20 December

One of the most bizarre anti-renewables stories is that renewables only work because of big government subsidies. These graphs are from the International Energy Agency (IEA), and show the astronomical subsidies fossil fuels receive from governments, and it’s getting larger. And not only directly, it’s also costing governments hundreds of billions in ‘cost of living’ fuel relief, the second graph. Meantime solar and wind have ‘negative subsidies’ i.e. they actually make governments money, and push power prices down.