A Green Reverse Robin Hood

From across the pond, here is Dr. North at EU Referendum, passing on the UK's new green "feed-in" tarrif program. It is a program where you can install green energy producing "enhancements," such as solar panels, on your property and the UK government will require that all energy you produce will be bought by the energy company at a premium - regardless whether you use all the energy yourself:

. . . So it starts ... the pigs rush to the trough, scooping up the cash by the handfuls. They would be mad not to do so. The government has devised an utterly mad system designed to put £8.6 billon a year into the kitty, available for anyone able to afford the initial investment. AND THE REST OF US PAY.

This one, like so many, has crept in under the radar, a perverted, distorted reverse Robin Hood scheme where the poor are robbed to give to the rich. And even with today's debauched currency, £8 billion plus A YEAR is a lot of money – you could build four aircraft carriers a year with that, every year.

This is money which is going to be siphoned out of our pockets, all to produce electricity in one of the least efficient and most expensive ways known to man. On our backs, will arise a vast, bloated "green" industry, milking the poor and the less-well-off, just to pay homage to a mad obsession. In Zimbabwe, runaway inflation produced scenes such as the one shown. If you see something similar in Britain, you are looking at a solar energy developer.

Keep a close eye on what happens across the pond. It is a laboratory for socialim and green insanity. And it is a laboratory whose results Obama seems to wish to emulate.

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Alternative Energy Fictions

Over a year ago, I posted here on the insane push to scrap our existing energy infrastructure and replace it with a variety of "alternative energy" sources that, other than nuclear power, are deeply cost ineffective and not proven to scale. Two recent articles highlight those realities.

The first from Shannon Love is an exceptionally articulate primer on why replacing our reliance on coal and other fossil fuels with non-nuclear alternative energy is pure fantasy:

Here’s a fact you won’t see mentioned in the public policy debate over “alternative” energy:

There exists no alternative energy source, no combination of alternative energy sources, and no system of combinations of alternative energy sources that can fully replace a single, coal fired electric plant built with 1930s era technology.

Nada.
Zero.
Zilch.

Yet many want to make this group of functionally useless technologies the primary energy sources for our entire civilization.

Most discussions of alternative energy talk only about the cost and reliability of the electricity when it leaves the grounds of the alternative-energy installation. This is called the Point of Generation (POG). However, energy is useless unless you have it where you need it, when you need it. It does no good to have plenty of power in Arizona when your work and home are in Michigan. It does no good to have a roaring fire in July when you’re freezing in January. Therefore, the only real factors that count are the cost and reliability at the Point of Consumption (POC).

All current and forecast alternative energy sources fail miserably at POC. When you look at all the hurdles, redundancies and hypothetical/theoretical technologies you have to invoke to make alternative energy reliable at POC, you see they can’t even come close to matching the 80-year-old coal plant.

An obsolete coal plant using 80-year-old technology can provide power where and when you need it. It can be positioned almost anywhere from the equator to the tundra. . . . It can be positioned immediately adjacent to the point of consumption. It works around the clock and in all types of weather. It can easily store weeks or months of coal reserves in a big pile outside. 99% of its offline time is scheduled and it is trivial to build in redundancy to compensate for both scheduled and unscheduled offline time. For the last 80 years, this type of technology has chugged out the electricity all over the world without pause.

“Alternative” energy sources have none of these attributes. They can only be built in specific locations, and those locations are wholly unrelated to the points of consumption. They can only operate under specific weather/environmental conditions, so they cannot fulfill the when of the point of consumption need.

They operate on nature’s schedule not ours. If we could easily operate on mother nature’s schedule, we wouldn’t need the energy in the first place, because we primarily use the energy to alter natural environmental conditions to keep ourselves alive. . . .

Do read the entire article.

The UK is much further along in the green madness than we - though Obama seems determined to catch us up, whatever the economic cost. As I posted here and as discussed by Dr. North of EU Referendum, Brits have seen their energy prices double in the past five years and are staring at exponential rises in energy costs in the future. As discussed in those posts, the things driving up their energy costs are a variety of charges aimed at reducing carbon dioxide. And today there is yet another charge added - "feed in" tariffs to encourage Brits to start generating their own alternative energy through installation of such things as solar panels. This from George Monbiot on just how insane and costly this idea is for the Brits:

Those who hate environmentalism have spent years looking for the definitive example of a great green rip-off. Finally it arrives, and nobody notices. The government is about to shift £8.6bn from the poor to the middle classes. It expects a loss on this scheme of £8.2bn, or 95%. . . .

On 1 April the government introduces its feed-in tariffs. These oblige electricity companies to pay people for the power they produce at home. The money will come from their customers in the form of higher bills. It would make sense, if we didn't know that the technologies the scheme will reward are comically inefficient.

The people who sell solar photovoltaic (PV) panels and micro wind turbines in the UK insist they represent a good investment. . . . The government wants everyone to get the same rate of return. So while the electricity you might generate from large wind turbines and hydro plants will earn you 4.5p per kilowatt hour, mini wind turbines get 34p, and solar panels 41p. In other words, the government acknowledges that micro wind and solar PV in the UK are between seven and nine times less cost-effective than the alternatives.

It expects this scheme to save 7m tonnes of carbon dioxide by 2020. Assuming – generously – that the rate of installation keeps accelerating, this suggests a saving of about 20m tonnes of CO2 by 2030. The estimated price by then is £8.6bn. This means it will cost about £430 to save one tonne of CO2.

Last year the consultancy company McKinsey published a table of cost comparisons. It found that you could save a tonne of CO2 for £3 by investing in geothermal energy, or for £8 by building a nuclear power plant. Insulating commercial buildings costs nothing; in fact it saves £60 for every tonne of CO2 you reduce; replacing incandescent lightbulbs with LEDs saves £80 per tonne. The government predicts that the tradeable value of the carbon saved by its £8.6bn scheme will be £420m. That's some return on investment. . . .

Solar PV is a great technology – if you live in southern California. But the further from the equator you travel, the less sense it makes. It's not just that the amount of power PV panels produce at this latitude is risible, they also produce it at the wrong time. In hot countries, where air conditioning guzzles electricity, peak demand coincides with peak solar radiation. In the UK, peak demand takes place between 5pm and 7pm on winter evenings. Do I need to spell out the implications? . . .

We don't need to guess the results: the German government made the same mistake 10 years ago. By 2006 its generous feed-in tariffs had stimulated 230,000 solar roofs, at a cost of €1.2bn. Their total contribution to the country's electricity supply was 0.4%. Their total contribution to carbon savings, as a paper in the journal Energy Policy points out, is zero. This is because Germany, like the UK, belongs to the European emissions trading scheme. Any savings made by feed-in tariffs permit other industries to raise their emissions. Either the trading scheme works, in which case the tariffs are pointless, or it doesn't, in which case it needs to be overhauled. The government can't have it both ways. . . .

(H/T EU Referendum)

There are significant opportunity costs for engaging in this alternative energy madness. While there are current costs to each person for having to subsidize this push to alternatives, we are also neglecting both our existing infrastructure and our future supplies of coal and oil. Obama's war on coal today may only be making the back pages of the newspaper, but its real effect will be in a decade or so out, when we are paying skyrocketing costs for energy that may well not be be there when we want to flip the switch.

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