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 … Continue reading Share Prices Plummet: Market Punishes Wind Power Outfits For Over-Blown Output Forecasts
Tag: investing in wind power
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
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 … Continue reading Die Already: When Will the Wind and Solar ‘Industries’ Finally Collapse?
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’
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
Dog-Ate-My-Homework ‘Defence’: Wind Industry Blames Poor ‘Performance’ on the Weather
As Australia’s Energy Minister’s gathered for a panicked attempt to keep the subsidised renewable energy scam rolling for just that bit longer, the Wind Gods conspired to deflate their pumped-up rhetoric about Australia’s ‘inevitable transition’ to nature’s wonder fuels: sunshine and breezes. What’s depicted above, courtesy of Aneroid Energy, is the output from every wind … Continue reading Dog-Ate-My-Homework ‘Defence’: Wind Industry Blames Poor ‘Performance’ on the Weather
Risible Renewables: 30 Years and $Trillions in Subsidies – Wind & Solar’s Total Output Less than 1% of World Energy Demand
A decade from now, as grids collapse and businesses and households are driven into penury, because they can no longer afford their rocketing power bills, the current generation will have plenty of time to lament (albeit, sitting freezing or boiling in the dark). South Australians, with a deluded and dangerous Labor Premier, utterly obsessed with … Continue reading Risible Renewables: 30 Years and $Trillions in Subsidies – Wind & Solar’s Total Output Less than 1% of World Energy Demand
Guilty: Subsidised Wind & Solar Drive Australia’s Rocketing Retail Power Prices
Among the dwindling band of deluded wind and sun worshippers, no two words are more prone to send them into apoplexy than ‘South Australia’. Held up as the example of how to run an economy on sunshine and breezes (sprinkled with a liberal dose of pixie dust and batteries that cost $150 million to power … Continue reading Guilty: Subsidised Wind & Solar Drive Australia’s Rocketing Retail Power Prices
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