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Tag Archives: renewable energy

Green boom coming to an end

Green Energy profits

A dramatic fall in the cost of green energy technology has eaten into the profitability of green energy companies.  According to By Anna Hirtenstein at Bloomberg Businessweek: “Green technology such as solar panels and wind turbines are increasingly mass-produced, so basic supply-and-demand economics dictate that they get cheaper. There’s also …

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The early end of British coal

Wind and coal

In its heyday, the British coal industry produced more than 280 million tons a year.  Today, what remains produces less than 9 million tons – less than was produced at the height of the 1984-85 miners’ strike.  Since then, demand has fallen steadily as industrial users either closed or used …

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Science ‘v’ Economics criticisms work both ways

Fish counter

These days it is almost a given that economics is not grounded in reality.  As the old joke has it: Q: What do you call an economist who makes a prediction? A: Wrong. The failure of thousands of extremely well-paid economists to see the 2008 crash coming did irrevocable harm …

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