Burning Yen: Japanese Government Scraps Last Wind Turbines in Failed $580 Million Offshore Project

Apart from literally burning cash, there is no faster way to squander money than by piling it into an offshore wind power project. It’s hardly news that the true cost of generating electricity using wind power is staggering; the cost of doing so offshore is astronomical. But don’t take our word for it, the Japanese […]

Boris Goes Bonkers: UK Set to Squander A Further £50,000,000,000 On Failed Wind Power Experiment

If insanity is doing the same thing over and over again and expecting different results, then Boris Johnson is clearly barking mad. The UK PM’s latest cunning plan is to squander a further £50,000,000,000 on government guaranteed fixed price contracts – paying way above market rates – subsidies and taxpayer support for chaotically intermittent wind […]