Buying shares in wind and solar manufacturers makes horseracing and cocaine habits look like canny investments. Big wind turbine makers like Vestas and Siemens have destroyed $billions worth of value for their shareholders, as input costs skyrocket and revenues crash, smashing share prices along the way. Steve Goreham is an analyst who has been watching … Continue reading Making a Small Fortune Investing in Wind & Solar Means Starting With A Large One
Tag: Investing in renewable energy
Sun Sets On Subsidised Solar Scam: Solar Energy Share Prices Plummet 40% Overnight
Investors are dumping solar energy shares in the same way users discard worn out panels after their brutally short and punishingly expensive lives. Any ‘industry’ that relies for its existence on other people’s money never lasts all that long. As Margaret Thatcher put it: “The problem with socialism is that you eventually run out of … Continue reading Sun Sets On Subsidised Solar Scam: Solar Energy Share Prices Plummet 40% Overnight
Permanently Cancelled: No Way Back For Embattled Offshore Wind Industry
As the offshore wind industry implodes in the US, UK and Northern Europe it’s worth noting the class of villains responsible. Pitching the most insanely expensive method of occasionally generating electricity on a random and entirely chaotic basis took audacity; taking investors for a ride with them took a special kind of malice; and pretending … Continue reading Permanently Cancelled: No Way Back For Embattled Offshore Wind Industry
RE Bites Back: Europe’s Wind Turbine Makers Can’t Compete With Coal-Powered China
Victims of their own success, Europe’s wind turbine makers are being crushed by rocketing power prices - caused by reliance on intermittent wind and solar. Oh, the irony... The staggering surge in European energy costs has rendered them unable to compete with Chinese manufacturers, whose operations benefit from abundant supplies of nuclear and coal-fired power. … Continue reading RE Bites Back: Europe’s Wind Turbine Makers Can’t Compete With Coal-Powered China
You’ve Been Had: Investors Drawn By Massive Solar Subsidy Scam
Add ‘wind’, ‘solar’ or ‘renewable’ to a financial asset and you’ll soon have a line of suckers between here and the horizon. The canny investor knows that, if it’s too good to be true, it is. However, that doesn’t curb the enthusiasm of those eager to take your money and run. Not that the habit … Continue reading You’ve Been Had: Investors Drawn By Massive Solar Subsidy Scam
RE Rent Seekers Become Virus Victims: Wind & Solar Investment Collapses Post-Pandemic
Desperate times, call for desperate measures and there’s no group more desperate than the wind and solar ‘industries’. With the global economy in meltdown - thanks to crippling and seemingly interminable coronavirus lockdowns - investment in the unreliables has plummeted. In the USA, the wind and solar sector lost 106,000 jobs in March, with many … Continue reading RE Rent Seekers Become Virus Victims: Wind & Solar Investment Collapses Post-Pandemic
Fatal Attraction: Post-COVID Push For More Subsidised Renewables = Economic Suicide
If you’ve already bet the house on heavily subsidised and unreliable wind and solar and the economic oblivion that follows, there’s probably no reason to shift course. Including the global recession that’s followed as a consequence of the coronavirus lockdowns. As the adage goes, it’s easier to dupe someone than it is to convince them … Continue reading Fatal Attraction: Post-COVID Push For More Subsidised Renewables = Economic Suicide
Doomsday Fatigue: Corona-Mania Leaves Climate Change Hysteria For Dead
COVID-19 has spread its share of misery, made all the worse by the doomsday cult that cry ‘apocalypse’ at every challenge humanity faces. This is the same class of character who, barely weeks ago, were dressing up like goblins and gluing themselves to the roads in order to save us from, you guessed it, the … Continue reading Doomsday Fatigue: Corona-Mania Leaves Climate Change Hysteria For Dead
Long Road to Run: Fossil Fuels Powering the Planet Now & For Generations To Come
Renewable energy rent seekers have turned the ‘it’s a climate catastrophe’ dial all the way to 11 in an effort to convince us that our only salvation is an all sun and wind powered future. At the top end of town where bank executives and institutional investors roam, the propaganda is directed at convincing ‘the … Continue reading Long Road to Run: Fossil Fuels Powering the Planet Now & For Generations To Come
Share Prices Plummet: Market Punishes Wind Power Outfits For Over-Blown Output Forecasts
The wind industry is built on lies and runs on subsidies, so it’s no surprise that the market has taken revenge on wind power outfits pitching up overblown output forecasts. One of them, Orsted (part owned by the Danish government) has seen its share price slashed, as investors recognise that they’ve been had. The knock-on … Continue reading Share Prices Plummet: Market Punishes Wind Power Outfits For Over-Blown Output Forecasts
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