Category: Uncategorized

Hundreds Of Millions Of British Aid ‘Wasted’ On Overseas Climate Projects

Hundreds Of Millions Of British Aid ‘Wasted’ On Overseas Climate Projects

via The Global Warming Policy Forum (GWPF)http://www.thegwpf.com

Serious questions are raised today over hundreds of millions of pounds of British taxpayers’ money being ‘wasted’ on climate change projects such as an Ethiopian wind farm and Kenyan solar power plant.

A Telegraph investigation shows little benefit so far from a £2 billion foreign aid programme to tackle climate change that was established eight years ago.

One scheme, costing £260m of UK taxpayers’ money, has produced only enough renewable electricity to power the equivalent of just 100 British households – about the size of a typical street.

Projects including solar parks in Kenya and Mali, a rubbish-burning power plant in the Maldives and wind farmer project in Ethiopia are all earmarked for funding from the scheme.

The Telegraph investigation raises major concerns over the use of international aid money to fund complex renewable energy schemes in some of the world’s poorest countries.

It will also reignite the row over the Government’s commitment, championed by David Cameron, to ring fence the £12 billion annual foreign aid budget, which is fixed at 0.7 per cent of national income.

Critics have accused the Government of “scandalously wasting” taxpayers’ money on the schemes.

While officials insist publicly the climate change schemes are working and should only be judged in 2023 at its end point, the department for International Development (Dfid) has expressed concern over delays to projects and the management of them.

One senior source said ministers inside Dfid are questioning whether the money would have been better spent on humanitarian causes instead.

The complex set of schemes – known as the Climate Investment Funds (CIFs) – are run by the World Bank, with almost one-third of the £6.75 billion total funding provided by the UK government. No other country has put in so much cash.

Full story

via The Global Warming Policy Forum (GWPF) http://www.thegwpf.com

March 12, 2017 at 10:06PM

Game Changer: Huge Alaskan Oil Find

Game Changer: Huge Alaskan Oil Find

via Watts Up With That?http://ift.tt/1Viafi3

Oil Derrick

“West Texas Pumpjack” by Eric Kounce TexasRaiser – Located south of Midland, Texas.

Guest essay by Eric Worrall

Oilprice.com has announced discovery of 1.2 billion barrels of oil on Alaska’s North Slope, which they expect will revitalise Alaska’s oil industry.

Huge Oil Find Could Save Alaska’s Oil Sector

By Nick Cunningham – Mar 10, 2017, 1:30 PM CST

Spanish oil firm Repsol SA just announced the largest onshore oil discovery in the U.S. in three decades, a 1.2 billion barrel find on Alaska’s North Slope. Repsol has been actively exploring in Alaska since 2008 and finally hit a big one.

The find came after drilling two wells with its partner, Armstrong Oil & Gas. Repsol says that it if it moves forward and develops the project, first oil could come by 2021. The field could produce 120,000 bpd, a significant volume given the predicament the state of Alaska finds itself in.

Alaskan oil production has been declining for decades. After BP’s massive Prudhoe Bay oil field came online in the 1970s – the largest oil field in North America – Alaska’s oil production shot up. But the field saw its production peak in the late 1980s at 1.5 million barrels per day, after which it went into long-term decline.

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Read more: http://ift.tt/2mRs9wq

Great news for the USA, especially for Alaska. I guess peak oil will have to be postponed again.

via Watts Up With That? http://ift.tt/1Viafi3

March 12, 2017 at 07:57PM

Weekly Climate and Energy News Roundup #262

Weekly Climate and Energy News Roundup #262

via Watts Up With That?http://ift.tt/1Viafi3

Brought to You by SEPP (www.SEPP.org) The Science and Environmental Policy Project THIS WEEK: By Ken Haapala, President The Climate Establishment Strikes Back: MIT Professor Emeritus of Atmospheric Sciences Richard Lindzen had circulated a petition signed by some 300 scientists calling for the US to withdraw from the United Nations Framework Convention on Climate Change […]

via Watts Up With That? http://ift.tt/1Viafi3

March 12, 2017 at 07:46PM

GW NOT PRIMARILY CAUSED BY CO2 SAYS USA ENVIRONMENT CHIEF

GW NOT PRIMARILY CAUSED BY CO2 SAYS USA ENVIRONMENT CHIEF

via climate sciencehttp://climatescience.blogspot.com/

At last there are senior figures prepared to speak out. How refreshing to see it. This article gives the details. Maybe now that it has started it will lead to other leading figures to follow them.

via climate science http://ift.tt/2jXH2Ie

March 12, 2017 at 07:00PM