The Kent wind farm subsidy is mostly a waste of money, even measured by UNIPCC’s case for taking drastic action on CO2. First, two statements and a bit of data. “… the Kent windfarm. £780m invested to chase £50 ROCs. Offshore is double bubble, so £100/MWh generated.” (Sep 25, 2010 at 1:41 AM | Atomic [...]
All posts in category Costing
Kent Wind Farm – A dead loss to society
Posted by manicbeancounter on September 26, 2010
http://manicbeancounter.com/2010/09/26/kent-wind-farm-a-dead-loss-to-society/
The Myths of Green Jobs – from the Classical Economists and a Beancounter
The Adam Smith blog posts (here) on the seven myths of green jobs (by the Policy Network). They are useful as a criticism, but more fundamentally the classical economists gave a rebuttal over a century ago. From Adam Smith, you get increased prosperity from division of labour. Localism reduces the division of labour, thus reduces the [...]
Posted by manicbeancounter on August 31, 2010
http://manicbeancounter.com/2010/08/31/the-myths-of-green-jobs-from-the-classical-economists-and-a-beancounter/
Labour’s aim to save £35bn
According to John Redwood, the Labour Government has plans to save £35bn a year. I posted the following comment. It is good news that the government is allowing for value for money as a consideration. But after twelve years of government, it is a bit late. A bit of quick beancounting might put this [...]
Posted by manicbeancounter on July 24, 2009
http://manicbeancounter.com/2009/07/24/306/
Why have Petrol Prices not fallen in line with the price of Crude?
A colleague asked me why petrol (gasoline) prices in the UK have not fallen in line with the Crude Oil Price. From the peak price of $145, crude oil is now around $45 per barrel, a fall of nearly 70%. The prices we pay per litre of petrol has fallen only 25% I did [...]
Posted by manicbeancounter on December 16, 2008
http://manicbeancounter.com/2008/12/16/why-have-petrol-prices-not-fallen-in-line-with-the-price-of-crude/
