WHC 2.18% $7.63 whitehaven coal limited

Target $18.72, page-5970

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    nbc. com D. Chow said 13.6.23

    "The Northern Hemisphere is feeling the heat this week.

    Parts of Europe, Asia and North America are bracing for temperatures to spike, all while theworld’s oceans have hit record-high sea surface temperatures.The return of an El Niño climate pattern, which occurs naturally and often increases global temperatures, is also raising fears about what to expect in the coming weeks as much of the planet heads into the hottest months of the year.


    An early season heat wave is expected to bring stifling conditions to the United Kingdom this week, with temperatures in some places forecast to be up to nearly 20 degrees Fahrenheit (10 degrees Celsius) hotter than normal for this time in June.

    Summer officially starts on June 21, the summer solstice...

    In the United States, Texas is bracing for high humidity and triple-digit temperatures this week. Dangerously hot conditions are forecast across much of the state, including in Dallas, Austin, San Antonio and Houston".


    https://www.nbcnews.com/science/science-news/will-2023-hot-summer-places-already-rcna88833

    There appear to be more acceptance of climate scientists' views who are saying we are probably entering an el nino weather period.
    There are more predictions summer temps will be above average in the northern hemisphere- & much colder winters (for the latter, only in the northern parts of the northern hemisphere).

    Therefor it is likely, therefore, to be much greater demand for energy for air conditioners & refrigeration in the summer; & more fossil fuels for heating in the northern winter.
    Only gas & coal-fired power is capable of providing cheap, reliable, baseload energy. This bodes well, eventually, for WHC SP.
    Last edited by Montalbano: 13/06/23
 
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