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
Tag: Greens 100% renewable
Panic Erupts: Infigen Set to Offload Worn-Out Australian Wind Farms to Even ‘Greater Fools’
**** In the hard-hitting Danish docu-drama, Follow the Money, the Armani-suited executives of Energreen play a game of cat and mouse with the Fraud Squad, pumping up the value of their wind farm ‘assets’, while erasing anything from their books that investors might reasonably conclude were liabilities. Some viewers might call it ‘creative accounting’, others … Continue reading Panic Erupts: Infigen Set to Offload Worn-Out Australian Wind Farms to Even ‘Greater Fools’
South Australia: Proving Wind Power a Recipe for Social & Economic Disaster
The image above is taken from the Collins Picture Dictionary under the definition of 'chaos': complete confusion and disorder : a state in which behavior and events are not controlled by anything. To be fair, South Australia's power supply is 'controlled' ...... 'controlled' by the vagaries of the weather, that is. Renewables alone a recipe … Continue reading South Australia: Proving Wind Power a Recipe for Social & Economic Disaster
Out to Curb Rocketing Power Prices Denmark Slashes Subsidies for Offshore Wind Power
**** In what could pass for another episode of Danish Crime Thriller, 'Follow the Money', the Danish government has pulled the plug on 5 offshore wind farms; a move that will, no doubt, have the boys from Energreen & Co scribbling out hurried suicide notes. With power prices escalating out of control, Europe's wind power … Continue reading Out to Curb Rocketing Power Prices Denmark Slashes Subsidies for Offshore Wind Power
German Wind Farm Backlash Begins: Bavaria’s High Court Confirms 2KM Setback Rule
**** A couple of weeks back we ran a story on the Bavarian government's new mandatory setback rule (10 times the height: 10-H) which, with turbines towering 200m, means a minimum distance of 2km from homes. In closely settled Bavaria that rule spells the end for hundreds of proposed projects; and, coupled with the German … Continue reading German Wind Farm Backlash Begins: Bavaria’s High Court Confirms 2KM Setback Rule
Robert Bryce: the Insane Cost of Renewable Pipe Dreams – a Banquet of Consequences
Robert Bryce gets it. In the video above and the article below, Robert details the insane cost of attempting to power economies with sunshine and breezes; and does what policy makers have failed or refused to do: he connects the bitter consequences, born by the many, with the follies of the feckless few. Issues 2016: … Continue reading Robert Bryce: the Insane Cost of Renewable Pipe Dreams – a Banquet of Consequences
Australian Power Retailers Snub Wind & Turn to the Sun
STT has been pointing out for sometime now, the fact that Australia’s big 3 power retailers have been refusing to ‘play ball’ with beleaguered wind power cowboys, like near-bankrupt, Infigen and the union super fund backed disaster, Pacific Hydro. Commercial retailers have not entered any power purchase agreements with wind power outfits, since about November … Continue reading Australian Power Retailers Snub Wind & Turn to the Sun
US Wind Power Output Collapse: What Happens When the Wind Don’t Blow
Rock-a-bye baby, on the treetop, When the wind blows, the cradle will rock, When the bough breaks, the cradle will fall, And down will come baby, cradle and all. When your power generation 'system' depends on the whim of the Wind Gods, results can differ from the operators' professed claims. In the US, the Gods … Continue reading US Wind Power Output Collapse: What Happens When the Wind Don’t Blow
Climate Change Probably Won’t Kill You, But Having No Power Certainly Will
**** When we see the term 'AGW', we understand those that propound it to hold “global warming” as an irrefutable fact. It is, however, a theory with which there is only one problem: and that’s the evidence. Even the most hysterical have been forced to accept the fact that global surface temperatures have not budged … Continue reading Climate Change Probably Won’t Kill You, But Having No Power Certainly Will
Common Sense Prevails: Poland to Ban Wind Power
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 … Continue reading Common Sense Prevails: Poland to Ban Wind Power