Share Prices Plummet: Market Punishes Wind Power Outfits For Over-Blown Output Forecasts

The wind industry is built on lies and runs on subsidies, so it’s no surprise that the market has taken revenge on wind power outfits pitching up overblown output forecasts. One of them, Orsted (part owned by the Danish government) has seen its share price slashed, as investors recognise that they’ve been had. The knock-on […]

Colossal Collapse: Wind & Solar Investment Plummets as Subsidies Subside

In the absence of endless subsidies, the wind and solar ‘industries’ would disappear in a heartbeat, which is precisely how things are panning out for renewable rent seekers in Australia. The idea that there is a natural market for electricity that can’t be delivered as and when it’s needed, is pure nonsense: hence the massive […]

Fear & Loathing Downunder: Australian PM’s Reliable Power Play Kills Dozens of Wind Power Projects Stone Dead

Gradually, painfully, the wind industry, its parasites and spruikers are coming to the realisation that Malcolm Turnbull’s National Energy Guarantee means the end of the greatest subsidy-soaked rort of all time. Among renewables rent-seekers, a few deluded souls are still kidding themselves that it will all blow over (so to speak), while, at the other […]