**** To call the mood amongst the wind industry, its parasites and spruikers “hysterical” is mastery in understatement. Their future is not just dark and dismal; it’s heading from catastrophic to cataclysmic. On every battlefront the wind industry is taking a pounding. New research confirming adverse health effects caused by incessant low-frequency noise and infrasound … Continue reading Australian Wind Industry’s ‘Armageddon’: PM Chops Public Finance for Wind Power
Tag: wind farm investment
Bill Gates says Subsidies for Wind Power a Pointless Waste: Time to Back Nuclear & R&D on Systems that Can Actually Work
**** Gates: Renewable energy can’t do the job. Gov should switch green subsidies into R&D ‘Only way to a positive scenario is innovation’ The Register Lewis Page 26 Jun 2015 Retired software kingpin and richest man in the world Bill Gates has given his opinion that today’s renewable-energy technologies aren’t a viable solution for reducing … Continue reading Bill Gates says Subsidies for Wind Power a Pointless Waste: Time to Back Nuclear & R&D on Systems that Can Actually Work
Global Investment Collapses: Investors Wake Up to the Wind Power Delusion
*** The wind industry is in meltdown around the globe, simply because investors have woken up to the monumental RISKS. Risks like: - turbines falling apart in less than 2 years; under pressure from voters, governments pulling the plug on the massive subsidies essential to keep the scam rolling; neighbours suing the operators to obtain … Continue reading Global Investment Collapses: Investors Wake Up to the Wind Power Delusion
Scots Go on the Offensive: Wind Power Outfits to be Sued & Wind Farms Shut Down Using Independent Noise Data
**** As we pointed out in this recent post, the Scots are a tenacious bunch of lads and lassies: Subsidies Scrapped: Scots Rejoice at Wind Industry’s Demise – Time for a Wee Highland Fling Delighted with David Cameron’s win - which heralds the demise of the wind industry in the UK - Highlanders have turned … Continue reading Scots Go on the Offensive: Wind Power Outfits to be Sued & Wind Farms Shut Down Using Independent Noise Data
Community Wind Farm Investors Losing their Shirts
**** As the wind industry Ponzi scheme unravels around the globe, it's so-called "community wind farms" that are taking a pounding. In the US, a bunch of farmers got fleeced for $millions as a wind power outfit running two small wind farms went belly up on the prairie (see our post here). STT has also … Continue reading Community Wind Farm Investors Losing their Shirts
Labor, Greg Hunt & Australia’s Wind Industry Panic as LRET Set to Implode
**** Back in October last year, STT predicted that Australia’s Labor opposition would reject any moves by the Coalition to scale back the (completely unsustainable) Large-Scale Renewable Energy Target (LRET) (see our posts here and here). It was around that time, that the Coalition’s (killing) Industry Minister, Ian “Macca” Mcfarlane; and his youthful ward, (carpeting … Continue reading Labor, Greg Hunt & Australia’s Wind Industry Panic as LRET Set to Implode
Pacific Hydro’s Ponzi Scheme Implodes: Wind Power Outfit Loses $700 Million of Mum & Dad Retirement Savings
Pacific Hydro is a name synonymous with wind industry skulduggery in Australia: the merciless treatment of its victims at Cape Bridgewater has been added to the annals of Australian corporate infamy, right up there with Aussie asbestos pedlar, James Hardie (see our post here). Now, its slap-dash approach to management, and all-round corporate malfeasance, has … Continue reading Pacific Hydro’s Ponzi Scheme Implodes: Wind Power Outfit Loses $700 Million of Mum & Dad Retirement Savings
Pac Hydro Write-Down Proves Wind Farms Don’t Run on Wind, they Run on Subsidies
**** Remember all that huff and puff put out over the last few months by the Clean Energy Council and near-bankrupt wind power outfit, Infigen about wind power becoming so cheap as to be competitive with coal and gas fired generators? You know, the fantastic tales about wind power causing a reduction in Australian retail … Continue reading Pac Hydro Write-Down Proves Wind Farms Don’t Run on Wind, they Run on Subsidies