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‘Green’ UK power station owner cuts down primary forests in Canada

A company that has received billions of pounds in green energy subsidies from UK taxpayers is cutting down environmentally-important forests, a BBC Panorama investigation has found. Drax runs Britain’s biggest power station, which burns millions of tonnes of imported wood pellets – which is classed as renewable energy. The BBC has discovered some of the […]

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Experts blame green energy for Europe’s full-scale energy crisis

Green energy policies in Europe designed to rapidly shift the continent away from fossil fuel dependence have contributed to soaring power prices in the region. The European benchmark index measuring future electricity prices increased to a record $993 per megawatt hour (MWh) on Monday, days after prices in France and Germany surged 25%, according to […]

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Green-Energy Inflation is on the way

If you think inflation is bad, wait until the rest of the commodity markets really heat up. Although prices for basic materials like copper, aluminum, nickel and steel—used to build everything—have already inflated, they haven’t yet escalated as much as fuels and energy-driven commodities like food. But they will if European and U.S. policy makers […]