In the Summer budget George Osborne the UK Chancellor of the Exchequer moved decisively against renewables by removing the climate change levy exemption for renewables. Renewables UK the trade association representing the wind, wave and tidal energy industries strongly critcised the Chancellor`s announcement in his budget speech that he is retrospectively removing the exemption for green energy. this move clearly makes renewables less attractive compared to fossil fuel generation. Drax Group plc the utility converting part of the biggest UK coal station to burn wood pellets saw its standing stock drop a massive 28 percent in London to the lowest since it started trading in 2005.
On the same subject retired software kingpin and richest man in the world B
Monday, 20 July 2015
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Saturday, 11 July 2015
Solar scientists at the University of Northumbria in the UK have revealed new research indicating the earth is heading for a new mini ice age in the next fifteen years. Professor Valentina Zharkova in a presentation to the National Astronomy conference in Llandudno has produced a new model of solar activity. Their research team has said fluid movements within the sun create 11 year cycles. Professor Zharkova said that solar activity will fall by a massive 60 percent as two fluid waves "effectively cancel each other out". She said the result would be similar to freezing conditions of the late 17th century. She said that temperatures will fall dramatically in the 1930s. Professor Zharkova went on to say " in the cycle between 2030 and around 2040 the two waves exactly mirror each other, peaking at the same time but in opposite hemispheres of the sun". she continued " we predict this will lead to the properties of a Maunder Minimum" Maunder minimum was the name given to the period between 1645 an d 1715 when Europe and North america experienced very cold winters. ( see report by Dan Hyde Daily Telegraph 11 July.) It is named after the solar astronomer Edward Maunder http://www.telegraph.co.uk/news/earth/environment/globalwarming/11395516/The-fiddling-with-temperature-data-is-the-biggest-science-scandal-ever.html