Energy

David Cameron’s sacred cows exposed by Freakonomics

There’s an interesting bit in the first chapter of Think Like a Freak, (Allen Lane, £12.99), from the Freakonomics duo, Steven D Levitt and Stephen J Dubner in which the two Steves get to meet David Cameron and a few dozen of the team just before he takes office. They are there to do what freethinkers do, viz, cut through the guff and muddled thinking that surrounds the big issues. Well, I can tell you for free that Mr Cameron is unlikely to sue for his name check. They observe breathlessly that “everything about him radiated competence and confidence. He looked to be exactly the sort of man whom deans

If you really hate wind farms, David Cameron won’t help you

The Prime Minister is planning to cap the total number of onshore wind farms in Britain. But what would limiting the number of wind farms to those in existence or already in the planning system mean? The UK already has 7.1GW worth of turbines spinning away. There are 1.8GW under construction and some 4.3GW approved but not yet built. Once all these are up and running it will bring the total to 12.2GW. The government plans to install between 11GW to 13GW of onshore wind by 2020. If they were to limit turbines to those built or in the process of building, it would make precisely no difference at all.

James Delingpole

Don’t call him an oligarch – meeting Dmitry Firtash

Who is Dmitry Firtash? Can he solve Ukraine’s troubles? And why is he currently under effective house arrest in Vienna, awaiting extradition on corruption charges to the US, with his bail set at a whopping €125 million? None of these questions has a simple answer — and when I fly to Austria to meet him it’s not even clear if I’m going to ask him. Firtash appears to be up for it, as far as can be ascertained via his barrage of minders, advisers, security and hangers-on. But his expensive American lawyers most definitely aren’t. It might jeopardise his case, they’re saying. Firtash mustn’t say a word about anything. ‘Who

The potential of shale – in the fight against climate change…

The United Nations’ Intergovernmental Panel on Climate Change published a report earlier this morning which contains a remarkable insight. Ottmar Edenhofer, head of the IPCC working group, told a press conference that shale gas might work as a bridge between fossil fuel dependence and renewable energy. (The report also mentions carbon capture and storage, nuclear and biofuels alongside shale as alternative energy sources.) The IPCC is not endorsing shale or rejecting renewable energy, far from it; but it is saying that shale could be a short term measure in the long-term battle against climate change. Edenhofer’s statement effectively concedes that renewables are not yet sufficiently developed or cheap to meet our energy needs, and

Ukraine increases mistrust and misinformation between Russia and the West

The tense situation in Ukraine has escalated overnight. A deadline has passed for pro-Russian agitators to vacate government buildings in eastern Ukraine or face military action. There is no indication that the agitators have retreated. Meanwhile, reports from Kiev suggest that the government is trying to raise volunteer militias – perhaps in an attempt to avoid deploying the country’s armed forces, which would antagonise Russia. Last night a special session of the UN Security Council, called by Russia, was the scene of disagreement between Russia and the western powers. Ukraine and the western powers say that Russia is behind this unrest; as Vladimir Putin tries his hand at provatskiya (as

Why can’t country views be protected from wind turbines?

‘Surprisingly’, writes Geoffrey Lean (Daily Telegraph, 4 April), ‘two thirds of the country support onshore wind turbines’. It should not surprise him: those would be the two thirds who live in towns and cities, the people whose distinctive, familiar skylines are on the whole safe. When proposed city structures reach the height of St Paul’s they are the subject of deliberation and careful design. Not so in the country. I live in the East Mendips, a soft target for onshore wind turbines as it has little protection from developers: this is because its hills were sacrificed to quarrying after the war and it therefore does not qualify as an area

