The truth about the great wind power fraud
The wind industry has been firmly attached the subsidy teat for more than 30 years. Talk about being competitive with conventional generators is patent nonsense: cut the subsidies and this so-called ‘industry’ would disappear in a heartbeat. Whether it’s in Western Victoria, South Australia or in the midwest of the USA, wind power is always […]
America is in the process of unwinding an economic suicide pact drawn up by Barack Obama, which wedded the Land of the Free to sunshine and breezes, at the expense of reliable and affordable power. Rick Perry Says Obama Policies ‘Threatened The Reliability’ Of The Electric Grid Daily Caller Michael Bastasch 27 June 2017 Energy […]
A couple of weeks back we covered the story of how the Republicans are lining up to slash wind power subsidies to the bone: America Set to Cut Subsidies to Wind Power & Prevent Grid Chaos And from all reports, their President needs little encouragement, as Slim Jim Delingpole reports (as an aside, STT was chuffed […]
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, […]
**** At an economic level, subsidising the production of a good or the provision of a service makes sense where there is complete market failure, such that the good or service will never be supplied (or only at a price which is practically un-affordable to the majority of consumers); and where the total benefit to […]
**** Wind Power Is Intermittent, But Subsidies Are Eternal Wall Street Journal Tim Phillips 1 December 2014 “Tax credits have been essential to the economic viability of wind farms so far, but will not be needed within a few years.” So said Christopher Flavin, now president emeritus of the Worldwatch Institute – in 1984. Thirty […]
The following talk by Jim O’Donnell, Professor Emeritus of Business and Economics, Huntington University, was given to the Huntington County Planning Commission. The Economics of Wind Energy huntingtonccc.org James O’Donnell 12 November 2014 Local Business & Economics Professor Urges Huntington County Plan Commission to Not Allow Wind Farms I’m speaking tonight as an adopted son […]
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