The addition of the newer, cheaper offshore wind farms has not had a significant impact on the subsidy per MWh. The reduction in average strike price has been overwhelmed by…
Category: Climate Economics
If You Want an Investment Portfolio Full of Dog Stocks Try Filling it With Renewable and Green Punts
Out in the real world where serious money talks, it is becoming obvious that the conclusion has been drawn that many green technologies, unless subsidised by the state, provide profit-free,…
The Math Does Not Support New York’s Climate Plan
If the Comptroller or others in state government wonder why the Climate Action Council never did a financial analysis of the Climate Act that they forced upon the state, with…
Heat Pump Subsidies: Never Enough
DOE and its minions are running out of stuff to regulate under existing energy efficiency statutes within EPCA. A move to carbon efficiency regulation vastly expands their regulatory empire. The…
Why Are Renewable Equipment Companies Such Poor Investments?
This month, the RENIXX stood at 1,013 points, essentially zero value growth over the last 18 years. In comparison, the S&P 500 Index more than quadrupled over the same period.…
Steel Giant May Have to Bail On $500 Million Biden-Harris Admin Green Grant, CEO Says
However, even with the $500 million infusion from the government, the economics of the Middletown conversion still may not make sense for the company, Goncalves told Politico. Cleveland-Cliffs is one…
Brits BRACE for ‘economic CATASTROPHE’ as Labour ‘sacrifices jobs’ for green ‘OBSESSION’
Very succint discussion between John Redwood and Jacob Rees Mogg. Also archived at: https://wattsupwiththat.com/climate_tv/
Stealing the Future with Green Steel
In the climate obsessed’s rush to “decarbonize” heavy industry, hydrogen-based steel manufacturing is being touted as a “clean” alternative to the traditional coal-based process for steelmaking. With seemingly little thought…
California’s trillion dollars floating wind fantasy
The floating wind startup price is almost 12 times the regular price of electricity. Floating wind is a crazy policy, even by California’s crazy standards.
Britain spending record £250m a month on electricity imports
Some 20pc of the grid’s power needs were met through interconnectors with neighbouring countries during the second quarter of this year, according to energy company Drax.
In Germany, The Energy Transition Situation Only Gets Worse
Build more and more wind and solar, increase the subsidies yet again, and drive Germany over the economic cliff. It will continue until the voters finally wake up. I have…
Green German Academic: “old … parts of an economy need to disappear for new parts … to happen”
“Transformation means change. Change means often consolidation. Companies need to shrink in order to be able to invest and develop new technologies,”
Degrowth: The Final Solution
Degrowth is about government authoritarianism overriding the natural human impulse to improve. Marcus Feldthus of the Copenhagen Business School needs to reeducate himself about ends and means to at least…
Do Green Energy Subsidies Work?
With the country deeply in debt, wasting hundreds of billions of dollars on subsidies for green energy, as the Inflation Reduction Act calls for, is an idea whose time is…
Renewables: Are They Really Cheaper?
Anyway, we’ll see if Iowa and its co-enthusiasts for wind power can keep marching forward to the 100% zero-emissions future. I will be the first to congratulate them if they…
Aussie Green Economy Blame Storm Gathers Momentum
Australia’s federal treasurer has criticised the Reserve Bank for raising interest rates, instead of taking responsibility for the green inflation he and his fellow incompetents unleashed.
Newsom Blames Oil Companies for Gas Prices, His Own Energy Czar Disagrees
“How many times have we found gouging and collusion? Anybody?”
Claim: Trump’s Cheap Gasoline Promise would “Crash the Economy”
According to Huff Post journalist S.V. Dáte, the USA needs to keep gasoline prices high to prevent economic ruin.
Tangled Comparisons: Renewables Versus Fossil Fuels
Wind or solar costs around five times more per megawatt hour compared to, for example, natural gas.
U.S. Offshore Wind: The Struggle Continues
Today, operational offshore wind capacity is less than 50 megawatts versus the Biden-Harris Administration goal of 30,000 MW by 2030.
Net Zero Watch warns of years of rising electricity bills
Floating offshore wind is probably the most expensive form of electricity ever deployed on a commercial basis in the UK, and all the signs are that it will remain so.
NSW is Keeping Eraring Coal Plant Open to Prevent Electricity Price Shocks
But the financial model which demonstrates coal is cheaper is a state secret.
Go-ahead for £4.3 billion subsea connection project
Another 4 billion down the drain. Still it’s only money, eh!
“Green” Hydrogen Subsidies Are 1,900x Larger Than What’s Given To Nuclear
…the hydrogen economy requires scads of electricity (a high quality form of energy) to make a tiny molecule that’s hard to handle, difficult to store, and expensive to use.
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