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
Tag: investing in wind power
Kaput!: German Wind Farms Set for Dismantling as Subsidies Dry Up
Claims that wind turbines run on the smell of an oily rag and last for 25 years are a proven nonsense. What wind worshippers tend to forget is that these things have a useful (that is to say ‘economic’) lifespan of around 12 years. Subsidies are what built them. Subsidies are what run them. So, … Continue reading Kaput!: German Wind Farms Set for Dismantling as Subsidies Dry Up
Wind Power Threatens US Grid: Trump to Unwind Suicidal Renewables Policies
America is in the process of unwinding an economic suicide pact drawn up by Barack Obama, which wedded the Land of the Free to sunshine and breezes, at the expense of reliable and affordable power. Rick Perry Says Obama Policies ‘Threatened The Reliability’ Of The Electric Grid Daily Caller Michael Bastasch 27 June 2017 Energy … Continue reading Wind Power Threatens US Grid: Trump to Unwind Suicidal Renewables Policies
Shock, Horror! Wind Power Output Depends on Wind: Infigen Blames ‘Lack of Wind’ for Losses
*** Australia's publicly funded, green-left megaphone, the ABC has a hard time dealing with tough things like facts and consequences. So it must've been a rude shock to find out that the fortunes of wind power outfits depend upon ... ahem ... the weather. Lack of wind a big blow for Infigen ABC News Stephen … Continue reading Shock, Horror! Wind Power Output Depends on Wind: Infigen Blames ‘Lack of Wind’ for Losses
Renewables Rent-Seekers Panic as Wind Power Operators Forced to Pay Back-Up Costs
If there is one thing that renewables-rent-seekers dread more than calm and cloudy weather, it has to be uncertainty. Always keen to preach about how cheap wind power has become, but always reticent to release their grip on the subsidy teat, the wind industry, its parasites and spruikers are now in a flat panic after … Continue reading Renewables Rent-Seekers Panic as Wind Power Operators Forced to Pay Back-Up Costs
Renewables Rent-Seekers Reel as Trump Defies Climate-Cult & Delivers Fatal Blow to Paris Agreement
Donald Trump continues to infuriate the intelligentsia by delivering on the things he promised to deliver when he ran for President (how dare he!?!). They collectively dismissed him as a presidential hopeful and are still seething at the fact that they failed to predict his triumph; or, rather, to have guaranteed his defeat. Where the … Continue reading Renewables Rent-Seekers Reel as Trump Defies Climate-Cult & Delivers Fatal Blow to Paris Agreement
The Dangerous Road Ahead: The Wind Industry – Status Report
There are good reasons for serious and responsible players in the wind industry to be concerned about the industry’s future, and perhaps even more about corporate and personal liabilities. Liabilities there are, but for whom and when will they come visiting, are in the process of being established. Encouraged by now seen to be ignorant … Continue reading The Dangerous Road Ahead: The Wind Industry – Status Report
Elephant in the Room: Australia’s Renewable Energy Target the Cause of an Energy Calamity
Australia's energy crisis is all self-inflicted and largely down to the scaremongering waged by global warming catastrophists. A rolling jumble of false premises and false promises, the frenzied and ill-thought-out reaction to the 'threat' posed by CO2 gas has all but destroyed Australia's once natural advantage of having abundant, cheap and reliable energy. Here's The … Continue reading Elephant in the Room: Australia’s Renewable Energy Target the Cause of an Energy Calamity
Denmark’s Wind Farm Revolt: Danes Demand & Get Ban on New Wind Turbines
Denmark is the home of the original eco-fascist profiteers – Vestas – the struggling turbine maker – run by by a band of crooks – once exhorted the world to “Act on (its parallel universe version of the) Facts”: paying $millions to the Australian Greens and Trotskyite fronts like Getup! & Co – pitching lies … Continue reading Denmark’s Wind Farm Revolt: Danes Demand & Get Ban on New Wind Turbines
Born Lucky: Stars Align Perfectly for PM’s Son with Mammoth Bet on Wind Power Outfit Infigen
Life is a lottery. And lottery winners are a mixed bag. Sometimes it’s that battler from Bundaberg who scoops the jackpot, immediately pays off the mortgages of his mates and buys five identical V8 Holden Commodores. On other occasions, the lottery was won at birth. Sometimes the advantage of parentage is immediate and other times … Continue reading Born Lucky: Stars Align Perfectly for PM’s Son with Mammoth Bet on Wind Power Outfit Infigen