Europe’s ‘Colossal Energy Disaster’: €5.7 trillion ‘Completely Wasted’ on Wind Power ‘Wishes’Posted: October 25, 2015
Europe’s green energy basket case is unraveling rapidly and yet the ideological push for expensive, intermittent and ‘unreliable’ energy drives on, stoked by climate guilt, fear and billions upon billions of dollars of other-peoples-money, in the form of massive government subsidies. Handouts without which, wind, solar and other feel-good forms of renewable energy would collapse, as is happening right now in Scandinavian countries.
Green centralised planning, like central economic planning of socialist regimes gone by, has failed with truly devastating economic results…
When the wind industry and its worshippers start chanting their mantras about the ‘wonders’ of wind, it isn’t long before they start preaching about the examples purportedly set by the Europeans; and, in particular, the Nordic nations. The latter have seen economics hit back with a vengeance; wind power investment has thoroughly collapsed:
Now, Europe as a whole is counting the costs of what is a disaster on a colossal scale. Here’s NoTricksZone detailing the magnitude of the calamity. The video is in German, helpfully translated by Pierre Gosselin. Danke, Pierre.
Europe’s € 5.7 TRILLION Climate Policy Is “Very Expensive”, “Counter-Productive” And “Does Nothing For Climate” … “Completely Wasted”!
8 October 2015
University of Magdeburg economics professor Joachim Weimann held a presentation…
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