Monday, August 4, 2014

Leveling The Playing Field -- August 4, 2014

I think regular readers of the blog and those who follow the oil and gas industry are aware of the criticism that the oil and gas industry gets for a tax break known as the "oil depletion allowance." Critics call it a loophole when it is simply a modification of a well-known / well-understood business "phenomenon" related to the concept of depreciation.

But, to help level the playing field among the oil and gas industry and the wind and solar industries, I would assume that it is just a matter of time before Maxine Waters, Barack "they didn't build that" Obama, and Nancy Pelosi will offer a similar incentive for investors in renewable energy.

I assume it will be simply a matter of time before they will offer investors in renewable energy a tax incentive or a tax break called "the wind-depletion allowance" and a "solar-depletion allowance."

Global Warming, 2014 - 2015
Adelaide, South Australia: coldest morning 126 years

Yes, it's just "weather."

But, it would seem, to a sentient creature, that cooling weather for 19 years at some point becomes a cooling climate. 

IceAgeNow is reporting:
With the temperature dropping to 0.9 C, the weather bureau said it was the coldest August morning since 1888.
It was also the coldest day Adelaide has experienced in any month in six years.
In fact, most of regional South Australia woke to cold and frost.
“Murray Bridge has had its coldest ever start to the day in August at -2.7 degrees this morning,” said senior forecaster Mark Anolak.
I can't make this stuff up.

Global Warming, 2014 - 2015
Death Valley, CA, USA: 30 Degrees Below Average Yesterday

Hardly a conservative newspaper, The Washington Post is reporting that global warming is even affecting America's southwest: Death Valley was cooler than Missoula, MT, on Sunday.
Death Valley, Calif., which is known for being the world’s hottest location, maxed out at a relatively chilly 89 degrees on Sunday. This temperature – more than 30 degrees below average – was its coolest high temperature on record for the date by a whopping 15 degrees. The previous record of 104 was set in 1945.
This was only the eigth time that a high in the 80s has occurred in Death Valley in July or August, and there hasn’t been a high less than 90 since 1984. Weather records in Death Valley go back to 1911.
Locations that were hotter than Death Valley yesterday include Spokane, WA (93), Missoula, MT (91),  Casper, WY (92), and Boise, ID (99).
I can't make this stuff up.

More weather. Specificially, nineteen (19) years of cooling weather which according to the warmists is to be expected/predicted with "global warming." First it gets cooler, before it gets warmer. I was for the war before I was against it. Whatever. 

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