Whenever discussing renewables subsidies on the internet, there is a form of Godwin’s Law that means it is inevitable that someone will come along and say: “Ackshually, fossil fuels are subsidised more than renewables,” or words to that effect, as shown in this example. I have often thought the claim to be bogus, but until now had never dug into the detail to prove the case one way or the other.
No, Fossil Fuels Are Not Being “Subsidised”
No, Fossil Fuels Are Not Being “Subsidised”
05 Nov 2024 Leave a comment
in applied price theory, energy economics, environmental economics, global warming
Electric bin lorry bursts into flames in central London
31 Oct 2024 Leave a comment
in energy economics, environmental economics, global warming Tags: electric cars
By Paul Homewood h/t Philip Bratby Time to stop this madness before somebody dies: An electric bin lorry burst into flames on Monday, forcing roads across London’s West End to close. Specialist crews were deployed to the fire after the £580,000 electric lorry caught alight in the morning. The […]
Electric bin lorry bursts into flames in central London
Reeves to make Bank of England put climate change and growth on equal footing
31 Oct 2024 Leave a comment
in economics of bureaucracy, economics of climate change, energy economics, environmental economics, environmentalism, global warming, macroeconomics, monetary economics, Public Choice Tags: British politics, climate activists, climate alarmism, monetary policy
By Paul Homewood So much for the Bank’s much vaunted independence! Rachel Reeves is planning to make the Bank of England take climate change as seriously as growth, as the Chancellor seeks to use her maiden Budget to overhaul the economy. In a letter to Governor Andrew Bailey on Wednesday, Ms Reeves is […]
Reeves to make Bank of England put climate change and growth on equal footing
Biden-Harris policies and their consequences were no surprise to those paying attention
30 Oct 2024 Leave a comment
in applied price theory, applied welfare economics, budget deficits, business cycles, econometerics, economic growth, economic history, economics of bureaucracy, economics of regulation, energy economics, entrepreneurship, environmental economics, financial economics, fiscal policy, global warming, health economics, income redistribution, industrial organisation, law and economics, macroeconomics, monetary economics, politics - USA, property rights, Public Choice, public economics, rentseeking Tags: 2024 presidential election, drug lags, taxation and entrepreneurship, taxation and investment
Milton Friedman used to advise researchers to focus on large policy changes rather than attempting to separate a small change’s signal from the noise. In this sense, the “ambitious” policy agenda of the Biden-Harris administration was expected to be a gift to the research community. Accepting this gift, since 2020 I have been making forecasts…
Biden-Harris policies and their consequences were no surprise to those paying attention
German Fire Station Razed by EV Fire Truck Fire
29 Oct 2024 Leave a comment
in energy economics, environmental economics, global warming, health and safety, labour economics Tags: electric cars
Commentary from Anthony Watts and Friends: Our second climate news item is from a wonderfully titled media outlet called motor biscuit: Electric truck fire burns down brand new German fire station. The fire station in Stadtallendorf is really new, in fact they opened its bay doors less than one year ago to accommodate 10 fire […]
German Fire Station Razed by EV Fire Truck Fire
Rural and coastal residents delay, block green energy projects
28 Oct 2024 Leave a comment
in economics of bureaucracy, economics of regulation, energy economics, environmental economics, global warming, law and economics, property rights, Public Choice Tags: celebrity technologies, solar power, wind power
Environmentalists insist that they love the “little guys” — until they get in their way, ask inconvenient questions or try to block renewable energy projects intended to save the planet from “human-caused climate cataclysms.”
Rural and coastal residents delay, block green energy projects
California Keeps Driving Up Gas Prices With ‘Layers And Layers’ Of Green Rules And Regs
28 Oct 2024 Leave a comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming, politics - USA Tags: California
“There are two reasons that gas is more expensive in California, and neither of them have to do with price gouging. The first reason, which we’re all very familiar with, is the extra taxes that are added on,” Edward Ring, the director of water and energy policy for the California Policy Center, told the DCNF. “When you take all of the state taxes, fees and programs, you’re going to add another $1.23 to the price of a gallon of gas, and that’s not including the 18 cents a gallon of federal excise tax.”
