When so-called ‘sustainable’ investment funds pull the plug on wind and solar, you know the party’s over. As 2023 closes out, ‘green’ energy investors are facing a brutal and harsh reality: wind and solar will never amount to meaningful power sources. Worse still, governments backing the grand wind and solar transition are having a hard … Continue reading ‘Green Energy’ Dream Collides With Harsh Reality: Wind & Solar Just Don’t Work
Tag: America wind power investment
No Upside: Wind Developers Pull Plug On Massive Offshore Projects Deemed ‘Uneconomic’
Some of America’s biggest planned offshore wind projects have recently been axed, with more to follow. Deemed ‘uneconomic’, potential investors and financiers are running a mile from what portend to be enormous white elephants. Where the true cost of onshore wind power is phenomenal, the cost of the offshore stuff is astronomical. Going offshore brings … Continue reading No Upside: Wind Developers Pull Plug On Massive Offshore Projects Deemed ‘Uneconomic’