Profits from Wind Turbines? As fickle as the winds…
Got money in wind power? Then grab it and run like the wind, only faster …
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Who would have thought, hey? That a wholly weather dependent power generation ‘system’, actually depended upon …. the weather?
In, the mother of all ironies wind power outfits in the US – well, everywhere, really – are cursing the Wind Gods, as their puffed up promised profits plummet; and investors fume.
The wind industry is little more than the most recent and elaborate effort to fleece gullible investors, in a list that dates back to “corporate investment classics”, like the South-Sea Bubble and Dutch tulip mania.In the wind industry, the scam is all about pitching bogus projected returns (based on overblown wind “forecasts”) (see our posts here and here and here and here); claiming that wind turbines will run for 25 years, without the need for so much as an…
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