Tuesday, March 27, 2012

EPA to impose first greenhouse gas limits on power plants

Looking forward to those rolling blackouts and increasing electric bills??  Here they come!!

EPA to impose first greenhouse gas limits on power plants

Daniel Acker/BLOOMBERG - The proposed EPA rule — years in the making and approved by the White House after months of review — will require any new power plant to emit no more than 1,000 pounds of carbon dioxide per megawatt of electricity produced.

By Juliet Eilperin, Published: March 26The Washington Post

The Environmental Protection Agency will issue the first limits on greenhouse gas emissions from new power plants as early as Tuesday, according to several people briefed on the proposal. The move could end the construction of conventional coal-fired facilities in the United States.

The proposed rule — years in the making and approved by the White House after months of review — will require any new power plant to emit no more than 1,000 pounds of carbon dioxide per megawatt of electricity produced. The average U.S. natural gas plant, which emits 800 to 850 pounds of CO2 per megawatt, meets that standard; coal plants emit an average of 1,768 pounds of carbon dioxide per megawatt.

And, just in case you forgot Obama’s thoughts on coal fired electrical generation – a little reminder in his own words:

Latest Global Average Tropospheric Temperatures

This is a pretty good example of solid science regarding current global temperature warming – or cooling – trends.  Bottom line?  For the past 30+ years – NO SIGNIFICANT CHANGE!!!
Latest Global Average Tropospheric Temperatures

Since 1979, NOAA satellites have been carrying instruments which measure the natural microwave thermal emissions from oxygen in the atmosphere. The signals that these microwave radiometers measure at different microwave frequencies are directly proportional to the temperature of different, deep layers of the atmosphere. Every month, John Christy and I update global temperature datasets (see here and here)that represent the piecing together of the temperature data from a total of eleven instruments flying on eleven different satellites over the years. As of early 2011, our most stable instrument for this monitoring is the Advanced Microwave Sounding Unit (AMSU-A) flying on NASA’s Aqua satellite and providing data since late 2002.

Saturday, February 18, 2012

Fracking Doesn't Harm Drinking Water, Study Says. - Hit & Run : Reason Magazine

Once again, the devil is in the details.

 

Fracking Doesn't Harm Drinking Water, Study Says.

Ronald Bailey | February 17, 2012

Frack away.Citizens who are concerned that fracking -- pumping a mixture of water, sand, and small amounts of chemicals into deep wells to break open natural gas and oil supplies -- should be happy with the findings of a new study just released at the American Association for the Advancement of Science conference today. As ScienceNowreports:

Wednesday, February 15, 2012

Top 1 Percent Pay 37 Percent of Income Taxes - Hit & Run : Reason Magazine

Just a reminder of who actually pay’s taxes.

Top 1 Percent Pay 37 Percent of Income Taxes

Tax cheat Tim Geithner, the only member of the Obama economic brain trust who has not yet been fired, testified to the Senate Finance Committee today in favor of the president’s proposed trillion-dollar-deficit budget.

Geithner, a Dartmouth man esteemed more for his tennis skills than for his understanding of markets or business, peddled much Keynesian voodoo before a nation whose economy he helped destroy while employed by the Federal Reserve Bank and then the Department of the Treasury. To get a sense of the mixed metaphors and confused logic that characterized the treasury secretary's testimony, ponder the Reuters headline “Geithner: Year-end fiscal cliff to hit U.S. growth,” and tremble to reflect that this word salad accurately describes Geithner's comments

Saturday, February 04, 2012

Obama’s Jobs Gains Piddly Compared With Millions Of Jobs That Never Materialized - Investors.com

The devil is always in the details

 

Obama’s Jobs Gains Piddly Compared With Millions Of Jobs That Never Materialized - Investors.com

Posted 02/03/2012 07:02 PM ET

View Enlarged Image

Jobs: Of course it's good news that 243,000 new jobs were created in January, shaving the unemployment rate to 8.3%. But thanks to massive policy errors by the White House, we're still way below where we should be.

Sunday, January 29, 2012

Forget global warming - it's Cycle 25 we need to worry about (and if NASA scientists are right the Thames will be freezing over again) | Mail Online

Color me shocked!!   Shocked it tell you!!!!!

 

Forget global warming - it's Cycle 25 we need to worry about (and if NASA scientists are right the Thames will be freezing over again) | Mail Online

Met Office releases new figures which show no warming in 15 years

By David Rose

Last updated at 5:38 AM on 29th January 2012

The supposed ‘consensus’ on man-made global warming is facing an inconvenient challenge after the release of new temperature data showing the planet has not warmed for the past 15 years.

The figures suggest that we could even be heading for a mini ice age to rival the 70-year temperature drop that saw frost fairs held on the Thames in the 17th Century.

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Monday, January 16, 2012

Welcome to the Lost Decade (for Entrepreneurs, IPO’s and VC’s) « Steve Blank

This is what’s missing from all the talk about the “recovery”.  Without entrepreneurs having access to venture capital and interest in their IPOs, our economy continues to “consolidate”.  It’s like a dying person who’s body longer takes in nurishment and begins to consume it’s own muscle.  This is where our economy is today, I just wish I heard this from a single, solitary candidate – either Democrat or Republican.

 

Welcome to the Lost Decade (for Entrepreneurs, IPO’s and VC’s)

Posted on July 15, 2010 by steveblank

If you take funding from a venture capital firm or angel investor and want to build a large, enduring company (rather than sell it to the highest bidder), this isn’t the decade to do it. The collapse of the IPO market and dysfunctional math in the venture capital community has stacked the odds against you.

Sunday, January 01, 2012

Thirty-three Year Temperature Update - Well Below Computer Model Predictions - Hit & Run : Reason Magazine

Global warming – not so much

 

Thirty-three Year Temperature Update - Well Below Computer Model Predictions

Ronald Bailey | December 16, 2011

Every month climatologists John Christy and Roy Spencer report the latest data from satellite measurements of global average temperatures. This month marks the 33rd anniversary of their data set. On the occasion, the researchers release a longer analysis of global temperature trends which is quoted below and is well worth reading: