**** Contrasting with the delusions that continue to grip Australian’s political betters in Canberra (see our post here), sensible governments are rapidly retreating from the brink of energy market madness. The Americans are pulling the plug on Federal and State based subsidies for wind power outfits. Its ‘wind power’ states have cut their state based … Continue reading Brits’ Wind Power Nightmare to End Soon: Tories Set to Take the Axe to Subsidies
Tag: wind industry collapse
Texans Move to Slam Wind Power Subsidies
**** The great wind power fraud is in meltdown around the globe. In the US, ‘wind power’ states have cut their state based subsidies to wind power outfits (or are well on the path of doing so); and Republicans are out to prevent the extension of the Federal government’s PTC wind power subsidy: 2015: the … Continue reading Texans Move to Slam Wind Power Subsidies
UK Elections: Britain’s Deliverance from its Wind Power Disaster
**** Britain’s political betters have set it up for one enormous gamble. Britain is wagering its entire economic future on its – out of control – wind power debacle. Back in January last year, The Economist reported on the INSANE cost of delivering offshore wind power – where generators are guaranteed obscene returns – being … Continue reading UK Elections: Britain’s Deliverance from its Wind Power Disaster
2015: the Wind Industry’s ‘Annus Horribilis’; or Time to Sink the Boots In
**** Any 'business' model or industry that is built around endless streams of government mandated subsidies - like Australia's REC Tax/Subsidy or the US's Production Tax Credit - pins its hopes of long-term survival on the whims of our political betters, which tend to ebb and flow with the economics that dictate the fortunes of … Continue reading 2015: the Wind Industry’s ‘Annus Horribilis’; or Time to Sink the Boots In
Disappointing Dan: Liberal MP becomes Wind Industry Spruiker
**** STT has long had it’s doubts about Dan Tehan – a Federal MP from Western Victoria – who badges himself as a member of the Liberal Party, but who, despite his branding, increasingly sounds like the economic illiterates from the loopy-left, that have overrun the Labor Party. Well, any doubts we might have entertained … Continue reading Disappointing Dan: Liberal MP becomes Wind Industry Spruiker
US Republicans Line Up to Can Subsidies for Wind Power
**** Americans have had enough: enough of the wind industry’s constant bleating for ‘special’ treatment; enough of its dogged efforts to permanently maintain noise standards that are little more than a sick joke; and enough of its constant demands for subsidies that will – to keep the Ponzi scheme afloat – need to outlast religion. … Continue reading US Republicans Line Up to Can Subsidies for Wind Power
Wind Power Outfits in Meltdown: Michigan Moratorium Kills Projects to Protect its People
**** County OKs temporary halt to wind turbines Huron Daily Tribune Chris Aldridge 3 April 2015 BAD AXE — New wind projects will not be allowed in a majority of Huron County for up to six months, according to a moratorium county commissioners approved Thursday. The moratorium applies to 16 county-zoned townships, where about … Continue reading Wind Power Outfits in Meltdown: Michigan Moratorium Kills Projects to Protect its People
US “Wind Power States” Pull the Plug on Massive Wind Power Subsidy Schemes
**** This time last year, we took a look at the States in the US where $billions filched from power consumers and taxpayers have been thrown at wind power outfits, as a massive, and seemingly endless, stream of subsidies; and the skyrocketing power prices that have been the result: Want skyrocketing power prices? Just add … Continue reading US “Wind Power States” Pull the Plug on Massive Wind Power Subsidy Schemes
Wind Industry Howls & Predicts Mass Exodus from Australia as Subsidy Trough Dries Up
Australian windfarms face $13 bln wipeout from political impasse Reuters Byron Kaye 9 February 2015 * PM Abbott wants to cut state support for industry * Labor opposition won’t back cutting clean energy target * Uncertain support regime is causing a freeze in investment * Some predict an exodus of investment SYDNEY, Feb 8 (Reuters) … Continue reading Wind Industry Howls & Predicts Mass Exodus from Australia as Subsidy Trough Dries Up
Australian Wind Industry Hits the Wall: Claiming “Uncertainty” the Big KILLER
**** Clean energy spending plunges on RET uncertainty The Australian Sarah-Jane Tasker 13 January 2015 NEW clean energy investment in Australia has dropped to its lowest level since 2009, falling 35 per cent to $4.6 billion, driven by uncertainty over the renewable energy target. A severe downturn in large-scale asset financing helped push the figure … Continue reading Australian Wind Industry Hits the Wall: Claiming “Uncertainty” the Big KILLER
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