Rent seekers hoping to profit from the wind and solar scam are in meltdown, following the Liberal/National Coalition’s plan to take a nuclear power policy to the next Federal election. Wind and solar have no hope of surviving a meaningful, long-term nuclear power policy, and the wind and solar scammers know it. Nuclear power is … Continue reading New Nuclear Power Policy Kills Australia’s Wind & Solar Rollout
Tag: Collapse in wind power investment
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
Reality Bites: Europe’s Wind & Solar Disaster Forces Serious Reversal On ‘Green’ Transition
Eventually, order emerges from chaos. Thanks to the chaos of Europe’s self-inflicted wind and solar disaster, reality is starting to take hold, with the promise of order on the horizon. Investment in new wind turbines and solar panels has plummeted across Europe. Coal-fired power is back in vogue and nuclear plants are the next must-have. … Continue reading Reality Bites: Europe’s Wind & Solar Disaster Forces Serious Reversal On ‘Green’ Transition
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’
RE-Treat: Europe’s Repeated Wind & Solar Failures Force Renewable Energy Reversal
Germany and Britain are so heavily dependent on wind and solar, that gloomy, windless weather now presents an existential threat. The Germans have even coined a word for it: ‘dunkelflaute’. If mass blackouts during freezing winter weather weren’t a threat to millions of lives, it would almost be comical. What’s occurred is the perfect example … Continue reading RE-Treat: Europe’s Repeated Wind & Solar Failures Force Renewable Energy Reversal
Full-Steam Ahead: China Rejects Wind & Solar Power and Heads For Coal-Fired Future
No industrial economy has ever powered itself on sunshine and breezes; no country ever will. Wherever in the world the subsidies begin to dry up, so too has investment in new wind and solar capacity. Nowhere has that collapse been more prominent than in China. Which doesn’t quite fit with the meme that’s been run … Continue reading Full-Steam Ahead: China Rejects Wind & Solar Power and Heads For Coal-Fired Future
Rusting Monuments to Stupidity: Staggering Cost of Cleaning Up the Wind Industry’s Giant Mess
The wind industry is like the partying college students that trash their parent’s house, never sparing a thought about cleaning up the mess afterwards. With subsidies being slashed across the globe, the great wind industry ‘party’ will inevitably draw to a close. And the adults will need to raise the tricky issue about who cleans … Continue reading Rusting Monuments to Stupidity: Staggering Cost of Cleaning Up the Wind Industry’s Giant Mess
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 … Continue reading It’s-A-Knockout: European Wind Industry’s Total Collapse: Firms Bankrupt & Thousands Sacked
Scam Alert: Claims Offshore Wind Will Soon Power The World Are Pure Bunkum
Built on lies and fuelled by subsidies, the wind industry is the biggest government mandated scam in history. Around the world, governments have thrown trillions of dollars in taxpayer subsidies at wind power; set mandates and punitive targets and helped developers ride roughshod over rural communities. Out at sea, trawlermen are left furious as they … Continue reading Scam Alert: Claims Offshore Wind Will Soon Power The World Are Pure Bunkum
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 … Continue reading Colossal Collapse: Wind & Solar Investment Plummets as Subsidies Subside
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