By Paul Homewood Second hand EV prices are going through the floor, as nobody wants to buy them. The Telegraph has the story: Electric vehicles (EVs) are losing more than half their value in the first two years of ownership amid a wave of heavy discounting by carmakers. A typical EV now retains […]
Electric cars halve in value after just two years
Electric cars halve in value after just two years
30 May 2025 Leave a comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming, transport economics Tags: electric cars
Carbon Capture Scam Does Not Even Offset Its Own Emissions
30 May 2025 Leave a comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming Tags: carbon capture
By Paul Homewood h/t Paul Weldon This is a remarkable story coming out of Iceland, and a warning for Net Zero zealots wanting us to go down the same route: Climeworks in Iceland has only captured just over 2,400 carbon units since it began operations in the country in 2021, out of […]
Carbon Capture Scam Does Not Even Offset Its Own Emissions
Liability for Climate Change: An Inequitable Economic Disaster
29 May 2025 Leave a comment
in economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming, law and economics, politics - USA, property rights, Public Choice, rentseeking Tags: climate alarmism, nuisance suits
What is already clear are the serious and senseless economic consequences that will follow if states are allowed to punish fossil fuel companies for their lawful past production.
Liability for Climate Change: An Inequitable Economic Disaster
Spain Boosts Natural Gas Capacity After Renewable Energy’s Failure Led to Historic Blackout
28 May 2025 1 Comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming Tags: solar power, Spain, wind power
Now, in the aftermath of this blackout that could have been much worse, Spain has significantly increased its reliance on natural gas-fired power plants to stabilize its electricity grid. This strategic shift is the direct result of concerns about the grid’s ability to handle high levels of renewable energy, particularly solar and wind, which accounted for a substantial share of generation during the outage.
Spain Boosts Natural Gas Capacity After Renewable Energy’s Failure Led to Historic Blackout
Dutch Cancel Offshore Wind Auction Due To Lack Of Interest
26 May 2025 Leave a comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming, Public Choice, rentseeking Tags: Netherlands, wind power
By Paul Homewood Now the Dutch are having trouble finding anyone willing to build offshore wind farms without massive subsidies, as Reuters report: The Netherlands will postpone tenders for two offshore wind farms with a total capacity of 2 gigawatts (GW) due to a lack of interest from potential bidders, the Dutch government […]
Dutch Cancel Offshore Wind Auction Due To Lack Of Interest
National Grid Boss Admits Electricity Prices Will Rise To Pay For Net Zero
25 May 2025 1 Comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming Tags: British politics, wind power
By Paul Homewood The Telegraph is reporting that the National Grid boss, John Pettigrew, is advising Miliband to reject zonal pricing, because it is a unneeded distraction.
National Grid Boss Admits Electricity Prices Will Rise To Pay For Net Zero
Why “cheaper” wind and solar raise costs. Part I: The fat tail problem
23 May 2025 Leave a comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming Tags: solar power, wind power
by Planning Engineer (Russ Schussler) Wind and solar power are often touted as the cheapest sources of electricity in many regions, capable of delivering low-cost energy for the vast majority of the time. At first glance, this might suggest that an energy mix heavily weighted toward renewables would be the most economical choice. However, this […]
Why “cheaper” wind and solar raise costs. Part I: The fat tail problem
Live at 1 p.m. Eastern: SHOCK CLIMATE REPORT! Urban Heat Islands Responsible for 65% of Global Warming
18 May 2025 Leave a comment
in econometerics, economics of climate change, energy economics, environmental economics, environmentalism, global warming Tags: climate alarmism
A new study from the University of Alabama in Huntsville addresses the question of how much the Urban Heat Island (UHI) effect is responsible for the higher temperatures at weather stations across the world. Dr. Roy Spencer and Dr. John Christy have spent several years developing a novel method that quantifies, for the first time, the average UHI warming effects related to population density. Their finding: no less than 65% of “runaway global warming” is not caused by our emissions of carbon dioxide, but by the urbanization of the world.
Live at 1 p.m. Eastern: SHOCK CLIMATE REPORT! Urban Heat Islands Responsible for 65% of Global Warming
Trump Administration Targets State Climate Laws
17 May 2025 Leave a comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming, law and economics, politics - USA, property rights, Public Choice, rentseeking Tags: climate alarmism, nuisance suits
The Constitution explicitly states that neither the Congress nor any state may pass an “ex post facto Law,” which imposes criminal liability for past actions that weren’t restricted at the time. The Maryland, New York, and Vermont acts all propose to tax companies retroactively for legally producing fossil fuels.
Trump Administration Targets State Climate Laws
Expert Assessment Warns Expansion Of Wind And Solar Energy Jeopardizing French Power Grid Stability
17 May 2025 Leave a comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming Tags: France, solar power, wind power
The French are finding out that combining nuclear power with unstable wind and sun is not a good idea and is a risk to the power grid.
Expert Assessment Warns Expansion Of Wind And Solar Energy Jeopardizing French Power Grid Stability
Spain recently had to learn a similar lesson in a most painful manner.
Is this a gold mine? Iwi might need consulting (for a fee) before your development can be given RMA consents
16 May 2025 Leave a comment
in economics of regulation, energy economics, law and economics, politics - New Zealand, property rights, resource economics, urban economics
Bob Edlin writes – West Coast Regional Councillor Allan Birchfield has whipped up a fuss in his neck of the woods by challenging the Ngāti Waewae representative Francois Tumahai over the iwi’s role in resource consenting. The iwi – it seems – must agree to gold-mining consents in gold-mining country, presumably after appropriate consultation or engagement […]
Is this a gold mine? Iwi might need consulting (for a fee) before your development can be given RMA consents
Britain Could Face Months-Long Blackouts Because of Net Zero
15 May 2025 Leave a comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming Tags: British politics, solar power, wind power
Britain’s rush to Net Zero could leave it vulnerable to months-long blackouts, as reliance on intermittent renewables strains the grid, escalating costs and jeopardising energy security. The Telegraph has more.
Britain Could Face Months-Long Blackouts Because of Net Zero
What Happens When There Is Too Much Solar Power
12 May 2025 Leave a comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming Tags: solar power, wind power
By Paul Homewood https://gridwatch.co.uk/ At midday today, solar power was supplying 11.2 GW out of a total demand of 28.27 GW. (This is after adding back solar, which normally appears as a reduction in demand, because it is embedded generation). Mad Miliband plans to triple the current solar capacity of 16 GW by 2030. […]
What Happens When There Is Too Much Solar Power
Policy whiplash risks eroding NZ’s investment stability
10 May 2025 Leave a comment
in applied price theory, comparative institutional analysis, economics of regulation, energy economics, environmental economics, law and economics, politics - New Zealand, property rights
Roger Partridge writes- Resources Minister Shane Jones recently floated a novel idea: Government-backed insurance for oil and gas investors to protect them against future policy reversals. Let that sink in. A New Zealand minister is contemplating taxpayer-funded insurance to compensate companies against… the decisions of future New Zealand Governments.
Policy whiplash risks eroding NZ’s investment stability
Wind And Solar Power Both Capricious and Costly
10 May 2025 Leave a comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming Tags: celebrity technologies, solar power, wind power
Bill Ponton reminds us that in addition to being fickle, renewables are also costly, in his American Thinker article What are the merits of renewables? Excerpts in italics with my bolds and added images. The Spanish blackout made us all aware of how unstable the grid can get when renewables are in the driver’s seat, […]
Wind And Solar Power Both Capricious and Costly
Utopia, you are standing in it! 
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