Renewmaggedon – Solar, Wind Industries Dying as Subsidies Dry Up…

See if you can work out what these recent stories from around the world have in common:

This one (from PV Tech):

This one (from BNN)

and this one (from Motor1 News)

Yes. That’s right. Slowly, deliciously, like a leech starved of blood, the renewable energy industry is withering away and dying. It can only survive through government enforced subsidies or bribe-incentives. Once those dry up, so does its trade.

I wish I could say it gave me no pleasure to see all those jobs being lost, all those businesses collapsing, all those investors losing their shirts. But I’d be lying. The jobs aren’t productive ones, the businesses are an ugly manifestation of crony capitalism, and the investors should have realized that in finance there’s no such thing as a one-way bet. And in any case, the victims of the renewable energy industry’s ongoing collapse will be far outnumbered by the victors. Renewables are, and always have been, a scam perpetrated by the few against the many.

A tiny minority – Elon Musk; Dale “Dog on a Rope” Vince; etc – get very, very rich. But the ordinary folk forced to use their “clean” energy (whether they like it or not) just see their bills go up or, in the worst cases die in fuel poverty, even while the planet we’re supposed to be saving gets carpeted in bat-chomping, bird-slicing eco-crucifixes, and bird-frying solar arrays.

This is a moment for Americans, once again, to savor just how lucky they are to have a President who doesn’t buy into this green nonsense. President Trump understands instinctively that renewables – apart from killing birds on an epic scale – are just rent-seeking with a smiley green face on top.

It’s also a killer for domestic jobs and industry, as Cato’s Jason Scott Johnston explains here.

While Germany has succeeded in increasing the share of wind and solar in German electricity production to over 30 percent, the average German household spent 50 percent more on electricity in 2016 than 2007. German firms open new manufacturing facilities not in Germany, but in Slovakia and other countries with much cheaper electricity.

Indeed, so economically suicidal is the renewable energy scam that you can use it as the benchmark against which to test a functioning Western economy. The more enthusiastic about renewable energy it is, the more deluded its leadership and the more likely it is to experience economic collapse.

Using this rule of thumb, you would definitely buy USA.

Read more at Breitbart

Comments (5)

  • Avatar

    rakooi

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    It is called creative destruction……While solar and wind grow exponentially
    the CHINESE have pumped Hundreds of Billions into becoming the absolute dominant leader in these fields….and that competition is bound to drive many businesses out !

    “….”….
    THE Low Costs of
    Solar Power
    and
    Wind Power
    and
    Natural GAS:
    Crush Killeer Coal Electric rates,
    Crush Nuclear Electric rates,
    even
    Spanks Natural Gas Electric rates.

    December 25th, 2016

    “We already published a great article from Nexus Media regarding Lazard’s new report showing the extremely low (and falling) costs of solar power and wind power.

    “However, I’ve been wanting to highlight these awesome new findings since Larmion shared the updated report with us earlier this month, and I want to break out the amazing news in 5 specific ways.

    These are 5 messages that I think anyone wanting a better US economy (or a better economy in practically any country), anyone wanting national energy freedom (aka energy independence), anyone wanting to advance the most cost-effective choices for electricity generation, and anyone wanting to make logical energy decisions should know and share with others.
    ….
    “1. Wind & Solar Are Cheaper (Without Subsidies) Than Dirty KILLER COAL Energy

    The first point is the very basic fact that new wind power and/or solar power plants are typically cheaper than new coal, natural gas, or nuclear power plants — even without any governmental support for solar or wind.

    Not only are they typically cheaper — they’re much cheaper in many cases.
    ….
    2. Wind & Solar Are Actually Even Much Cheaper Than Dirty KILLER COAL Energy (More So Than Lazard Shows)

    The estimates above are supposedly “unsubsidized,” but if you include social externalities as societal subsidies (I do), the estimated costs of fossil fuels and nuclear energy are hugely subsidized in those charts.
    ….
    3. Solar & Wind Became Much Cheaper In The Past 7 Years (85% and 66%, Respectively)

    No, wind and solar costs didn’t roll off a cliff because of Obama, but his staff did help to hasten the roll to some degree. Programs like SunShot have helped to bring down costs even faster than they were coming down anyway, as did greater deployment of renewables — with greater production and deployment, costs come down almost automatically.
    ….
    4. The Lowest Solar Costs Shown In The Lazard Report Are Considerably Higher Than Globally Recorded Low-Price Bids

    I won’t go into much detail right now, but I will update this article as more record-low prices for solar power and wind power are reported. For now, though, note that we’ve seen solar project bids for under 3¢/kWh in the UAE and well under 4¢/kWh in Mexico — prices that are well below the Lazard’s low-end estimates for the US.

    ….

    People Can Get Lower Prices But More Jobs With Solar & Wind

    Whether American, British, Canadian, Australian, Indian, German, Dutch, French, Spanish, or [fill in the blank], solar and wind power don’t just mean lower prices — they also typically mean more jobs. Much of the price of dirty energy power plants is in the fossil fuel — the physical resource. When we buy that fuel, much of the money goes to the billionaires and multimillionaires who “own” the fuel — the coal mines and the natural gas wells.

    Sunshine and wind, of course, are free, but distributed solar and wind power plants have to get built and installed — those are things humans do. When we pay for solar and wind power plants, we pay for human labor, and often help create or support local jobs.

    We don’t actually have to choose between low prices or jobs or protecting our air, water, and climate — we get all of those things with renewable energy options like solar and wind energy.”

    https://cleantechnica.com/2016/12/25/cost-of-solar-power-vs-cost-of-wind-power-coal-nuclear-natural-gas/
    *
    * http://www.climatechangenew

    https://www.carbonbrief.org

    http://www.utilitydive.com/

    Even without the massive benefits of reduction of CO2 emissions, we cannot afford to not switch to renewables. The decreases in energy prices and increases in employment are crucial for the economy.
    *
    “Wind turbine payback: Environmental lifecycle assessment of 2 …
    https://www.sciencedaily.com/releases/2014/06/140616093317.htm
    Jun 16, 2014 – They conclude that in terms of cumulative energy payback, or the time to produce the amount of energy required of production and installation, a wind turbine with a working life of 20-45 years will offer a net benefit within five to eight months of being brought online.
    *

    • Avatar

      Sonnyhill

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      CREATIVE DESTRUCTION OF AN ECONOMY. Ontario has stopped signing new renewable energy contracts, we have too much of a Green thing that’s killing our prosperity. That and there’s an election soon.

    • Avatar

      Guy Moosburger

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      If renewables was cheaper and more effective then fossil fuels without subsidies then everyone would be using it. Its the law of capitalism. Demark has shut down a huge windmill farm on the coast after realizing that the cost is too high. But its to late for them and will be used as an example of failed green polices for decades to come. Ontario, Canada as well.

  • Avatar

    R. Johnson

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    Solar and wind power are a “green bubble” artificially created by governments to oppose the hobb gobblin of climate change. If solar and wind power companies are not commercially viable without government to prop them up, then in the words of E. Scrooge–“Those who are badly off must go there.” “Many can’t go there; and many would rather die.” “If they would rather die,” they had better do it, and decrease the surplus population.”

  • Avatar

    Spurwing Plover

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    Solar Energy is a total bust and a waste lets harness all the Hot Air coming from Gore DiCaprio and Obama

Comments are closed