Full-blown Financial Meltdown: Offshore Wind Industry’s Collapse Accelerates

America’s offshore wind industry is collapsing, both figuratively and literally. Offshore turbines have grown in capacity and size to the point where they simply collapse into the ocean. As do the financial prospects of those seeking to profit from them. One of the key players offshore - GE’s renewables division - backed up a solid … Continue reading Full-blown Financial Meltdown: Offshore Wind Industry’s Collapse Accelerates

‘Green’ Energy Nirvana Collides With Brutal Reality: Wind & Solar Are Pointless

The world runs on luck and credit. The wind and solar ‘industries’ are running out of both. What might have sounded a little hopeful 20 years ago, sounds utterly ridiculous today. Talk about an all-wind and sun-powered future these days smacks of a mixture of delusion and desperation. Wind turbine manufacturers are bleeding cash, with … Continue reading ‘Green’ Energy Nirvana Collides With Brutal Reality: Wind & Solar Are Pointless