Boyd Carter
Nut zero, then, is a striking instance of Monckton’s Law, which states that any attempt by governments to interfere in the free market in pursuit of some political objective or another will tend to bring about a result that is precisely the opposite of that which was – however piously – intended.
The Final Nail in The Coffin Of “Renewable” Energy – Watts Up With That? (wattsupwiththat.com)
Posted by Boyd Carter
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Quoting from the article:
“It gets worse. In the UK, the “government”, in its final thrust to destroy the British economy, is ordering every household with a perfectly good oil-fired boiler to tear it out in two years’ time and replace it with a ground-source or air-source heat pump, which will deliver far less heat at far greater cost. And where is the electricity for the heat pumps going to come from? From the grid, that’s where.”
Quoting from the article:
“He had been looking at nations such as Britain, whose government has gone further towards reducing the economy to third-world status by its unhinged nut-zero policies than any other. As a direct result of this fatuity, Britain now suffers the costliest electricity prices in the world.
Industries large and small are going to the wall at a record rate, wrecked by the endless hikes in electricity prices whose root cause is the enforced and pointless shuttering of long-amortized and perfectly viable coal-fired power stations that used to produce electricity at only $30 per MWh, and their replacement with wind and solar subsidy farms producing intermittent and unreliable electrical power at anything up to $11,500 per MWh.”