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…
Category: Climate Economics
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…
Honda Is Paying the Price for Falling for Biden-Era Climate Policies. Let’s Spare Others the Same Fate.
That’s why it’s crucial to bring stability to the political landscape – stability that can only be effective when all energy resources are allowed to be part of the mix,…
RGGI Cheerleaders and the Consumer Carbon Cash Grab
As things stand, RGGI at $35 per ton looks more like a stressed carbon tax with uncertain climate benefits than a stable source of “climate cash.” Higher allowance prices should…
Electricity Affordability: States Need to Ditch Climate Policies
But before blue-state politicians blame everything from the rollback of federal wind and solar subsidies to new data center development, they should take a hard look in the mirror.
Conflicts of Interest Beset Delaware Energy Tax Plan
Delaware was once an economic dynamo that attracted corporations with tax incentives. But it now ranks 46th in GDP growth nationally. Pulling out of RGGI would begin the process of…
The “Green” Shell Game: Why Virginia’s Return to RGGI Is a Bad Deal for Families
The math is simple, and it is cruel: RGGI is an anchor on the household budget. It is time we stopped subsidizing this experiment and demanded a return to energy…
Renewable Energy Will Impoverish Humanity
A wholly or predominantly wind and solar fuelled economy will not be able to sustain those corrective technologies and at the same time provide a generous margin for other uses.…
RGGI Investment Proceeds Report Implications
Claims that RGGI is a successful emission reduction program are inconsistent with the following observations. The amount raised falls far short of the funds necessary to reduce RGGI emissions in…
No Wind? No Sun? What Could Possibly Go Wrong?
You guessed it! Coal and gas! It’s wonderful, all of this “renewable” electricity!
Claim: Weakening Net Zero Policy Would Harm the UK Economy
Climate Change Committee chair Nigel Topping says U-turns damage investor confidence and disrupt businesses.
The Subsidy Clock
The new tool is chock full of drill-down data, sources and methodology. It is also continuously updated.
Yet Another Climate Activist Masquerading as an Economist
She dismisses the counterarguments — that Net Zero is unaffordable, that the UK cannot act alone, that transition costs will raise the cost of living — as “bad arguments” and…