News or just anything to fit a narrative

[Mr Magoo]

I think Glencore's move says a lot.

https://www.smh.com.au/business/the...ves-to-cap-global-output-20190220-p50z4r.html

 

[user 4485]

I think Glencore's move says a lot.

https://www.smh.com.au/business/the...ves-to-cap-global-output-20190220-p50z4r.html

It's a smart move from a social/community/investor standpoint but does it really limit them?
In 2017 Glencore produced 120.6mt of saleable coal. https://www.glencore.com/what-we-do/energy/coal
They have projected 145mt for 2019 which looks to be the cap moving forward. They aren't actually reducing output right now but may be on there former future projections?
While I think it's good to see a cap put on production (could make the industry more sustainable longer term :Y, as we do need to move towards using less fossil fuels where we can; plus look to use clean coal technologies, more efficient coal fired power generation (HELE) & carbon capture, IMO it's not overly limiting on them other than expanding further into coal.
Glencore have a history of being smart & adjusting production when required for example the 2015 downturn in coal demand
https://www.glencore.com/dam/jcr:54bb94e0-5536-47eb-a9da-479380576386/201502262230-Glencore-to-reduce-Australian-coal-exports.pdf

 

[Mr Magoo]

I think you're totally correct. What they announced was to satisfy investors, and to do that they, the investors, have to be accepting of it (whether they actually believe in it or not). I think if you had said you were limiting mining coal because you were concerned about man made climate change twenty years ago (ten I think you would struggle), it would of been a harder pill to swallow.
The industry approach to climate change is changing. Although that coal will still come out the ground, I'm sure.

 

[user 4485]

Interesting they also today announced the 2018 preliminary results for investors:
https://www.glencore.com/investors/preliminary-results-2018-presentation
2018 coal production 129.4mt
I think a smart move to try & win over concerned investors but still show some room for increased profit = increased dividends or at the very least maintain it at current levels.
Capping is another smart move from the worlds largest coal supplier - it could help to strengthen prices & make them more consistent if demand remains strong in relation to output.

 

[EVIE/BEE]

I am interested in the science. Its hard to get your head around such a complex thing as the earths climate and what is causing its change let alone sea level rise, beyond basic things like, the sea levels are rising and the earth is getting warmer. There is an endless amount of data supporting or refuting the rest of the narrative, most of us side with the data supporting what we already feel is true.

Is what you're saying Goldfreak don't believe everything you read???. Think for yourself, try optimism.. :rainbow:

 

[Goldfreak]

I am interested in the science. Its hard to get your head around such a complex thing as the earths climate and what is causing its change let alone sea level rise, beyond basic things like, the sea levels are rising and the earth is getting warmer. There is an endless amount of data supporting or refuting the rest of the narrative, most of us side with the data supporting what we already feel is true.

Is what you're saying Goldfreak don't believe everything you read???. Think for yourself, try optimism.. :rainbow:

yes pretty much. I once thought news was informative but am now thinking one is generally better informed before they consumed it if that makes sense ?. Shouldn't be that way though. Good information is out there if you look hard enough :Y:

 

[user 4485]

Interesting they also today announced the 2018 preliminary results for investors:
https://www.glencore.com/investors/preliminary-results-2018-presentation
2018 coal production 129.4mt
I think a smart move to try & win over concerned investors but still show some room for increased profit = increased dividends or at the very least maintain it at current levels.
Capping is another smart move from the worlds largest coal supplier - it could help to strengthen prices & make them more consistent if demand remains strong in relation to output.

https://amp.smh.com.au/politics/fed...&utm_source=Twitter&__twitter_impression=true

 

[EVIE/BEE]

By limiting production they increase the price, the activists are cheering and we pay more for electricity.
Opportunists, what else should we expect? :money:

 

[Manpa]

I'm confused, snow blanketing Las Vegas, Nevada for the first time ever today!

 

[EVIE/BEE]

I'm confused, snow blanketing Las Vegas, Nevada for the first time ever today!

