Share Prices Plummet: Market Punishes Wind Power Outfits For Over-Blown Output Forecasts

The wind industry is built on lies and runs on subsidies, so it’s no surprise that the market has taken revenge on wind power outfits pitching up overblown output forecasts. One of them, Orsted (part owned by the Danish government) has seen its share price slashed, as investors recognise that they’ve been had. The knock-on […]

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 […]

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 […]

Sudden Wind Change: Wind Industry Wilts as Ontario Scraps ‘Green’ Energy Act

Ontario’s Kathleen Wynne simultaneously destroyed her political fortunes, as she set about destroying one of Canada’s most productive provinces. A raft of policies drawn up by Wynne and her fellow eco-zealots, all safely ensconced in Toronto, resulted in thousands of these things being speared right across Ontario. Furious communities and rocketing power prices are the […]

End of Days: Wind Industry Faces Armageddon in Ontario as New Government Scraps Hundreds of Planned Projects

Stray dogs disappear when you stop feeding them: wind power outfits evaporate as soon as governments slash the mandates, targets and subsidies that nourish them. Back in June, the Progressive Conservatives snatched power from an arrogant and out-of-touch Liberal government, that was headed up by the malevolent Kathleen Wynne. One of their first moves was […]

Threat to Endless Subsidies Sends Australia’s Renewable Energy Companies Into Meltdown

Wind and solar power were both founded on lies and myth, and can only exist when and where massive subsidies are practically perpetual. Now that it’s become impossible for them to hide the obvious relationship between intermittent wind and solar and rocketing power prices and grid instability, the pleading to maintain the subsidies that sustain them, […]

Fear & Loathing Downunder: Australian PM’s Reliable Power Play Kills Dozens of Wind Power Projects Stone Dead

Gradually, painfully, the wind industry, its parasites and spruikers are coming to the realisation that Malcolm Turnbull’s National Energy Guarantee means the end of the greatest subsidy-soaked rort of all time. Among renewables rent-seekers, a few deluded souls are still kidding themselves that it will all blow over (so to speak), while, at the other […]