China and India are building coal-fired and nuclear power plants, hand over fist. Their rapid economic development hinges on access to reliable and cheap power to industry. Meanwhile, the West maintains its positively suicidal obsession with subsidised wind and solar. Whereas China profits handsomely - selling millions of solar panels made by Uighur slaves and … Continue reading China’s & India’s Coal-Fired Power Push Ignores West’s Suicidal Wind & Solar Embrace
Tag: Investing in solar power
Wanna Make a Small Fortune? Throw a Large Fortune at Wind & Solar
If you’re out to make a small fortune, start with a large one and invest every cent of it in the Ponzi scheme that is industrial scale wind and solar power generation. An even faster way to lose cash is to give it to the hucksters peddling so-called ‘green’ hydrogen, just about anything else that … Continue reading Wanna Make a Small Fortune? Throw a Large Fortune at Wind & Solar
Enron All Over Again: Wind & Solar Industries Become Total Financial Train Wrecks
Ponzi schemes last only as long as their creators can draw in fresh suckers. The wind and solar industries are fast running out of suckers. America’s Enron set the standards early, parading manufactured financial statements that never reflected the fact that Enron was a worthless house of cards. Gullible investors kept piling in, which helped … Continue reading Enron All Over Again: Wind & Solar Industries Become Total Financial Train Wrecks
Grand Green Dream Goes Up In Smoke: Wind & Solar Industries Face Total Collapse
That ‘industries’ built on lies, myths and subsidies are in freefall is hardly surprising. Nothing about intermittent wind and solar have never made any sense. Now the markets are starting to cotton on. Governments are refusing to bail out wind power outfits - rejecting their ever-increasing demands for ever-increasing subsidies. The knock-on effect on the … Continue reading Grand Green Dream Goes Up In Smoke: Wind & Solar Industries Face Total Collapse
Reliable & Affordable Electricity Means Unscrambling Subsidised Wind & Solar Debacle
An aggressive and ambitious Russian has caused policymakers to reflect on the debacle that is subsidised wind and solar. National security is now taken to equate with energy security; a chap with an insatiable thirst for power has revealed what Europe’s renewable energy transition will ultimately mean for those still pretending an all wind and … Continue reading Reliable & Affordable Electricity Means Unscrambling Subsidised Wind & Solar Debacle
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
‘Investing’ in Wind & Solar Power: Always and Everywhere – It’s About the Endless Subsidies
The so-called wind and solar ‘industries’ will last for as long as the subsidies keep flowing, and not one second more. Every time the subsidy reins get tightened, the rent seekers howl, claiming that they need them to run for just that little bit longer. Notwithstanding repeatedly crowing about wind and solar already being cheaper … Continue reading ‘Investing’ in Wind & Solar Power: Always and Everywhere – It’s About the Endless Subsidies
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
Sunset Industry: US Taxpayers Liable As Giant Solar-Thermal Power Plant (Crescent Dunes) Goes Bankrupt
US taxpayers are on the hook for hundreds of $millions following the spectacular financial collapse of the world’s biggest solar-thermal power plant, Crescent Dunes, situated in the Nevada desert, north-west of Las Vegas. South Australians (victims of their government’s obsession with chaotically intermittent wind and solar) can count themselves lucky that they didn’t end … Continue reading Sunset Industry: US Taxpayers Liable As Giant Solar-Thermal Power Plant (Crescent Dunes) Goes Bankrupt
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
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