Yeah..we're halfway through a cooling period??
I remember a couple of yrs ago there was snow on the top of Mt Wellington in summer in January just 30 klms from Hobart where it was 25 degrees.
I'm confused too.

 

[Manpa]

Mt Wellington, one of my favourite places in Tassie, magnificent views, changeable weather, great drive to the top. When I travelled to Hobart for work I would always take a drive up the mountain.

 

[EVIE/BEE]

Mt Wellington, one of my favourite places in Tassie, magnificent views, changeable weather, great drive to the top. When I travelled to Hobart for work I would always take a drive up the mountain.

Always wanted to detect around Queenstown, never got around to it, lot's of other undiscovered places over there i reckon.

 

[user 4386]

I'm confused, snow blanketing Las Vegas, Nevada for the first time ever today!

Well, second time this month. It depends on which report you read (some reports say first in 10 years, others 13 years).

https://www.cbsnews.com/news/snowin...-first-measurable-amount-of-snow-in-a-decade/

"Fake news" is a reality and always has been.

Las Vegas is in a valley - snow falls on the valley walls but rarely inn the central city

10 years ago in the city:

http://www.zimbio.com/Las+Vegas/articles/1189/Sin+City+Gets+Snow

 

[user 4386]

Mt Wellington, one of my favourite places in Tassie, magnificent views, changeable weather, great drive to the top. When I travelled to Hobart for work I would always take a drive up the mountain.

Not uncommon in Victoria - I have been snowed in during February.

 

[Manpa]

I'm confused, snow blanketing Las Vegas, Nevada for the first time ever today!

Well, second time this month. It depends on which report you read (some reports say first in 10 years, others 13 years).

https://www.cbsnews.com/news/snowin...-first-measurable-amount-of-snow-in-a-decade/

"Fake news" is a reality and always has been.

Las Vegas is in a valley - snow falls on the valley walls but rarely inn the central city

https://www.prospectingaustralia.com/forum/img/member-images/4386/1550818201_lasvegassnow.jpg

10 years ago in the city:

http://www.zimbio.com/Las+Vegas/articles/1189/Sin+City+Gets+Snow

They were taking about the casino strip being blanketed in snow, not the surrounding peaks.

 

[user 4485]

Some reports are saying first "significant" snow in the streets since records began in 1937. Others first significant snow in years.
It's rare but not unique:
"The office is the official recording station for weather in the Las Vegas Valley. Measurable snow has only fallen on four other occasions since 1937 in December, the weather service said: 2 inches onDec. 15, 1967; 0.4 inches on Dec. 5, 1972; 1 inch on Dec. 6, 1998; and 1.3 inches onDec. 30, 2003.Dec 17, 2008"
This occurrence 25mm depending on reports? (1 inch).
More media smoke & mirrors

 

[EVIE/BEE]

It used to be called global warming...now it's called climate change...Young school teachers are having a bet each way. Make up ya minds kids.
I'm still confused.

 

[user 4386]

I'm confused, snow blanketing Las Vegas, Nevada for the first time ever today!

Well, second time this month. It depends on which report you read (some reports say first in 10 years, others 13 years).

https://www.cbsnews.com/news/snowin...-first-measurable-amount-of-snow-in-a-decade/

"Fake news" is a reality and always has been.

Las Vegas is in a valley - snow falls on the valley walls but rarely inn the central city

https://www.prospectingaustralia.com/forum/img/member-images/4386/1550818201_lasvegassnow.jpg

10 years ago in the city:

http://www.zimbio.com/Las+Vegas/articles/1189/Sin+City+Gets+Snow

They were taking about the casino strip being blanketed in snow, not the surrounding peaks.

yes. that is the last url - a photo of the main street last time it fell in 2008. There is a Las Vegas ski resort in the mountains because they get regular snow there - it is fairly rare in the city (just not unique) - usually doesn't fall so far down the mountain. Still a rather different image to that given by most of the media, as hot desert that has never seen snow. I go there a bit, so was surprised by the media report.

