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Nuvista Energy Ltd T.NVA

Alternate Symbol(s):  NUVSF

NuVista Energy Ltd. is an oil and natural gas company, which is engaged in the exploration for, and the development and production of, oil and natural gas reserves in the Western Canadian Sedimentary Basin. Its primary focus is on the scalable and repeatable condensate rich Montney formation in the Alberta Deep Basin (Wapiti Montney). Its core operating areas of Wapiti and Pipestone in the Montney formation are located near the City of Grande Prairie, Alberta, approximately 600 kilometers northwest of Calgary. Its Montney Formation is a shale gas and shale oil resource. The Montney formation in the Wapiti area is a thick (200m+) section of hydrocarbon-charted fine-grained reservoir found at depths ranging from 2,500-3,500m.


TSX:NVA - Post by User

Post by Carjackon Apr 30, 2023 4:29pm
201 Views
Post# 35421870

The northern hemisphere is in trouble this summer

The northern hemisphere is in trouble this summer

Starting in April 2023, a record-breaking heat wave has affected many Asian countries, including IndiaBangladeshChinaThailand and Vietnam. Several regional temperature records have been set.

2023 Asia heat wave
Areas
 

The return of the El Nio climate phenomenon later this year will cause global temperatures to rise “off the chart” and deliver unprecedented heatwaves, scientists have warned.

Early forecasts suggest El Nio will return later in 2023, exacerbating extreme weather around the globe and making it “very likely” the world will exceed 1.5C of warming. The hottest year in recorded history, 2016, was driven by a major El Nio.

It is part of a natural oscillation driven by ocean temperatures and winds in the Pacific, which switches between El Nio, its cooler counterpart La Nia, and neutral conditions. The last three years have seen an unusual run of consecutive La Nia events.

This year is already forecast to be hotter than 2022, which global datasets rank as the fifth or sixth hottest year on record. But El Nio occurs during the northern hemisphere winter and its heating effect takes months to be felt, meaning 2024 is much more likely to set a new global temperature record.

The greenhouse gases emitted by human activities have driven up average global temperature by about 1.2C to date. This has already led to catastrophic impacts around the world, from searing heatwaves in the US and Europe to devastating floods in Pakistan and Nigeria, harming millions of people.

 

“It’s very likely that the next big El Nio could take us over 1.5C,” said Prof Adam Scaife, the head of long-range prediction at the UK Met Office. “The probability of having the first year at 1.5C in the next five-year period is now about 50:50.”

“We know that under climate change, the impacts of El Nio events are going to get stronger, and you have to add that to the effects of climate change itself, which is growing all the time,” he said. “You put those two things together, and we are likely to see unprecedented heatwaves during the next El Nio.”

The fluctuating impacts of the El Nio-La Nia cycle could be seen in many regions of the world, Scaife said. “Science can now tell us when these things are coming months ahead. So we really do need to use it and be more prepared, from having readiness of emergency services right down to what crops to plant.”

Prof James Hansen, at Columbia University, in New York, and colleagues said recently: “We suggest that 2024 is likely to be off the chart as the warmest year on record. It is unlikely that the current La Nia will continue a fourth year. Even a little futz of an El Nio should be sufficient for record global temperature.” Declining air pollution in China, which blocks the sun, was also increasing heating, he said.

Kiribati coral reef before and after marine heatwave and 2015-16 El Nio: in May 2015 (L), and in June 2018 (R).
Two views of the same coral reef in Kiribati photographed before and after the marine heatwave and strong 2015-16 El Nio: in May 2015 (L), and in June 2018 (R). Photograph: Danielle Claar/Victoria University/AFP/Getty Images

While El Nio would supercharge extreme weather, the degree of exacerbation was under debate among scientists.

Prof Bill McGuire, at University College London, UK, said: “When [El Nio arrives], the extreme weather that has rampaged across our planet in 2021 and 2022 will pale into insignificance.” While Prof Tim Palmer, at the University of Oxford, said: “The correlation between extreme weather and global mean temperature is not that strong [but] the thermodynamic effects of climate change are going to make the anomalies we get from an El Nio year just that more extreme.”

 

Climate modelling results issued in early January by Australia’s Bureau of Meteorology indicated the country could swing from three years of above-average rainfall to one of the hottest, driest El Nio periods on record, increasing the risk of severe heatwaves, droughts and fires. In December, the US National Oceanic and Atmospheric Administration rated the odds of an El Nio forming by August-October as 66%.

The scale of the likely El Nio was as yet unclear. Prof Andy Turner, at the University of Reading, said: “Many seasonal forecast models are suggesting the arrival of moderate El Nio conditions from summer 2023.” The picture would be much clearer by June, the scientists said.

The El Nio-La Nia phenomenon is the biggest cause of year-to-year differences in weather in many regions. In La Nia years, the east-to-west Pacific trade winds are stronger, pushing warm surface waters to the west and drawing up deeper, cooler water in the east. El Nio events happen when the trade winds wane, allowing the warm waters to spread back eastwards, smothering the cooler waters and leading to a rise in global temperatures.

 

Nations bordering the west Pacific, including Indonesia and Australia, experience hotter and drier conditions. “You tend to get lots of droughts, lots of wildfires,” said Scaife, though China can suffer flooding in the Yangtze basin after big El Nios.

India’s monsoons, and rains in southern Africa can also be suppressed. Other regions, such as east Africa and the southern US, both of which have suffered recent droughts, can get more rain and flooding. In South America, southern regions are wetter, but the Amazon, already approaching a dangerous tipping point, is drier.

