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 … Continue reading Die Already: When Will the Wind and Solar ‘Industries’ Finally Collapse?
Tag: Investing in solar power
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 … Continue reading Renewables ‘Transition’ Terminated: With Their Subsidies Slashed, the Honeymoon for Wind & Solar is Over
Game Over: Europe’s Great Renewables Rush Faces Armageddon
Death and taxes are certainties, so is the fact that wind and solar investment disappears just as soon the subsidies are cut. Without massive (and seemingly endless) subsidies we wouldn’t be having this conversation: there would have been no such thing as wind and solar power, on any scale, or at all. Twelve countries in … Continue reading Game Over: Europe’s Great Renewables Rush Faces Armageddon
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’
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
Wind Power Subsidy Cuts Kill Thousands of Green Jobs: Siemens Sacks 6,000 Workers
The wind industry is little more than the most recent and elaborate effort to fleece gullible investors, in a list that dates back to “corporate investment classics”, 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 … Continue reading Wind Power Subsidy Cuts Kill Thousands of Green Jobs: Siemens Sacks 6,000 Workers