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/
Canada Has Gone Woke and It's About to Go Broke...
Not just Climate Alarmism and Gender Nonsense anymore.In a nation once defined by hard work, innovation, and shared prosperity, Canada is sleepwalking into fiscal and social ruin under the banner of performative “reconciliation.” We’ve seen the warning signs globally: companies like Bud Light hemorrhaging $1.4 billion in sales after its ill-fated Dylan Mulvaney campaign alienated core customers; Jaguar’s cringeworthy 2024 rebrand pushing electric cars and “inclusivity” that bombed so hard it was scrapped amid plummeting stock; Harley-Davidson retreating from DEI mandates after backlash from riders who just wanted motorcycles, not lectures. These weren’t isolated fumbles, they were self-inflicted wounds from chasing social justice optics at the expense of reality. Now, Canada is the latest casualty, with “woke” poli...
https://sheldonyakiwchuk.substack.com/p/canada-has-gone-woke-and-its-about
Rebel News is heading to Brazil to expose the UN’s climate hypocrisy!
As 50,000+ bureaucrats, lobbyists and politicians jet into Belém to tell you to “cut back,” we’re sending Sheila Gunn Reid and Kian Simone to show the luxury, the VIP perks — and Canada’s role — that the UN doesn’t want you to see.
https://www.rebelnews.com/rebel_news_is_heading_to_brazil_to_expose_the_uns_climate_hypocrisy
