Calculated Destruction: Counting the True Costs of Net-Zero CO2 Emissions Madness

For renewable energy rent-seekers, the path to net-zero CO2 emissions targets is lined with endless taxpayers’ gold. These boys don’t get out of bed unless the subsidies are huge and guaranteed to last in perpetuity.

So, it comes as no surprise that the true cost of net-zero carbon dioxide gas emissions targets is out of this world.

Remember this is the same crowd that tells us that wind and solar power are already ‘free’ and getting cheaper all the time, and will easily replace conventional generators with the addition of a few mega-scale lithium-ion batteries. Accordingly, the fact that their numbers are a little rubbery, shouldn’t surprise.

As Benny Peiser points out below, the political pitch for Britain’s net-zero target is based on truly heroic assumptions about the cost of reaching it.

Government abandons official Net Zero cost estimate
Net Zero Watch
Benny Peiser
2 March 2022

London, 2 March – The Public Accounts Committee’s report on Achieving Net Zero, published today, shows that plans to decarbonise the economy are in disarray.

The parliamentary committee noted that there appears to be no coherent plan for delivery, and points out that the Government has finally admitted it has no idea of the cost involved.

According to the committee report,

“HM Treasury was reluctant to be drawn on the future costs of achieving net zero, cautioning that while the Climate Change Committee has provided estimates, they contain ‘heroic assumptions’ with errors potentially compounding over very long periods.”

The Net Zero policy was put into law on the basis of an official cost estimate provided to Parliament by the Committee on Climate Change, whose chairman, Lord Deben said it was “recognised universally as the most seriously presented, costed effort”.

However, it has become clear over the last two years that it was largely a fiction [1–3], with at least one independent estimate suggesting that the Climate Change Committee understated the cost of Net Zero by an order of magnitude [4].

Net Zero Watch director Benny Peiser said:

“The report shows that the Government has written off the Climate Change Committee’s cost estimates. This completely vindicates what we have been saying since 2019. Parliament was tricked into Net Zero by misleading claims. The Government has now thrown the CCC and Lord Deben under the bus, and it’s not before time.”

Welcoming Net Zero Watch’s statement, Craig Mackinlay MP called for a complete overhaul of climate and energy policy:

“For 20 years, policy has been dominated by ideological pipe dreamers, and to date they have succeeded in wrecking livelihoods and undermining national security. It’s time to look again at fracking, at nuclear, and at adaptation. It’s time to get serious about climate and energy.”

Notes

[1]  Andrew Montford: Three Trillion and Counting, The Global Warming Policy Foundation

[2] Parliament ‘misled’ over cost of net zero target, say Conservative MPs. Telegraph, 25 September 2021

[3] Net Zero target relies on rise in windy days. Telegraph, 23 October, 2021

[4] McKinsey. The economic transformation: What would changein the net-zero transition
Net Zero Watch

About stopthesethings

We are a group of citizens concerned about the rapid spread of industrial wind power generation installations across Australia.

Comments

  1. Reblogged this on whatyareckon and commented:
    Net Zero gets a ZERO!

  2. Many people have calculated the amount of storage needed for firm power in a system having only solar and wind sources. The results are 390-3000 watt hours’ storage per watt of average demand.

    Activists say an all-electric American economy would have 1,700 GWe average demand.

    Using the most-optimistic estimate (something a real engineer would never do), looking int he Tesla catalogue for prices (before installation, which a real engineer would include) and longevity, and doing the fourth-grade arithmetic (no higher math needed), the conclusion is AT LEAST FOUR TIMES TOTAL USA GDP PER YEAR FOR BATTERIES ALONE!

    http://vandyke.mynetgear.com/Worse.html
    http://vandyke.mynetgear.com/Nuclear.html

  3. Hello all.
    This is ALL a single madness, the Energiewender drive. Alone, the material battle that we are currently experiencing crazy.
    (Copper, aluminum, zinc, rare earths, etc. etc. etc.)
    Greetings from Germany.

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