Bp Share Discussion Threads

[beergut] 23/5/2021 08:48

SpielAfter 9/11 the earths temperature went up due to the lack of planes in the air. It turned out that the thousands of planes in the air at any one moment reflected a lot of sunlight back up into the atmosphere.

[cassini] 21/5/2021 22:16

4spiel,

There may be some effect on sun intensity from the lack of air travel in the last year. I'm not aware of any studies on the matter, but that doesn't mean there aren't any.

You just have to look up up on a clear day and see the absence of contrail clouds (compared with before) to realise how prevalent they were before COVID.

I would imagine the lack of air travel has had a measurable effect on sun intensity, although of course it is generally concentrated over densely populated land areas and may not be as important as we might suppose from a glance up at the skies from somewhere like the UK or Europe.

[spacecake] 21/5/2021 20:58

Yes, like pollution in the air caused by but not exclusively by the combustion of fossil fuels.

Anyway, you all know the change is happening, you all know it's in slow motion in our timescales and you all know the root cause. We, as adults might not be impacted as much as the next generation but this also has been no secret, we just ignore it and really hope that we can get through it and continue to collect the dividend.

Why would the major investors or board of directors stick their necks out to speak out, take a position, or even worse do something about their own self inflicted global disaster when the global politicians look the other way ?

[4spiel] 21/5/2021 19:19

Cassini. Good post But in UK coldest April since1922 and May may not be much different! So figuresof 0.5% like inflation figures this last winter many people in many UK locations would laugh!,bSun penetration depends actually on many things including anything that obscures it like pollution in the air Not much ever safe to predict.

[4spiel] 21/5/2021 19:19

Cassini. Good post But in UK coldest April since1922 and May may not be much different! So figuresof 0.5% like inflation figures this last winter many people in many UK locations would laugh! Sun penetration dependstmany things including anything that obscures it like pollution in the air Not much ever safe to predict.

[cassini] 21/5/2021 17:43

The sun's output is very stable. It only very slowly varies a few watts from its average 1300W/sq.m. strength at Earth's orbit, nothing you could sense.

If it feels hot if and when the sun comes out remember it's mid-May - the sun is very high in the sky at midday. June 21st is mid-summer's day when the sun is highest but it's not much higher than now. Saying that, it's probably 11 or 12 degrees, raining and windy where I am right now...

As for arctic ice extent, it's falling this time of year as we approach northern hemisphere summer. It doesn't follow a smooth annual curve as it's affected by weather systems. About the best to be said about it is that it currently isn't falling as fast as usual for the time of year.

COVID emission reductions can't have made a difference as CO2 has continued to rise during 2020/21:

hxxps://gml.noaa.gov/ccgg/covid2.html

Sea ice extent is charted on the nsidc website:

hxxp://nsidc.org/arcticseaicenews/

The latest UAH global temperature measurement (for April) shows a temperature anomaly of -0.05C - that is, the average global temperature in April was 0.05C below the long term average for the last 20 years, so nothing to look at there...

[zaxarobal] 21/5/2021 17:36

October. This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August, and February

[4spiel] 21/5/2021 16:45

I have seen recent posts that Artic ice has increased recently maybe due to Covid cutting emissions.But have you not noticed the strength of the SUN I have noticed it not just in Kent also in Lancashire and in South Gran Canaria so powerful now- today phone call saying over 40C - only May-not to mention the heat from India across Asia.If the Sun blows up there will be no ice no us no BP !

[plastow] 21/5/2021 15:37

Bitcoin mining

[plastow] 21/5/2021 15:36

consumption adds up to 45.8 TWh•The corresponding annual carbon emissions range from 22.0 to 22.9 MtCO2•This level sits between the levels produced by the nations of Jordan and Sri Lanka

[plastow] 21/5/2021 15:36

consumption adds up to 45.8 TWh•The corresponding annual carbon emissions range from 22.0 to 22.9 MtCO2•This level sits between the levels produced by the nations of Jordan and Sri Lanka

[cassini] 21/5/2021 14:48

'Global warming' has been suspect to me ever since Michael Mann grafted the (rising) modern instrumental temperature record onto his tree ring temperature proxy chart, just at the point when his tree ring temperature data showed a precipitous decline in temperature.

He called this concatenation of data from two different sources the 'hockey stick'. His full series of tree ring data showed the hockey stick the other way up.

No one who does that can be trusted to present any data in an honest way IMO.

He's not the only so-called scientist out there who has developed 'religion' regarding anthropogenic global warming.

[spawny100] 21/5/2021 14:41

Was coldest April in UK since 1922 and May looking like might break some records too.

[investorwil] 21/5/2021 11:43

Yea. Guess it time to start panicking as the ice has been decreasing since the last ice age. 😱

[spawny100] 21/5/2021 11:28

40 years is a very short timescale for any meaningful trend in geophysical processes. Try going back a little further.

[spacecake] 21/5/2021 11:23

"I am not so sure we can be certain about global warming if you consider the increase in the Arctic Ice sheet"

Here is some actual data from the national snow and ice data center



As you can see in the chart, snow and ice cover in the Actic has been decreasing for the last 40 years, the trend is very clear.

[4spiel] 21/5/2021 11:04

I am not so sure we can be certain about global warming if you consider the increase in the Arctic Ice sheet recently and the very cold spring with extensive High Pressure from Hudson Bay to Iceland and affecting the whole of NW Europe. Indeed can we not dismiss too quickly that the primary trend may still be cooling and not to forget solar cycles might be having temporary intermittent counter effects.destruction of rain forests fossil fuel pollution and concreting over vast areas for blocks of flats etc in large cities in China all contribute and we have to be ever vigilant! Meanwhile there will be continuing demand for the oil produce of companies like Bp but future growth likely to be more diversified but consumers will still have to pay for power and will not be any cheaper.

[cliveb] 21/5/2021 10:36

Dean you are correct It all started out as cooling and the danger of returning to an Ice Age, but that didn't fit so it became Global Warming, that didnt fit either so it became Climate Change, otherwise known as weather! and Spacie from your post it seems that the weather was warmer 50 years ago, certainly feels that way for me anyway,
the big problem is "where are we to get all this Electricity from" and what sort of battery are planes going to have to use, even if every country in the world stops producing Internal combustion engines 2030 there will still be a lot of them about in 2040,

[optomistic] 21/5/2021 09:34

plastow, so true and when the car battery packs start to fail, which they will then we will all be looking for an old ICE motor to get about in. Unless of course hydrogen becomes the new power source of the moment, which could be very likely... will be a lot old battery packs to dispose of then by which time Greta will have grown up a bit and decide that we would have been better leaving things as they were!

[spacecake] 21/5/2021 07:21

Looks like the next 10 years will be an interesting ride.

[plastow] 20/5/2021 21:37

As far as I can see this is still a good buying opportunity plus divi the world will still need gas and oil for years

[spacecake] 20/5/2021 20:06

DeanForester20 May '21 - 16:36 - 95411 of 95413
0 2 0

Spacecake
19 May '21 - 15:06 - 95409 of 95410

Climate change has been discussed since the 1980's,

Back then the main concern was global cooling.


Back then I remember queuing in the street with a bucket for water during the 1976 Great British drought, but I guess that was just weather related :-)

[skinny] 20/5/2021 19:48

Do you mean trade 25221 - UT trade 9,893,815 @310.30? - that was the uncrossing auction trade.

[pander45] 20/5/2021 19:04

Massive upside. Ongoing buying opportunity imho.