asterisk2a + power + trading   7

Clouds gather over solar power after golden years of success
After a day in which Britain generated more power from the sun than from coal for the first time, the industry should be rejoicing. But the mood is fearful [...] But over the last year both the RO and FiT support mechanisms have been either removed or wound dramatically further down – with the government arguing the industry should largely be fending for itself while bill payers should be spared unnecessary cost. [...] [ spokesman from energy department - no subsisdy for renewables, ... but strike price guarantee for nuclear energy w nuclear waste problem]
Amber  Rudd  energy  policy  UK  energy  price  competitiveness  Hinkley  Point  C  subsidies  subsidizing  renewable  energy  COP21  carbon  tax  carbon  trading  scheme  carbonfootprint  carbon  capture  carbonemission  short-termism  George  Osborne  austerity  underinvestment  Smart  Grid  infrastructure  investment  Schuldenbremse  general  election  2015  general  election  2020  Generationengerechtigkeit  fairness  bank  bailout  corporate  welfare  babyboomers  climate  change  global  warming  climate  crisis  extreme  weather  weather  extreme  nuclear  power  nuclear  waste  energy  storage  nasty  party  double  standard  David  Cameron  Career  Politicians  No  Representation  budget2015 
april 2016 by asterisk2a
The lights are going out for solar energy
Back in December, when most people were focussed on Christmas and not renewable subsidies, the government quietly published their decision to cut Feed-in Tariffs for industries such as solar, wind and hydropower by a staggering 65 per cent. Included in the small print was analysis which showed a possible 19,000 job losses, mostly in solar, which would see that industry shrink to under half its size. [...] Instead the government is thinking short-term, and our economy will suffer. For a party that wants people to think of it as economically competent, this is an incredibly bad move.
energy  price  energy  policy  renewable  energy  Amber  Rudd  George  Osborne  David  Cameron  short-termism  trickle-down  economics  carbon  tax  fossil  fuel  nuclear  power  carbonfootprint  carbon  trading  scheme  carbonemission  COP21  competitive  competitiveness  industrial  policy  Steel  Industry  Aberdeen  subsidies  subsidizing  corporate  welfare  Makers  Career  Politicians  constituency  policy  folly  policy  error  Opportunism  opportunist  Party  Funding  Oil  price  commodity  prices 
february 2016 by asterisk2a
Hitachi boss issues warning over Wylfa subsidy deal - BBC News
[ giving extortionate (for consumer) strike prices, while cutting renewable feed in tariff 95% and 500m subsidies for Oil/Aberdeen ] The head of the company behind a new £8bn nuclear power station on Anglesey has warned it may walk away from the project if a subsidy deal with the UK government cannot be reached. Hitachi chairman Hiroaki Nakanishi told the Telegraph he voiced concerns about Wylfa Newydd's expected cost to Foreign Secretary Philip Hammond. It followed problems a rival faced for the Hinkley Point plant in Somerset. The UK government said it wants low-cost nuclear power. Hitachi owns Horizon Nuclear Power which is behind the plans to build the new power plant, which could be operational by the early 2020s. Horizon is in talks with the Department of Energy and Climate Change (DECC) on issues such as the strike price, which will be key to attracting additional finance.
energy  price  energy  policy  renewable  energy  fossil  fuel  nuclear  power  UK  Westminster  Tories  austerity  Smart  Grid  underinvestment  foreign  direct  investment  Amber  Rudd  George  Osborne  David  Cameron  Hinkley  Point  C  nuclear  subsidies  subsidizing  corporate  welfare  Wall  Street  shareholder  value  profit  maximisation  transparency  accountability  white  elephant  white  lies  PR  spin  doctor  Positioning  COP21  carbon  tax  carbonfootprint  carbon  trading  scheme  carbonemission  climate  change  global  warming  extreme  weather  weather  extreme  nuclear  waste  short-termism 
february 2016 by asterisk2a
German plasma success raises nuclear fusion hopes - BBC News
A German nuclear fusion experiment has produced a special super-hot gas which scientists hope will eventually lead to clean, cheap energy. [...] Physicists are in a worldwide race to create stable fusion devices that could not only mimic the Sun but release abundant energy, without the volumes of toxic waste generated by nuclear fission - the splitting of the atom. [...] The project began nine years ago and has cost 1bn euros (£720m; $1.1bn) so far. The EU's main nuclear fusion project is called Iter, at Cadarache, in the south of France. But it will not be fired up until the 2020s. It is controversial, having already cost more than €10bn. [...] Scientists have been working on nuclear fusion for more than 50 years but the extreme temperatures involved and the difficulty of controlling plasmas mean progress is slow.
