It is now plausible to envision scenarios in which global demand for crude oil falls to essentially zero by the end of this century, driven by improvements in clean energy technologies, adoption of stringent climate policies, or both. This paper asks what such a demand decline, when anticipated, might mean for global oil supply. One […]
The end of oil?
The end of oil?
05 Dec 2024 Leave a comment
in applied price theory, econometerics, economics of climate change, energy economics, environmental economics, environmentalism, global warming, law and economics, politics - USA, property rights, Public Choice, rentseeking, resource economics Tags: peak oil
Why Are UK Electricity Prices So High?
04 Dec 2024 Leave a comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming Tags: British politics, celebrity technologies, solar power, wind power
By Paul Homewood . As we are well aware, the UK has some of the highest electricity prices in the world. It is commonly claimed that the rapid price rise in recent years has been driven by the soaring price of natural gas. In fact, this is only a small part of the story. I […]
Why Are UK Electricity Prices So High?
The Missing Myths
04 Dec 2024 Leave a comment
in applied price theory, comparative institutional analysis, constitutional political economy, discrimination, economic history, economics of climate change, economics of information, economics of media and culture, economics of regulation, energy economics, entrepreneurship, environmental economics, environmentalism, financial economics, gender, global warming, health economics, human capital, income redistribution, labour economics, labour supply, law and economics, liberalism, libertarianism, Marxist economics, occupational choice, politics - USA, poverty and inequality, property rights, Public Choice, rentseeking Tags: Age of Enlightenment, crime and punishment, criminal deterrence, free speech, gender wage gap, law and order, political correctness, racial discrimination, regressive left, sex discrimination
Michael Huemer’s Progressive Myths is the best book on wokeness. One of its many strengths is its focus on basic facts. As the author explains:I have selected beliefs that can be debunked fairly quickly and forcefully. Many other progressive beliefs require long argumentation and subjective judgment calls to assess. About these more difficult issues, I…
The Missing Myths
Time for Starmer to Be Honest About What Net Zero Means: Rationing, Blackouts and Travel Restrictions in the Next Five Years
02 Dec 2024 Leave a comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming, transport economics, urban economics Tags: British politics
The shamble at COP demonstrates that the world is moving away from the idea that hydrocarbons can be removed from a modern economy. But an accident of recent electoral politics has left Britain with a fanatical Government of Net Zero zealots. The anti-working class Labour party was returned to power with a popular vote count less than its losing Marxist leader obtained in 2019. The U.K. FIRES work demonstrates what lies in store. A resurgent America bounding ahead on cheap energy and unleashed entrepreneurial spirits will contrast with its European allies shutting down industrial manufacturing in pursuit of an increasing unpopular state-mandated doomsday cult.
Time for Starmer to Be Honest About What Net Zero Means: Rationing, Blackouts and Travel Restrictions in the Next Five Years
Did COP29 Delegates Trade Intimate Dinner Dates for Food?
29 Nov 2024 Leave a comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming Tags: climate activists
“… I have been low-key surviving off lunch and dinner date invites from my male global north friends who can afford it here. …”
Did COP29 Delegates Trade Intimate Dinner Dates for Food?
Time for Starmer to Be Honest About What Net Zero Means: Rationing, Blackouts and Travel Restrictions in the Next Five Years
29 Nov 2024 1 Comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming Tags: British politics, climate alarmism
By Paul Homewood Definitely worth a read: Earlier this week the Labour backbencher and Chairman of the U.K. Parliament’s Energy Committee Bill Esterson noted that people will have to adjust their habits to meet Net Zero emission goals for 2030. Such honesty, emerging as it does from the Parliament of Net Zero nodding […]
Time for Starmer to Be Honest About What Net Zero Means: Rationing, Blackouts and Travel Restrictions in the Next Five Years
High mileage electric car usage is working out almost twice as expensive as petrol
29 Nov 2024 Leave a comment
in economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming Tags: electric cars
By Paul Homewood Not a happy chappy! Recently, a family illness was a force majeure and the Civic was being serviced so the Ford was the only transport. Unfortunately, no amount of planning could avoid bank-holiday travel and the armada of electric vehicles needing to charge. It looked as though Gridserve hadn’t done […]
High mileage electric car usage is working out almost twice as expensive as petrol
ZEV Mandates Force Closure Of Vauxhall’s Luton Plant
27 Nov 2024 1 Comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming, transport economics Tags: British politics, electric cars
Stellantis have been warning for months that this would happen, saying that they were not prepared to sell petrol/diesel vehicles at a loss, because of ZEV fines.
