https://dailysceptic.org/2025/03/16/theres-no-such-thing-as-green-industry/
The Daily Sceptic
There’s No Such Thing as ‘Green’ Industry
by Ben Pile 16 March 2025 7:00 AM
News this week emerged about the collapse of Swedish battery startup Northvolt. “Like many companies in the battery sector,” the failed company’s website explained, “Northvolt has experienced a series of compounding challenges in recent months that eroded its financial position.” European Governments, including those of Britain and the EU, have long claimed that as pioneers of green policy and the ‘transition to a low carbon economy’, their policies will cause domestic industries and the green economy to boom. But instead of the green dream turning into reality, across the continent there is only a bleak economic outlook and deindustrialisation. Given that so much of this was predicted, yet those predictions met with policymakers’ intransigence, isn’t it time to ask if this nightmare is a feature of green policy, not merely a bug?
Established in 2016, Northvolt offered battery cells “produced with 100% fossil-free energy” which “represent the most sustainable products of their type in the world”. These super-green batteries were a rival to manufacturers mostly based in China, which enjoy dominant market position, thanks to the low cost of energy (much of which comes from coal) and greater control over supply chains. The company claimed to have $50 billion worth of orders on its books, and, according to the FT, had raised $15 billion of investment. But “neither Sweden nor the EU had provided the company with much financial support”, says the pink newspaper, citing “substantial Government subsidies” that Chinese manufacturers enjoy.
To read the rest of this article, you need to donate at least £5/month or £50/year to the Daily Sceptic, then create an account on this website. The easiest way to create an account after you’ve made a donation is to click on the ‘Log In’ button on the main menu bar, click ‘Register’ underneath the sign-in box, then create an account, making sure you enter the same email address as the one you used when making a donation. Once you’re logged in, you can then read all our paywalled content, including this article. Being a donor will also entitle you to comment below the line, discuss articles with our contributors and editors in a members-only Discord forum and access the premium content in the Sceptic, our weekly podcast. A one-off donation of at least £5 will also entitle you to the same benefits for one month. You can donate here.
There are more details about how to create an account, and a number of things you can try if you’re already a donor – and have an account – but cannot access the above perks on our Premium page.
Tags: ChinaClimate AlarmismGreen AgendaIndustryNet ZeroNorthvoltPropagandaRenewablesSweden
Donate
We depend on your donations to keep this site going. Please give what you can.
Donate Today
Comment on this Article
You’ll need to set up an account to comment if you don’t already have one. We ask for a minimum donation of £5 if you'd like to make a comment or post in our Forums.
Sign Up
Previous Post
News Round-Up
Subscribe
Login
Please log in to comment
To join in with the discussion please make a donation to The Daily Sceptic.
Profanity and abuse will be removed and may lead to a permanent ban.
1 Comment
Oldest
Marcus Aurelius knew
Marcus Aurelius knew
19 minutes ago
Northvolt:
“We weren’t as successful at grifting as we thought we would be.”
Sensible people:
“The whole of SaveThePlanet is absurd, because the premise is false.”
https://www.spacex.com/follow-dragon
https://x.com/Space_Station/status/1900623455516528761?t=OkJFDE6Cy1BM7Fowwd8aOg&s=19
The first stage booster supporting Crew-10 returned to Earth and landed at LZ-1
https://x.com/SpaceX/status/1900745213041344849?t=3jewJZHHsTdldkU-_qov6w&s=19
https://x.com/SpaceX/status/1900686603934461992?t=KwCOXwta4qjURVLhU0Az6g&s=19
#Crew10 for the win!
Commander @AstroAnnimal, Pilot @Astro_Ayers, JAXA astronaut Takuya Onishi, and Roscosmos cosmonaut Kirill Peskov are set to join astronauts at the @Space_Station no earlier than February 2025.
More: nasa.gov/news-release/n…
https://x.com/NASA_Astronauts/status/1819113572682572154?t=YQdUxtcU9is9iEcBBtxEHw&s=19
Kirill Peskov, Mission Specialist on Crew-10.
Born in Kyzyl, Tula, Kirill Peskov was a first officer for Russian airlines Nordwind and Ikar, operating Boeing 767s and Boeing 757s.
Peskov was made a cosmonaut in 2020, and Crew-10 is his first spaceflight.
📸 - @BrandonMWynn
...
There's a chance of seeing the Northern Lights this evening although the recent full moon will likely limit viewing opportunities to the northern half of Scotland
A further enhancement to the aurora is possible on Sunday night and we will keep you posted over the weekend 🌃
https://x.com/metoffice/status/1900579373721243958?t=KdXfkcdeoV-45OxBi08AAA&s=19