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 […]
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, […]
Government Support of Wind Energy is Really Wind Welfare
Let’s cut to the chase, most of us are tired of the government taking more and more money from taxpayers like you and me and giving it to whatever individuals or companies make the most noise, and that’s exactly what wind energy is, just one more big government welfare program. Wind Welfare Landowners signing leases […]
Germany Joins Countries Retreating from Expensive Green Energy Revolution
Despite assurances from wind and solar advocates, the switch to “green energy” isn’t going so well. Germany, a country that signed on for a big push to replace all of their nuclear plants with sunshine and wind and included the all too common mandates and subsidies for renewable energy and who refused to use natural […]
North East Wind Speeds – Enough for Electricity or Just Enough to Collect Wind Welfare?
We want to pick up on a point we’ve raised before, how much wind does North East really have and is it enough to run an efficient and productive wind energy plant or is it just a project to qualify for government handouts, sort of a “wind welfare” project. Way back on June 15th of […]