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UK Taxpayers Face £1 Billion Bill over Green Energy Scandal

A green energy scandal that is saw people heating empty buildings just to collect government grants could cost British taxpayers more than £1 billion. The UK Treasury faces a huge bill after spending on Northern Ireland’s Renewable Heat Incentive (RHI)

Hillary Clinton will be formally crowned the party's White House candidate at the Democratic National Convention in Philadelphia this coming week

Hillary’s Energy Policies Enrich Wall Street Cronies

In endorsing Hillary Clinton as the Democrat’s choice for President, Sen. Bernie Sanders decried “greed, recklessness, and illegal behavior” and declared that we couldn’t let “billionaires buy elections.”

© AFP/File Cristina Quicler

Solar Energy Lobby’s Texas Goals Clouded by Bankruptcies

A leading solar power lobbying organization’s promises of growth in Texas continue to sit under a cloud of economic challenges. Amid cheap natural gas prices and established wind farms in much of the solar-friendly regions, solar panel arrays are proving a tough sell.

Royal Bank of Scotland

Royal Bank of Scotland Goes Green; Shares Dive

Every year since 2008 when it was bailed out by the UK taxpayer, the Royal Bank of Scotland (RBS) has been losing money. Now – thanks to the Guardian‘s Chief Enviro Loon, the Hon. Damian Carrington – we have an

For the Rich, Green Greed Is Good: From the Enclosure Acts to Eminent Domain

For the Rich, Green Greed Is Good: From the Enclosure Acts to Eminent Domain

Yes, the past always repeats itself. In our first installment, we saw how, in the 18th century, the English aristocracy went about clearing the peasants off of valuable land. To be sure, everything that the aristocrats did was legal — of course it was, because the gentry wrote the laws.

Elon Musk (Scott Olson / Getty)

SolarCity and the Silver Spoon

Having a successful business takes a lot of hard work, good market analysis, a better product or service than the competition, and advertising. Add in a bit of luck, and hopefully it will grow. If, however, you are a politically favored business—say solar—your story is different.

Associated Press

Paris Climate Goals Require Global Industrial Shutdown

The Associated Press struggles mightily to avoid admitting that the Paris “climate conference” was a very expensive dystopian fantasy, in which world leaders soaked their taxpayers and also spewed vast amounts of carbon into the atmosphere with their luxury jets, just to hold the world’s largest “Mad Max” live-action role-playing game

Wind Turbines sunset

Politicians Designate Oil a ‘Loser’ In Paris, But Green ‘Winners’ Need Huge Subsidies to Survive

We have a load of headlines and sound bites about how “the end of the fossil fuel era” and Paris has put oil decisively on “the wrong side of history” – which is, not coincidentally, the same term our effete ruling class and inept President Obama use to describe ISIS terrorism. Meanwhile, as New York magazine noted, many proponents of the Paris plan “agree that its value is more about symbolism and hoped-for gains than near-term substance, and critics are zooming in on the agreement’s lack of legal teeth, as well as how optimistic it seems to be about future international cooperation, technological advancement, and the sustained domestic will within each country.”

energy rating

Britain Loses Top Energy Rating After Slashing Subsidies

(Reuters) – Britain has lost its top-notch energy policy rating from the U.N.-accredited World Energy Council after the government prematurely cut some renewable energy subsidies, creating uncertainty about how it will address support in future. The World Energy Council has

Capitol at Night

Beyond the Bickering, Bill Lifting Oil-Export Ban Wins Bipartisan Support

Americans are sick of the bickering in Washington and want both parties to cooperate and get something done. Friday, October 9, offered proof that this can still happen. The house passed H.R. 702, the bill to lift the decades old oil export ban—with 26 Democrats joining the majority of Republicans and voting for it.

Tony Abbott

Green Fury: Aussie PM Tony Abbott Approves Massive New Coal Mine

Forget subsidy-hungry wind, solar and hydro power alternatives. Australia’s Prime Minister Tony Abbott believes coal is the future because it’s good for humanity. To prove he is a man of his word, Mr Abbott’s conservative coalition government has approved another massive new thermal coal mine for

Nigel Roddis / Getty Images

How Anti-Frackers Raise The Risk of UK-Wide Blackouts

The risk of blackouts this winter has increased compared with a year ago, according to National Grid. More people demanding more energy at a time when new power stations are a rarity means that as supply meets demand something has to

tony abbott

Aussie PM Tony Abbott Cancels All Government Wind Farm Subsidies

Australia has slammed the door shut on any new government-funded investment in renewable energy schemes as Prime Minister Tony Abbott extends his “war on wind power”. In doing so Mr Abbott has sent a clear message to the mendicant green

Stephane Mahe/REUTERS

Green Levy Target Dumped as Massive Overspend on Green Energy Looms

UK Chancellor George Osborne is expected to scrap green tax targets in the summer budget to be announced Wednesday. The move is designed to bring down the cost of renewable energy as subsidies spiral out of control. Conservative Members of Parliament