Authored by Rupert Darwall via The Epoch Times,
“This is not about complicated issues of cryptocurrency,” Assistant U.S. Attorney Nicolas Roos declared in the Sam Bankman-Fried trial, after accusing the defendant of building FTX on a “pyramid of deceit.” Much the same can be said about the foundations of Britain’s net-zero experiment. Energy is complicated, and electricity is essential to modern society and our quality of life, but as with FTX, the underlying story is straightforward: Wind power and net zero are built on a pyramid of deceit.
Net zero was sold to Parliament and the British people on claims that wind-power costs were low and falling. This was untrue: Wind-power costs are high and have been rising. In the net-zero version of “crypto will make you rich,” official analyses produced by the Treasury and the Office for Budget Responsibility rely on the falsehood that wind power is cheap, that net zero would have minimal costs, and that it could boost productivity and economic growth. None of these has any basis in reality.
The push for net zero began in 2019, when the UK’s Climate Change Committee produced a report urging the government to adopt the policy. Part of the justification was historic climate guilt. In the words of committee chair Lord Deben, Britain had been “one of the largest historical contributors to climate change.” But the key economic justification for raising Britain’s decarbonization from 80 percent to 100 percent by 2050—i.e., net zero—was “rapid cost reductions during mass deployment for key technologies,” notably in offshore wind. These illusory cost reductions, the committee claimed, “have made tighter emission reduction targets achievable at the same costs as previous looser targets.” It was green snake oil.
During the subsequent 88-minute debate in the House of Commons to write net zero into law, the clean-energy minister, Chris Skidmore, also asserted that net zero’s cost would be the same as the previous 80 percent target, which Parliament had approved in 2008. Challenged by a Labour MP on the absence of a regulatory-impact assessment, Mr. Skidmore misled Parliament, saying that there had been no regulatory-impact assessment in respect of raising the initial 60 percent target to 80 percent.
The regulatory-impact assessment that Mr. Skidmore says doesn’t exist gave a range of £324 billion (about $412 billion) to £404 billion when the target was raised to 80 percent—an estimate that excluded transitional costs—and cautioned that costs could exceed this range. Unlike today’s political pronouncements, the assessment was honest about the consequences of Britain acting if the rest of the world didn’t. “The economic case for the UK continuing to act alone where global action cannot be achieved would be weak,” it warned. … Continue Reading >>>
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Germany Burns Net Zero Pledges And Fires Up Coal Generating Plants Ahead Of Winter Peak Electricity Season
On Wednesday this week Germany’s coalition government approved putting coal power plants back online until the end of March 2024 to ensure energy security when natural gas supplies cannot meet demand. Though Germany has for at least a decade vied with Britain to claim leadership of Europe’s ill – advised push for net zero, the Berlin government has been forced into this move
The Offshore Wind Fiasco Sets New Records For Government Incompetence
In an article on wind powered generators last week a science & technology writer showed himself in need of remedial education in basic literacy:”Meanwhile, 14GW of installed capacity puts us second in the world behind China,” he burbled
The problem here is inability to understand the meaning of ‘installed capacity.’ If it means a capability of generating 14GW of electricity, as it would if we were discussing gas, nuclear or coal that would be lovely …
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Friedrichstrasse in Berlin is one of Europe’s most renowned shopping streets. Lined with glitzy stores, from Galeries Lafayette to Karl Lagerfeld it is on a par with Avenue des Champs-Élysées, London’s Regent Street or Via Montenapoleone in Milan, teeming with shoppers eager to spend their hard earned or ill – gotten cash and flowing with cars, buses and taxis.
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Climate Scaremongers Have Taken Over Where COVID Scaremongers Left Off
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Net Zero Will Lead To The End Of Modern Civilisation, Says Top Scientist
In a recently published science paper, Dr. Wallace Manheimer said Net Zero would be the end of modern civilisation. Writing about wind and solar power he argued it would be especially tragic “when not only will this new infrastructure fail, but will cost trillions, trash large portions of the environment, and be entirely unnecessary”.
The Offshore Wind Fiasco Sets New Records For Government Incompetence
Out Of Touch Elites Are Destroying Civilised Society Society With Net Zero Obsession And No Plan B
Europes Tractor Protests Spread To Germany And Now Include Fishing Trawlers
Green Energy & Net Zero: A Herd Of Elephants In The Room
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