Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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
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
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
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
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
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
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
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
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.
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
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
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
08 May 2025 1 Comment
in economics of climate change, economics of natural disasters, energy economics, environmental economics, environmentalism, global warming Tags: climate alarmism
by Judith Curry and Harry DeAngelo We have a new paper published in the Journal of Applied Corporate Finance, entitled “A Critique of the Apocalyptic Climate Narrative.” The paper reflects the JACF’s ongoing interest in publishing articles that analyze important Environmental, Social, and Governance (ESG) issues in ways that are useful for investors, money managers, […]
A Critique of the Apocalyptic Climate Narrative
08 May 2025 1 Comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming Tags: electric cars
By Paul Homewood EV sales remain stuck around the 20% mark, way short the government’s target of 28% for the year. It’s hard to see what carmakers can do to lift the EVs back to ZEV target levels. https://www.smmt.co.uk/vehicle-data/car-registrations/
EV Sales Stuck At 20%
08 May 2025 1 Comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming Tags: celebrity technologies, solar power, wind power
With more than 50 million EU electricity consumers suffering blackouts yesterday, campaign group Net Zero Watch has reiterated its warning that the UK power grid is also becoming increasingly unstable.
Net Zero Watch warns of growing grid instability
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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