The Subsidy Clock

From NOT A LOT OF PEOPLE KNOW THAT

By Paul Homewood

 This is a wonderful new tool from Richard Lyon, author of The Energy Trap which will be published in September.

https://subsidyclock.co.uk

The new tool is chock full of drill-down data, sources and methodology. It is also continuously updated.

The climate data they don't want you to find — free, to your inbox.
Join readers who get 5–8 new articles daily — no algorithms, no shadow bans.
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49 Comments
Bill Toland
June 23, 2026 2:26 am

I remember when climate alarmists said that renewable energy would save Britain billions. Then they admitted that renewable energy would cost millions, then billions, then tens of billions and now hundreds of billions. I expect the final bill to be in the trillions at which point Britain will be bankrupt.

Reply to  Bill Toland
June 23, 2026 2:32 am

It is already bankrupt regarding Common Sense and Leadership.

Reply to  Oldseadog
June 23, 2026 3:42 am

The INDIRECT COSTS ARE 220 BILLION British pounds.

They are larger than the subsidies

They cover costs from windmill to landfill, grid extension/reinforcement, inefficiently operating other power plants to cover DUNKELFLAUTE,, curtailment payments, dismantling, storing in hazardous waste sites.

No wonder, Germany, and the UK, and Spain are going bankrupt and have become uncompetitive.

DRILL BABY DRILL
FRACK FOR GAS ASAP

Reply to  wilpost
June 23, 2026 5:04 am

The INDIRECT COSTS ARE 220 BILLION British pounds.

They are larger than the subsidies

No, the indirect costs are estimated to be £95B bringing the total to £220B
The estimates are explicitly listed as

Climate Change Levy £30.0bn
Grid upgrades for renewables (TNUoS) £29.4bn
Balancing the grid (BSUoS) £14.7bn
Emissions trading £12.3bn
Capacity Market £9.5bn

Reply to  TimTheToolMan
June 23, 2026 5:30 am

Quite a few line items were left out, meaning the 95 BILLION British pounds is grossly underestimated.

Also the time period is not given, and future costs are also not given.

Plus to double the wind and solar MW existing now, the costs per MW installed will increase exponentially, due to increased complexity and redundancy.

Operating and maintaining such a Rube Goldberg system will put you in the poor house, as Germany, Spain and UK have found out.

Reply to  wilpost
June 23, 2026 5:47 am

It also only tells us the cost per MWh — but not the one from an alternative system they would want. The 45.03 / MWh seem tame compared to

…the operator receives a guaranteed strike price of £92.50 per MWh in 2012 prices, indexed to inflation, for 35 years

https://www.theenergytribune.com/energy-power/2026/02/20/252626

From the site:

or 4 Hinkley Point C-scale nuclear stations

In their fairy tale land the UK is actually able to build a new reactor without investors running away and assurances from the government that make your head spin.
Amazing

A year of this pays the salaries of 315,000NHS nurses, in today’s money

I thought they swim in money after brexit? /s

Reply to  wilpost
June 23, 2026 6:00 am

Just to clarify, as the annual percentage of ruinables electricity increases on the grid , one needs to install more and more MW of capacity for each MW of demand, due to complexity and redundancy.

Mr.
Reply to  wilpost
June 23, 2026 8:32 am

In one way, Australia and Canada are fortunate in that they won’t run out of available land to infest with windmills and sunshine catchers (dream catchers?).

But the UK and other small area – large populations countries aren’t so blessed.

Reply to  Mr.
June 23, 2026 11:55 am

A false blessing

Andrew St John
Reply to  Bill Toland
June 23, 2026 6:16 am

This is so sad. And I am thinking that the UK is getting more and more like Cuba. Crumbling infrastructure, no borders, and a useless Defence force. A ruling class utterly unable to see reality. Cuba is now desperately hoping that Chinese solar power might provide a small relief for their appalling situation. Solar panels that provide diffuse, intermittent power that has to be stored. And yet the UK spends money that it doesn’t have on renewables they don’t need. In Cuba, the best and brightest have left – is this happening with the UK?

Neil Pryke
June 23, 2026 2:43 am

We in Britain have been the playthings (think cat torturing mouse) of the socialists for so long…

Tax everyone to within an inch of insolvency…subsidise everything with public money behind it…and shut your ears to the howls of anguish…

MarkW
Reply to  Neil Pryke
June 23, 2026 8:28 am

According to the left, death and destruction is just a small price for other people to pay. Once their socialist paradise is finally built, nobody will remember these small inconveniences.

cartoss
June 23, 2026 2:51 am

The ruinables subsidy is in effect a transfer of UK taxpayers and billpayers money to the Chinese Communist Party. Because, you know, they really need it.

cartoss
Reply to  cartoss
June 23, 2026 2:52 am

Just think how many biolabs they could build!

strativarius
Reply to  cartoss
June 23, 2026 5:37 am

You need deals for that. Take Wuhan

Lab Buildings – France
Scientific Training – CSIRO Australia
Contracts – Dr Fauci and friends.

Leak – sloppy biosecurity.

