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
Tag: Investing in renewables
Totally Choked: Australian Wind Power Investment Suffers Massive Collapse
Renewable energy rent seekers are fuming because Australia’s power grid can’t take any more of their chaotically generated wind and solar power. The massive daily spikes and collapses in wind and solar power output have made the grid manager’s life a living hell: Hopeless Joke: Australia’s Wind Industry Keeps On Failing to Deliver the Goods As … Continue reading Totally Choked: Australian Wind Power Investment Suffers Massive Collapse
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
Colossal Collapse: Wind & Solar Investment Plummets as Subsidies Subside
In the absence of endless subsidies, the wind and solar ‘industries’ would disappear in a heartbeat, which is precisely how things are panning out for renewable rent seekers in Australia. The idea that there is a natural market for electricity that can’t be delivered as and when it’s needed, is pure nonsense: hence the massive … Continue reading Colossal Collapse: Wind & Solar Investment Plummets as Subsidies Subside
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 … Continue reading Solar Eclipsed: Renewable Energy Investors Fret as Share Price Plummets
Long Way to Run: Warren Buffet Rejects All-Renewable Future With $10 Billion Bet on Oil & Gas
Australian voters just shredded the notion that the proletariat is wedded to heavily subsidised and chaotically intermittent wind and solar. Labor’s Bill Shorten sought to ram a 50% Renewable Energy Target down voter’s throats; a concept which the vast majority of them duly rejected. Sure, there were plenty of other issues that sank the Green/Labor … Continue reading Long Way to Run: Warren Buffet Rejects All-Renewable Future With $10 Billion Bet on Oil & Gas
Reality Bites: Cheap Coal-Fired Power Killing Dreams of Australian Wind & Solar ‘Nirvana’
Wind and solar don’t compete with coal-fired power; never have, never will. You see, ‘competition’ involves starting from the same position, running the same race, over the same distance, without respite, laydown or let up. Calm weather and sunset don’t trouble coal-fired power plants (or gas or nuclear, for that matter). But the same can’t … Continue reading Reality Bites: Cheap Coal-Fired Power Killing Dreams of Australian Wind & Solar ‘Nirvana’
Climate Con-Job: You Know It’s a Ponzi Scheme When Pure Fantasy Has a Colossal Price
The wind industry is just the latest and largest in a long line of great Ponzi schemes, like the South-Sea Bubble and Dutch tulip mania. In the wind industry, the scam is all about pitching bogus projected returns (based on overblown wind “forecasts”) (see our posts here and here and here and here); claiming that wind turbines will run for 25 years, without the need … Continue reading Climate Con-Job: You Know It’s a Ponzi Scheme When Pure Fantasy Has a Colossal Price
End of Days: Wind Industry Faces Armageddon in Ontario as New Government Scraps Hundreds of Planned Projects
Stray dogs disappear when you stop feeding them: wind power outfits evaporate as soon as governments slash the mandates, targets and subsidies that nourish them. Back in June, the Progressive Conservatives snatched power from an arrogant and out-of-touch Liberal government, that was headed up by the malevolent Kathleen Wynne. One of their first moves was … Continue reading End of Days: Wind Industry Faces Armageddon in Ontario as New Government Scraps Hundreds of Planned Projects
D-Day For Australia’s Energy Debacle: End of Bipartisan Support Means End for Wind & Solar
As desperate as they are silly, Australia’s renewable energy rent-seekers and the zealots that do their bidding have called in an airstrike on their own position. Making nonsensical claims that adding even more heavily subsidised and chaotically intermittent wind and solar will lead to substantial reductions in retail power prices, has exposed these people for … Continue reading D-Day For Australia’s Energy Debacle: End of Bipartisan Support Means End for Wind & Solar
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