nuclear  fusion  nuclear  power  science  renewable  energy  underinvestment  carbonemission  carbonfootprint  carbon  tax  fossil  fuel  corporate  welfare  carbon  trading  scheme  energy  price  energy  policy  industrial  policy  STEM 
december 2015 by asterisk2a
UK's coal plants to be phased out within 10 years - BBC News
[How can gas be central if it has to be shipped from Russia & else?! - bbc.in/1WZQj4D ] UKs remaining coal-fired power stations will be shut by 2025 with their use restricted by 2023, Energy Secretary Amber Rudd has proposed. Ms Rudd wants more gas-fired stations to be built since relying on "polluting" coal is "perverse". Only if gas-fuelled power can fill the void created by closing coal-powered stations would coal plants be shut, she said. //&! bit.ly/1G7rJQt Subsidies cut in "emergency" Budget2015 after election which was not in the manifesto. &! Greenpeace said it showed the chancellor is out of step with the times. - bit.ly/1D2ylQg &! bit.ly/1HOeCt0 &! Renewables industry slams move to make them pay Climate Change Levy (also done in the Budget2015) - bit.ly/1j8khAR - "Like making apple juice pay an alcohol tax" &! Gov says in official statement, this move protects customers from higher energy bills??? - bit.ly/1Kkd8GH
fossil  fuel  renewable  energy  energy  price  energy  policy  energy  security  Russia  austerity  Generationengerechtigkeit  underinvestment  productive  investment  competitive  competitiveness  competitive  advantage  Smart  Grid  carbonfootprint  UK  carbonemission  CO2  air  pollution  George  Osborne  David  Cameron  nasty  party  Tories  Conservative  neoliberalism  neoliberal  general  election  2015  election  campaign  promises  Career  Politicians  dogma  ideology  budget2015  climate  change  global  warming  economic  damage  long-term  view  long-term  thinking  Opportunism  opportunist  short-term  thinking  short-term  view  short-termism  policy  folly  policy  error  industrial  policy  STEM  wind  energy  solar  energy  reframing  Positioning  spin  doctor  PR  framing  subsidies  subsidizing  corporate  welfare  carbon  tax  carbon  trading  scheme  Hinkley  Point  C  nuclear  power  Amber  Rudd 
november 2015 by asterisk2a
What is the outlook for Britain's steel industry? - BBC News
UK steelmakers want lower business rates, a relaxation of emissions targets for heavy manufacturers, more compensation for high energy prices and a commitment that British steel is used in major construction projects. "We've set out some of the things government can press ahead with now to send out a clear signal of support in the very short term," said Gareth Stace, director of UK Steel. [...] How does the government act without going against its free market principles and breaking EU rules? It has already provided steel makers with millions of pounds in compensation for carbon permit costs. Beyond that it says its hands are tied by strict European Union state-aid rules. [ << targeted welfare vs lower energy prices and a smart grid for all ] //&! bbc.in/1GhJaoH - Unions want the government to take "urgent short-term action" to support the industry. [...] the steel industry globally was facing one of the most difficult times in its history. [...] we can't change the price of steel.
Manufacturing  energy  price  energy  policy  industrial  policy  Smart  Grid  subsidies  subsidizing  corporate  welfare  EEG  Umlage  renewable  energy  green  energy  wind  energy  energy  security  solar  energy  solar  power  Revolution  2.0  Software  Is  Eating  The  World  underinvestment  productive  investment  Makers  Career  Politicians  lobbyist  lobby  Lobbying  constituency  competitive  competitiveness  competitive  advantage  fiscal  policy  public  investment  infrastructure  investment  Generationengerechtigkeit  fairness  Millennials  generationy  protectionism  austerity  George  Osborne  David  Cameron  babyboomers  Tories  Conservative  Party  western  secular  stagnation  Niall  Ferguson  tax  evasion  tax  avoidance  inequality  Gini  coefficient  No  Representation  democracy  Super  Rich  1%  Commanding  Heights  commodity  prices  2015  European  Union  China  India  carbonfootprint  carbonemission  carbon  tax  carbon  trading  scheme  emissions 
october 2015 by asterisk2a
On the Origin of Celebrity - Issue 5: Fame - Nautilus
"Why the obsession? Because we’re primates with vested interests in tracking social hierarchies and patterns of social affiliation. And celebrities provide our primate minds with stimulating gyrations of hierarchy and affiliation (who is sleeping with, feuding with, out-earning whom). [...] Why is rank so important to a baboon? For one thing, a stable dominance system is a huge social convenience—it insures bloody teeth and claws don’t reign each time a potential conflict arises." - via https://news.ycombinator.com/item?id=8614040 &!&! http://nautil.us/issue/5/fame/homo-narrativus-and-the-trouble-with-fame "We think that fame is deserved. We are wrong. [...] These two traits—our compulsion to tell stories, and our bias towards the individual—conspire to ruin our intuitive understanding of fame. [...] There is no such thing as fate, only the story of fate." << via https://news.ycombinator.com/item?id=8624002
Celebrity  of  You  celeb  culture  fame  culture  Gossip  culture  status  symbol  socioeconomic  status  social  status  status  anxiety  sociology  psychology  evolution  group  behavior  behaviour  Power  Play  abuse  of  n00d  Trading  Ring  Celebgate  Media  Tabloid  Glossy  Magazine  Facebook  Twitter  storytelling  social  imitation  trend  trends  Network  social  science  social  study  social  society 
november 2014 by asterisk2a

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