Reply to  strativarius
June 23, 2026 1:30 pm

I gather the original deal was that France would help run the place. But as soon as it was built, the Chinese dumped the deal and kicked the French out.

Reply to  cartoss
June 23, 2026 6:10 am

Or how many rockets the impoverished UK could send to corrupt, NAZI-adoring Ukraine to further damage Russia, and further extinguish the Ukraine people in the process.

That population was 52 million in 1990, a year before independence, and now, in 2026, it is at most 25 million still under Kiev control, of which 10.5 million are retired on pension, whose children and grandchildren went abroad. The death rate is high, the birth rate is near zero.

Ukraine stretches from Boston to Chicago, about 1371 km. Not many people in such a large country.

BrokenGlassHearts
Reply to  wilpost
June 23, 2026 9:11 am

Russia can go home any time it wants if they don’t like it. And you can join them, because somehow, I get the impression you don’t care one bit about Ukraine or its population.

Reply to  BrokenGlassHearts
June 23, 2026 12:01 pm

Ukraine became an independent country in 1991.
Prior to that all that land had been part of the Russian Empire and the USSR for as much as 300 to 400 years.

Reply to  BrokenGlassHearts
June 23, 2026 12:05 pm

How much do Germany, France and UK care about Ukrainians by giving them weapons so they can have losses of 1250 to 1450 per day (killed, seriously wounded, MIA)?

Leon de Boer
Reply to  wilpost
June 23, 2026 6:14 pm

Think you are quoting the Russian loses, Ukraine loses are nothing like that because they have evolved to drone warfare. If the loses were at your claim Ukraine would have run out of soldiers by now.

As you note Ukraine became an independent country in 1991, the history before that doesn’t matter it was a legal process decided by the people of Ukraine. They are clearly willing to fight for that legal right and are not asking for troops from us, so provide them arms.

All you are really upset about is they are kicking Russia in the ass and at the end of the day it’s a matter for the Ukraine people not me.

I will say the images of burning oil tanks around Moscow was a little unexpected but Ukraine drones have come a long way.

Reply to  Leon de Boer
June 24, 2026 4:12 am

Europe ships the bigger drones in boxes. They are assembled and launched in Ukraine, with targeting and satellite routing coordinates provided by NATO

Leon de Boer
Reply to  wilpost
June 24, 2026 9:58 am

LOL sure …. None of that changes the fact it’s not ending well for Russia.

strativarius
June 23, 2026 3:24 am

Currently all bets are up in the air; this clock is going to spin and spin unhindered.

Labour is far from united. Al Carns could be Brutus, he is against persecuting our veterans as Starmer etc want to do.

At least the media can wet its knickers about some decent weather…

strativarius
June 23, 2026 3:31 am

Story tip – killing the garden trade

The boss of Britain’s biggest garden centre chain has warned that Ed Miliband’s rush to hit net zero risks saddling it with millions of pounds in extra costs…
https://www.telegraph.co.uk/business/2026/06/23/milibands-net-zero-zealotry-cost-millions-garden-centre/

1saveenergy
Reply to  strativarius
June 23, 2026 3:57 am

Behind a Paywall

1saveenergy
Reply to  strativarius
June 23, 2026 2:47 pm

Thanks Strat’

Reply to  strativarius
June 23, 2026 2:14 pm

Starmer told the Media to cover up, told police not to investigate and arrest the cases related to the beastly and immoral behavior of some of the millions of degenerate Muslims, the dregs from Third world countries, that were encouraged to illegally enter Britain. The “immoral relaxed” attitude of authorities enabled those degenerates to continue to carry out the sexual atrocities related to the tens of thousands of gang rapes of many young women and school-age girls in Britain. All of the media refuse to report on these heinous crimes, because they were told not to. How low can leaders go?

0perator
June 23, 2026 5:50 am

At some point in time you run out of other people’s money.

MarkW
Reply to  0perator
June 23, 2026 8:31 am

Which means it’s time to get rid of your current “other people” and import new ones.

Victor
June 23, 2026 5:55 am

It is the politicians who are paying the energy subsidies, it doesn’t affect the citizens.

strativarius
Reply to  Victor
June 23, 2026 6:03 am

Are you alright, Victor?

It is the politicians who are paying the energy subsidies, it doesn’t affect the citizens.

The evidence is overwhelming that you are not well…

Leon de Boer
Reply to  strativarius
June 23, 2026 6:17 am

Apparently UK is a tax free haven according to victor .. who knew.

With that name he sounds like a Russian bot and good old Vlad is a bit upset with UK and it’s missile program with Ukraine 🙂

Victor
Reply to  strativarius
June 23, 2026 6:52 am

As a citizen, I would never accept paying politicians’ energy subsidies. The politicians themselves should be responsible for that and pay for it.
Do you mean that you stand up and pay for politicians’ energy subsidies?

Leon de Boer
Reply to  Victor
June 23, 2026 7:19 am

We are not communist countries everyone pays for the subsidies via there taxes. Communism/Socialism all the money goes to the state and then they decide how much to give the citizens.

