It goes without saying that spending taxpayer money on non-jobs, that create no added value for the economy, will act as a brake on economic growth in the long run.
Tag: DESNZ
DESNZ Spending Budget To Rise To £12.6 Billion A Year
The already bloated DESNZ has just been handed an astonishing real terms increase of 15.6% in its budget for the next five years in Rachel Reeves’ latest Spending Review:
UK Worse Place in World to Put Solar Power
When everything is taken into account, there is no case for solar power.
Subsidies Galore!
Imagine what society would look like if we stopped subsidising incompetent and expensive forms of energy and their parasitic cheerleaders. Bills would be lower, taxes could be lower and more…
Updated CCGT Costs Confirmed As Much Cheaper Than Renewables
I asked DESNZ to send me their workings for the Levelised Generations Costs published last year. At the time, they put a cost of £114/MWh on CCGT, or £54/MWh excluding…
DESNZ Has Net Zero Competence
We have the blind leading the blind, advised by clueless cronies who do not have the faintest idea about energy, engineering or the commercial world.
Britain must spend £30bn to strip CO2 from atmosphere and hit net zero, experts warn
And as the report admits, they have no idea how or whether this daft idea will actually work. So they also have no idea of its cost – it might…
Another £2 Billion Handed Out To Subsidize Hydrogen
But it’s our money they are spending, not their own, so why worry?
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