The so-called wind and solar ‘industries’ will last for as long as the subsidies keep flowing, and not one second more. Every time the subsidy reins get tightened, the rent seekers howl, claiming that they need them to run for just that little bit longer. Notwithstanding repeatedly crowing about wind and solar already being cheaper … Continue reading ‘Investing’ in Wind & Solar Power: Always and Everywhere – It’s About the Endless Subsidies
Tag: Cutting renewable subsidies
Wind Power’s Perfect Standstill: Total Collapse in New Construction Leaves German Wind Industry Suicidal
Germany was once a world beater when it came to erecting heavily subsidised wind turbines. Not anymore. So far this year, the German wind industry has managed to construct a mere 60 new onshore wind turbines across the entire country. Needless to say, Germany’s RE rent-seekers are crying ‘catastrophe’ and being advised to contact their … Continue reading Wind Power’s Perfect Standstill: Total Collapse in New Construction Leaves German Wind Industry Suicidal
Bluff & Bluster: US Wind Industry Furious Over Trump’s Promise to Slash Massive RE Subsidies
Way back in 1984, wind cultist Christopher Flavin’s told us that “in a few years’ time wind energy will not need to be subsidised.” 34 years on, the subsidies just keep on flowing and, without those subsidies, the so called wind ‘industry’ would disappear like a snowflake in summer. No matter where they ply their … Continue reading Bluff & Bluster: US Wind Industry Furious Over Trump’s Promise to Slash Massive RE Subsidies
Fixing Australia’s Power Pricing & Supply Crisis Means Cutting Subsidies to Wind & Solar, Right Now
The last thing Australia needs is another MW of intermittent power generation, which means slashing subsidies to wind and solar, right now. Thankfully, the new Energy Minister, Angus Taylor is determined to do just that. Taylor’s shortest route home is to fix the power market dispatch rules, which give preference to intermittent wind and solar. … Continue reading Fixing Australia’s Power Pricing & Supply Crisis Means Cutting Subsidies to Wind & Solar, Right Now
Doomsday: New Energy Minister – Angus Taylor Declares War On Subsidises for Wind & Solar
Angus Taylor’s elevation to Energy Minister is the beginning of the end for subsidised wind and solar in Australia. And the merry mix of zealots and profiteers that people the anti-carbon dioxide industrial complex, surely know it. As every history buff knows, the French Revolution kicked into gear when an angry mob overran the Bastille … Continue reading Doomsday: New Energy Minister – Angus Taylor Declares War On Subsidises for Wind & Solar
Cheap Reliable Energy Sets the USA Apart: Gas, Coal & Nuclear Sideline Subsidised Wind & Solar
America truly is exceptional: while plenty of Western democracies are still piling into subsidised wind and solar, the USA is getting out. Prior to the election of Donald J Trump, the US was on an economy wrecking trajectory, set by renewable energy rent seekers and the eco-zealots that champion their cause: numerous American states, not … Continue reading Cheap Reliable Energy Sets the USA Apart: Gas, Coal & Nuclear Sideline Subsidised Wind & Solar
No Way Back From RE Disaster: Energy Minister Abandons Australia’s Power Consumers
What passes for political leadership in this country is engaged in a wind and solar-fuelled economic suicide mission. Subsidies to grid wrecking wind and solar (when soft loans, green schemes and taxpayer handouts are added) are pushing $5 billion a year, punishing households and businesses alike. As wind and solar power capacity increases, power prices … Continue reading No Way Back From RE Disaster: Energy Minister Abandons Australia’s Power Consumers
Wind Power Subsidy Cuts Kill Thousands of Green Jobs: Siemens Sacks 6,000 Workers
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 wind industry, the scam is all about pitching bogus projected returns (based on overblown wind “forecasts”) (see our posts here and here and here and here); claiming that … Continue reading Wind Power Subsidy Cuts Kill Thousands of Green Jobs: Siemens Sacks 6,000 Workers
The Killing Season Begins: Renewable Energy Disaster Puts PM Malcolm Turnbull at Risk
In Canberra, political knives are being quietly sharpened in back rooms and corridors, with one target in mind. Malcolm Turnbull knifed sitting PM, Tony Abbott in September 2015, on the basis that Abbott had lost public support. Whatever Turnbull thought he might have done in power, if that included sorting out Australia’s self-inflicted power pricing and … Continue reading The Killing Season Begins: Renewable Energy Disaster Puts PM Malcolm Turnbull at Risk
Sheik-Down, Down-Under: Saudi Billionaire Pockets $300m in Renewable Subsidies
Saudi solar tycoon’s $300m handout The Australian David Crowe 19 September 2017 Australians are set to pay $300 million in subsidies to an outback solar farm owned by a Saudi Arabian billionaire in a new test of the federal government’s looming energy reforms, escalating a dispute over whether to cut the handouts to keep coal-fired … Continue reading Sheik-Down, Down-Under: Saudi Billionaire Pockets $300m in Renewable Subsidies
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