Wind Power ‘Investors’ Cut & Run from Australia as Ponzi Scheme Implodes

*** 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 […]

Got Money in the Great Wind Power Ponzi Scheme? Then, Grab it & Get Out Now!

**** The wind industry in Australia – as elsewhere – is in its death throes. 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 […]

Community Wind Farm Investors Losing their Shirts

**** As the wind industry Ponzi scheme unravels around the globe, it’s so-called “community wind farms” that are taking a pounding. In the US, a bunch of farmers got fleeced for $millions as a wind power outfit running two small wind farms went belly up on the prairie (see our post here). STT has also […]

The Wind Industry: You Know It’s a ‘Ponzi’ Scheme When its Targets Include Schools & Councils

**** STT has pointed out just a few times that the wind industry is little more than the most recent and elaborate Ponzi scheme 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 […]

Wind Turbines Totally Suck, When the Wind Really Blows & When It Doesn’t

**** When the wind is “the thing”, that’s supposed to be your business – when it’s what makes the revenue (or, rather a massive pile of taxpayer and power consumer subsidies) flow – it seems a bit rich for wind power outfits to start whining about there being too much or too little. **** But, […]

2 Year Old Siemens Turbines Falling Apart: Wind Farm Investors, Get Out While You Can

These days, the spontaneous combustion of wind turbines is an occurrence so common that STT is thinking about opening a sub-branch that deals exclusively with their terrifying pyrotechnic-melt-downs. Giant fan conflagrations are 10 times more common than the wind industry and its parasites will ever admit (see our post here). And these unscheduled fireworks shows […]

Infigen Imploding: Puts US Wind Farms On the Market in Last-Ditch Attempt to Balance its Books

**** Infigen is an all-wind-power-outfit that used to be called Babcock and Brown, which collapsed in spectacular fashion back in 2009: the way things are headed, get set for a replay. Infigen is bleeding cash (it backed up a $55 million loss in 2011/12 with an $80 million loss in 2012/13 and keeps losing money, […]