“NOW the global economy has finally turned a corner for real, King Coal is back – as always, the engine of global prosperity and rising living standards, especially for the world’s poorest.”
MEANWHILE, back in novelty-energy land:
“KAPUT! German Wind Farms Set for Dismantling as Subsidies Dry Up”
WHEN the wind don’t blow, or the subsidies cease to flow – the power don’t flow and the windmills will GO!
EXCELLENT news for businesses, families, workers and the impoverished…
“SEVERAL thousand wind turbines in Germany are likely to be closed down in the next decade because they will no longer receive any subsidies. “If electricity prices do not rise over the next decade, only a few plants will survive on the market without subsidies,” says an analysis by the Berlin-based consulting firm Energy Brainpool.”
“ON another note, the Kiel, German-based Kieler Nachrichten (KN) reports: “Thousands of wind turbines will be supposedly dismantled over the coming decade because the state subsidies will run out”.
Guest essay by Eric Worrall
The Financial Times is disappointed that hitting the Paris targets is looking even less likely, thanks to economic growth driving a rise in CO2 emissions.
China recovery pushes greenhouse emissions to global record
NOVEMBER 13, 2017 Tobias Buck in Berlin and Lucy Hornby in Beijing
Paris targets under threat as forecast 2% rise follows three years of zero growth
NOVEMBER 13, 2017 Tobias Buck in Berlin and Lucy Hornby in Beijing 58 comments Stronger Chinese economic growth will push global greenhouse gas emissions to a record high in 2017 after remaining flat for three years, dashing tentative hopes of a turning point in the world’s efforts to curb climate change.
A new report by the Global Carbon Project, an international research consortium, predicts that carbon dioxide emissions from fossil fuels and industry will rise 2 per cent this year. The report was released at…
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