Prior to the auction I said I would not be surprised it the price exceeded $35 a ton. I noted that if it did it would be real-time confirmation that…
Category: Climate Economics
The Progress(ives) War on Reliable and Affordable Electricity
Progress and Progress(ive)…. two words with somewhat similar spelling but with entirely different meanings. I asked Grok to help identify the distinctions. Progress… a forward movement, advancement, or improvement over…
Taxpayer Subsidies for Chinese Batteries? Just Say No!
“American taxpayers should not finance the expansion of Chinese-controlled battery companies inside the United States.”
Reality Check for PA’s Failed Green-Energy Mandates
Each month, Pennsylvania’s 6 million electricity customers—all facing rising bills—are charged for services of questionable value without knowing how much they are paying and, for most, that the charge even exists.
RGGI Update and the Auction Clearing Price Question
the mechanism they cite as evidence that consumer costs will be manageable — can no longer do the job they were designed to do.
Federal Oil and Gas Well Bonding: Undoing Biden
Imposing high bonding requirements across the board does little to protect taxpayers or the environment and ties up capital in unproductive ways. In fact, as some states have ratcheted up…
Bombshell Report Claims Miliband’s Clean Power Plan Will Cost £320 Billion
I find it astonishing that anybody is even thinking of wasting £320 billion, in order to reduce UK emissions by less than 4%.
Protecting Rate Payers or Throwing Them to the Wind?
Hopefully this analysis has revealed some of the reasons for rising utility rates when incorporating renewables into the electrical grid despite the renewables having no fuel costs. It also shows…
British Gas Boss Warns UK Faces Winter Fuel Shortage Due to Reliance on Imports
The boss of British Gas’s owner has warned the UK faces fuel shortages this winter as stockpiles fall to just 30% owing to an over-reliance on imports. The Telegraph has more.
Don’t Blame Gas Prices, Miatta!
If Miatta wants lower prices, she needs to get her own house in order, instead of blaming fossil fuels.
New Report Says Miliband’s Clean Power Plan Will Cost £320 Billion
The indisputable facts they have put forward must be the strongest argument yet about abandoning Ed Miliband’s mad dash to decarbonise the electricity system.
The Climate Policy Trap: Why Failure So Often Leads to More of the Same
Group identity, social status, and a credential-dominated policy establishment make the climate narrative increasingly immune to disappointing results, argues Evert Doornhof of Clintel. The result is a climate policy trap…
The Green Climate Fund Ran Short of Other People’s Money
The UN’s climate funds spent a July dialogue asking for more money. The best thing America did was stop sending it.
Central Banks Double Down on Climate Regulation Despite Collapse of Green Finance
The ECB’s latest manoeuvre, and Elderson’s accompanying rhetoric, amount to a rear-guard action by a green priesthood that senses the ground shifting but cannot bring itself to abandon the faith.…
North Sea Shutdown to Cost Treasury Billions
The Treasury faces a £13 billion hit from Labour’s ‘green’ North Sea shutdown, BP’s former finance chief has warned. The Telegraph has the story.
Climate Alarm and “Green” Energy: Protest from San Antonio
I wish the negative nellies in our media, our schools and our politicians would listen to what the real scientists are finally admitting. This is not the end of the…
ESG AND THE FINANCIAL RISK: The Black Nuclear Cloud Hanging Over The World Economy
Countries and standard-setters are addressing the impossibility of verifying emissions by treating emissions data as legal assumptions.
EU’s Pretense of ‘Transition’ Leadership Is an Economic Loser
The great majority of mankind aspires to more prosperity, which requires abundant and cheap energy – what the EU employed before adopting ecological dogma. The clash between climate ambitions and…
Cheap Renewables? Reuters Recycles the Myth
“Wind and solar developers naturally want the public to equate nameplate megawatts with reliable supply, subsidized bids with total costs, and rapid deployment with technical necessity. They are selling projects.…
CfD Subsidies Cost £492 Million in Q2, Despite Iran War
Note that the recently awarded AR7 contracts for offshore are currently priced at £97.05/MWh, so will still require subsidies when operational in five years or so time, based on existing…