Good news! Donald Trump just won the election yesterday and already today shares in Vestas, the world’s largest wind turbine manufacturer, were falling. As we are always saying, “Without government subsidies to the wind industry, there is no wind industry.” Sales of wind turbines depend entirely on taxpayer money to create a demand and keep […]
Omnibus Spending Bill Extends Wind Energy PTC for 5 Years with Phaseout Over Last 3 Years
The $1.1 trillion, 2009 page omnibus spending bill was released, and, oh, by the way, buried at the end on page 2002, under Miscellaneous Provisions, was a five year extension of the PTC (Production Tax Credit) phased out with a reduction of 20% each year over the last three years. Congress must be proud of […]
You’re Paying for CleanTech Failures, Wind Energy is Just One
Wind energy is just one of the highly touted “clean” energy sources heavily promoted and subsidized by the US government. Any energy source with the label of clean, green or renewable is supposed to accomplish magical things our conventional energy sources cannot, but when it comes time to produce the energy and create those often […]
Government Wind Energy Money Attracting Fraud, Crime and Corruption
Wind energy and free money, what could possibly go wrong? Well, we’re beginning to find out. Reports from the United States and around the world show government corruption and even organized crime are starting to make an appearance in this “green” business. Hmm, … who could have predicted that? Organized crime gets into wind Europol, […]
Green Energy Industry Collapsing in Spain as Government Support Runs Dry
Spain went all in on “green energy” because it was the future, it would provide jobs, and it would grow their economy, so they lavished the industry with subsidies and caps on electric rates, charging less for “renewable” electricity than the cost of producing it. It’s no wonder wind and solar companies were having a […]
Make Wind Energy Compete for Private Investment Not Your Tax Dollars
Who do you think should pay for building utility scale wind turbine installations? Individual investors who believe in “green energy” and are willing to risk their own money or Taxpayers like you when government gives wind energy companies huge incentives You probably chose option one, but that isn’t what’s happening. Wind wants a “level playing […]