The Lake Mead water levels have absolutely nothing to do with supposed 'global warming'. It has everything to do with population/agriculture growth in Arizona and California. Drought cycles are completely normal events based roughly on the PDO phase. Right now the PDO is bringing dryer than normal conditions to the west and wetter than normal conditions to the east. That switches about every 10-20 years. The massive consumption of water from this region was rose from almost nothing in the mid 1930's to completely unsustainable today. This albatross has been known for decades and with every drought cycle the situation became worse. This time, this drought and ferocious water consumption rates will likely break the camels back and permanent water shortages will develop for all the rivers consumers even when the weather cycle returns to a more normal condition.
It's just too much consumption of finite resources and failed government resource policies. It has nothing to do with your failed global warming hypothesis.
Salt Lake is the remnant of a much larger lake from 30,000 years ago...from the depths of the last Ice Age. It was formed from glacial runoff and cooler and wetter climates from that period. As the Earth warmed up from the Ice Age, the glacier runoff dropped to near zero and the weather warmed up to desert conditions in the area. The lake is continuing to dry up over time, though it fluctuates many feet from year to year depending on the weather and the rains. It has been shrinking continually for 15,000 years and has nothing to do with 'global warming'.
The Russian Aral Sea is drying up entirely because the feed rivers were diverted to the desert region for agriculture (very similar to Lake Mead). A completely man-made problem, but again no 'global warming' involved.
“Math makes a research paper look solid, but the real science lies not in math but in trying one’s utmost to understand the real workings of the world,” says Professor Kimmo Eriksson of Sweden’s Malardalen University.
He decided to find out what effect complicated math had on research papers. So, he handed out two abstracts of research papers to 200 people with graduate degrees in various fields. One of the abstracts contained a mathematical formula taken from an unrelated paper, with no relevance whatever to the matter being discussed. Nevertheless, the abstract with the absurd mathematics was judged most impressive by participants. Not surprisingly, the further from math or science the person’s own training, the more likely he was to find the math impressive.
Yes, red, this is the current problem with the global warming fanatics. They don't know anything behind the science of the topic, but when someone says they have complicated mathematical models that are predicting dangerous 'climate change/global warming' then the masses jump to believe such models/scientists... Even though all the models have failed miserably in predicting temperatures, and have all guessed way too high, the believers, like yourself, CONTINUE to believe in the models. You find errors impressive, mistakes awe-inspiring, erred predictions worthy of new dogma.
Red, there is no measureable global warming from CO2 that can be definitively separated from normal climate changes. Without the 0.6 degrees added to the raw data over the last 30 years, it is not even possible to determine whether there is any statistical warming occurring at all. Right now if you still believe in that 'science' of CAGW you are being hauled along by your own ignorance since the real world data does NOT support the models incorrect predictions. You are believing in failed math. You are being puppet-ed by CAGW fanatics...scientists or not. Open your eyes...
While it it still a dream to think that most of our power needs can come from solar PV, the idea of using solar carports and requiring (via building codes) big box stores/warehouses to add some percentage of roof SF'age to be supplied with PV can certainly go a very long way to meeting the local car charging and electrical needs with PV.
PV is slow to add the gigawatts necessary to meet demand, but it will be one of the best ways to do so as time goes by. Low profile, quiet, long-lasting, reasonably environmentally friendly, recyclable and inexpensive over the long run. The solar carport idea works very well with the commuter EV approach.
The CEO has long said that 2014 through 2016 looks to be very good for dry bulk shipping. Let's hope he is right with that thought...
Then you would continue your record of being 100% wrong again. Not something to be particularly proud about, red.
Tesla will be offering a new battery pack for the Tesla Roadster that will increase the range from the current ~245 miles per charge to a much increased ~400 miles per charge. The new chemistry is significantly more heat resistant as well. No mention of any specifics...such as cost or warranties.
This is the most recent lithium battery chemistry upgrade available for the masses and there are several more generations to come that are on the lab benches in testing. Some of the most tantalizing could result in 4 times the current capacity (a 1600 mile range?). There have been 28 new supercharging stations added recently that bring the count to about 130 across the US and anyone who buys a Tesla currently (no pun intended) gets free 'fuel' for the car.
The bar has been raised again.
$20 may have been breached, but it will take a re-test or two of 20 for me to be sure. Based on expected good shipments this year and next, I would think we might see more upside for awhile...
This cash machine just keeps rolling along...rolling over the analysts and naysayers who say the end is near for this company.
I am a firm believer that stocks should be purchased only when special situations exist that temporarily offer a buying opportunity that would not otherwise exist. In the case of PSEC there have been a few opportunities over the last year that have presented themselves. Today's drop is the latest one. Whether or not dividends will change is unknown. Whether or not the portfolio health will be better or worse in the future is unknown. How interest rates might affect the payouts or NAV is unknown. We can make guesses...which is wise to do, but the fact remains that if you are in an accumulation mode of this stock as I am, this is one of those rare opportunities to get it cheaper than the day before. So I bought another round this morning...
This stock is becoming one of my bedrock stocks for retirement income. Re-investing is close to perpetuating a 1000 share purchase every 6 months. After a few more years of re-investing and new additions, this should make for a nice retirement supplement.
Take advantage of special situations as you are able.
Not sure how I think about that. It's one thing to think that a home might be able to generate and store a days worth of power to run itself. But with the advent of EV's I don't see how a home could generate the additional power necessary to fuel the cars, too. And what if you live in a poorer sun location or have multiple cloudy days? I think the demand for electrons will be increasing keeping the requirement for massive power generation facilities a real need. I also don't see the massive requirements for electron storage happening anytime soon.
I guess it might depend on what the 'long run' means...
---it is 2 hours from Antwerp to Amsterdam, no in in a BEV
No. The Tesla can easily do that. Tesla has over 30 superchargers in Europe now and is outselling FCV's by ~2 orders of magnitude there. It is much more energy efficient to use electrons from the grid, 'green' or otherwise, to power an EV, rather than electrons from hydrogen produced by electrons from the grid to power an FCV. The race is still very much on for the EV...
That's right. You can not predict how low, or how high either, the stock price will get. But SDRL produces a very valuable product for an industry that produces a very valuable product for a consumer that exists on this very valuable product and it's by products.
So the stock dips for a short time... Why not take advantage of the dips and accumulate? Over the longer run there is nothing but cash flow from this company. 10+% annual distributions? There is little 'clear danger' with this stock. It looks to be both a trading stock and an accumulation stock. Don't underestimate the need for this company's product. Most of the rest of the future oil is coming from off-land sources. Just how is this company NOT positioned to take full advantage of this fact?
According to Tesla's website, they now have 110 in the US, 59 in Europe and 13 in Asia.
Personally, I am a huge fan of the Tesla technology and the genius of Elon Musk. He is doing things that many said were not likely...or even not possible. But that aside, I agree with you that BEV's might be better viewed as a commuter car where their best strength lies. They can deliver most consumers daily driving needs cheaper than any other motorized vehicle in their class. Including FCV's... And most means 80%+ of consumers needs.
A long range EV will become less of a car for the masses and this is where an FCV might be a better choice. I say maybe because the verdict is still out on which vehicle will actually be the best technology for the future. I note that the Leaf is expected to have up to a 200 mile range in models offered in late 2016...up from 65-75 today.
It's going to be hard to beat a long range EV or two for the family and a rental, alternate fueled vehicle for the infrequent family vacation...