not even a pipe dream. It is an outright fantasy. Wind and solar could just as well be Unicorn farts and fairy dust. No difference in the outcome
 
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