The renewable energy cult reckons “coal is dead”, but the market says otherwise. Thermal coal prices are off the charts, with record demand driving record prices: Australian thermal coal prices recently hit $US$400 ($548 a tonne), with prices still on the rise. The crowd that tells us that we’re only a heartbeat away from an all wind … Continue reading Never Brighter: Energy Starved Economies Guarantee Endless Demand For Fossil Fuel
Tag: Risk of investing in renewable energy
You’ve Been Had: Investors Drawn By Massive Solar Subsidy Scam
Add ‘wind’, ‘solar’ or ‘renewable’ to a financial asset and you’ll soon have a line of suckers between here and the horizon. The canny investor knows that, if it’s too good to be true, it is. However, that doesn’t curb the enthusiasm of those eager to take your money and run. Not that the habit … Continue reading You’ve Been Had: Investors Drawn By Massive Solar Subsidy Scam
Long Road to Run: Fossil Fuels Powering the Planet Now & For Generations To Come
Renewable energy rent seekers have turned the ‘it’s a climate catastrophe’ dial all the way to 11 in an effort to convince us that our only salvation is an all sun and wind powered future. At the top end of town where bank executives and institutional investors roam, the propaganda is directed at convincing ‘the … Continue reading Long Road to Run: Fossil Fuels Powering the Planet Now & For Generations To Come
Solar Eclipsed: Renewable Energy Investors Fret as Share Price Plummets
The hopes of renewable energy investors depend on subsidies to wind and solar lasting forever. Sadly, for those with skin in the game, the longevity of the subsidies, targets, mandates, penalties and fines - that make intermittent wind and solar profitable - are limited. The idea was, of course, that after a decade or so … Continue reading Solar Eclipsed: Renewable Energy Investors Fret as Share Price Plummets
WSJ Dares to Doubt: What if Wind & Solar ‘Transition’ Aren’t ‘Inevitable’, After All?
When the Wall Street Journal starts to question the inevitability of our ‘transition’ to an all wind and sun powered future, you know the gig is up. Until now, the WSJ has been a champion for the wind and solar ‘industries’ in the US. Playing to the myth that the wind and sun are ‘free’, … Continue reading WSJ Dares to Doubt: What if Wind & Solar ‘Transition’ Aren’t ‘Inevitable’, After All?
Long Way to Run: Warren Buffet Rejects All-Renewable Future With $10 Billion Bet on Oil & Gas
Australian voters just shredded the notion that the proletariat is wedded to heavily subsidised and chaotically intermittent wind and solar. Labor’s Bill Shorten sought to ram a 50% Renewable Energy Target down voter’s throats; a concept which the vast majority of them duly rejected. Sure, there were plenty of other issues that sank the Green/Labor … Continue reading Long Way to Run: Warren Buffet Rejects All-Renewable Future With $10 Billion Bet on Oil & Gas
Game Over: Europe’s Great Renewables Rush Faces Armageddon
Death and taxes are certainties, so is the fact that wind and solar investment disappears just as soon the subsidies are cut. Without massive (and seemingly endless) subsidies we wouldn’t be having this conversation: there would have been no such thing as wind and solar power, on any scale, or at all. Twelve countries in … Continue reading Game Over: Europe’s Great Renewables Rush Faces Armageddon
Climate Con-Job: You Know It’s a Ponzi Scheme When Pure Fantasy Has a Colossal Price
The wind industry is just the latest and largest in a long line of great Ponzi schemes, 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 wind turbines will run for 25 years, without the need … Continue reading Climate Con-Job: You Know It’s a Ponzi Scheme When Pure Fantasy Has a Colossal Price
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