Wind power acolytes exhibit all the hallmarks of a cult. 20 years on, and anyone with critical faculties can explain in a sentence why wind power will never amount to meaningful power generation source. But the cultist still believes - running on a mix of blind faith, ignorance and blissful stupidity. Cults are never big … Continue reading Europe’s Wind Industry Collapse Leaves Wind Power Cult Searching For New False Idols
Tag: Europe wind industry investment
Mounting Losses Mean Sweden’s Wind Industry Faces Total Financial Collapse
Notwithstanding €billions in subsidies, Sweden’s embattled wind industry is on the brink of total financial collapse. The majority of Swedish wind power outfits are underwater, bleeding cash and have no hope of recovery. In the piece below, Carl Deconinck reports on the work of two economists, Christian Sandström and Christian Steinbeck, who conclude that the … Continue reading Mounting Losses Mean Sweden’s Wind Industry Faces Total Financial Collapse
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