Industrial Devolution: Renewables Obsession Leaves German Industry Crushed By Rocketing Power Prices

No country went harder and faster with its renewable obsession than Germany. The rocketing power prices that inevitably followed are crushing its once thriving industries, including motor manufacturers such as Mercedes-Benz. The idea that a critical input cost to manufacturing can be tripled without affecting profitability and employment is, as any student of that dismal […]

It’s-A-Knockout: European Wind Industry’s Total Collapse: Firms Bankrupt & Thousands Sacked

The wholesale collapse of Europe’s wind industry suggests that so-called ‘sustainable’ energy ain’t so sustainable, after all. Big turbine manufacturers are sacking workers in droves, watching their share prices plummet and pulling out all stops to stave off bankruptcy. Accumulating hundreds of €millions in losses, turbine maker Senvion entered into self-administered bankruptcy/liquidation in April. Danish […]

Game Over: German Wind Industry In Freefall: Turbine Makers Sack Thousands in Mass Layoffs

The manufacturers of turbines and solar panels are dropping like flies, as subsidies are rolled back across Europe. So-called ‘green’ jobs are a case of easy come, easy go. The wind and solar ‘industries’ that gave birth to those jobs simply can’t survive without massive and endless subsidies, which means their days are numbered. With […]

Renewables ‘Transition’: UK Solar Industry Doomed as Subsidies Slashed – Panel Sales Plummet by 94%

Wasn’t it only yesterday we were told that wind and solar are so cheap that our RE ‘transition’ was inevitable? Well, that was then, this is now. Proving the point, we make almost every day – namely that there wouldn’t be wind turbines or solar panels, on any serious scale, anywhere in the world, in […]

Wind Industry Free-Fall: Subsidy Cuts Slashes Wind Power Investment & ‘Green’ Jobs

  Cut subsidies to wind and solar and their ‘industries’ disappear in a heartbeat. Across Europe the subsidies have been slashed and so too has wind power investment and thousands of groovy ‘green’ jobs. Twelve countries in the European Union (EU) failed to install “a single wind turbine” last year. And, as a result, the manufacturers […]

Sanity Shutdown: Staggering Cost of Australia’s Renewable Energy Policy

The economic destruction wreaked by Australia’s obsession with intermittent wind and solar was perfectly predictable and perfectly avoidable. Power prices have rocketed out-of-control, energy hungry industries are chopped from the grid whenever sunset and/or calm weather coincides with heavy demand during very hot or very cold weather. The boffins in charge of this calamity cynically […]

Mission Possible: Australia’s Renewable Energy Scam Destroying Reliable & Affordable Baseload Power

  Australia is in the process of destroying what was the world’s most reliable and affordable power supply. The destruction is all down to heavily subsidised and chaotically intermittent wind and solar. Meanwhile, our major Asian trading partners, China and Japan are chewing up Australian coal and uranium as fast as we can ship it […]