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Optimism is directly contradicted by financial analysis.

The Institute for Energy Economics and Financial Analysis ( #IEEFA ) concluded the project is NOT financially viable without "massive and consistent" #PublicSubsidies, and may struggle to break even under the best of circumstances.

Make Drax wait for its next subsidy deal. An FCA investigation is serious | Nils Pratley Ministers should find out what the regulator says before signing away a further £1.8bn of public money

www.theguardian.com/business/nil...
@nilspratley.bsky.social this is an opportunity to end subsidies not delay them. We also remind the world that these #PublicSubsidies are NOT paid by government, but as a sneaky undeclared tax via all our #ElectricityBills! Time to #AxeDrax for ever.

Minnesota legislature advances campaign finance reform bill repealing public subsidy program Minnesota's new bill repeals public subsidies and revises campaign finance statutes.

Minnesota's groundbreaking bill is shaking up the political landscape by repealing public subsidies and overhauling campaign finance laws!

Read the full story

#ME #PublicSubsidies #PoliticalReform #CitizenPortal #CivicAccountability #MaineCampaignFinance

Last one: the convulsion has to be that there are more critical and strategic investments needed to exclude #FossilFuels from the whole economy, so absolutely no #PublicSubsidies for #DAC.