Unbeknownst to taxpayers and power consumers, the wind industry has engineered the most outrageous raft of subsidies, mostly hidden and all massively generous. These include being paid hundreds of $millions to produce nothing at all, with what are called “constraint payments”. In Britain, taxpayers have stumped up £1 billion in constraint payments to wind power … Continue reading Brits Count Mounting & Staggering Wind Power Subsidy Cost
Category: Big wind industry
No Hopers: Inability to Deliver On Demand Makes Wind & Solar Utterly Pointless
Part-time power has no commercial value, which is why wind and solar are utterly pointless. Every single MW of wind or solar has to be “backed up” with another MW from a dispatchable source, which in the main means coal, gas, nuclear or hydro. Contemplate where your power comes from on a calm night, and … Continue reading No Hopers: Inability to Deliver On Demand Makes Wind & Solar Utterly Pointless
Rent-Seeking Wind & Solar Scammers Stealing From Taxpayers
The great wind and solar scam has allowed crony capitalists to make out like bandits. While they couldn’t care less about delivering reliable and affordable power, try standing between them and a bucket of subsidies and they’ll soon respond. When depression era bank robber, Willie Sutton was asked by a journo why he robbed banks, … Continue reading Rent-Seeking Wind & Solar Scammers Stealing From Taxpayers
Power For The People: Communities Revolt Against Great Wind Industry Scam
The wind industry lost the battle for hearts and minds, years ago. No one buys the lies anymore, and anyone who has given energy a moment’s consideration recognises this grand government-backed fraud for what it is. No sentient being believes that we will obtain anything like meaningful power from a chaotic system, entirely dependent upon … Continue reading Power For The People: Communities Revolt Against Great Wind Industry Scam
Making a Small Fortune Investing in Wind & Solar Means Starting With A Large One
Buying shares in wind and solar manufacturers makes horseracing and cocaine habits look like canny investments. Big wind turbine makers like Vestas and Siemens have destroyed $billions worth of value for their shareholders, as input costs skyrocket and revenues crash, smashing share prices along the way. Steve Goreham is an analyst who has been watching … Continue reading Making a Small Fortune Investing in Wind & Solar Means Starting With A Large One
Never-Ending Story: Why Wind & Solar Wouldn’t Exist Without Massive Subsidies
The combined cost of renewable energy certificates, tax credits, soft loans and other subsidies is staggering. The total cost of which always lands with the power consumer and/or taxpayer, with the wholly unjustified benefits pocketed by crony capitalists, carpetbaggers and rent-seekers. The subsidised wind and solar scam has been running full throttle for more than … Continue reading Never-Ending Story: Why Wind & Solar Wouldn’t Exist Without Massive Subsidies
Floating Offshore Wind Turbines – Next Great Financial & Environmental Disaster
The environmental destruction caused by the offshore wind industry has completely flipped public opinion. The wanton destruction of marine habitats, fishing grounds and the wholesale slaughter of whales, dolphins and other marine mammals has drawn the same kind of attention that attracts people to multicar pileups. In this case, the characters responsible are easily identified … Continue reading Floating Offshore Wind Turbines – Next Great Financial & Environmental Disaster
Tangled Webs: How Crony Capitalists Built The Climate Industrial Complex
Crony capitalists come in all shapes and sizes, and so do their political enablers. The whole point of patronage, networking and gladhanding is obtaining benefits not available to anyone else. The only people that complain about a rort are those that aren’t in on it. The Climate Industrial Complex was built on will the back … Continue reading Tangled Webs: How Crony Capitalists Built The Climate Industrial Complex
Critters Crushed, Forests Trashed: Welcome To Your (Occasionally) Wind Powered Future
The wind and solar ‘industries’ profit from two tier environmental regulation. Where a gas or coal project gets knocked out of the park over a speckled banjo frog or a sea snake, the deliberate slaughter of rare and iconic creatures to make way for wind turbines or solar panels rarely raises an eyebrow with those … Continue reading Critters Crushed, Forests Trashed: Welcome To Your (Occasionally) Wind Powered Future
Offshore Wind Power Carries Colossal Cost and Delivers Zero Benefits
Never capable of delivering power on demand, offshore wind is as pointless as pushing on string. As the most expensive way of (occasionally) generating electricity, only the terminally insane would consider investing a nickel. Which is why rent-seekers rigged the game with massive subsidies, mandates and tax breaks from the get go. The value of … Continue reading Offshore Wind Power Carries Colossal Cost and Delivers Zero Benefits