Month: June 2024

Wednesday

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June 18, 2024 at 10:51AM

We have always adapted to climate change

We’ve always done so and have no right to tell others they can’t have modern living standards.

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June 18, 2024 at 10:36AM

Carbon Pricing Methodology

By Paul Homewood

 

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https://assets.publishing.service.gov.uk/media/6556027d046ed400148b99fe/electricity-generation-costs-2023.pdf

According to government figures, the levelised cost of CCGT is £114/MWh, which includes a Carbon Cost of £60/MWh. But the latter has nothing to do with pollution costs, or even the Social Cost of Carbon.

The government explains:

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Their link takes us to this statement:

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https://www.gov.uk/government/publications/valuing-greenhouse-gas-emissions-in-policy-appraisal/valuation-of-greenhouse-gas-emissions-for-policy-appraisal-and-evaluation#methodology

It’s a bit of a word salad. But what it essentially means is that the “carbon price” must be big enough to make fossil fuels uncompetitive with renewables.

As emissions reductions become more difficult and costly, so the carbon price must rise to compensate.

In short, the carbon price has nothing to do with the actual cost or otherwise of carbon dioxide, and therefore should not regarded as part of the cost of gas-fired generation.

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June 18, 2024 at 08:55AM

No net zero: Reform’s manifesto launch


The Reform party knows a lot of people don’t believe in climate policies, or at least not the current UK ones. They have no measurable effect, cost far too much via large levies on fuel bills, and disfigure ever larger areas of land. There’s also strong resistance to being pushed ever further towards electric vehicles, heat pumps and so on, when more familiar, affordable and satisfactory alternatives have been in use for decades.
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Nigel Farage positioned Reform as the main opposition force to Labour as he unveiled a manifesto that included big cuts on tax and spending, reports City AM.
. . .
The end of net zero

Farage also used his speech as an opportunity to brand the UK’s policy to get to net zero by 2050 as “destructive”.

Pledging to scrap all net zero subsidies, and “fast track” North Sea oil licences, he claimed the current direction of travel on helping the environment was in fact working directly against the interests of voters.

Full report here.

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June 18, 2024 at 08:51AM