Game Over: German Wind Industry In Freefall: Turbine Makers Sack Thousands in Mass Layoffs

The manufacturers of turbines and solar panels are dropping like flies, as subsidies are rolled back across Europe. So-called ‘green’ jobs are a case of easy come, easy go. The wind and solar ‘industries’ that gave birth to those jobs simply can’t survive without massive and endless subsidies, which means their days are numbered. With […]

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 […]

Flat Broke & Busted: German Wind Turbine Maker Senvion’s Spectacular Financial Collapse

Cut the subsidies and the wind industry would disappear in a heartbeat. The business model (read ‘colossal government mandated scam’) has all the hallmarks of an enormous Ponzi scheme – the wind industry’s demise is a matter of when, not if. The withdrawal of subsidies across Europe has taken its toll, as the number of […]

Vermont’s Wind Industry Doomed as REC Price Plummets & Trump Signals End to PTC

Renewable energy’s economic model collapsing as REC prices plummet Vermont Watchdog Michael Bielawski 9 December 2016 Green energy projects are often said to be cost-effective, but one of the financial aids that makes them viable has lost significant value, and appears to be on the verge of collapsing. Over the past year, renewable energy credits, […]

Spain’s Subsidy Cut sees Wind Industry Collapse: NO Capacity Installed Since 2014

**** The Spanish wind industry faces its coup de grâce for the very same reason that the wind industry is on the ropes in the UK, Germany, the US, here and elsewhere: either the massive subsidies that have driven the greatest fraud of all time have actually been cut; or there’s the inevitable prospect that […]

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 […]

Larry Pickering: on the Quixotic Calamity of Wind

*** Larry Pickering is a four-time Walkley Award winning political commentator and Churchill Fellow, whose life’s work has been irritating the loopy-left. Here he is slaying the great wind power fraud. It’s more than a Quixotic Calamity Larry Pickering The Pickering Post 20 June 2015 **** The European Renewable Energy Foundation, a Green body supportive […]