Utopia, you are standing in it!

An interesting (?) concept from renewables promoters here, partly to boost ‘innovative’ (generally expensive) technologies. We’re supposed to believe that bigger subsidies, or ‘fiscal incentives’, will lead to lower bills.
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The energy sector is ramping up pressure on the government to bolster investment in green projects, with Renewable UK the latest to raise concerns the country could be overtaken by rivals such as the US and EU, reports City AM.

The industry body, which supports wind and tidal energy, has called on Downing Street to bring in fiscal incentives such as new capital allowances for renewable technology.

It also favours sustained supply chain investment in the UK to expand green jobs, and speeding up the planning process – with offshore wind developers waiting an average of five years for planning approval under current restrictions, and some projects taking up to a decade to secure a grid…

Christopher Luxon has been making it very clear what the National Party in 2023 stands for, and it’s not for New Zealand. I’m not sure when National changed its reason for being, and I doubt many of it’s supporters realise it yet, but National stands for NZ the way Labour stands for the working man – not in the slightest.

There was something extremely chilling in today’s about-face declaration of loyalty to Net Zero 2050 and man-made climate from Maureen Pugh. She was a woman with her own opinion at the start of the day and merely a drone by the end. Whatever her opinion had been, it was subsumed into the collective adherence to the quasi-religious cult of climate change, a cult of which the National Party is now an overly enthusiastic participant, and likely has been for some time.

What happened today reminded me of a Bill Maher…

Wind turbine makers are bleeding cash, and several are terminal. Siemens Gamesa has been axing hundreds of jobs in Europe and America. Vestas, Nordex and Enercon are also on the ropes. The cause of all this corporate misery is down to a collapse in wind factory investment, which is down to a collapse in wind power subsidies, and the sudden realisation that the economics of wind power, even with massive subsidies, never stacks up.

In the States, General Electric’s wind turbine manufacturing unit booked a $US2.2 billion loss in 2022.

And, as Thomas Lifson outlines below, the worst is yet to come. Oh dear, how sad, never mind.

Wind power makers suffer huge losses, want to abandon major project
American Thinker
Thomas Lifson
5 February 2023

The greenies’ dream of “clean” (except for millions of dead birds) energy from wind farms is dying in the face of the poor economics (even…

By Larry Bell ~

During his State of the Union Address, President Biden blamed high U.S. energy prices on greedy oil companies despite as former presidential candidate Biden having virtually pledged to put them out of business.

During a Democratic primary debate with Sen. Bernie Sanders, Biden said, “No more subsidies for the fossil fuel industry. No more drilling on federal lands. No more drilling, including offshore. No ability for the oil industry to continue to drill — period, [it] ends, number one,” later adding, “No more, no new fracking.”

Joe has largely kept his promise, evidenced by an aggressive war against fossil energy which has included banning of the Keystone XL pipeline along with myriad other executive orders placing regulatory restrictions on drilling.

It is perhaps forgivable then, that Republican attendees loudly groaned at his ironic SOTU temerity when Biden said, “When I talked to a couple of…