“The effects of El Nio could also be felt as far as the northern hemisphere mid-latitudes, with a likelihood of wetter conditions in Spain from summer onwards and drier conditions on the eastern seaboard of the US in the following winter and spring,” said Turner.

 

Palmer said the biggest unanswered question was whether climate change favoured more El Nio or more La Nia events: “That is crucially important for countries looking at long-term adaptation, and will need much higher-resolution climate models. That can only come about with bigger computers.”

Palmer and colleagues have called for the establishment of a $1bn international centre for climate modelling, akin to the Large Hadron Collider that allows international particle physicists to do together what no single nation can do alone.

 

The return of the El Nio climate phenomenon later this year will cause global temperatures to rise “off the chart” and deliver unprecedented heatwaves, scientists have warned.

Early forecasts suggest El Nio will return later in 2023, exacerbating extreme weather around the globe and making it “very likely” the world will exceed 1.5C of warming. The hottest year in recorded history, 2016, was driven by a major El Nio.

It is part of a natural oscillation driven by ocean temperatures and winds in the Pacific, which switches between El Nio, its cooler counterpart La Nia, and neutral conditions. The last three years have seen an unusual run of consecutive La Nia events.

This year is already forecast to be hotter than 2022, which global datasets rank as the fifth or sixth hottest year on record. But El Nio occurs during the northern hemisphere winter and its heating effect takes months to be felt, meaning 2024 is much more likely to set a new global temperature record.

The greenhouse gases emitted by human activities have driven up average global temperature by about 1.2C to date. This has already led to catastrophic impacts around the world, from searing heatwaves in the US and Europe to devastating floods in Pakistan and Nigeria, harming millions of people.

 

“It’s very likely that the next big El Nio could take us over 1.5C,” said Prof Adam Scaife, the head of long-range prediction at the UK Met Office. “The probability of having the first year at 1.5C in the next five-year period is now about 50:50.”

“We know that under climate change, the impacts of El Nio events are going to get stronger, and you have to add that to the effects of climate change itself, which is growing all the time,” he said. “You put those two things together, and we are likely to see unprecedented heatwaves during the next El Nio.”

The fluctuating impacts of the El Nio-La Nia cycle could be seen in many regions of the world, Scaife said. “Science can now tell us when these things are coming months ahead. So we really do need to use it and be more prepared, from having readiness of emergency services right down to what crops to plant.”

Prof James Hansen, at Columbia University, in New York, and colleagues said recently: “We suggest that 2024 is likely to be off the chart as the warmest year on record. It is unlikely that the current La Nia will continue a fourth year. Even a little futz of an El Nio should be sufficient for record global temperature.” Declining air pollution in China, which blocks the sun, was also increasing heating, he said.

Kiribati coral reef before and after marine heatwave and 2015-16 El Nio: in May 2015 (L), and in June 2018 (R).
Two views of the same coral reef in Kiribati photographed before and after the marine heatwave and strong 2015-16 El Nio: in May 2015 (L), and in June 2018 (R). Photograph: Danielle Claar/Victoria University/AFP/Getty Images

While El Nio would supercharge extreme weather, the degree of exacerbation was under debate among scientists.

Prof Bill McGuire, at University College London, UK, said: “When [El Nio arrives], the extreme weather that has rampaged across our planet in 2021 and 2022 will pale into insignificance.” While Prof Tim Palmer, at the University of Oxford, said: “The correlation between extreme weather and global mean temperature is not that strong [but] the thermodynamic effects of climate change are going to make the anomalies we get from an El Nio year just that more extreme.”

 

Climate modelling results issued in early January by Australia’s Bureau of Meteorology indicated the country could swing from three years of above-average rainfall to one of the hottest, driest El Nio periods on record, increasing the risk of severe heatwaves, droughts and fires. In December, the US National Oceanic and Atmospheric Administration rated the odds of an El Nio forming by August-October as 66%.

The scale of the likely El Nio was as yet unclear. Prof Andy Turner, at the University of Reading, said: “Many seasonal forecast models are suggesting the arrival of moderate El Nio conditions from summer 2023.” The picture would be much clearer by June, the scientists said.

The El Nio-La Nia phenomenon is the biggest cause of year-to-year differences in weather in many regions. In La Nia years, the east-to-west Pacific trade winds are stronger, pushing warm surface waters to the west and drawing up deeper, cooler water in the east. El Nio events happen when the trade winds wane, allowing the warm waters to spread back eastwards, smothering the cooler waters and leading to a rise in global temperatures.

 

Nations bordering the west Pacific, including Indonesia and Australia, experience hotter and drier conditions. “You tend to get lots of droughts, lots of wildfires,” said Scaife, though China can suffer flooding in the Yangtze basin after big El Nios.

India’s monsoons, and rains in southern Africa can also be suppressed. Other regions, such as east Africa and the southern US, both of which have suffered recent droughts, can get more rain and flooding. In South America, southern regions are wetter, but the Amazon, already approaching a dangerous tipping point, is drier.

“The effects of El Nio could also be felt as far as the northern hemisphere mid-latitudes, with a likelihood of wetter conditions in Spain from summer onwards and drier conditions on the eastern seaboard of the US in the following winter and spring,” said Turner.

 

Palmer said the biggest unanswered question was whether climate change favoured more El Nio or more La Nia events: “That is crucially important for countries looking at long-term adaptation, and will need much higher-resolution climate models. That can only come about with bigger computers.”

Palmer and colleagues have called for the establishment of a $1bn international centre for climate modelling, akin to the Large Hadron Collider that allows international particle physicists to do together what no single nation can do alone.

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