Celebrating humanity's flourishing through the spread of capitalism and the rule of law
01 Mar 2024 Leave a comment
in energy economics, environmental economics, global warming, industrial organisation, survivor principle Tags: celebrity technologies, wind power
Europe’s wind industry is in its death throes. Denmark’s Ørsted share price plummeted 25% late last year, and after slashing dividends to shareholders was forced to write $billions off the projected value of its US offshore projects, and its share price is still heading south. Europe’s turbine manufacturers are bleeding cash and their shares will […]
Europe’s Wind Industry Faces Total Oblivion & Slovakia Cans All Wind Projects
29 Feb 2024 Leave a comment
in energy economics, environmental economics, global warming Tags: British politics
From NOT A LOT OF PEOPLE KNOW THAT By Paul Homewood h/t Philip Bratby Of all the problems with electric cars, perhaps the least expected was the revelation that some home charging points provide a potential point of weakness for malign foreign powers to interfere with our National Grid. Last week, the Office for Product Safety […]
The UK is much closer to blackouts than anyone dares to admit
28 Feb 2024 Leave a comment
in development economics, energy economics, environmental economics, global warming Tags: unintended consequences
See One Country’s Dream of EV-Driven Prosperity Helps Fuel a Coal Binge Instead: Indonesia pitches its plan to leverage natural resources as a model for other developing nations by Jon Emont of The WSJ. Excerpts:”A few years ago, Indonesia set out to turn its treasure trove of nickel into an electric-car manufacturing boom.It imposed a sweeping…
Life is full of tradeoffs: if we want more nickel to make EV batteries we might have to use more coal
28 Feb 2024 Leave a comment
in energy economics, entrepreneurship, environmental economics, financial economics, global warming Tags: active investing
For fund managers, it may violate their fiduciary responsibility (to maximize returns) to their shareholders. Apparently, the legal risk is too big for JP Morgan, State Street, and BlackRock: Asset managers have been walking a fine legal line. GOP Attorneys General in 2022 warned that they might be violating their fiduciary obligations and antitrust laws.…
Is ESG investing illegal?
28 Feb 2024 Leave a comment
in energy economics, environmental economics, global warming Tags: Australia, wind power
“… the pace of the renewables coming forward is too slow, relative to the ambitions articulated for the nation …”
Aussie Energy Execs Urge a Coal Backup “Safety Net” to Ease the Net Zero Transition
26 Feb 2024 Leave a comment
in energy economics, environmental economics, global warming, transport economics Tags: electric cars
By Paul Homewood h/t Gamecock TRANSLATION – NOBODY WANTS TO BUY THE USELESS THINGS! . . Mercedes-Benz has backtracked on their plan to transition to selling only electric vehicles after 2030, with company officials saying that “market conditions” have not allowed that to happen. It was just three years ago when the […]
Mercedes-Benz Scraps Plans to Make Only Electric Vehicles Due to ‘Market Conditions’
26 Feb 2024 Leave a comment
in energy economics, environmental economics, global warming Tags: celebrity technologies, wind power
Without reliable and affordable electricity, civilisation as we know it wouldn’t last a week. Absolutely everything we do depends on having power as and when we need it. Or, as Tyson Culver and Robert Bryce call it “Juice”. Over several years now, Tyson and Robert have been attempting to educate Americans about where their power […]
Why Costly & Unreliable Wind and Solar Threaten Modern Civilisation
26 Feb 2024 Leave a comment
in economic history, environmental economics, global warming
By Andy May Renee Hannon (@hannon_renee) pointed out that Raphael Neukom, et al. (2019) compares the modern instrumental temperature record to the Pages2K proxy temperature record and declares that: “… we find that the coldest epoch of the last millennium—the putative Little Ice Age—is most likely to have experienced the coldest temperatures during the fifteenth […]
Sorry, the Little Ice Age Does Exist
25 Feb 2024 Leave a comment
in applied price theory, comparative institutional analysis, economic history, economics of bureaucracy, energy economics, environmental economics, global warming, income redistribution, industrial organisation, Public Choice, rentseeking Tags: price controls, The fatal conceit, unintended consequences, utility regulation
25 Feb 2024 Leave a comment
in energy economics, environmental economics, global warming Tags: atomic energy
Last Tuesday, more than 1,000 Australians marched on Canberra with a simple demand. Australia needs nuclear power ASAP. A lineup of top-flight speakers, including politicians, farmers and hard-core environmentalists (who have turned into the fiercest critics of subsidised wind and solar), backed by a very vocal crowd, laid out the truth about the great wind […]
National Rally Against Reckless Renewables: Australians Demand Nuclear Power ASAP
24 Feb 2024 1 Comment
in energy economics, environmental economics, global warming, politics - Australia, Public Choice, rentseeking Tags: wind power
The apparent object of the wind and solar ‘transition’ is to destroy reliable and affordable power supplies. The evidence suggests we are well on our way. Hijacked by ideologues with arts degrees and bankrolled by crony capitalists ready to make a fast buck, at your expense, energy policy is playing out as one almighty nightmare […]
How to Wreck Power Supplies: Add Subidised Wind & Solar
23 Feb 2024 Leave a comment
in economics of education, economics of information, energy economics, environmental economics, global warming Tags: climate activists
In recent years, a real-life equivalent to “the Ministry of Truth” has arisen with the rise of so-called “fact-checking organizations”.
Science Feedback (a “fact-checker organization”) have generated disinformation about CERES-Science
23 Feb 2024 Leave a comment
in energy economics, environmental economics, global warming Tags: atomic energy
Poland is the latest country to join the Europe-wide nuclear power renaissance. While their German neighbours set out to destroy their once reliable and affordable power supply with a maniacal attempt to run on sunshine and breezes, the Poles kept powering on using their abundant coal reserves. The same coal-fired plants routinely provide surplus power […]
Poles Apart: Poland Joins Europe’s Nuclear Power Renaissance
21 Feb 2024 Leave a comment
in energy economics, environmental economics, global warming Tags: climate alarmism
Roy Gilbert exposes the fundamental mistaken thinking regarded global warming/climate change. His Spectator Australia article is Conceptual Error in Climate Change Analysis. H/T John Ray Excerpts in italics with my bolds and added images. It is often said that the ‘science is in on climate change’. Is it? We should always adhere to the principle […]
Climatists Mistake Means for Ends
19 Feb 2024 Leave a comment
in energy economics, environmental economics, global warming Tags: electric cars
By Paul Homewood h/t Paul Kolk The new green technology! A warehouse in France storing lithium batteries caught fire on Saturday, amid growing fears over their safety. The fire on Saturday afternoon occurred at a storehouse in the southern town of Viviez, in Aveyron, where 900 tons of lithium batteries were waiting to be recycled. […]
Lithium battery warehouse goes up in flames
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