subsidies, Tag

We’re used to claims that fossil fuels are being subsidised to the tune of trillions of pounds by governments around the world.

It must be true – the BBC’s Executive Complaints Unit says so!

The prediction that wind and solar assets will become “stranded” is fundamentally different, and fundamentally sounder, than the comparable prediction for fossil fuel assets...

It looks like the U.S. renewables industry is going to be scrambling financially. This is certain for the next twelve months and maybe long after that. Watching the mad scramble could be both enlightening and entertaining.

Let this article be Exhibit A in the case against climate policy by fiat. And remember: when someone tells you fossil fuels are living off your tax dollars, ask them to show the receipts. Odds are, they’re pointing to a...

Whenever discussing renewables subsidies on the internet, there is a form of Godwin’s Law that means it is inevitable that someone will come along and say: “Ackshually, fossil fuels are subsidised more than renewables,”...

The ugly EV news from Ford Motor Company just keeps coming. This afternoon, the company reported that it lost $1.224 billion in its EV business during the third quarter. In early October, the company reported EV sales “were...

This month, the RENIXX stood at 1,013 points, essentially zero value growth over the last 18 years. In comparison, the S&P 500 Index more than quadrupled over the same period. The RENIXX is down three years in a row...

The US is mostly run on fossil fuels, also in 2023. 82% of all energy (not just electricity) consumed comes from coal, oil and gas. Nuclear is 9%, renewables (mostly biomass) is 9%. Solar and wind contributes 2.5%.

When politicians take over markets, bad things happen. Costs increase, consumer choices are thwarted, and well-connected businesses get rich off taxpayers. We see all these things happening in the U.S. energy transition from...

...the biofuel experiment has left behind a trail of bankruptcies, environmental degradation, and unfulfilled promises.

A fallacious argument in the energy/climate debate is that wind and solar are cheaper than fossil fuels in electric generation. It must be wrong because government subsidies are front-and-center for on-grid dilute, intermittent...

Without massive subsidies, hydrogen is a non-starter in Germany.

But nothing is so permanent as a temporary government program.

They wanted combustion engine cars out but forgot that these cars bring in billions in tax income. They wanted a fully electrified transport but forgot it wouldn’t bring in money unless they make it more expensive. They...