
Part 1 of 2 on a damning new paper that takes on the top-down climate-economics literature — “The empirically inscrutable climate-economy relationship”
The Paper That Breaks Climate Economics
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
22 Apr 2026 Leave a comment
in applied price theory, applied welfare economics, development economics, econometerics, economic history, economics of climate change, economics of natural disasters, energy economics, environmental economics, environmentalism, global warming, growth miracles

Part 1 of 2 on a damning new paper that takes on the top-down climate-economics literature — “The empirically inscrutable climate-economy relationship”
The Paper That Breaks Climate Economics
22 Apr 2026 1 Comment
in economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming, law and economics, politics - USA, property rights Tags: nuisance suits
There are Supreme Court decisions that arrive with fanfare, and then there are those that quietly rearrange the legal landscape in ways that only become obvious after the dust settles. Today’s decision in Chevron USA Inc. v. Plaquemines Parish belongs firmly in the latter category. It is not packaged as a climate case. It does…
Breaking: Major Under-the-Radar SCOTUS Decision on Climate Lawfare
20 Apr 2026 Leave a comment
in defence economics, energy economics, international economics, war and peace Tags: Iran
WSJ: “Iran insiders are rumbling about the looming economic catastrophe if Washington does not grant sanctions relief that would unlock prospects for economic recovery,” said Burcu Ozcelik, senior research fellow with the London-based Royal United Services Institute think tank. “Without the prospect of economic recovery, regime survival beyond the short term will face sustained structural…
The alternatives to agreement determine the terms of agreement: Iran’s alternatives are bad and getting worse.
19 Apr 2026 Leave a comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming, politics - USA

The above video includes a conversation between Bjorn Lomborg and Scott Bessent at the annual IIF gathering (Institute of International Finance). The introduction by IIF CEO Tim Adams starts about 11 minutes in. For those who prefer reading, below is a lightly edited transcript of comments back and forth, along with some added images. TA […]
IMF and World Bank Misled by Climate Obsession (Lomborg, Bessent)
19 Apr 2026 1 Comment
in energy economics, environmentalism, politics - Australia Tags: solar power, wind power
Driving Australia’s current trajectory is the mythical claim that so-called renewables – are inherently cheap and that any short‑term pain will give way to lasting price declines. The post Australia’s ‘Renewable’ Obsession Decimates Industry appeared first on Watts Up With That?.
Australia’s ‘Renewable’ Obsession Decimates Industry
18 Apr 2026 Leave a comment
in economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming Tags: solar power, wind power
A central theme in Ridley’s argument is the failure of renewable energy—particularly wind and solar—to deliver reliable and scalable solutions. He described these sources as inherently intermittent and argued that “the transition to them is simply failing to materialize.” While not dismissing renewable energy outright, he questioned why concern about climate change is often equated…
Matt Ridley thinks the Climate Parrot is almost dead
17 Apr 2026 Leave a comment
in energy economics, environmentalism Tags: British politics, solar power

By Paul Homewood h/t Philip Bratby Some of us have been warning about this for a long while! From the Telegraph: Energy chiefs are drawing up plans to stop the electricity grid being overwhelmed by solar power this summer. The National Energy System Operator (Neso) said it would be forced to use “more tools, more […]
Solar power threatens to overwhelm electricity grid
10 Apr 2026 Leave a comment
in applied price theory, defence economics, economic history, economics of bureaucracy, energy economics, financial economics, history of economic thought, labour economics, macroeconomics, monetary economics, politics - New Zealand, Public Choice, unemployment, war and peace Tags: 1973 oil crisis, monetary policy, oil shocks

I didn’t have too much problem with either the Reserve Bank Governor’s speech a couple of weeks ago on a framework for how monetary policy might deal with the oil shock, or with this week’s OCR review release from the Monetary Policy Committee. It was really all very orthodox stuff, much as any of the […]
Oil and monetary policy
09 Apr 2026 1 Comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming Tags: climate alarmism

Matt Ridley explains the demise of climatism in his recent video The Great Climate Climbdown is finally here – How can we undo the Damage Caused? For those preferring to read, there is a transcript below with my bolds and some helpful images. I’m going to try and give you my perspective on which arguments […]
Why Climate Alarm is Fading (Matt Ridley)
06 Apr 2026 1 Comment
in defence economics, energy economics, international economics, war and peace Tags: Iran
European Net Zero policies appear to have created a total dependency on imported fossil fuel.
Net Zero France Capitulates to an Iranian Safe Passage Fee for Gulf Oil
01 Apr 2026 Leave a comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming Tags: solar power, wind power

The fossil fuel foundation of wind, solar, and batteries
“Renewables” are not Renewable
31 Mar 2026 Leave a comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming Tags: solar power, wind power

If that same capital had been spent on modern nuclear or advanced natural‑gas infrastructure, the outcome would have been transformative.
$2 Trillion Later, The Green Revolution Collapsed: How Chasing Weather Power Bankrupted the Grid and Cost the World $40 Trillion in Growth
31 Mar 2026 Leave a comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming Tags: celebrity technologies, Germany, solar power, wind power
I have long been meaning to address the myth that renewables provide the cheapest electricity. This myth has achieved “everybody knows that” status which means that a rebuttal must have strong supporting arguments. A series of articles at the Science of Doom blog by Steve Carson explains why this myth is not true. He sums…
Renewables Are Cheap Myth
30 Mar 2026 Leave a comment
in economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming, politics - USA Tags: climate alarmism
How this works out now remains to be seen. If the budget bill tactic works, it could happen pretty quickly. Hochul has taken the political high ground of “affordability,” and a lot of Democrat legislators are massing on that rhetorical hill as well. It just might work.
New York retreating on its Climate Act
30 Mar 2026 Leave a comment
in energy economics, environmental economics, environmentalism, politics - New Zealand Tags: renewable energy
Radio NZ reports: A plan to fast-track a controversial West Coast hydro scheme has been given an initial go-ahead. The West Coast lines company, Westpower, has applied to fast-track its controversial plans to build a run-of-river hydro scheme on the Waitaha River, and in its draft decision the fast-track expert panel has given it approval.…
The biggest enemies of renewable energy are … environmentalists
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The truth about the great wind power fraud - we're not here to debate the wind industry, we're here to destroy it.
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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