How green policies hurt the poor

[audioplayer src=”http://traffic.libsyn.com/spectator/TheViewFrom22_3_April_2014_v4.mp3″ title=”Matt Ridley and Fraser Nelson discuss the IPCC’s latest report” startat=67] Listen [/audioplayer]Advocates against global warming often frame the issue in terms of helping the poor. ‘You’re right, people dying thanks to climate change is some way off…’ ran one fairly typical advert recently, ‘about 5,000 miles, give or take.’ Indeed, the United Nations agrees that, looking toward the future, climate change ‘harms the poor first and worst’. And the logic stacks up: the poorer you are, the less able you’ll be to afford the resources to adapt to a changing climate. However, climate policies also have a cost, and these predominantly hurt the poor. And if you

PMQs: Lib Dems have thwarted changes to fox hunting law

Ed Miliband started strongly at PMQs today. He seized on Scottish and Southern’s announcement that they’ll freeze energy prices as a justification of his most popular policy, the energy price freeze. He mockingly asked Cameron if he still thought the idea was unworkable and a Communist plot. listen to ‘PMQs: Cameron vs Miliband on energy prices’ on Audioboo

Isabel Hardman

PMQs: who will take credit for SSE’s price freeze?

Perhaps both David Cameron and Ed Miliband will try to take credit for SSE’s announcement that it is freezing its prices until 2016 when they tussle at PMQs. Number 10 this morning said: ‘Anything which helps consumers with their bills is to be welcomed, of course and one of the things that the company is explaining today is it is able to, a principle reason why it is able to make this decision is because of the rolling back of the green levies and green charges, which is a result of this government.’ This is true, but it’s not quite the full picture. The only reason the government decided to

How to disempower the Big Six energy companies

I believe in free markets, but there are some markets that don’t work properly.  Where competition has not prevailed in favour of the consumer. Where customers are too weak, companies too strong and choice too constrained. One such market is energy.  Just six companies control 98% of household gas and electricity supply.  British Gas accounts for over 70% of all gas customers. In energy the regional monopolies that existed before privatisation largely continue to this day.  If you’re reading this and live in London I’d be willing to bet that for three out of four of you EDF is your electricity provider.  If you’re in Cardiff I bet it’s SSE. And

Time to switch energy companies say ministers

Both coalition parties remain scarred by the political potency of Ed Miliband’s pledge to freeze energy prices. They are determined to do what they can to stop this issue gaining salience again. So, it is telling that Ed Davey and Michael Fallon have both personally signed up to The Big Deal, a new initiative designed to gets consumers cheaper energy bills through bulk buying. Their decision to sign up shows how it is politically imperative to be seen as on the side of the customer rather than the producer when it comes to energy. (It is also testament to how well connected the campaign is in Westminster.) No politician wants

Our own folly may yet lead us to a second dishonourable Yalta

‘He was back after less than two years’ pilgrimage in a Holy Land of illusion in the old ambiguous world, where priests were spies and gallant friends proved traitors and his country was led blundering into dishonour.’ Those words are taken from Officers and Gentlemen, the second volume in Evelyn Waugh’s Sword of Honour, his trilogy about the second world war. The words describe the disillusion of the protagonist, Guy Crouchback, as Britain sides with Soviet Russia to defeat Hitler: an alliance with an atheist tyranny to defeat an atheist tyranny, an alliance that led to the betrayal – perhaps necessary – of Eastern Europe at Yalta. The words resonate

Tim Rice’s diary: From Eternity to here

Last October, in these very pages, I wrote with what is now annoying prescience, ‘Like almost everyone else in the insane world of musical theatre, I don’t know how to create a hit.’ I am now facing up to the grim fact that my latest effort, From Here to Eternity, is folding after a six-month run at the Shaftesbury Theatre. The publicity has vastly exceeded the interest in the show when it opened last September. Never have the words of Bob Dylan seemed so relevant to me: ‘There’s no success like failure, and failure’s no success at all.’ The enthusiasm of the media to report gleefully on Eternity biting the

Martin Vander Weyer

Any other business: Britain’s chaotic energy policy puts us in Putin’s hands

To have written last month that the headline ‘Kiev in flames’ looked like a black swan on the economic horizon hardly makes me Nostradamus — but sure enough, the tension between Russia and Ukraine have caused stock markets to quiver and the price of UK gas for one-month delivery on the ICE Europe futures exchange in London to rise 10 per cent on Monday. But it was more impressively far-sighted that way back in the winter of 2005/6 we commissioned a Spectator cover showing wicked Vladimir Putin sitting astride a knotted gas pipeline: one sixth of all gas consumed in Europe arrives from Russia across the Ukraine, and another sixth

