At the risk of sounding like a broken record, we’ve said it before, and we’ll keep saying it – the wind industry exists – and ONLY exists – for one single purpose: to wallow in a massive subsidy stream that – in order to keep this monstrous Ponzi scheme alive – will need to outlast … Continue reading European Wind Power Outfits Reduced to ‘Subsidy Beggars’
Tag: investing in wind power
US Wind Industry Wilts as Wind Welfare Gets Slashed
The wind industry exists - and ONLY exists - for one single purpose: to wallow in a massive subsidy stream that - in order to keep this monstrous Ponzi scheme alive - will need to outlast religion. In Australia, the - already overflowing - wind power subsidy trough is designed to be refilled with $3 … Continue reading US Wind Industry Wilts as Wind Welfare Gets Slashed
The Wind Industry: Grinding to an Early Halt
*** Among the grab bag of lies pedalled by wind power outfits, and especially fan makers, is that these things will run on the smell of an oily rag, without the need of so much as a shifting spanner, for more than 25 years. The pitch is made to beguile the gullible (read, 'planning authorities', … Continue reading The Wind Industry: Grinding to an Early Halt
The Wind Industry’s Days of ‘Wine & Roses’ are Over: Australian Senate says Massive Subsidies Should End
**** Renewable energy handouts winding down The Australian Graham Lloyd 6 August 2015 There is a real-world example of what can happen when subsidies are cut and greater scrutiny is applied to renewable energy projects, buried in the pages of the much maligned Senate committee report into wind turbines and health. In January 2012, following … Continue reading The Wind Industry’s Days of ‘Wine & Roses’ are Over: Australian Senate says Massive Subsidies Should End
Australian Senate’s Recommendations to Curb the Wind Industry – Driven by Common Sense & Compassion
**** After almost 6 months, 8 hearings in 4 States and the ACT, dozens of witnesses and almost 500 submissions, the Senate Inquiry into the great wind power fraud has delivered its ‘doorstop’ final report, which runs to some 350 pages – available here: Senate Report The first 200 pages are filled with facts, clarity, … Continue reading Australian Senate’s Recommendations to Curb the Wind Industry – Driven by Common Sense & Compassion
The Wind Industry: Always and Everywhere the Result of Massive & Endless Subsidies (Part 2)
**** In yesterday’s post - The Wind Industry: Always and Everywhere the Result of Massive & Endless Subsidies (Part 1) - we covered the fact that the Australian wind industry exists - and ONLY exists - for one single purpose: to wallow in a subsidy stream which will hit $3 billion annually in 2019; and … Continue reading The Wind Industry: Always and Everywhere the Result of Massive & Endless Subsidies (Part 2)
Wind Power Ponzi Scheme Implodes: IFM Investors Ditches Pac Hydro & Pac Hydro, AGL and RATCH Ditch Wind Farms
**** The wind industry in Australia – as elsewhere – is in its death throes. STT has likened it to the great corporate Ponzi schemes, pointing out, just once or twice, that the wind industry is little more than the most recent and elaborate effort to fleece gullible investors, in a list that dates back … Continue reading Wind Power Ponzi Scheme Implodes: IFM Investors Ditches Pac Hydro & Pac Hydro, AGL and RATCH Ditch Wind Farms
Wind Industry Ponzi Scheme Collapsing: Pacific Hydro’s “Downfall”
**** Pacific Hydro is a name synonymous with wind industry skulduggery in Australia: the merciless treatment of its victims at Cape Bridgewater has been added to the annals of Australian corporate infamy, right up there with Aussie asbestos pedlar, James Hardie (see our post here). Pac Hydro has copped a pasting for riding roughshod over … Continue reading Wind Industry Ponzi Scheme Collapsing: Pacific Hydro’s “Downfall”
More Wind Power Outfits Go Bust: “Farmer-Investors” Lose their Shirts in the US
**** In Australia, the wind industry is in total melt-down, with many of its "BIG" players on the brink of financial collapse. And the dreadful "uncertainty" about the willingness of governments to continue fleecing power consumers and taxpayers - in order to keep throwing massive subsidies at the greatest rort of all time (which, on … Continue reading More Wind Power Outfits Go Bust: “Farmer-Investors” Lose their Shirts in the US
German Wind Power’s ‘Titanic’ Debacle: Bright Future for Coal Guaranteed, as Wind Power Investors Get Fleeced
**** The Germans went into wind power harder and faster than anyone else – and the cost of doing so is catching up with a vengeance. The subsidies have been colossal, the impacts on the electricity market chaotic and – contrary to the environmental purpose of the policy – CO2 emissions are rising fast: if … Continue reading German Wind Power’s ‘Titanic’ Debacle: Bright Future for Coal Guaranteed, as Wind Power Investors Get Fleeced
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