Wind Industry Ponzi Scheme Collapsing: Pacific Hydro’s “Downfall”

**** Pacific Hydro is a name synonymous with wind industry skulduggery in Australia: the merciless treatment of its victims at Cape Bridgewater has been added to the annals of Australian corporate infamy, right up there with Aussie asbestos pedlar, James Hardie (see our post here). Pac Hydro has copped a pasting for riding roughshod over […]

Pacific Hydro’s Ponzi Scheme Implodes: Wind Power Outfit Loses $700 Million of Mum & Dad Retirement Savings

**** Pacific Hydro is a name synonymous with wind industry skulduggery in Australia: the merciless treatment of its victims at Cape Bridgewater has been added to the annals of Australian corporate infamy, right up there with Aussie asbestos pedlar, James Hardie (see our post here). Now, its slap-dash approach to management, and all-round corporate malfeasance, […]

Australia’s Clean Energy Regulator Doles Out $Billions in Subsidies to Non-Compliant Wind Farms

**** Last week saw some of the most bizarre “fun and games” ever seen before the Australian Senate, as the wind industry’s “friendlies” in the employ of the Government or its Agencies – such as the Clean Energy Regulator (CER), Clean Energy Finance Coporation (CEFC) and the NHMRC – were grilled over a range of […]