New Paper: Normalized Tornado Damage in the United States: 1950-2011: ‘There is no indication of increasing incidence of tornadoes’

“However, the decreased frequency of high damage events in recent decades as compared to previous decades is a notable feature in the time series and provides strong counter-evidence to claims found in the scientific literature that the atmospheric environment that spawns tornadoes has intensified leading to more intense events on climate time scales (e.g., Trenberth, 2012)

Such claims are commonly found in the popular media and also in the insurance/reinsurance sector where they influence public opinion and decision making in business and government. The most recent review by the IPCC found no basis for claiming an increase (or decrease) in tornado incidence or intensity (IPCC, 2012).”

The Green Jobs Debacle: ‘Dept of Labor’s IG found that a $500 million program for training people with so-called green skills has so far produced only 1,336 jobs that have lasted over 6 months’

– Ener1, after receiving $118.5 million from DOE, filed for bankruptcy protection

– Evergreen Solar, after receiving millions of dollars from the state of Massachusetts, filed for bankruptcy protection

– SpectraWatt, backed by Intel and Goldman Sachs, filed for bankruptcy protection’

– Beacon Power, after receiving $43 million from DOE, filed for bankruptcy protection

– Abound Solar, after receiving $400 million from DOE, filed for bankruptcy protection.

– Amonix, after receiving $5.9 million from DOE, filed for bankruptcy protection.

– Babcock & Brown (an Australian company), after receiving $178 million from DOE, filed for bankruptcy protection.

– A123 Systems, after receiving $279 million from DOE, shipped some bad batteries and is barely operating. It cut jobs.

– Solar Trust for America, after receiving a $2.1-billion loan guarantee from DOE, filed for bankruptcy protection.

– Nevada Geothermal, after receiving $98.5 million from DOE, warns of potential defaults in new SEC filings.

More here.

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