Thursday, November 10, 2011

U.S. Wind Power Market May ‘Fall Off a Cliff,’ Vestas CEO Says - Businessweek

Vestas yesterday abandoned its profit margin and sales targets for 2015 as weakness in developed markets pushed them out of reach. That company on Oct. 30 published earnings early, cutting its full-year revenue and margin forecasts for the third time in 21 months.

The company plans to make 650 million euros of investments in 2012, and cut costs by 150 million euros, Engel said in a conference call with investors. The manufacturer expects 2012 and 2013 to be “tough years,” he said.

Solar Glut to Worsen After Prices Plunge 93% on Rising Supply: Commodities - Bloomberg

“Polysilicon is a grossly, grossly, grossly oversupplied commodity product,” said Paul Leming, director of research at Ticonderoga Securities in New York. “We’re staring at years of stability where polysilicon pricing sits at something approaching cost of production and doesn’t move.”
...
“The solar PV market has certainly reached a point where some illusions are meeting reality,” Wacker Chief Executive Officer Rudolf Staudigl told investors in an Oct. 28 conference call. “About the length of the downturn in polysilicon, I simply cannot answer.”

...“Two-thirds of the existing 66 polysilicon producers could fall victim to the shake-out that has just started,” the Macquarie analysts wrote in a note on Nov. 8. “The total number of Chinese polysilicon producers could fall to as little as four over the next three years, down from 35 known to us today.” 

Reply to article: Joe Bastardi: Stop pretending it’s not climate change, 2011 is further proof that a new era of extreme weather is dawning -- and it's about to get much, much worse | Climate Realists

DO YOU EVEN LOOK AT THE RECORD COLD MID TROPOSPHERIC TEMPERATURES, ESPECIALLY 400 MB WHERE THE TRAPPING HEAT WAS SUPPOSE TO SET OFF THE TIPPING POINT FEEDBACK, AND ASK HOW CAN RECORD COLD BE GOING ON HERE IF ALL THIS IS A SIGN OF WARMING?

How can we cool the central tropical Pacific, and then the atmosphere above, and then come to the conclusion that warmth is occurring and leading to the perceived increase in extremes. If defies all logic of any rational, free thinking person, yet alone scientist.

Burning Peat as an Exacerbating Feedback of Climate Change | Planet3.0

Drying of northern wetlands has led to much more severe peatland wildfires and nine times as much carbon released into the atmosphere, according to new research led by a University of Guelph professor.

If the feedbacks are so strong and positive, where's the warming?

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