Wind Power Subsidy Cuts Kill Thousands of Green Jobs: Siemens Sacks 6,000 Workers

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 industry, the scam is all about pitching bogus projected returns (based on overblown wind “forecasts”) (see our posts here and here and here and here); claiming that […]

Europe Squanders €1.1 trillion on Wind & Solar: But Gets Only 4% of its Power from Sun & Wind

This piece was published last year, but the message is so stark it’s well-worth revisiting. Despite spending €1,100,000,000,000 on large-scale wind and solar generation, the amount of power being actually delivered in return is risible: The actual measured output by 2014 from data supplied by the Renewables Industry has been 38 Gigawatts or 3.8% of Europe’s electricity […]