The international success of Big Wind
24 Mar 2015 Leave a comment
in environmental economics, global warming, rentseeking Tags: Big Wind, climate alarmism, global warning, green rent seeking, renewable resources, wind power
It is not smart to subsidise electric cars
23 Mar 2015 Leave a comment
in energy economics, environmental economics, environmentalism, global warming, transport economics Tags: carbon credits, carbon trading, electic cars
On burden of proof
20 Mar 2015 Leave a comment
in environmental economics, environmentalism, global warming, liberalism, rentseeking Tags: climate alarmism, conjecture and refutation, green rent seeking, philosophy of science, precautionary principle
Global temperatures since 2500 BC
20 Mar 2015 2 Comments
in environmental economics, global warming Tags: climate alarmism, global cooling, global warming
Why masterly inactivity will be the American response to global warming
20 Mar 2015 1 Comment
in energy economics, environmental economics, environmentalism, global warming, Public Choice Tags: climate alarmism, global warming, green rent seeking, opinion polls, voting
Who will be the real victims of global warming (and what can they do about it)
19 Mar 2015 2 Comments
in development economics, environmental economics, global warming, growth disasters, growth miracles Tags: climate alarmists, global warming, richer is safer, Tom Schelling, wealthier is healthier
Tom Schelling argues that the best way for underdeveloped countries to defend against the adverse effects of climate change is to develop as rapidly as they can.
The carbon footprint of the round the world solar flight should include its support planes
18 Mar 2015 Leave a comment
in environmental economics, global warming, technological progress, transport economics Tags: carbon footprint, climate alarmism, expressive voting, global warming, solar flight, solar power
Now this is the climate change that is scary, really scary
18 Mar 2015 Leave a comment
in environmental economics, global warming Tags: global cooling, global warming, Little ice age, next ice age
Is fighting global warming a good investment?
17 Mar 2015 Leave a comment
in environmental economics, global warming Tags: climate alarmism, cost benefit analysis, global warming
Further evidence from the legacy media that climate alarmism is on the way out?
16 Mar 2015 Leave a comment
in economics of information, economics of media and culture, environmental economics, global warming Tags: climate alarmism, expressive voting, global warming, rational ignorance, rational irrationality
What did the IPCC say on global warming and hurricanes in the Pacific?
16 Mar 2015 2 Comments
in environmental economics, global warming Tags: climate alarmists, green rentseeking, hurricanes
RT if you think this summarises the Anti-Science Left
15 Mar 2015 Leave a comment
in economics of information, economics of media and culture, economics of regulation, environmental economics, global warming, health economics, politics - Australia, politics - New Zealand, politics - USA Tags: Anti-Science left, conjecture and refutation, expressive voting, Green Left, progressive left, rational ignorance, rational irrationality
Many more birds to be incinerated as solar energy becomes cost competitive; climate alarmists face mass layoffs
13 Mar 2015 Leave a comment
in energy economics, environmental economics, global warming Tags: climate alarmism, creative destruction, global warming, killer green technologies, solar power
Unsubsidized rooftop solar electricity costs anywhere between $0.13 and $0.23/kWh today, well below retail price of electricity in many markets globally.
The economics of solar have improved significantly due to the reduction in solar panel costs, financing costs and balance of system costs. We expect solar system costs to decrease 5-15% annually over the next 3+ years which could result in grid parity within ~50% of the target markets.
If global electricity prices were to increase at 3% per year and cost reduction occurred at 5-15% CAGR, solar would achieve grid parity in an additional ~30% of target markets globally. We believe the cumulative incremental total available market for solar is currently around ~140GW/year and could potentially increase to ~260GW/year over the next 5 years as solar achieves grid parity in more markets globally and electric capacity needs increase…
solar system costs have declined at ~15% CAGR over the past 8 years and we expect 40% cost reduction over the next 4-5 years as a solar module costs continue to decline, panel efficiencies gradually improve, balance of system costs decline due to scale and competition, global financing costs decline due to development of new business models and customer acquisition costs decline as a result of increasing customer awareness and more seamless technology adoption enabled by storage solutions…
oil represents only about 5% of global electricity production and in some of the important solar markets such as US, China, oil based electricity generation is less than 5% of the total. Moreover, the cost of oil based electricity generation even at $50 oil prices is the 7-9c/kWh range and as shown in the note, the marginal cost is higher than solar in many regions worldwide. Bottom line is that oil prices do not have a material impact on solar demand.
About the only losers from this creative destruction in energy production, aside from the tens of thousands of public officials, academics and NGO employees who jobs and research grants depend up climate alarmism, are the birds that happen to fly past these solar power stations and are incinerated.
via Deutsche Bank’s 2015 solar outlook: accelerating investment and cost competitiveness – Deutsche Bank Responsibility and Deutsche Bank report: Solar grid parity in a low oil price era – Deutsche Bank Responsibility.
Richard Lindzen on back when periods of warming were climate optima
12 Mar 2015 1 Comment
in Public Choice, environmental economics, global warming, rentseeking, economic history, economics of bureaucracy Tags: green rent seeking, climate alarmism, Anti-Science left, Richard Lindzen
Red Ed has given up on fighting climate change and introducing a carbon tax
11 Mar 2015 Leave a comment
in energy economics, environmental economics, global warming, public economics Tags: carbon tax, climate alarmism, expressive voting, left-wing popularism, rational ignorance, rational irrationality, UK politics
I am starting to warm to Red Ed. His freeze on energy bills rules out any carbon tax was he cannot introduce a carbon tax while freezing energy bills.
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