Enron All Over Again: Wind & Solar Industries Become Total Financial Train Wrecks

Ponzi schemes last only as long as their creators can draw in fresh suckers. The wind and solar industries are fast running out of suckers. America’s Enron set the standards early, parading manufactured financial statements that never reflected the fact that Enron was a worthless house of cards. Gullible investors kept piling in, which helped … Continue reading Enron All Over Again: Wind & Solar Industries Become Total Financial Train Wrecks

Reality Bites: Europe’s Wind & Solar Disaster Forces Serious Reversal On ‘Green’ Transition

Eventually, order emerges from chaos. Thanks to the chaos of Europe’s self-inflicted wind and solar disaster, reality is starting to take hold, with the promise of order on the horizon. Investment in new wind turbines and solar panels has plummeted across Europe. Coal-fired power is back in vogue and nuclear plants are the next must-have. … Continue reading Reality Bites: Europe’s Wind & Solar Disaster Forces Serious Reversal On ‘Green’ Transition