Celebrating humanity's flourishing through the spread of capitalism and the rule of law
22 Sep 2023 Leave a comment
in energy economics, environmental economics, global warming Tags: celebrity technologies, wind power
The rent-seekers that profit from the great wind and solar scam are always begging for more: more subsidies, tougher mandates and even greater renewable energy targets. Back in 1983, the American Wind Industry Association claimed that solar and wind would be “competitive and self-supporting on a national level by the end of the decade if […]
America’s Offshore Wind Industry Covering Up True Cost of Taxpayer Funded Subsidies
18 Sep 2023 Leave a comment
in energy economics, environmental economics, global warming Tags: celebrity technologies, wind power
Every country that’s tapped into the grand wind and solar transition has left power consumers suffering from Post Transition Stress Disorder – where households and businesses are being pounded with power prices at unprecedented rates. Australia, is no exception. At the minute Australians are being bombarded by media attempts to convince a wholly nonracist Australian […]
Subsidised Wind & Solar Debacle Delivers Massive Power Price Shock
04 Sep 2023 Leave a comment
in energy economics, environmental economics, global warming Tags: celebrity technologies, wind power
30 Aug 2023 Leave a comment
in energy economics, environmental economics, global warming Tags: celebrity technologies, wind power
In their sillier moments, the wind and sun cult point to places like California or Germany as prime examples of energy Nirvana. Then come the facts. California and Germany have most certainly led the charge in backing heavily subsidised and chaotically intermittent wind and solar, but they’ve also led the charge on rocketing power prices […]
Following California’s Renewable Energy Lead Guarantees Rocketing Power Prices & Blackouts
01 Jan 2023 Leave a comment
in energy economics, environmental economics, global warming Tags: celebrity technologies, solar power, wind power
fb://photo/587418059875616?set=a.212290457388380&sfnsn=mo&mibextid=6aamW6
25 Oct 2022 Leave a comment
in energy economics, environmental economics, global warming Tags: celebrity technologies, renewable energy, solar power, wind power
06 Oct 2022 Leave a comment
in energy economics, environmental economics, global warming Tags: celebrity technologies, solar power, wind power
04 Jul 2022 Leave a comment
in energy economics, environmental economics, global warming Tags: celebrity technologies, solar power, wind power
30 Oct 2021 Leave a comment
in energy economics Tags: celebrity technologies, solar power, wind power
26 Sep 2021 Leave a comment
in energy economics, environmental economics, global warming Tags: celebrity technologies, solar energy, The fatal conceit, wind power
02 Jun 2016 Leave a comment
in politics - New Zealand, transport economics Tags: celebrity technologies, expressive voting, KiwiRail, network economics, picking losers, picking winners, rational irrationality, urban transport
$5.2 billion in rail spending since the 2003 budget! This $5.2 billion does not include any spending on urban rail, commuter train networks or their electrification. The $5.2 billion since the 2003 budget is for the passenger and freight network, not the urban metro contracts
Source: New Zealand Budget Papers, various years.
Desperately waiting for that dividend the taxpayers lose if any of these assets are privatised. The spending listed below in the two charts includes loans, capital injections and the purchase of the track and of the train operator itself. The latter was purchased for $690 million which was soon written down to zero.
Source: New Zealand Budget Papers, various years.
There is no table because the table format breaks down when blogged.
At various times, OnTrack and KiwiRail was subsidiaries of the New Zealand Railways Corporation, which was the holding company. Now OnTrack is a division of KiwiRail.
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