Tag: investing in wind power

China’s & India’s Coal-Fired Power Push Ignores West’s Suicidal Wind & Solar Embrace

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

Beyond Pathetic: BP’s Offshore Wind Plans End With $Billion Investment Wipeout

Right now, the fastest way to lose cash is to invest in an offshore wind power outfit. Dozens of projects have been scrapped, and investors can’t be found outside of lunatic asylums. A while back British Petroleum (BP) tried to kid us that BP stood for Beyond Petroleum. A clever marketing ruse with all the … Continue reading Beyond Pathetic: BP’s Offshore Wind Plans End With $Billion Investment Wipeout

Transition to Insolvency: Europe’s Largest Wind Farm Facing Bankruptcy

The world’s greatest Ponzi scheme is imploding. The wind and solar scam was never going to last. Built on lies and running on subsidies the so-called wind and solar ‘industries’ are being belted from all sides. Rising costs, shrinking subsidies and hostile communities have taken the gloss from the greatest economic and environmental fraud of … Continue reading Transition to Insolvency: Europe’s Largest Wind Farm Facing Bankruptcy

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

Transition to Bankruptcy: Europe’s Wind Turbine Makers Face Massive Financial Collapse

Europe’s wind turbine makers are in financial freefall; with subsidies slashed, demand for turbines has collapsed, input costs are soaring and their Chinese competitors are benefiting from their cheap and reliable supplies of coal-fired power. Oh, the irony! The barely disguised panic in this article from ReCharge (one of Europe’s leading wind and solar propaganda … Continue reading Transition to Bankruptcy: Europe’s Wind Turbine Makers Face Massive Financial Collapse

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

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

Turbine Trouble: School Board’s Wind Turbine ‘Investment’ Ends in Financial Disaster

  As Warren Buffett put it: “We get a tax credit if we build a lot of wind farms. That’s the only reason to build them. They don’t make sense without the tax credit.” Buffett might have continued, that it’s the only reason anyone invests in them. Apart from the subsidies they attract, wind turbines … Continue reading Turbine Trouble: School Board’s Wind Turbine ‘Investment’ Ends in Financial Disaster