UK
The war on fun
Ed Miliband was reported to be considering a tax on domestic ferry journeys, a move which might add 15% to prices. In a separate development in Labour’s war on fun, it was reported that he is also considering “guilt tripping” people when they try to book flights. Writing in the Times, Jeremy Clarkson said the Net Zero was ‘inhuman’.
The war on prosperity
Further subsidies of hundreds of millions of pounds will be required to keep Britain’s remaining steel plants afloat if the EU imposes a carbon tax on imports.
Production ended at the Mossmorran chemical plant.
Subsidy junkie power generator Drax announced a programme of layoffs, despite hoovering up hundreds of millions of pounds of public money every year.
The National Farmers Union warned that Net Zero is pushing many of their members over the brink, with another £1 billion of green costs to hit the sector in the near future.
Kathryn Porter warned that energy supplier Ovo is in a precarious financial state. If it goes under, the impact will dwarf the insolvency of Bulb Energy a few years ago.
Vauxhall owner Stellantis admitted that it had vastly overestimated demand for electric vehicles. The troubled manufacturer announced at £19billion hit to profits.
Manufacturing output and confidence rose slightly, but jobs continue to fall, albeit at a lower rate than previously.
UK carbon prices have risen by 20% since the start of the year, driving up the costs for manufacturing industry and the power sector.
Etcetera…
Our friends at GWPF released a new report from David Turver, which warned that the latest subsidy auction risks locking in high prices for decades.
US Energy Secretary Chris Wright despaired over the self-harm committed by decarbonisation-obsessed Europeans.
In OilPrice, Irina Slav noted that decarbonisation in the West mostly means exporting emissions to the East.
Edinburgh event coming
Net Zero Watch is going to be hosting a private event in Edinburgh ahead of the Scottish elections. NZW donors in the Central Belt should look out for an invitation next week. Please let us know if you don’t receive one. If you are in Edinburgh and would like to come along, do drop us a message too, but we can’t promise anything at the moment.
From the blog
FRI, JAN 9
The antics of the climate clique
The Energy Security and Net Zero select committee is currently holding an inquiry entitled “Supporting the energy transition”. It’s very much what you might expect – panel after panel of prominent
Read More
The London-based Net Zero Watch is a campaign group set up to highlight and discuss the serious implications of expensive and poorly considered climate change policies. The Net Zero Samizdat is a newsletter summarising the latest issues - for more information, please visit the website at www.netzerowatch.com.
The war on fun
Ed Miliband was reported to be considering a tax on domestic ferry journeys, a move which might add 15% to prices. In a separate development in Labour’s war on fun, it was reported that he is also considering “guilt tripping” people when they try to book flights. Writing in the Times, Jeremy Clarkson said the Net Zero was ‘inhuman’.
The war on prosperity
Further subsidies of hundreds of millions of pounds will be required to keep Britain’s remaining steel plants afloat if the EU imposes a carbon tax on imports.
Production ended at the Mossmorran chemical plant.
Subsidy junkie power generator Drax announced a programme of layoffs, despite hoovering up hundreds of millions of pounds of public money every year.
The National Farmers Union warned that Net Zero is pushing many of their members over the brink, with another £1 billion of green costs to hit the sector in the near future.
Kathryn Porter warned that energy supplier Ovo is in a precarious financial state. If it goes under, the impact will dwarf the insolvency of Bulb Energy a few years ago.
Vauxhall owner Stellantis admitted that it had vastly overestimated demand for electric vehicles. The troubled manufacturer announced at £19billion hit to profits.
Manufacturing output and confidence rose slightly, but jobs continue to fall, albeit at a lower rate than previously.
UK carbon prices have risen by 20% since the start of the year, driving up the costs for manufacturing industry and the power sector.
Etcetera…
Our friends at GWPF released a new report from David Turver, which warned that the latest subsidy auction risks locking in high prices for decades.
US Energy Secretary Chris Wright despaired over the self-harm committed by decarbonisation-obsessed Europeans.
In OilPrice, Irina Slav noted that decarbonisation in the West mostly means exporting emissions to the East.
Edinburgh event coming
Net Zero Watch is going to be hosting a private event in Edinburgh ahead of the Scottish elections. NZW donors in the Central Belt should look out for an invitation next week. Please let us know if you don’t receive one. If you are in Edinburgh and would like to come along, do drop us a message too, but we can’t promise anything at the moment.
From the blog
FRI, JAN 9
The antics of the climate clique
The Energy Security and Net Zero select committee is currently holding an inquiry entitled “Supporting the energy transition”. It’s very much what you might expect – panel after panel of prominent
Read More
The London-based Net Zero Watch is a campaign group set up to highlight and discuss the serious implications of expensive and poorly considered climate change policies. The Net Zero Samizdat is a newsletter summarising the latest issues - for more information, please visit the website at www.netzerowatch.com.
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