“One justification put up by the wind industry for the social and economic chaos caused by spiralling power costs was the claim that investment in wind power would create a “new” economy with millions of groovy “green” jobs.
True it was that Germany saw an increase in renewables related employment – the bulk of it in the development and manufacture of solar panels – but all of it was built on a raft of taxpayer and power consumer subsidies: it was – therefore – unsustainable.
Any job that relies on a subsidy results in a loss of employment elsewhere in the economy. In Germany, the subsidies for “green” jobs are paid for in rocketing power prices, which impacts on the profitability and competitiveness of all businesses and industries.” – STT August 2014
THE writings been on the wall for sometime now. Green central planning like economic planning of failed socialist regimes gone by is doomed for failure. Market distorting policies to pick winners only works until the money runs out. And err..the (public’s) money ran out a while back.
The wind industry is little more than the most recent and elaborate effort to fleece gullible investors, in a list that dates back to “corporate investment classics”, like the South-Sea Bubble and Dutch tulip mania.
In the wind industry, the scam is all about pitching bogus projected returns (based on overblown wind “forecasts”) (see our posts here and here and here and here); claiming that wind turbines will run for 25 years, without the need for so much as an oil change (see our posts here and here and here); and telling investors that massive government mandated subsidy schemes will outlast religion (see our posts here and here and here).
Now that the subsidies are drying up across Europe, solar panel and wind turbine makers are feeling the pinch, with tens of thousands of those groovy ‘green’ jobs already gone, or about to face the axe.
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WHEN the wind don’t blow, or the subsidies cease to flow – the power doesn’t flow and the windmills will GO!
EXCELLENT news for business, families and workers…
“SEVERAL thousand wind turbines in Germany are likely to be closed down in the next decade because they will no longer receive any subsidies. “If electricity prices do not rise over the next decade, only a few plants will survive on the market without subsidies,” says an analysis by the Berlin-based consulting firm Energy Brainpool.”
“ON another note, the Kiel, German-based Kieler Nachrichten (KN) reports: “Thousands of wind turbines will be supposedly dismantled over the coming decade because the state subsidies will run out”.
Claims that wind turbines run on the smell of an oily rag and last for 25 years are a proven nonsense.
What wind worshippers tend to forget is that these things have a useful (that is to say ‘economic’) lifespan of around 12 years.
Subsidies are what built them. Subsidies are what run them. So, when the subsidies run out, it isn’t long before the only remaining force at work is rust.
No country went harder or faster than Germany, when it came to spearing wind turbines and splaying solar panels as far as the eye can see.
The cost for German households and businesses, in terms of rocketing power prices, has been colossal and the effect on its grid is both costly and chaotic (a point picked up in the second piece in today’s post).
But first, here’s what happens when the subsidy plug gets pulled.
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I blogged on this rort back in 2013 following the 44th Pacific Islands Forum:
“The purported plight of The Marshall Islands, Kiribati, Tuvalu and other Pacific Island nations serve merely as emotional arguments to promote Government and global climate agenda for carbon (dioxide) taxes, whilst cash-strapped Pacific Island nations use the associated climate guilt as a vehicle to pursue compensation to be paid by Western nations. Economic outcomes in line with the United Nation’s wealth redistribution agenda.”
Not much has changed since then! The lure of green cash will corrupt to lies and unlimited falsehoods.
Guest essay by John McLean
Barry Brill’s report on Fiji’s relocation of a village doesn’t mean that it’s the only opportunistic Pacific island country when it comes to COP23. It’s near neighbour, Kiribati, is likewise trying to get its hands on some of that money to reimburse it for the NZD10 million paid to Fiji for 15,000 acres of land on which to resettle refugees from rising sea level.
Bairiki is one of the largest towns in South Tarawa of Kiribati. The State House, the National Stadium, the High Commissions of Australia and New Zealand as well as the embassy of Taiwan, and most of the Government Ministries are based in Bairiki. Source: Text – Wikipedia, Image – Google Earth
The Permanent Service for Mean Sea Level (PSMSL) database shows that the only tidal gauge currently operating in Kiribati is at Betio (Lat. 1.365 S, Long. 172.933 E), on the…
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“BUT…but…without the U.S, how do we fund our climate gabfests in every exotic corner of the world?! Jet travel, 5-star hotels, champagne and caviar cost money you know!” – Signed, concerned UN climate elites and environmental NGO’s.
While the COP23 climate conference is going on in Bon this week, there has been renewed wailing and gnashing of teeth over President Trump’s withdraw from the 2015 Paris Climate Accord this past summer. There are lots of reasons why the US doesn’t need to participate, but looking at this one graph, it becomes clear that other countries aren’t leading the way, not one bit. The USA leads by a large margin.
This is the graph climate alarmists and tax revenue trough feeders don’t want you to see:
h/t to Robert Wilson via Twitter
Some BONUS Graphs:
In absolute terms coal use has fallen far more in America this century than anywhere else:
Most of the growth in CO2 emissions this century came from modernizing economies. And China and India dominated:
Just in timefor Polar Bears International’s self-proclaimed fall Polar Bear Week (5-11 November 2017), here’s a new resource for cooling the polar bear spin. I’ve updated my 2015 summary of reasons not to worry about polar bears, which is now more than two years old. In this new version, you will find links to supporting information, including published papers and fully referenced blog posts of mine that provide background, maps and bibliographies, although some of the most important graphs and maps have been reproduced here. I hope you find it a useful resource for refuting the pessimism and prophecies of catastrophe about the future of polar bears. Please feel free to share it.
As global leaders meet in Bonn for COP23 (6-17 November 2017), it’s time to celebrate the proven resilience of polar bears to their ever-changing Arctic environment.
Twenty Reasons: the bullet points
- Polar bears are still a…
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