The truth about the great wind power fraud
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. […]
The wind industry once held a kind of ‘social licence’. Now that ‘licence’ has been revoked, with rural communities in uproar. In Germany, new wind farm construction has ground to a halt this year – and across the USA the same pattern is emerging. Local governments, legislators and conservation groups have united to pull the […]
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 […]
Over-run by these things, faced with thousand of furious neighbours demanding an end to the onslaught, and spiralling power costs, Poland has mounted an enormous about face: where wind power was the flavour of the month for a year or two, it’s about to be targeted with an outright ban. WARNING: in following this piece […]
**** The Spanish wind industry faces its coup de grâce for the very same reason that the wind industry is on the ropes in the UK, Germany, the US, here and elsewhere: either the massive subsidies that have driven the greatest fraud of all time have actually been cut; or there’s the inevitable prospect that […]
**** 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. The latter have seen economics hit back with a vengeance; wind power investment has thoroughly collapsed: Wind […]
**** 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 […]
**** 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 […]
The Germans are rueing the day the bought into the great wind power fraud. 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 Australian wind industry is copping a belting from all sides at the moment. With the Senate Inquiry about to release its final report on the great wind power fraud; retailers flatly refusing to enter long-term Power Purchase Agreements – essential to obtain finance for new wind farms; and with an increasing number of […]
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