Skip to content

EU Commission Study Reveals International Competitive Disadvantage of Climate Policies

February 19, 2019
tags:

By Paul Homewood

 

https://www.thegwpf.com/eu-commission-study-reveals-international-competitive-disadvantage-of-climate-policies/

 

John Constable has a detailed post at GWPF on the latest analysis EU analysis of energy prices. It makes grim reading for bill payers and industrial users.

 

This is all you really need to know:

The third release of the EU Commission’s periodic study of global electricity and gas prices for the first time compares the EU 28 with the whole of the G20 for the period 2008 to 2016. EU 28 household electricity prices are now more than double those in the G20, while industrial  electricity prices are now nearly 50% higher. The only G20 states with higher industrial electricity prices are those with heavy commitments to renewables.

 

We have already seen today Honda pulling production out of Europe and back to Asia. Exorbitant energy prices can have hardly helped.

 

Meanwhile, Australians are also paying for their government’s obsession with solar power:

 

The cost of the federal Small-scale Renewable Energy Scheme (SRES) and state-based rebates combined is forecast to rise by 45 per cent from $1.2bn last year to $1.74bn this year.

Consumers are flocking to solar power, enticed by cheaper costs and rebates either under way or pledged in Victoria, South Australia and NSW.

 

Analysis by renewables trader Demand Manager reveals the ­annual impost for every household for the subsidy is forecast to soar from $134 last year to $195 this year. The cost of the subsidy is added to all electricity bills.

The subsidy hike — on top of already high electricity prices — will intensify pressure on the ­government to scrap the scheme as it battles to ­deliver on tariff cuts for consumers ahead of a federal election due in May. The subsidy program is currently scheduled to be phased out by 2030.

Demand Manager owner Jeffery Bye said: “If left unchecked, electricity consumers will be hit with an increase of between $360 million and $540m in the cost of the SRES starting January 1, 2019. Far from subsidies for ­renewable energy decreasing and Mr (Angus) Taylor being the ‘minister for getting electricity prices down’, it would appear the solar subsidy cost item on electricity bills will be increasing markedly in 2019.”

https://www.thegwpf.com/green-madness-australian-households-2bn-hit-for-solar-subsidies/

 

 

And Dutch households have discovered that energy tax hikes will cost them 334 Euro this year:

 

 

The cabinet has admitted it used old figures when calculating the impact of energy tax hikes and underestimated the impact on families. On Monday, the national statistics agency CBS said the average household energy bill would go up by some €334 this year, more than double the earlier government estimate of €150.

The price of gas and electricity has been pushed up by higher levies on CO2 emissions and the accelerated scaling back of gas extraction in Groningen, as well as a €50 rise in the amount households contribute towards sustainable energy subsidies (ODE).

https://www.dutchnews.nl/news/2019/02/government-admits-it-was-wrong-on-energy-bill-hikes-used-outdated-figures/

17 Comments
  1. February 19, 2019 5:48 pm

    Reblogged this on ajmarciniak.

  2. February 19, 2019 5:53 pm

    I’m thinking “admitting you were wrong” and “repealing the stupid laws/taxes” are two completely different things.

    • Gerry, England permalink
      February 20, 2019 1:51 pm

      The left wing of politics will never admit they are wrong when it all goes tits up. I think it is rule No 2 after always be a hypocrite. The other concept is never accepting that ‘do nothing’ is ever an option.

  3. markl permalink
    February 19, 2019 6:11 pm

    The only surprise here is that people didn’t see this coming. The real question is when will the people say “enough is enough” and demand action ….. need a yellow vest?

    • Adam Gallon permalink
      February 20, 2019 11:39 am

      Saving the World! Why on earth wouldn’t other countries do just the same?
      The propaganda about wind & solar being cheap, coal & gas are bad & as for nuclear!
      The huge amount of political capital invested here, means a reversal of policies is going to be very, very difficult. None of the major political parties oppose the policies, no other country will stand up & say “It’s all bollocks, we’re scrapping these policies”, as that will bring the whole lot down. How many university courses are reliant on the AGW meme? All the industry based upon it, making, fitting & servicing the wind & solar subsidy farms, the investments in EVs? All these would come crashing down.

  4. February 19, 2019 6:34 pm

    By the time the public realise just how much damage these expensive and unnecessary energy policies are doing, it will be too late to do much about it.

    • February 19, 2019 7:48 pm

      It’s already too late to do anything about it as most subsidies are inflation linked and are guaranteed for 20 or 25 years. Thanks Miliband, Huhne, Davey, Rudd, Perry and all the other junior minsters (Barker, Hendry etc etc). What a bunch of morons.

      It’s blackout Britain unless more industry closes or leaves our shores.

      • John F. Hultquist permalink
        February 20, 2019 2:49 am

        more industry closes or leaves

        There must be a few still there. Make a list and we can cross them off with a short explanation. Should only be needed for less than 10 years.

      • February 20, 2019 10:00 am

        The idea now is that big industry gets paid to cut its electricity demand whenever there’s a temporary power generation problem/crisis. Of course the cost of that goes on everyone else’s bills.

  5. It doesn't add up... permalink
    February 19, 2019 8:24 pm

    The Dutch situation is a reminder that we could restore the price competitiveness we enjoyed when we were a marginal net exporter of gas were we to develop our shale resources.

  6. Joe Public permalink
    February 19, 2019 8:59 pm

    The ‘latest’ EuroStat figures for domestic electricity:

  7. avro607 permalink
    February 20, 2019 11:39 am

    Test only.

  8. February 20, 2019 1:07 pm

    But the EU prefers trade to climate dogma in the end…

    EU READY TO GIVE UP CLIMATE PLEDGE FOR US TRADE DEAL
    Date: 20/02/19
    https://www.thegwpf.com/eu-ready-to-give-up-climate-pledge-for-us-trade-deal/

    • Gerry, England permalink
      February 20, 2019 1:56 pm

      Always going to be a bit of a sticking point requiring adherence to the Paris drivel when the Great Donald has announced the USA is leaving it. Should the UK get to the position of negotiating a trade deal, expect to see Paris adherence in there and our morons will just roll over an agree to it. The key would be the inclusion of a pressure relief clause in any agreement that could allow us to opt out if we ever understand all the climate change stuff is bollocks.

  9. tom0mason permalink
    February 21, 2019 10:17 am

    EU leaders show their all in it together at a recent international event…
    J.P. Juncker (head of the EU Politburo ) — ‘tired and confused’ or just very drunk.

    These are the ones that wish to be the elite royalty of Europe. These are the ones who assert they should be able to monitor and control every little aspect of every European citizen life.

    • It doesn't add up... permalink
      February 21, 2019 10:43 am

      EU Copyright law strikes already? I just see a Google G, no image.

      • tom0mason permalink
        February 21, 2019 1:40 pm

        It doesn’t add up…

        I can see the image and still play the video, maybe Google (aka Alphabet ) is trying to make a point to selected region(s) and their users about the proposed (and passed but not yet implemented) EU law on copyright.

Comments are closed.

%d bloggers like this: