Blog Archives

Green Financial Armageddon In Spain

Wind and solar power have caused a deficit of more than 26 billion euros in Spain’s energy market.

Wind and solar power have caused a deficit of more than 26 billion euros in Spain’s energy market.

Spain was one of the first European countries to Green their economy and use the German Green Energy subsidy model, driven by the socialist zeal of the then Spanish government, going Green was done literally at all costs.

The Great Man Made Global Warming boondoggle was always a cause espoused by the left, the bright Green future of renewable energy, the millions of Green jobs that would be created, prosperity and wealth from cutting edge Green technologies would flow endlessly as the rest of the world rushed to embrace the brave new Green world, bit of shame really, all in all, that the Green pipe dreams, like their Green Armageddon scenarios of global climate catastrophe, failed to happen.

The real cost of going Green to Spain has been horrendous, every Green job that was created killed 2.2 jobs in non Green industries, as the costs of the Green subsidies mounted so the new Spanish Government started to cut the subsidies for wind and solar and the familiar story of the Green death spiral started.

If that were not bad enough, now Spain’s Green Chickens have come home to roost in their eco friendly sustainably sourced coop: Read the rest of this entry

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Doorstep Renewable Energy Sellers Prey On The Elderly

Doorstep sellers for renewables like solar are targetting the elderly with methods that will give the renewables industry a bad name

Doorstep sellers for renewables like solar are targeting the elderly with methods that will give the renewables industry a bad name

This story did not come from a climate sceptic blog, the Daily Mail, James Delingpole, The Koch Brothers or any similar source, it comes from the Green Wise Blog for business:

The Office of Fair Trading (OFT) recently reported that it has had a record 35,000 complaints to its helpline on doorstep selling. This is likely to be the tip of the iceberg as many of the victims of this sales technique are elderly, have savings, may live alone and, most pertinently, don’t know their rights, so aren’t complaining.

This is certainly the demographic that the cowboy element of the solar industry is targeting, and there have been some horror stories. Just this month I’ve heard of someone who locked herself in her bathroom while she phoned a neighbour to ask if they could come over and help her get the sales man out of the house.

Another salesman broke all the rules in the book offering discounts for signing up on the day. The final discounted price was still significantly higher than the going rate in the market.

Read the rest of this entry

German Solar Industry Is Going Bankrupt

German solar village of Sonnenschiff, built when German solar was booming

The German solar industry is in terminal decline, the loss of generating capacity caused by the political decision to close German nuclear power stations was expected to be filled by wind and solar, but this has not happened, instead coal and gas fired power stations will replace lost nuclear capacity.

Solon who were Germany’s first photovoltaic produce have filed for insolvency with debts of 275 million euros.

A combination of cuts in Green subsidies, falling demand and China producing solar panels far cheaper have killed off the German solar industry: Read the rest of this entry