“… as a major energy producer, the United States will continue to post relatively solid growth rates … while the … euro area is significantly weaker. …”
Category: Climate Economics
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…
Claim: Large Scale Wealth Redistribution is Required to Tackle Climate Change
“… the share of global wealth held by the poorest … would rise from just 2 percent today to 30 percent, while the proportion held by billionaires would fall …”
Aussie Renewable Turning Point or Imminent Economic Contraction?
Aussie greens are celebrating a reduction in Aussie emissions as a green energy turning point. But other numbers tell a different story.
Climate And Energy Provisions In New York’s FY 2027 Budget: Making The Coming Crash Worse
Here is some related advice from the State of New York: if you should ever find yourself in a car hurtling toward a brick wall at 100 mph, your best…
Cost of Renewables To Hit £40bn in 2030
That is equivalent to about £750 for every household in the country, of which about a third will feed through onto our energy bills.
Energy Quango Costs Balloon Amid Miliband Net Zero Push
A Government spokesman said such quangos were good value for money. “Net Zero is the economic opportunity of the century… We are absolutely focused on ensuring every pound spent of…
Driving Up The Cost Of Energy While Claiming To Promote “Affordability”
The worst part of the RGGI “cap and invest” scheme is that the consumers get absolutely nothing for the increased cost. It is just a gratuitously inflicted injury brought about…
The United Arab Emirates Is Playing Its Own Game
Spurning the illusions of energy “transition,” the UAE pursues addition, diversification, and diplomacy based on reality and geared toward long-term prosperity for all. It is a model the EU would…
Renewables Obligation Subsidies Top £100 Billion
There was never any democratic mandate for any of this. At no stage were the public consulted, never mind given the opportunity to vote on renewable energy policy, Ed Miliband’s…
RGGI Status Update
…it is past time for the states to ask whether this experiment is worth the cost. If politicians really want to lower electricity costs, the easiest step is to drop…
The Case Against Industrial-Scale Solar in the UK
Britain needs an honest national conversation about what its energy future actually requires — one grounded not in what is fashionable or financially convenient, but in the austere realities of…
Feed in Tariff Subsidies Cost £1.8 Billion Last Year
FITs are one of the items not included by the OBR in its table of Environmental Levies, even though they used to be until a few years ago and plainly…
Grid Balancing Costs Set to Rise To £8 Billion By 2030
Nobody in their right mind would have designed such a system. Unfortunately by the time of the next election, most of the damage will be irreversible.
From Tilak’s Substack
The mission, it turns out, is not to save the planet. It is to remake capitalism in the image of the administrative state. And the bill, as always, will be…
Oversupply Of Volatile Solar Energy Leads To Record NEGATIVE Prices!
“The record negative prices are the market’s loudest warning signal that we have an oversupply of unstable generation, but a dramatic lack of flexibility and storage capacity,” Klimanachrichten summarizes.
Co-op City: What It Looks Like When Energy Reality Catches Up To You
We are facing the consequences of having ignorant environmental activists and politicians trying to re-design our energy system. Fortunately, Co-op City comes complete with a large bloc of voters who,…
HSBC: Net Zero Australia “one of the least well placed” to Weather the Iran Oil Shock
“… the Australian economy has also been operating beyond its sustainable capacity …”
Why the UK and EU Keep Doubling Down on Net Zero Dogma in the Face of Spiralling Economic Dysfunction
Freely chosen economic illiteracy, like other ideological afflictions, appears immune to correction by experience. The hangman’s noose may concentrate some minds, but in Westminster and Brussels, the noose is worn…
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…