Squandering voter’s money: gullible MP and her rent-seeking ‘friends’.
Two necessary ingredients of the great wind power fraud are a gullible public and a troupe of pliant politicians. A decade from now – as these things either self-destruct, collapse or quietly rust into oblivion – the MPs that enabled the greatest economic and environmental fraud in history, will not be thanked. Nor will history remember them kindly.
Globally, trillions of dollars have been squandered on subsidies to intermittent and unreliable wind power. Those places where wind and/or solar dominate have watched power prices skyrocket and have grids teetering on the brink of total collapse (think South Australia, for a start).
On one side of the ‘bargain’, it took real audacity to convince the populace and their elected representatives that wind power amounts to a meaningful power generation source. The flip side of the same coin involved a form of wilful…
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