Investors are starting to abandon clean green energy as they realize it’s never going to be cheap
Kathryn Porter in The Telegraph, has compiled quite the list of failures as offshore wind projects get frozen around the world. Decisions are being delayed, contracts abandoned, auctions left without bidders and almost no new projects started. The awful truth of inflation, the maintenance cost shocks and cable failures is all too much. Then there was the problem of needing a 100 years of copper, nickel and lithium production before Christmas.
It’s all been kept quiet. Who know there were no offshore wind investments in the EU last year, apart from a few floating projects?
After years of subsidies, wind power was meant to get cheap enough to be profitable and competitive all by itself, instead, 25 years later, it just needs bigger subsidies. When the great oil and coal price crunch came, wind power was supposed to rise through the ashes, instead we discovered that wind turbine and battery factories needed cheap coal and oil like the rest of the economy.
https://joannenova.com.au/2023/10/investors-are-starting-to-run-from-clean-green-energy/
Anyone follow Melanie from Saskatchewan…..??
Credit goes to Melanie In Saskatchewan
Dear America,
To President Donald Trump, Vice President JD Vance, U.S. Trade Representative Jamieson Greer, Commerce Secretary Howard Lutnick, and the Americans sitting across the negotiating table from our government:
I'm writing this from Canada with a request I never thought I would make of another country.
Please help us.
Not our government. Us. The Canadian people. Please help us understand what is happening to our own country.
Our relationship with the United States is deteriorating. Our economy is hurting. Canadian and American families are worried about jobs, businesses, mortgages and the country we're going to hand our children. Yet through one of the most consequential trade disputes of our lifetime, ordinary Canadians are being left in the dark about what is actually happening.
We hear statements and vague explanations from our government. What we don't get to see or hear is what actually happened at the table.
Increasingly, Canadians are learning more about ...