How America’s shale gas revolution makes Putin ever weaker

[audioplayer src=”http://traffic.libsyn.com/spectator/Untitled_2_AAC_audio.mp3″ title=”Anne Applebaum and Matthew Parris debate the Ukraine-Russia situation”] Listen [/audioplayer]Once or twice every century something good happens to Russia, but then another long night of suffering closes over the great Asian wastes. In 1917, the Russians managed to overthrow their hated Czar and proclaim a democracy. It only lasted a few months before being swept away by a much worse autocracy, which stayed in power until 1991. The sudden prospect of post-Soviet freedom was accompanied by the promise of long-delayed prosperity, as the liberated nation began to develop its vast resources, one of which was natural gas. For a few years, Putin’s Russia dominated the international natural

You, too, can be a shale profiteer

It might not be something you want to mention in the Half Moon Inn in Balcombe, or around any of the other communities where people are getting anxious about shale gas explorers ripping up the countryside with their drills and pipelines. But if shale is the tremendous source of wealth that David Cameron insists it can be for this country, how do you go about investing it? After all, if there are fortunes to be made, there is no reason not to claim your share. There is no longer any question that shale gas is a major industry. In the US, where it is most advanced, it is already worth

Why has Britain signed up for the world’s most expensive power station?

‘As part of our plan to help Britain succeed, after months of negotiation, today we have a deal for the first nuclear power station in a generation to be built in Britain.’ That was David Cameron in October, announcing that his government had reached an agreement with the French power giant EDF over the construction of two reactors at Hinkley Point in Somerset. The Prime Minister must have a funny idea of success, because the more we learn about the Hinkley deal, the more we can see that it is one of the worst ever signed by a British government. Even the European Union can smell a rat. Last month,

Spectator letters: Wind and bias, and the Scots at war

Caution over wind Sir: While the broadcast media have assailed their audiences with simplistic yet blanket coverage of the floods crisis, it behoves Christopher Booker to provide a long overdue critical perspective of the Environmental Agency (‘Sunk!’, 15 February). The two main tenets of his article have been ignored by most, if not all, other journalists. With something approaching delicious irony we are then treated in the same issue to a self-serving missive from the Renewables UK boxwallah Jennifer Weber (Letters, 15 February). Replete (as one would expect from an organisation that previously went under the name British Wind Energy Association) with dismissive assertions and bogus statistics, Weber’s letter exemplifies the

Spectator letters: Fears for Scotland, and John Cornwell answers Melanie McDonagh

Save our Scotland Sir: Matthew Parris is quite right to praise Lord Lang’s speech in the Lords on Scottish independence 9 (‘The End of Britain’, 8 February) and there were other notable contributions, especially from Lord Kerr, on the European dimension, and Lord Robertson, the former secretary-general of Nato. But is anyone listening? The debate got virtually no coverage in the Scottish editions — and I suspect even less in the English ones. Meanwhile the SNP publicity machine rolls on here and is now promising an annual ‘Indy bonus’ of £600 for every man, woman and child in Scotland, exceeding the £500 threshold at which (as Alex Massie pointed out in

David Cameron is dangerously complacent on shale gas regulation

Late on Tuesday afternoon, and within minutes of each other, two separate hearings in the Palace of Westminster examined the prospects for shale gas in the UK. In the upper house, the Economic Affairs Committee was taking evidence from Chris Wright, the straight-talking boss of an American shale gas company. Wright, a boyish forty-something, gave their lordships a crash course in shale gas development, explaining the approach companies like his took in order to get gas out of the ground. Because every shale well is different, he said, shale companies have to experiment a bit, trying out different fracking recipes and techniques until they find one that works for them.