Ponzi schemes last only as long as their creators can draw in fresh suckers. The wind and solar industries are fast running out of suckers. America’s Enron set the standards early, parading manufactured financial statements that never reflected the fact that Enron was a worthless house of cards. Gullible investors kept piling in, which helped … Continue reading Enron All Over Again: Wind & Solar Industries Become Total Financial Train Wrecks
Tag: Renewable energy investment
Game Over: German Wind Industry In Free Fall As Renewable Energy ‘Transition’ Hits the Wall
Germany’s wind industry is now demolishing wind turbines faster than it can build them. During 2020, the Germans managed to add a paltry 200 new wind turbines to its fleet of over 30,000. Meanwhile, hundreds have already been demolished and - with hundreds more reaching the end of their economic life - the only growth … Continue reading Game Over: German Wind Industry In Free Fall As Renewable Energy ‘Transition’ Hits the Wall