 

[user 4386]

It used to be called global warming...now it's called climate change...Young school teachers are having a bet each way. Make up ya minds kids.
I'm still confused.

Yeah - the school teachers often get it wrong, the media usually gets it wrong but scientists have not been changing it - it is Global Anthropogenic Climate Change that they have always considered is occurring (or Global Anthropogenic Warming - since they do not suggest it is cooling). The key word is "Global" (i.e. not "Las Vegas" etc). They are talking about the average temperature of the atmosphere of the entire Earth, not the temperature at the moment at a particular place (which is the weather at that place, not the climate at that place - we all know that some years are hot and some years cold at the place we live - people confuse climate and weather). It is determined by taking temperatures at a huge number of places around the Earth. It is difficult to think of an analogy, but imagine you turn up your oven to 200 degrees to make a casserole. When it is up to temperature you put in your chopped meat and vegies. Over the next hour or whatever you take the temperature of different bits of meat and veggie in your casserole as they gradually heat up. The oven temperature is constant throughout (climate), but different bits of meat and vegie will heat at different rates (the weather at different places). Not a perfect analogy because in the case of places on the Earth, their temperatures can go down a bit as well as up (which would not happen in an oven), and the oven is very slowly and slightly warming more all the time - however the trend is nevertheless ever upwards (for more than a century now anyway), it just fluctuates a bit on the way up.

Somehow the scale got cut off here, but each box is about 0.1 degree vertically - so a bit over one degree is represented as the overall increase since the 1880s on the entire graph, for the Globe as a whole. That is climate change. The temperature at any one place on the Globe might vary a few degrees in a single year. That is the weather at that place - but the graph represents the average for hundreds of places for the year.

 

[EVIE/BEE]

It used to be called global warming...now it's called climate change...Young school teachers are having a bet each way. Make up ya minds kids.
I'm still confused.

Yeah - the school teachers often get it wrong, the media usually gets it wrong but scientists have not been changing it - it is Global Anthropogenic Climate Change that they have always considered is occurring (or Global Anthropogenic Warming - since they do not suggest it is cooling). The key word is "Global" (i.e. not "Las Vegas" etc). They are talking about the average temperature of the atmosphere of the entire Earth, not the temperature at the moment at a particular place (which is the weather at that place, not the climate at that place - we all know that some years are hot and some years cold at the place we live - people confuse climate and weather). It is determined by taking temperatures at a huge number of places around the Earth. It is difficult to think of an analogy, but imagine you turn up your oven to 200 degrees to make a casserole. When it is up to temperature you put in your chopped meat and vegies. Over the next hour or whatever you take the temperature of different bits of meat and veggie in your casserole as they gradually heat up. The oven temperature is constant throughout (climate), but different bits of meat and vegie will heat at different rates (the weather at different places). Not a perfect analogy because in the case of places on the Earth, their temperatures can go down a bit as well as up (which would not happen in an oven), and the oven is very slowly and slightly warming more all the time - however the trend is nevertheless ever upwards (for more than a century now anyway), it just fluctuates a bit on the way up.

https://www.prospectingaustralia.co...455_1280px-global_temperature_anomaly.svg.jpg

Somehow the scale got cut off here, but each box is about 0.1 degree vertically - so a bit over one degree is represented as the overall increase since the 1880s on the entire graph, for the Globe as a whole. That is climate change. The temperature at any one place on the Globe might vary a few degrees in a single year. That is the weather at that place - but the graph represents the average for hundreds of places for the year.

Goldierocks,
As you said in a previous item... I am not here for the sake of being argumentative.
So how is the global average temperature of the atmosphere determined without taking the temperature at the moment at a particular place, albeit every place (hypothetically)?
i'm still a skeptic as in my experience 40 or so yrs ago it was called a hole in the ozone layer, millions made selling sunscreen lotion, then a name change to global warming and now its climate change, billions being made out of renewable energy?
What will the next name change be?