Celebrating humanity's flourishing through the spread of capitalism and the rule of law
06 Dec 2024 Leave a comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming, politics - Australia Tags: solar power, wind power
by Planning Engineer (Russ Schussler) In October of 2025, the isolated small city of Broken Hill in New South Wales, Australia with a 36 MW load (including the large nearby mines) could not be reliably served by 200 MW of wind, a 53 MW solar array, significant residential solar, and a large 50 MW battery […]
Wind and Solar Can’t Support the Grid
06 Dec 2024 Leave a comment
in economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming, law and economics, property rights Tags: lawfare
DW reports on hearings underway at ICJ International Court of Justice in the Hague. Overview of the proceedings in italics with my bolds. Vanuatu urges ICJ to recognise climate change harms The outcome of the landmark case could lead to the establishment of legal framework for holding countries accountable in the fight against climate change. […]
Climate Lawfare Goes International
05 Dec 2024 1 Comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming Tags: British politics, wind power
By Paul Homewood h/t Paul Kolk British bill payers have spent an “absurd” £1bn to temporarily switch off wind turbines so far this year as the grid struggles to cope with their power. The amount of wind power “curtailed” in the first 11 months of 2024 stood at about 6.6 terawatt hours (TWh), […]
Cost of switching off UK wind farms soars to ‘absurd’ £1bn
05 Dec 2024 Leave a comment
in economics of climate change, energy economics, entrepreneurship, environmental economics, environmentalism, global warming, Public Choice, rentseeking Tags: solar power
05 Dec 2024 Leave a comment
in applied price theory, econometerics, economics of climate change, energy economics, environmental economics, environmentalism, global warming, law and economics, politics - USA, property rights, Public Choice, rentseeking, resource economics Tags: peak oil
It is now plausible to envision scenarios in which global demand for crude oil falls to essentially zero by the end of this century, driven by improvements in clean energy technologies, adoption of stringent climate policies, or both. This paper asks what such a demand decline, when anticipated, might mean for global oil supply. One […]
The end of oil?
04 Dec 2024 Leave a comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming Tags: British politics, celebrity technologies, solar power, wind power
By Paul Homewood . As we are well aware, the UK has some of the highest electricity prices in the world. It is commonly claimed that the rapid price rise in recent years has been driven by the soaring price of natural gas. In fact, this is only a small part of the story. I […]
Why Are UK Electricity Prices So High?
04 Dec 2024 Leave a comment
in applied price theory, comparative institutional analysis, constitutional political economy, discrimination, economic history, economics of climate change, economics of information, economics of media and culture, economics of regulation, energy economics, entrepreneurship, environmental economics, environmentalism, financial economics, gender, global warming, health economics, human capital, income redistribution, labour economics, labour supply, law and economics, liberalism, libertarianism, Marxist economics, occupational choice, politics - USA, poverty and inequality, property rights, Public Choice, rentseeking Tags: Age of Enlightenment, crime and punishment, criminal deterrence, free speech, gender wage gap, law and order, political correctness, racial discrimination, regressive left, sex discrimination
Michael Huemer’s Progressive Myths is the best book on wokeness. One of its many strengths is its focus on basic facts. As the author explains:I have selected beliefs that can be debunked fairly quickly and forcefully. Many other progressive beliefs require long argumentation and subjective judgment calls to assess. About these more difficult issues, I…
The Missing Myths
02 Dec 2024 Leave a comment
in applied price theory, comparative institutional analysis, energy economics, entrepreneurship, environmental economics, financial economics, global warming, income redistribution, industrial organisation, politics - New Zealand, Public Choice, rentseeking, survivor principle Tags: climate alarmism
The Herald reported: The Government has $115 million at risk from the collapse of SolarZero. Finance Minister Nicola Willis said she was seeking urgent advice on the SolarZero situation. She had no further comment. NZ Green Investment Finance – a “green investment bank” created by the previous Government to fund environmentally-friendly businesses – made a $145m…
Another corporate welfare failure
02 Dec 2024 Leave a comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming, transport economics, urban economics Tags: British politics
The shamble at COP demonstrates that the world is moving away from the idea that hydrocarbons can be removed from a modern economy. But an accident of recent electoral politics has left Britain with a fanatical Government of Net Zero zealots. The anti-working class Labour party was returned to power with a popular vote count less than its losing Marxist leader obtained in 2019. The U.K. FIRES work demonstrates what lies in store. A resurgent America bounding ahead on cheap energy and unleashed entrepreneurial spirits will contrast with its European allies shutting down industrial manufacturing in pursuit of an increasing unpopular state-mandated doomsday cult.
Time for Starmer to Be Honest About What Net Zero Means: Rationing, Blackouts and Travel Restrictions in the Next Five Years
29 Nov 2024 Leave a comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming Tags: climate activists
“… I have been low-key surviving off lunch and dinner date invites from my male global north friends who can afford it here. …”
Did COP29 Delegates Trade Intimate Dinner Dates for Food?
29 Nov 2024 1 Comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming Tags: British politics, climate alarmism
By Paul Homewood Definitely worth a read: Earlier this week the Labour backbencher and Chairman of the U.K. Parliament’s Energy Committee Bill Esterson noted that people will have to adjust their habits to meet Net Zero emission goals for 2030. Such honesty, emerging as it does from the Parliament of Net Zero nodding […]
Time for Starmer to Be Honest About What Net Zero Means: Rationing, Blackouts and Travel Restrictions in the Next Five Years
29 Nov 2024 Leave a comment
in economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming Tags: electric cars
By Paul Homewood Not a happy chappy! Recently, a family illness was a force majeure and the Civic was being serviced so the Ford was the only transport. Unfortunately, no amount of planning could avoid bank-holiday travel and the armada of electric vehicles needing to charge. It looked as though Gridserve hadn’t done […]
High mileage electric car usage is working out almost twice as expensive as petrol
28 Nov 2024 Leave a comment
in energy economics, environmental economics, global warming Tags: British politics, electric cars
By Paul Homewood h/t Hugh Sharman Weak demand for EVs and mandatory sales quotas will cost Britain’s automotive industry £6bn in 2024, according to new analysis from the Society of Motor Manufacturers and Traders (SMMT). Consequently, the UK’s automotive industry is calling for government intervention to safeguard the sector and Britain’s […]
EV targets set to cost UK auto makers billions
28 Nov 2024 1 Comment
in development economics, energy economics, environmental economics, global warming Tags: climate activists, climate alarmism
Guest essay by By David Wojick In Cop 29’s “Finance agreement” diplomacy is truly the art of agreeing to nothing. There is no agreement of substance here because there is no substance to this agreement. Each side gets its number someday and that is all there is to it. Let’s look at the actual text […]
COP 29 diplomacy delivers perfectly vague promises a decade away
27 Nov 2024 1 Comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming, transport economics Tags: British politics, electric cars
Stellantis have been warning for months that this would happen, saying that they were not prepared to sell petrol/diesel vehicles at a loss, because of ZEV fines.
ZEV Mandates Force Closure Of Vauxhall’s Luton Plant
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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