The truth about the great wind power fraud
The wind industry’s eventual implosion is inevitable and unavoidable, just like death and taxes. Start with the fact that these things can never deliver power as and when it’s needed, and you’ll begin to understand that the industry’s woeful performance sits at the heart of its current crop of mounting woes. Eventually all the loose […]
Turns out offshore wind power is more financial heartbreak than cash cow. Thanks to the phenomenal cost of repairing its undersea cables, Denmark’s Orsted is literally bleeding cash. The cost of fixing faulty cables connecting their turbines to each other and transmission facilities onshore is already in the hundreds of $millions, and set to rise […]
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. Instead of producing ‘free’ energy with purportedly ‘endless’ sea breezes, offshore […]
The wind industry is built on lies and runs on subsidies, so it’s no surprise that the market has taken revenge on wind power outfits pitching up overblown output forecasts. One of them, Orsted (part owned by the Danish government) has seen its share price slashed, as investors recognise that they’ve been had. The knock-on […]
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