The business case for wind and solar rests entirely on subsidies, which rest entirely on political sentiment. With punishing power bills causing increasing anger amongst the proles’, it’s getting harder for politicos to justify their delusional renewable energy/net-zero carbon dioxide gas emissions targets. That shift in the political mood feeds directly into the dreaded ‘sovereign … Continue reading Killer App: Nuclear Moves Destroy Business Case For Subsidised Wind & Solar
Tag: wind power investment
Renewable Energy Rip-off: Wind & Solar Consistently Fail to Deliver the Goods
Adding wind and solar capacity is a bit like pushing on string; the outcome never matches the effort applied. Across the globe, it’s true to say that there has been a massive expansion in wind and solar power capacity. However, as Rafe Champion points out below, there’s a yawning gulf between the notional capacity of … Continue reading Renewable Energy Rip-off: Wind & Solar Consistently Fail to Deliver the Goods
Rusting Monuments to Stupidity: Staggering Cost of Cleaning Up the Wind Industry’s Giant Mess
The wind industry is like the partying college students that trash their parent’s house, never sparing a thought about cleaning up the mess afterwards. With subsidies being slashed across the globe, the great wind industry ‘party’ will inevitably draw to a close. And the adults will need to raise the tricky issue about who cleans … Continue reading Rusting Monuments to Stupidity: Staggering Cost of Cleaning Up the Wind Industry’s Giant Mess
Frydenberg’s Folly: Australia’s Renewable Energy Target Destined to be Capped or Scrapped
When a policy is unsustainable, either it will collapse under its own ponderous weight, or its promoters will eventually be forced to scrap it. Australia’s Large-Scale Renewable Energy Target is just such a policy. In the cutting British satire, Extras, the hapless Andy Millman (Ricky Gervais) is always foiled by his gormless but lovable side-kick, … Continue reading Frydenberg’s Folly: Australia’s Renewable Energy Target Destined to be Capped or Scrapped
Wind Industry’s Deathknell: Wind Power Shortfall Means Power Consumers Will be Forced to Pay $20 Billion in Fines
*** While the short-term fortunes wind power outfits have never looked brighter, the fact that the price of RECs (aka LGCs) has recently gone through the roof is a signal that the game is all but up. Before we detail why the wind industry is on its last legs, we’ll start with a couple of … Continue reading Wind Industry’s Deathknell: Wind Power Shortfall Means Power Consumers Will be Forced to Pay $20 Billion in Fines
Wind Industry Still Wailing About ‘Uncertainty’ as Australian Retailers Continue to Reject Wind Power ‘Deals’
[Could it be something about the 'product', maybe?] Back in February this year, STT covered the unassailable fact that Australia’s Large-Scale Renewable Energy Target (LRET) - then set at a colossal 41,000 GWh - was completely unsustainable on every level - economic, political and social: LRET “Stealth Tax” to Cost Australian Power Punters $30 BILLION … Continue reading Wind Industry Still Wailing About ‘Uncertainty’ as Australian Retailers Continue to Reject Wind Power ‘Deals’
Australian Wind Industry’s ‘Armageddon’: PM Chops Public Finance for Wind Power
**** 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
Germany’s Wind Power Debacle: Economic Destruction on an “Astronomical Scale”
**** STT keeps a close eye on Germany. It’s held up by eco-fascist nut jobs around the globe as the wind power “Super Model” - although, as we pointed out in this recent post, their “pin-up girl” is looking a little worse for wear: Germany’s Wind Power ‘Dream’ Becomes a Living Nightmare Last week - … Continue reading Germany’s Wind Power Debacle: Economic Destruction on an “Astronomical Scale”
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
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
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