Unbeknownst to taxpayers and power consumers, the wind industry has engineered the most outrageous raft of subsidies, mostly hidden and all massively generous. These include being paid hundreds of $millions to produce nothing at all, with what are called “constraint payments”. In Britain, taxpayers have stumped up £1 billion in constraint payments to wind power … Continue reading Brits Count Mounting & Staggering Wind Power Subsidy Cost
Tag: UK contracts for difference cost
Stand & Deliver: ‘Renewable’ Energy Rent-Seekers 21st Century Highwaymen
Wind and solar rent seekers have all the style and menacing panache of the 17th-century highwaymen. It takes real audacity to look your victims in the eye and demand even more subsidies on top of the obscene pile rent seekers have already drawn from taxpayers and power consumers. But these boys are dripping in audacity. … Continue reading Stand & Deliver: ‘Renewable’ Energy Rent-Seekers 21st Century Highwaymen
Latest Audacious Subsidy Grab Proves Offshore Wind Most Expensive Of All
For more than a decade, acolytes and crony capitalists have run the story that offshore wind power is free, and getting cheaper all the time. However, the reality doesn’t match the rhetoric. In the UK, offshore outfits refused to bid at the figures offered by government in the auction by which future (guaranteed) contract prices … Continue reading Latest Audacious Subsidy Grab Proves Offshore Wind Most Expensive Of All