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: subsidies
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
Not Cheap: Offshore Wind Power 4 Times the Cost of Gas and Nuclear Power
New Yorkers are paying a huge price of offshore wind power, which is 4 times the cost of their conventional supplies from gas and nuclear. So much for all that loose talk about wind power being cheap, clean and green. As Willis Eschenbach points out below, for an industry that brags about cost, wind power … Continue reading Not Cheap: Offshore Wind Power 4 Times the Cost of Gas and Nuclear Power
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
Green Hydrogen Meltdown: Carpetbaggers Crabwalk Away From ‘Clean Fuel’ Projects
Seems like only yesterday when ‘green’ hydrogen gas was the next big thing. And then, all of a sudden, it wasn’t. The story, or should we say fairytale, went something like this. Once upon a time there were millions of solar panels and wind turbines generating electricity in such a sporadic and chaotic fashion, that … Continue reading Green Hydrogen Meltdown: Carpetbaggers Crabwalk Away From ‘Clean Fuel’ Projects
Totally Busted: California’s Subsidised Solar Scam Implodes
Over-generous subsidies and guaranteed over-the-market prices are the only explanation for rooftop solar. Having millions of mini (occasional) rooftop generation stations (aka domestic residences) never made any sense. Producing notionally ‘useful’ power for 5 or 6 hours a day - weather permitting - never made any sense, but nothing about the grand wind and solar … Continue reading Totally Busted: California’s Subsidised Solar Scam Implodes
Simply Insatiable: Wind & Solar Keep Devouring & Demanding Massive Subsidies
For almost 40 years, wind and solar proponents have been telling us that the subsidies they rely on are only temporary. Which most understood to mean a few years, at most. Back in 1983 the American Wind Industry Association claimed that wind power would be “competitive and self-supporting on a national level by the end … Continue reading Simply Insatiable: Wind & Solar Keep Devouring & Demanding Massive Subsidies
Wind Power Subsidies Keep Rising But Total Wind Power Output Keeps Falling
The adage that ‘what goes up must come down’ doesn’t hold with wind power subsidies. And the idea that increasing those subsidies will naturally and inevitably result in more wind power output doesn’t hold water, either. We’re not talking about the daily - and day’s long - collapses in wind power output, but the total … Continue reading Wind Power Subsidies Keep Rising But Total Wind Power Output Keeps Falling
The Big ‘Renewable’ Energy Lie: Not Cheap, Not Clean, Not Green
Even the proles have worked out that wind and solar aren’t cheap, they aren’t clean and they most certainly aren’t green. Their rocketing power bills are enough evidence to dispose of the ‘cheap’ wind and solar myth. Millions of tonnes of spent solar panels and toxic wind turbine blades being ground up and heading to … Continue reading The Big ‘Renewable’ Energy Lie: Not Cheap, Not Clean, Not Green
Taxpayers Robbed Again: Offshore Wind Industry Gets More Massive Subsidies
Already the most heavily subsidised ‘industry’ on earth, the wind industry is in need of much more of the same. This time, as Dr John Constable explains below, it’s about politics. [Note to Ed: the renewables scam has always and everywhere been about pure politics] Apparently, wind power outfits have been choosing turbines, associated kit … Continue reading Taxpayers Robbed Again: Offshore Wind Industry Gets More Massive Subsidies
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