**** 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 US Wind Power Outfits Curse ‘El Niño’ for Massive & Mounting Losses
Tag: lending wind farms
Banks Baulk at Lending to Wind Power Outfits as Brits Slash Subsidies & Communities Fight Back
**** 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
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
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