Brexit: Siemens Freezes New Wind Power ProjectsPosted: June 29, 2016
Siemens finally reading the not-so-feel-good tea leaves:
From previous post:
UK’s Wind Power Nightmare Hits High Farce: Having Wrecked Everything, Wind Industry Now Says ‘Britain Not Windy Enough’
After squandering billions of pounds they have seen the light, thank heavens. England’s great landscapes may be spared more futile despoliation at taxpayers’ expense.
But the turbines that already exist will stand to mock us for years to come, most of them generating scarcely enough electricity to power their manufacturers’ production lines.
There are 6,846 across Britain, plus another 15,000 private installations. Each one is a monument to the follies a government can commit when given a green flag to squander our cash.
James Delingpole’s ever-pertinent maxim once again: “Greens – Killing the Earth (and people’s lives and livelihoods) to ‘save’ it.”
Guest essay by Eric Worrall
h/t mwhite – Siemens has frozen new British wind power projects, until the post Brexit relationship with the European Union is negotiated.
Siemens freezes new UK wind power investment following Brexit vote
German energy firm will not make fresh plans until the UK’s European relationship becomes clearer, but existing manufacturing will not be affected
Siemens is putting new wind power investment plans in the UK on hold due to uncertainty caused by last week’s Brexit vote, the Germany energy company has told the Guardian.
A £310m manufacturing hub in Hull that employs 1,000 people will not be affected by the decision, and should still begin producing blades and assembling turbines next year.
But Siemens, one of the few firms to openly back a Remain vote, will not be making new investments until the future of the UK’s relationship with Europe becomes clearer.
Juergen Maier, the…
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