<br><br>On Wednesday, 13 January 2016, John Clark <<a href="mailto:johnkclark@gmail.com">johnkclark@gmail.com</a>> wrote:<br><blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex"><div dir="ltr"><div class="gmail_default" style="font-family:arial,helvetica,sans-serif"><span style="font-family:arial,sans-serif">On Tue, Jan 12, 2016  BillK </span><span dir="ltr" style="font-family:arial,sans-serif"><<a href="javascript:_e(%7B%7D,'cvml','pharos@gmail.com');" target="_blank">pharos@gmail.com</a>></span><span style="font-family:arial,sans-serif"> wrote:</span><br></div><div class="gmail_extra"><div class="gmail_quote"><br></div><blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;border-left-width:1px;border-left-color:rgb(204,204,204);border-left-style:solid;padding-left:1ex"><span style="font-size:12.8px"><div class="gmail_default" style="font-family:arial,helvetica,sans-serif;display:inline">​> ​</div>The world has reduced the use of oil and coal.</span></blockquote><div><br></div><div><div class="gmail_default" style="font-family:arial,helvetica,sans-serif">​<font size="4">Coal use did decline in 2015 by about 4.6%, but that is not true for oil. In 2015 the world burned 93.8 million barrels of oil a day, in 2014 it was only 92.4 and yet the price of oil went down in 2015, and by a lot.</font></div></div><div><div class="gmail_default" style="font-family:arial,helvetica,sans-serif;display:inline"><br></div></div><div><div class="gmail_default" style="font-family:arial,helvetica,sans-serif;display:inline"><a href="https://www.eia.gov/forecasts/steo/report/global_oil.cfm" target="_blank">https://www.eia.gov/forecasts/steo/report/global_oil.cfm</a></div></div><div class="gmail_quote"><br><blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;border-left-width:1px;border-left-color:rgb(204,204,204);border-left-style:solid;padding-left:1ex">
<div class="gmail_default" style="font-family:arial,helvetica,sans-serif;display:inline">​> ​</div>Is the world heading into a recession?<br></blockquote><div><br></div><div><div class="gmail_default"><font size="4"><font face="arial, helvetica, sans-serif">​I don't know, but if we're heading into a recession it is not because energy has gotten too expensive, it will be because of the Chinese bubble and horribly run government owned companies expanding too fast making things people don't want or need.</font></font></div></div><div><br></div><blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;border-left-width:1px;border-left-color:rgb(204,204,204);border-left-style:solid;padding-left:1ex"><div class="gmail_default" style="font-family:arial,helvetica,sans-serif;display:inline">​> ​</div>Is Saudi deliberately reducing the price of oil to try to bankrupt US<div class="gmail_default" style="font-family:arial,helvetica,sans-serif;display:inline">​ ​</div>shale companies?<div class="gmail_default" style="font-family:arial,helvetica,sans-serif;display:inline">​ ​</div>(At the risk of destroying their own economy).</blockquote><div><br></div><div><font size="4"><div class="gmail_default" style="font-family:arial,helvetica,sans-serif;display:inline">​No.​</div> </font></div><div></div></div></div></div></blockquote><div><br></div><div>A large part of it is that Saudi, and other OPEC countries, have not agreed to reduce production and support the price.<span></span></div><div> </div><blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex"><div dir="ltr"><div class="gmail_extra"><div class="gmail_quote"><div></div><blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;border-left-width:1px;border-left-color:rgb(204,204,204);border-left-style:solid;padding-left:1ex"><div class="gmail_default" style="font-family:arial,helvetica,sans-serif;display:inline">​> ​</div>Is the atmosphere pollution becoming too bad?<br></blockquote><div><br></div><div><div class="gmail_default"><font size="4"><font face="arial, helvetica, sans-serif">​The worst air pollution is in China and India and the former USSR, and that is primarily caused by coal not oil. ​Putting catalytic converters on cars would certainly help too. </font></font></div></div><div><br></div><blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;border-left-width:1px;border-left-color:rgb(204,204,204);border-left-style:solid;padding-left:1ex"><div class="gmail_default" style="font-family:arial,helvetica,sans-serif;display:inline">​> ​</div>Is atmosphere pollution causing catastrophic weather events?<br></blockquote><div><br></div><div><font size="4"><div class="gmail_default" style="font-family:arial,helvetica,sans-serif;display:inline">Weather</div></font><div class="gmail_default" style="font-family:arial,helvetica,sans-serif;display:inline"><font size="4"> catastrophes are no more common now than they were a 100 years ago, they're just different. </font>​</div></div><div> </div><blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;border-left-width:1px;border-left-color:rgb(204,204,204);border-left-style:solid;padding-left:1ex">
<div class="gmail_default" style="font-family:arial,helvetica,sans-serif;display:inline">​> ​</div>Is the switch to renewable energy gathering speed?<br></blockquote><div><br></div><div><div class="gmail_default" style="font-family:arial,helvetica,sans-serif"><font size="4">​I don't see any sign of that, but I do see signs that countries like Britain and Germany are getting tired of spending big money on subsidies and signs most <span style="font-family:arial,sans-serif">renewable energy companies can not exist without that crutch. </span></font></div></div><div class="gmail_default" style="font-family:arial,helvetica,sans-serif"><span style="font-family:arial,sans-serif"><font size="4"><br></font></span></div><div class="gmail_default" style="font-family:arial,helvetica,sans-serif"><span style="font-family:arial,sans-serif"><font size="4">  John K Clark</font></span></div><div><font size="4"> </font></div><blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;border-left-width:1px;border-left-color:rgb(204,204,204);border-left-style:solid;padding-left:1ex"><span><font color="#888888"><br></font></span></blockquote></div></div></div>
</blockquote><br><br>-- <br>Stathis Papaioannou<br>