Once a world 'leader', Germany’s wind industry is on the brink of total collapse; new construction has ceased, and bankrupt turbine makers are sacking thousands of workers. Limit your worldview to the mainstream press and you’d be forgiven for thinking Germany is well on its way to an all wind and sun powered future, and … Continue reading Wind Power Investment Collapses as Germany’s Wind Industry Faces Total Armageddon
Tag: collapse wind power companies
Lessons from Denmark: Danes Slash Wind Power Subsidies to Salvage Economy
The wind industry is mounted on myth and fuelled by fantasy. In Australia, its parasites and spruikers must believe that we are still cut off from the known world (suffering from what was referred to as the “tyranny of distance”) when they peddle stories about Europeans still being wedded to wind power. On that score, … Continue reading Lessons from Denmark: Danes Slash Wind Power Subsidies to Salvage Economy
UK’s Wind Power Nightmare Hits High Farce: Having Wrecked Everything, Wind Industry Now Says ‘Britain Not Windy Enough’
Wind is an occasional ally in all sorts of recreational pursuits: sailing, kite surfing, puffing on a ready-to-burst dandelion and watching their parasol seeds drift skywards, and the childish delight of sending kites aloft. But it's taken a special breed of Muppet to turn a source of sporadic fun into a ridiculously expensive, sometime source … Continue reading UK’s Wind Power Nightmare Hits High Farce: Having Wrecked Everything, Wind Industry Now Says ‘Britain Not Windy Enough’
Freefall: Wind Power Investment Collapses in Europe
In a 'what goes around comes around' kind of way, it's fitting that the great wind power fraud is taking European 'investors' - of the Energreen mold - to the cleaners. The subsidies have run out and, as night follows day, investors are racing to the exits - which brings the greatest Ponzi scheme of … Continue reading Freefall: Wind Power Investment Collapses in Europe
Ponzi Power: US Wind Power Company – Sun Edison – Implodes
**** STT has likened it to the great corporate Ponzi schemes, pointing out, just once or twice, that the wind industry is little more than the most recent and elaborate effort to fleece gullible investors, in a list that dates back to “corporate investment classics”, like the South-Sea Bubble and Dutch tulip mania. In the … Continue reading Ponzi Power: US Wind Power Company – Sun Edison – Implodes
Spain Puts its Economy Destroying Wind Industry to the Sword: ZERO MWs Installed in 2015
España launched into a subsidy-drenched, wind rush almost 20 years ago; for which it’s been lionized by wind-worshippers, worldwide. But its effort to conquer the wind and wallow in taxpayers’ (forced) largesse wasn’t confined to its own sunny climes. Like the Conquistadors of old, its wind power outfits launched off to all points, in search … Continue reading Spain Puts its Economy Destroying Wind Industry to the Sword: ZERO MWs Installed in 2015
Germany’s Wind Power Disaster: the Perfect Lesson on How to Simultaneously Wreck an Economy & the Environment
The Germans went into wind power harder and faster than anyone else – and the cost of doing so is catching up with a vengeance. The subsidies have been colossal, the impacts on the electricity market chaotic and – contrary to the environmental purpose of the policy – CO2 emissions are rising fast: if “saving” … Continue reading Germany’s Wind Power Disaster: the Perfect Lesson on How to Simultaneously Wreck an Economy & the Environment
Wind Power Investment Collapses in Sweden, Denmark, Finland & Norway
**** When the wind industry and its worshippers start chanting their mantras about the ‘wonders’ of wind, it isn’t long before they start preaching about the examples purportedly set by the Europeans; and, in particular, the Nordic nations. That the wind power fraud was driven by Denmark’s struggling turbine maker, Vestas probably has a fair … Continue reading Wind Power Investment Collapses in Sweden, Denmark, Finland & Norway
Got Money in the Great Wind Power Ponzi Scheme? Then, Grab it & Get Out Now!
**** The wind industry in Australia – as elsewhere – is in its death throes. STT has likened it to the great corporate Ponzi schemes, pointing out, just once or twice, that the wind industry is little more than the most recent and elaborate effort to fleece gullible investors, in a list that dates back … Continue reading Got Money in the Great Wind Power Ponzi Scheme? Then, Grab it & Get Out Now!
The Wind Industry: Always and Everywhere the Result of Massive & Endless Subsidies (Part 2)
**** In yesterday’s post - The Wind Industry: Always and Everywhere the Result of Massive & Endless Subsidies (Part 1) - we covered the fact that the Australian wind industry exists - and ONLY exists - for one single purpose: to wallow in a subsidy stream which will hit $3 billion annually in 2019; and … Continue reading The Wind Industry: Always and Everywhere the Result of Massive & Endless Subsidies (Part 2)
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