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...
Will the latest government attempt to revive nuclear, driven by global warming concerns, succeed? It’s not a given. There’s lots to like about smaller nukes. They produce no CO2, have a relatively small footprint, can...
But it’s our money they are spending, not their own, so why worry?
...a Texas think tank says the true cost is the equivalent of USD$17.33 per gallon — or CAD$6.32 per litre — over the life of the car, after factoring in subsidies and incentives.”
...the subsidy conveyor belt is now running again.
The absurdity of current Net Zero plans is now exposed for all to see.
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