Australia’s Carbon Tax – One Year On

Is it responsible for reduced CO2 emissions in the electricity sector? Guest essay by Phil Hutchings The Australian carbon tax of A$23/t of CO2 became effective one year ago on 1 July 2012. And with an automatic increase after the first 12 months, it is now set at $24.15/t. Last week, the Australian Government’s Department…

About these ads

The UK Climate Change Act & Its Implications For Energy Supply

By Paul Homewood I have previously looked at the potential costs of the Climate Change Act, for instance here. But now I want to look at its potential impact on energy supply. Let’s start with the basic targets that have been set for emissions reduction. The Act commits to reducing greenhouse gas emissions by 80%…

DOE Green Energy Loans: $11.45 million per job and a rounding error’s worth of averted carbon emissions.

Guest Post by David Middleton The cost of each taxpayer-financed green energy job created since 2009: $26.32 billion divided by 2,298 jobs = $11.45 million per job… Green energy jobs and DOE loans are tallied under programs 1703 and 1705 on this list. Permanent jobs created: 2,298 Taxpayer financed loan guarantees: $26.33 billion

Moronomics

Guest Post by Willis Eschenbach Reading my Sunday paper today, I find the following: Customers Can Sell Back Solar Power. The Los Angeles District of Water and Power will allow customers to sell back excess solar energy created on their own equipment. Described as the largest urban rooftop solar program of its kind in the…

How Green Was My Bankruptcy?

Guest Post by David Middleton My apologies to the memories of the late Richard Llewellyn and late John Ford; but I just had to borrow their title for this post. This paragraph from a 2010 Telegraph article really says it all… Its 500,000 photovoltaic panels will generate 30 megawatts of electricity, enough, in the popular…

Earth Hour – Is it worth the effort?

Guest post by Russ Rodrigues On Saturday, March 31st at 8.30pm (local time) WWF is inviting you and everyone around the world to celebrate Earth Hour 2012 by turning off non-essential lights for sixty minutes to “protect the planet”. Now, I’m all for saving electricity and lowering my utility bills, though I can’t help but…