**** In Australia, the wind industry exists - and ONLY exists - to wallow in a subsidy stream which will hit $3 billion annually in 2019; and continue at that colossal rate until 2031. The cost of the greatest subsidy rort in the history of the Commonwealth will exceed $45 billion - every last cent … Continue reading The Wind Industry: Always and Everywhere the Result of Massive & Endless Subsidies (Part 1)
Tag: investment risk wind power
Adam Creighton: Labor’s Ludicrous Wind Power Policy to Squander more than $100 Billion
**** In Sunday’s post, we detailed Labor’s descent into wind power madness – with its impossible push for a 50% renewable energy target. One of the immediate responses has come from the press-pack; who have now turned on the great wind power fraud with a vengeance. Journalists with a modicum of common sense have woken … Continue reading Adam Creighton: Labor’s Ludicrous Wind Power Policy to Squander more than $100 Billion
Electricity Bill Shorten Signs Suicide Note marked ‘Labor’ & ‘the Australian Wind Industry’
**** In a “we can’t believe our luck moment”, Labor’s ‘Electricity’ Bill Shorten came out last week to announce that Australia’s Labor Party is now hell-bent on destroying the Australian economy, with a 50% renewable energy target. Shorten’s lurch to the outer reaches of the intellectual cosmos - to a policy position that only the … Continue reading Electricity Bill Shorten Signs Suicide Note marked ‘Labor’ & ‘the Australian Wind Industry’
Australian Wind Industry’s ‘Armageddon’: PM Chops Public Finance for Wind Power
**** To call the mood amongst the wind industry, its parasites and spruikers “hysterical” is mastery in understatement. Their future is not just dark and dismal; it’s heading from catastrophic to cataclysmic. On every battlefront the wind industry is taking a pounding. New research confirming adverse health effects caused by incessant low-frequency noise and infrasound … Continue reading Australian Wind Industry’s ‘Armageddon’: PM Chops Public Finance for Wind Power
Bill Gates says Subsidies for Wind Power a Pointless Waste: Time to Back Nuclear & R&D on Systems that Can Actually Work
**** Gates: Renewable energy can’t do the job. Gov should switch green subsidies into R&D ‘Only way to a positive scenario is innovation’ The Register Lewis Page 26 Jun 2015 Retired software kingpin and richest man in the world Bill Gates has given his opinion that today’s renewable-energy technologies aren’t a viable solution for reducing … Continue reading Bill Gates says Subsidies for Wind Power a Pointless Waste: Time to Back Nuclear & R&D on Systems that Can Actually Work
Global Investment Collapses: Investors Wake Up to the Wind Power Delusion
*** The wind industry is in meltdown around the globe, simply because investors have woken up to the monumental RISKS. Risks like: - turbines falling apart in less than 2 years; under pressure from voters, governments pulling the plug on the massive subsidies essential to keep the scam rolling; neighbours suing the operators to obtain … Continue reading Global Investment Collapses: Investors Wake Up to the Wind Power Delusion
Senator Bob Day Aims the Blowtorch at the Great Wind Power Fraud
**** Bob Day is the Family First Senator for South Australia. He’s one of the good Senators sitting on the Senate’s Inquiry into the great wind power fraud; and he gets it. Here’s a recent press release from Bob which requires no further introduction or comment from us. WIND TURBINES NOW FACE OVERDUE SCRUTINY Wednesday … Continue reading Senator Bob Day Aims the Blowtorch at the Great Wind Power Fraud
Scots Go on the Offensive: Wind Power Outfits to be Sued & Wind Farms Shut Down Using Independent Noise Data
**** As we pointed out in this recent post, the Scots are a tenacious bunch of lads and lassies: Subsidies Scrapped: Scots Rejoice at Wind Industry’s Demise – Time for a Wee Highland Fling Delighted with David Cameron’s win - which heralds the demise of the wind industry in the UK - Highlanders have turned … Continue reading Scots Go on the Offensive: Wind Power Outfits to be Sued & Wind Farms Shut Down Using Independent Noise Data
Australia’s PM – Tony Abbott – Out to STOP THESE THINGS
**** Australia’s PM, Tony Abbott has never had a soft spot for the wind industry (see our posts here and here). Now, he’s effectively set fire to its chances of obtaining the finance it needs to carpet Australia with another 2,500 giant fans. The match was lit on Alan Jones’ breakfast Show last Thursday. Alan … Continue reading Australia’s PM – Tony Abbott – Out to STOP THESE THINGS
The Wind Industry: You Know It’s a ‘Ponzi’ Scheme When its Targets Include Schools & Councils
**** STT has pointed out just a few times that the wind industry is little more than the most recent and elaborate Ponzi scheme 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 … Continue reading The Wind Industry: You Know It’s a ‘Ponzi’ Scheme When its Targets Include Schools & Councils
STOP THESE THINGS 