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 wind … Continue reading Wind Power: The Mother of All Taxpayer Subsidised Scams
Tag: Renewable policy Britain
UK Government Conceals Staggering Cost of Wind Power Subsidies
As STT keeps pointing out, it is the staggering cost of subsidising intermittent and unreliable wind power (for which there is no market in the absence of Soviet era mandates) that ultimately destroys the wind industry. Quite apparently aware of that fact, the UK government has sought to keep the lid on the figures which … Continue reading UK Government Conceals Staggering Cost of Wind Power Subsidies