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. […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

Solar Eclipsed: Renewable Energy Investors Fret as Share Price Plummets

The hopes of renewable energy investors depend on subsidies to wind and solar lasting forever. Sadly, for those with skin in the game, the longevity of the subsidies, targets, mandates, penalties and fines – that make intermittent wind and solar profitable – are limited. The idea was, of course, that after a decade or so […]

Die Already: When Will the Wind and Solar ‘Industries’ Finally Collapse?

The wind and solar ‘industries’ are a pair that can’t survive without massive and endless subsidies, which means their days are numbered. Their ultimate demise is a matter of when, not if. The wind back in subsidies across Europe has all but destroyed the wind industry: in Germany this year a trifling 60 onshore wind turbines […]

Renewables ‘Transition’ Terminated: With Their Subsidies Slashed, the Honeymoon for Wind & Solar is Over

  Like a bride jilted at the altar, the wind and solar ‘industries’ are moaning about what could have been. Plenty of RE zealots managed to convince themselves that these so-called ‘industries’ were actually sustainable; that the subsidies that created them would ultimately prove unnecessary, or if not, taxpayers and power consumers would merrily pay […]