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Posts Tagged ‘Niño’

Global climate: Tough little girl

La Nina proves as disruptive as her better-known brother

EL NINO, a periodic sloshing of warm water from west to east across the Pacific, gets its name—“the boy child”—because it is around Christmas that it warms the water off Peru. It is now understood to have far wider effects, leading to characteristic patterns of temperature, rainfall and drought around much of the world. El Nino’s female counterpart, La Nina—a cooler sloshing from east to west—is less well known, and less frequent. But it too can impose a distinctive pattern of weather worldwide.

A moderately strong La Nina began around the middle of 2010 and is now at its peak; it is very likely to last another couple of months, and conceivably into the middle of this year. It can be blamed for floods in Australia, which are typical of La Nina in their location, if not their intensity, and in the Philippines, where ten people had died as of January 4th. But these are far from the first symptoms. The torrential rains which killed hundreds in Venezuela and Colombia in November and December had the little girl’s fingerprints on them, too. The spectacular inundation in Pakistan last August also fits the pattern. …

China Fishery cut to Neutral from Buy by DMG

DMG Research cuts China Fishery Group (B0Z.SG) to Neutral from Buy, lowers target price to $1.98 from $2.10 on expectations of South Pacific catch underperformance, according to Dow Jones.

DMG cuts FY2010 and FY2011 haul expectations by 53% and 13%, respectively due to delay to start of fishing season and “difficulty in new area of operations (including Peru), further worsened by El Nino.”

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Jenni “JWOWW” Farley Hosting Cosmetic Product Launch Party In NYC Thursday

If any of you celebrity stalkers out there are hiding out in The City That Never Sleeps, you’ll be elated to know that Jersey Shore’s Jenni “JWOWW” Farley will be hosting a “Farewell/Cosmetic Product Launch Party” (whatever that is) at Nino’s 208 Italian Restaurant in Manhattan this Thursday.
You’re cordially invited to rub elbows with JWOWW [...]

Time to reduce palm oil exposure, says Bank of America-Merrill Lynch

Recent strength in shares of plantation companies offers good chance for investors to reduce exposure to palm oil sector as unpredictable weather patterns have complicated farming practices, predictability of CPO prices, says Bank of America-Merrill Lynch, according to Dow Jones Newswires.

“Weather outlook uncertainty increases the investment risk substantially.” Notes current bullish views over palm oil sector based partly on poor output due to El Nino, re-emergence of hot money.

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The Edge mid-week comment Aug 12: Back to commodities

IN THE PAST WEEK, palm oil (CPO) prices have climbed 20% from their June lows, to RM2,417 per tonne this week although it is still 16% below the 2009 highs. Sugar prices are also at 28-year highs.
 
What’s going on? Palm oil and soya oil prices are up very sharply, notes Bratin Sanyal, Head of Asian Equity Investments ING Investment Management Asia/Pacific, because “agricultural soft commodities are doing very well on the back of poorer crop expectations in India. The monsoon has been poor so far. In Brazil, rainfall has been too much. Flooding has lead to a poor outlook for the harvest.” And that doesn’t count the recent typhoon Morakot that has hit north Asia, causing flooding and more crop damage. There’s also the El Nino effect we’ve been having in South-east Asia.

The Edge mid-week comment Aug 12: Back to commodities

IN THE PAST WEEK, palm oil (CPO) prices have climbed 20% from their June lows, to RM2,417 per tonne this week although it is still 16% below the 2009 highs. Sugar prices are also at 28-year highs.
 
What’s going on? Palm oil and soya oil prices are up very sharply, notes Bratin Sanyal, Head of Asian Equity Investments ING Investment Management Asia/Pacific, because “agricultural soft commodities are doing very well on the back of poorer crop expectations in India. The monsoon has been poor so far. In Brazil, rainfall has been too much. Flooding has lead to a poor outlook for the harvest.” And that doesn’t count the recent typhoon Morakot that has hit north Asia, causing flooding and more crop damage. There’s also the El Nino effect we’ve been having in South-east Asia.

Major New Report: Human Influences, The Sun, Volcanic Activity and El Niño ALL Affect Climate

A major new report to be published by Geophysical Research Letters, concludes that global warming will accelerate so quickly in the next 5 years – 150% of the IPCC’s predictions – that it is “expected to silence global warming sceptics”.What I find int…

World will warm faster than predicted

New estimate based on the forthcoming upturn in solar activity and El Niño southern oscillation cycles is expected to silence global warming sceptics

The world faces record-breaking temperatures as the sun’s activity increases, leading the planet to heat up significantly faster than scientists had predicted for the next five years, according to a study.

The hottest year on record was 1998, and the relatively cool years since have led to some global warming sceptics claiming that temperatures have levelled off or started to decline. But new research firmly rejects that argument.

The research, to be published in Geophysical Research Letters, was carried out by Judith Lean, of the US Naval Research Laboratory, and David Rind, of Nasa’s Goddard Institute for Space Studies.

The work is the first to assess the combined impact on global temperature of four factors: human influences such as CO2 and aerosol emissions; heating from the sun; volcanic activity and the El Niño southern oscillation, the phenomenon by which the Pacific Ocean flips between warmer and cooler states every few years.

The analysis shows the relative stability in global temperatures in the last seven years is explained primarily by the decline in incoming sunlight associated with the downward phase of the 11-year solar cycle, together with a lack of strong El Niño events. These trends have masked the warming caused by CO2 and other greenhouse gases.

As solar activity picks up again in the coming years, the research suggests, temperatures will shoot up at 150% of the rate predicted by the UN’s Intergovernmental Panel on Climate Change. Lean and Rind’s research also sheds light on the extreme average temperature in 1998. The paper confirms that the temperature spike that year was caused primarily by a very strong El Niño episode. A future episode could be expected to create a spike of equivalent magnitude on top of an even higher baseline, thus shattering the 1998 record.

The study comes within days of announcements from climatologists that the world is entering a new El Niño warm spell. This suggests that temperature rises in the next year could be even more marked than Lean and Rind’s paper suggests. A particularly hot autumn and winter could add to the pressure on policy makers to reach a meaningful deal at December’s climate-change negotiations in Copenhagen.

Bob Henson, of the National Centre for Atmospheric Research in Colorado, said: “To claim that global temperatures have cooled since 1998 and therefore that man-made climate change isn’t happening is a bit like saying spring has gone away when you have a mild week after a scorching Easter.” Temperature highs and lows

1998

Hottest year of the millennium

Caused by a major El Niño event. The climate phenomenon results from warming of the tropical Pacific and causes heatwaves, droughts and flooding around the world. The 1998 event caused 16% of the world’s coral reefs to die.

1957

Most sunspots in a year since 1778

The sun’s activity waxes and wanes on an 11-year cycle. The late 1950s saw a peak in activity and were relatively warm years for the period.

1601

Coldest year of the millennium

Ash from the huge eruption the previous year of a Peruvian volcano called Huaynaputina blocked out the sun. The volcanic winter caused Russia’s worst famine, with a third of the population dying, and disrupted agriculture from China to France.

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