Climate Letter #516

Posted on October 26, 2015 by Carl Campbell
The LA Times has a second installment about the Exxon climate science coverup.  This link has a summary plus a current response to all of the adverse publicity from Exxon itself:

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Here is a link to the full new Times report:
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How a huge El Nino spreads mayhem all over the world, with the climax yet to arrive:
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A thorough study of changes impacting the Gulf of Maine.  Water temperature has warmed up at an extraordinary rate, causing massive disruptions for all kinds of sea life.  This is the first of a five-part series, with fine quality writing.
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An update on the trend of portfolio disinvestment programs.  Climate change and the risk of stranded assets have been named as two major areas of increasing investor focus and concern in the latest global survey of institutional investors by Ernst & Young.  The risk of stranded energy assets being realized is starting to happen, especially in coal.  Literally trillions of dollars of value, worldwide, may have to be written off over time as climate mitigation activity progresses.  This can no longer be ignored by either portfolio managers or direct lenders.
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Hybrid energy parks should have a strong future.  The idea is simple enough, combining wind and solar collecting apparatus at one location.  The two energy sources are complementary in many regions, are both getting cheaper, and can both make use of the same facilities for processing and distribution.  A quite creative British energy company is now establishing such parks.
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A new catalyst for producing low-cost hydrogen.  “….the research team makes it clear that the key to a sustainable hydrogen economy is the use of low cost, earth-abundant materials as catalysts for water-splitting. Platinum is the catalyst of choice today due to its high efficiency, but the tradeoff is cost.”  The new catalyst, a blend of inexpensive cobalt and graphene, is said to be scalable.  The research group appears to have topnotch personnel.
Carl

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