California Keeps Driving Up Gas Prices With ‘Layers And Layers’ Of Green Rules And Regs
UN report claims nations must close ‘huge emissions gap’ in new climate pledges and deliver immediate action, or 1.5°C is lost
28 Oct 2024 Leave a comment
in development economics, energy economics, environmental economics, global warming, growth miracles Tags: climate alarmism
Does anyone seriously think any of these demands will be met? They’ve all been made before and the CO2 graph continues its steady rise, while assorted predictions of climate mayhem fail to show up. Some nations have swallowed the net zero dogma but many more haven’t, making increasing use of coal, gas and oil to […]
UN report claims nations must close ‘huge emissions gap’ in new climate pledges and deliver immediate action, or 1.5°C is lost
‘Why did our parked electric car burst into flames?’
27 Oct 2024 Leave a comment
in energy economics, environmental economics, global warming, health and safety Tags: electric cars
By Paul Homewood A mother said her family was “lucky to have got out safely” after their parked electric car exploded and engulfed their house in flames. Georgina Bayliss from Spratton, Northamptonshire, said their Mercedes EQA had been parked outside their house for several hours before the explosion. She said her younger son […]
‘Why did our parked electric car burst into flames?’
Chris Martz Asks Climate Fundamentalists Ten Fundamental Questions
27 Oct 2024 Leave a comment
in energy economics, environmental economics, global warming, politics - USA Tags: climate activists, climate alarmism
I guarantee not one person will give me a coherent point-by-point answer.
Chris Martz Asks Climate Fundamentalists Ten Fundamental Questions
Scott Alexander on the Progress Studies conference
25 Oct 2024 Leave a comment
in applied price theory, economic growth, economic history, economics of climate change, economics of regulation, energy economics, entrepreneurship, environmental economics, environmentalism, global warming, liberalism, macroeconomics Tags: creative destruction
Here is one excerpt: Over-regulation was the enemy at many presentations, but this wasn’t a libertarian conference. Everyone agreed that safety, quality, the environment, etc, were important and should be regulated for. They just thought existing regulations were colossally stupid, so much so that they made everything worse including safety, the environment, etc. With enough political will, […]
Scott Alexander on the Progress Studies conference
Net Zero is Losing the Battle of Ideas
23 Oct 2024 1 Comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming Tags: British politics, solar power, wind power
It is encouraging that my intervention drew an enthusiastic round of applause which is testament to the growing scepticism about Net Zero among the general public. It appears to me that cracks are appearing in the cosy green consensus in Westminster and if we get our arguments right, we can win this debate.
Net Zero is Losing the Battle of Ideas
Reflections on United Arab Emirates
23 Oct 2024 Leave a comment
in applied price theory, comparative institutional analysis, constitutional political economy, development economics, economic history, economics of bureaucracy, economics of crime, energy economics, growth miracles, income redistribution, labour economics, labour supply, law and economics, liberalism, libertarianism, property rights, Public Choice Tags: Dubai, economics of immigration
On my way to India, I connected through Abu Dhabi, capital city of the United Arab Emirates (UAE). During my one-day layover, I toured not only Abu Dhabi, but its more famous sister-city, Dubai. Here are my main thoughts.In Dubai, these are not empty words.Per-capita, UAE is the most amazing country I’ve ever seen. With…
Reflections on United Arab Emirates
Google buys world’s first private mini-nuclear reactors
22 Oct 2024 Leave a comment
in energy economics, environmental economics, global warming Tags: atomic energy
By Paul Homewood h/t Ian Magness It’s good enough for Google, but not for Mad Miliband! Google has struck a deal to buy the world’s first private mini-nuclear reactors, as technology companies race to secure power for their data centres. The US search engine giant has ordered a fleet […]
Google buys world’s first private mini-nuclear reactors
‘Gaps And Inconsistencies’: Up To $41 Billion In World Bank Climate Handouts Unaccounted For, New Report Finds
21 Oct 2024 Leave a comment
in development economics, economics of bureaucracy, energy economics, environmental economics, global warming, Public Choice
Up to $41 billion of the funds distributed to climate causes by the World Bank between 2017 and 2023 are unaccounted for due to poor accounting standards, according to an audit from Oxfam International published Thursday.
‘Gaps And Inconsistencies’: Up To $41 Billion In World Bank Climate Handouts Unaccounted For, New Report Finds
Utopia, you are standing in it! 
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