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Friday, May 13, 2016

It's So Common, The Warmists Had To Tell Us It Was Common -- May 13, 2016

The warmists never give up, do they? Or perhaps better said, the warmists have infiltrated every weather report. This one was a classic.

Freezing weather, with or without snow, is being forecast for much of the US this weekend. It was a big story over at weather.com. But apparently it caught some weathermen by surprise, and apparently wanting to preempt deniers from snide remarks the warmists inserted this note (I can't make this stuff up):
Believe it or not, having near- or below-freezing temperatures in mid-May are not all that uncommon. Much of the Upper Midwest, Great Lakes, and New England typically don't see their last freeze until between April 30 and May 20, which appears to be on target this year.
Apparently not wanting to be scooped, this was from a Bill Nye tweet earlier this morning:
Believe it or not, the sun "came up" in the east this morning. That should not come as a surprise; it generally happens most days, and appeared to be on target again this morning. -- Bill Nye, The Science Guy
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To Quote Carl Sagan: Billions and Billions

Yup, that's how much MuskMelon will need to ramp up to 500,000 automobiles a week, or whatever number he comes up with next month. A few days ago Bloomberg, astute as ever, noted that it will take billions and billion of dollars for MuskMelon to meet his timeline:
Tesla Motors Inc. may raise billions of dollars by selling stock to accelerate production plans, betting the benefits will be enough to outweigh the dilution of the share price.
When Chief Executive Officer Elon Musk pulled ahead the electric-car company’s target to increase vehicle assembly to 500,000 a year to 2018 from 2020, he added that capital spending will increase by about 50 percent -- $750 million -- from the original budget for this year, which would probably require some fundraising.
Analyst Brian Johnson of Barclays projected a $3 billion equity raise sometime in the second quarter. At current stock prices, a transaction of that size would be about 14.5 million shares, an increase of 11 percent to the number of shares outstanding.
Actually, dilution by 10% is not that big a deal for a young, growing company. We saw it all the time in the Bakken during the boom as operators raised cash to expedite drilling.

We saw how that worked out. 

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