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…
Category: Climate Economics
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…
Independent Power Market Analysis Confirms My Concerns About RGGI
That conclusion, reached by professional power market economists using rigorous quantitative simulation, validates the core argument I have been making my work through historical and analytical work. Two independent lines…
There Are No Budget Constraints In New York City: “Coastal Resiliency” Edition
If you are a bureaucrat in New York City, just somehow attach the word “climate” to your budget demand and they’ll give you whatever you ask for. Keep this in…
Too Much Wind and Too Much Sun
We are taking unprecedented risks with our electricity system, because those in charge of energy policy have no conception of how it works.
Piketty’s Eco-Marxist Utopia: Why Degrowth and Global Redistribution Will Trap the Poor in Poverty
The world’s poor deserve better than another utopia designed for them by the globalist intelligentsia. They deserve cheap energy, open markets, secure property rights, and the freedom to industrialise on…
Euronews *Almost* Admits German Economic Problems are Caused by Energy Policy
“… as a major energy producer, the United States will continue to post relatively solid growth rates … while the … euro area is significantly weaker. …”
Implications of the Quarter 2 2026 RGGI Auction
I believe that RGGI now poses unacceptable affordability and reliability risks and needs immediate, fundamental revision. The RGGI states must acknowledge the enormity of the risks and engage regulators, system…