Net balancing costs were £506m in 2015. The system pressures mentioned above have pushed the net cost in 2020 to £1.3Bn, 67% higher than 2019 (£794m).
Go ahead and look through the plans being put forth today by the likes of California, New York, Germany or the UK, and see how they address any of these issues.
The Environmental, Social and Governance (ESG) factors climbing up the agenda in the banking industry to divest in fossil fuels is a desire to reach a world like that in the 1800’s, when the world was previously “decarbonized”.
EU rules designed to prevent out of control spending are in tatters, as top EU officials conspire to circumvent their own fiscal rules and breach debt limits, to fund the green energy transition.
2021 was also the first time in 22 years that the total power generation by green energies fell. In 2021, only 238 billion kwh of energy were produced compared to 250 billion kwh in 2020. In 2019, 241 billion kwh were produced.
The cost of US$433 trillion is equivalent to over 20 times the US 2019 GDP. It would cost every adult (18 year and over) a total of US$1.7 million!
According to Chris Leithner, founder of Leithner & Co Investment Advisors, the apparent upward trend in weather disaster payouts disappears when you correct for the rise in population.
Youtube personality Siraj Raval converted his Tesla EV into a mining rig, allowing him to use a free re-charge deal to mine cryptocurrency.
The energy study also revealed that hydrogen-fuelled boilers "will never be a cost-effective option". According to Bloomberg, the average annual running cost for a heat pump stands at £743, compared to £2,784 for a hydrogen...
According to Ipso Mori, 83% of the British people want drastic climate action, but support "drops off rapidly" when people are asked to make personal sacrifices.
The political class remains rhetorically wedded to its earlier foolhardy promises, and the media is too enamored of reality-detached activists such as Ms...
Reposted from NOT A LOT OF PEOPLE KNOW THAT DECEMBER 23, 2021 By Paul Homewood 70% of Brits worried about energy costs this Christmas, new ComRes poll reveals...
Human Geography Lecturer Dr. Laurie Parsons admitting UK companies are outsourcing emissions overseas to evade strict UK carbon targets.
Did Manchin's concern about the Texas Blackouts just save the USA from Build Back Better? Washington based reporter Tim McDonnell wants you to understand why a deluge of government cash would have made everything better.
According to History graduate Matthew Rosa, climate change and capitalism are behind the supply chain disruption the USA is currently experiencing.
- Popular Related Tags: climate economics, opinion, intermittent wind and solar, renewable energy, net zero, climate change, esg, green new deal, climate news, aoc
- Search for "climate economics" on our Eco Web Search