ZEV Mandates Force Closure Of Vauxhall’s Luton Plant
Cold, Hungry, Mass Unemployment, No Cars, Blackouts–Welcome To Starmer’s Dystopian Future
21 Nov 2024 1 Comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming Tags: British politics, climate activists, climate alarmism, solar power, wind power
For too long, the impact and cost of the Climate Change Act has been deliberately hidden from the public. Partly this has been the result of a political conspiracy between all of the major political parties and establishment in general. It has also been aided and abetted by all of the media, with a handful of notable exceptions.
Cold, Hungry, Mass Unemployment, No Cars, Blackouts–Welcome To Starmer’s Dystopian Future
‘Energy-Limited Resources’: Huge Swaths Of America Face Blackout Risks If Winter Is Bitter, Grid Watchdog Warns
19 Nov 2024 1 Comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming, politics - USA Tags: solar power, wind power
Hundreds of millions of Americans risk experiencing power shortages this winter if weather conditions are harsh, according to a new report published by the North American Electric Reliability Corporation (NERC), a power grid watchdog.
‘Energy-Limited Resources’: Huge Swaths Of America Face Blackout Risks If Winter Is Bitter, Grid Watchdog Warns
UK Approves $2.5 Billion Funding for Power Link to North Sea Wind Farms
19 Nov 2024 Leave a comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming Tags: British politics, celebrity technologies, wind power
By Paul Homewood Just another couple of billions of your money! From OilPrice.Com The UK’s energy regulator Ofgem on Friday awarded a $2.5 billion (£2 billion) funding package for a subsea and underground cable between Scotland and northern England that would give North Sea wind farms additional access to […]
UK Approves $2.5 Billion Funding for Power Link to North Sea Wind Farms
Are You Even Aware That There Is Another Big UN Climate Conference Going On?
18 Nov 2024 Leave a comment
in economics of climate change, economics of media and culture, energy economics, environmental economics, environmentalism, global warming Tags: climate alarmism
Yes, outgoing President Biden fell for this scam and sent off billions of dollars of U.S. taxpayer funds. Put this at the top of President Trump’s agenda: zero this one out. Once it becomes clear that the U.S. isn’t going along any more, maybe we can even save the annual expense of sending thousands of people off to these remote corners of the world.
Are You Even Aware That There Is Another Big UN Climate Conference Going On?
Growing Electric Car Sales Slump In Germany… Ford Cuts Back Production In Cologne Plant
18 Nov 2024 Leave a comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming, transport economics, urban economics Tags: electric cars, Germany
Germany’s Blackout News reports on the ongoing sales slump for in e-cars and how the Ford plant in Cologne is putting its employees on reduced work times (Kurzarbeit). AI generated symbol image (Chat GPT) Currently there’s a “growing crisis in the e-car market” and the production of the Explorer and Capri electric models at the…
Growing Electric Car Sales Slump In Germany… Ford Cuts Back Production In Cologne Plant
The Climate Case of the Century
16 Nov 2024 Leave a comment
in economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming, law and economics, property rights Tags: climate activists, nuisance suits
All in all, the ruling of the Hague Court of Appeal is an important first step towards restoring rationality and balance in judicial decision-making in climate cases. The rejection of the case against Shell will have ripple effects on many other climate cases throughout the world, and should cause the EU to rethink the obligation for companies to implement a climate transition plan consistent with 1.5C.
The Climate Case of the Century
Trumping the Electric Vehicle Mandate
15 Nov 2024 Leave a comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming, politics - USA, transport economics, urban economics Tags: 2024 presidential election, electric cars
Four principles will likely guide the Trump Administration’s actions on the auto industry in the next several months: (a) tariffs to protect domestic auto industry jobs, (b) fighting against mandates that tilt the playing field toward an EV technology that is both widely unpopular especially for load-carrying vehicles, (c) lowering the overall cost of owning reliable transportation for American consumers, and (d) consumer choice, not government mandates, must drive the auto and truck marketplace.
Trumping the Electric Vehicle Mandate
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