Either way you are paying for the politicians subsidies, just the order of who gets the money first differs.

The difference really is in a Western Economy we get to see how much money we are paying to the politicians. No-one would have a clue how much money Putin or Xi are putting in there pockets. Western politicians may line there pockets in other dubious ways but that is a whole other story.

Vladimir Putin’s exact net worth is unknown, but investigators estimate his wealth ranges anywhere from $100 billion to $200 billion. All that money is being ripped off from the Russia economy and people.

Victor
Reply to  Leon de Boer
June 23, 2026 8:02 am

No income no taxes. No expenses no taxes.
China’s youth: Let it rot. It’s not worth the sacrifice.
https://www.business-standard.com/world-news/china-youth-unemployment-bai-lan-tang-ping-economic-shift-xi-jinping-125030500829_1.html

0perator
Reply to  Victor
June 23, 2026 9:54 am

Ok nihilist

Victor
Reply to  0perator
June 23, 2026 10:40 am

There is no point in fighting for the insignificant.
Insignificant people do insignificant things.
Significant people do significant things.
Insignificant leaders decide on insignificant things.
Significant leaders decide on significant things.
Do you support and fight for insignificant or significant leaders?
People who know the meaning of life know the difference between the insignificant and the significant.
Who sits and watches people doing insignificant things and thinks it is significant?

Reply to  Leon de Boer
June 23, 2026 12:07 pm

Do you have any proof?

Victor
Reply to  wilpost
June 23, 2026 12:50 pm

I have put wheels on the underpins under my house.
Instead of a permanent residence, my house is considered mobile and I avoid house tax.

Leon de Boer
Reply to  Victor
June 23, 2026 6:17 pm

Something strange to your country most of us are likely scratching our heads “house tax” what the hell is that. A lot of countries have “income tax” which has nothing to do with your house just how much you earn.

Victor
Reply to  Leon de Boer
June 24, 2026 12:59 pm

Most countries have some form of tax on property ownership. Ownership rights are being eroded more and more. Freedom is being stifled and the oppression of citizens is increasing.

Most countries worldwide have some form of annual property tax (often called a house or real estate tax) levied on the ownership or value of a property. Rates, calculation methods, and exemptions vary widely depending on the country, and there are a few exceptions that do not charge this tax.

Countries with Property Tax

Virtually all developed nations and the majority of developing countries levy an annual tax on real estate.

Common examples include:

The Americas:

United States (typically 1–2.5%), Canada, Chile, and Mexico.

European:

Sweden, France, Germany, United Kingdom, and Spain. In Europe, property taxes make up a substantial share of total taxation and GDP, particularly in France, the UK, and Belgium.

Asia & Oceania:

Japan, Australia, China, and India.

Countries with No or Minimal Property Tax

Some nations have no percentage-based property tax or maintain rates so low (e.g., under 0.5%) that they are practically negligible. These countries typically fund their governments through other means, such as corporate taxes, oil revenues, or tourism:

Zero Percentage Property Tax:

Countries such as the United Arab Emirates, Bahrain, Oman, Malta, Mauritius, and the Cayman Islands.

Fixed or Minimal Fees:

Some countries do not charge a value-based tax, but instead charge very small fixed square-footage fees or fractional-percentage rates, such as Greece or Thailand.

The Global Debate

There is ongoing discussion regarding whether true home ownership exists anywhere in the world, as governments universally retain the right to collect taxes or impose regulations on all properties.

Leon de Boer
Reply to  wilpost
June 23, 2026 6:16 pm

You do get I am not Russian and it doesn’t matter to me 🙂

Ronald Stein
June 23, 2026 7:47 am

Subsidies for the Energy Transition
The “Energy Transition” is only an “Electricity Transition”.
 
To start with, there is no such thing as “renewable” energy, as it violates the First Law of Thermodynamics. Electricity from wind turbines and solar panels are 100% dependent on favorable weather conditions offered by free wind and sunshine.
 
Wind turbines and solar panels ONLY generate electricity but CANNOT make any products or transportation fuels for life as we know it.
 
Crude oil by itself is useless black tar, unless you build a multi-billion-dollar refinery to break it down to produce various types of transportation fuels like, jet fuel for planes, diesel fuel for trucks, gasoline fuel for cars, and bunker fuel for ships, and the oil derivatives manufactured from crude oil  that are the basis of more than 6,000 products in our materialistic world.
 
Wind turbines and solar panels ONLY generate electricity but CANNOT make any products or transportation fuels for planes, trucks, cars, or ships.

ferdberple
June 23, 2026 9:47 am

It costs 100 million times more to stop climate change than live with it. No country on earth has stopped climate change regardless of money spent. So having failed, they will spend more.

ferdberple
June 23, 2026 9:53 am

For the billions of euros the EU spent to prevent climate change, why is Europe suffering under a heat dome?

Sparta Nova 4
June 23, 2026 9:58 am

May I get my 10%?

June 23, 2026 11:35 am

Jeez, that’s almost as much money as they’ve given to Ukraine.