**** Our British counter-parts are on a roll. Since David Cameron’s thumping election win, wind power outfits in the UK have been copping a belting on all fronts. And the same is true across the ditch in the Emerald Isle. Furious communities from Armagh to Kerry; and John O'Groats to Cornwall are gathering strength and … Continue reading Banks Baulk at Lending to Wind Power Outfits as Brits Slash Subsidies & Communities Fight Back
Tag: investment risk 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
Brits Crush Plans for Huge Offshore Wind Power Disaster
Navitus Bay wind farm refused permission by government BBC News 11 September 2015 A proposed wind farm off the south coast of England has been refused consent by the government. Developers behind the Navitus Bay project - for up to 121 turbines off Dorset, Hampshire and the Isle of Wight - say it would have … Continue reading Brits Crush Plans for Huge Offshore Wind Power Disaster
Australia’s Most Notorious Wind Power Outfit – Infigen – Blames $304 Million Loss on the WIND
**** Infigen is an all-wind-power-outfit that used to be called Babcock and Brown, which collapsed in spectacular fashion back in 2009: the way things are headed, get set for a replay. As an investment 'prospect', Infigen is all about bleeding cash. It backed up a $55 million loss in 2011/12 with an $80 million loss … Continue reading Australia’s Most Notorious Wind Power Outfit – Infigen – Blames $304 Million Loss on the WIND
Wind Power Ponzi Scheme Running Out of Puff
*** Who would have thought, hey? That a wholly weather dependent power generation ‘system’, actually depended upon …. the weather? In the mother of all ironies, wind power outfits in the US - well, everywhere, really - are cursing the Wind Gods, as their puffed up promised profits plummet; and investors fume. The wind industry … Continue reading Wind Power Ponzi Scheme Running Out of Puff
China’s Wind Power ‘Dream’ Wilts as Subsidies Wound Back
*** In recent times – with the wind industry taking a belting around the planet – its spruikers have taken to clinging to any vestige of hope, with the anxious zeal of shipwreck survivors happening upon a little fortuitous flotsam. One such “hope”, is their belief that China provides the perfect example of what wind … Continue reading China’s Wind Power ‘Dream’ Wilts as Subsidies Wound Back
Forces Marshall in International Revolt Against the Great Wind Power Fraud
*** Across the Globe - wherever these things things have been threatened upon rural communities - or the threat has been realised - outrage follows. One line spun is that the hostility is an entirely English speaking phenomenon. That piffle was firmly skewered by Lilli-Anne Green (an American researcher and documentary film-maker, who has spoken … Continue reading Forces Marshall in International Revolt Against the Great Wind Power Fraud
Wind Power ‘Investors’ Cut & Run from Australia as Ponzi Scheme Implodes
*** 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 to “corporate investment classics”, like the South-Sea Bubble and Dutch tulip mania. In the … Continue reading Wind Power ‘Investors’ Cut & Run from Australia as Ponzi Scheme Implodes
Got Money in the Great Wind Power Ponzi Scheme? Then, Grab it & Get Out Now!
**** 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 Got Money in the Great Wind Power Ponzi Scheme? Then, Grab it & Get Out Now!
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
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