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
Tag: Britain energy policy cost
Outrageous Fortunes: Every ‘Green’ Job Costs British Taxpayers £250,000 Every Year
Every single job in Britain’s wind and solar industry is costing taxpayers £250,000 every year, ad infinitum. Currently that figure converts to AU$482,000 or US$310,000, which is hardly chump change for a feel good job creation scheme. And the fact that taxpayers will be forking out that kind of cash for every so-called ‘green job’ … Continue reading Outrageous Fortunes: Every ‘Green’ Job Costs British Taxpayers £250,000 Every Year
Net Zero Cult Destroying British Jobs, Demands £500 Million to Destroy 2,500 More
It only takes a moment’s consideration to appreciate that net zero carbon dioxide gas emissions targets are economic madness. Spent a moment or two considering what the object is and what is purportedly required to achieve it, and you’ll reach the conclusion that the world is in the grip of some kind of doomsday cult, … Continue reading Net Zero Cult Destroying British Jobs, Demands £500 Million to Destroy 2,500 More
No Bid: Offshore Wind Power Now So Expensive It Can’t Find Buyers
So much for all the cheap talk about wind power being cheap. Offshore wind power is so expensive it can’t attract a buyer. In the UK, the last round of the government’s annual auction - which awards 15-year contracts to wind and solar generators, taking their occasional produce at a set price - did not … Continue reading No Bid: Offshore Wind Power Now So Expensive It Can’t Find Buyers
Britain’s Wind Industry In Freefall: Rising Costs See More Major Projects Scrapped
The value of subsidies to wind power is falling, while the cost of erecting and operating these things has skyrocketed. The result is a complete collapse in wind power capacity investment in Britain, and elsewhere. The usual suspects are running a mile from projects that were (on paper) worth billions. While the wind industry pretends … Continue reading Britain’s Wind Industry In Freefall: Rising Costs See More Major Projects Scrapped
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