The Briefing Room
General Category => Science, Technology and Knowledge => Topic started by: rangerrebew on May 01, 2023, 10:51:31 am
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WRITTEN BY LINNEA LUEKEN ON APR 24, 2023. POSTED IN LATEST NEWS
Without Taxpayer Money, Wind Giants Aren’t Generating Profits
abandoned wind turbinesA recent article at OilPrice.com explains how wind power is unprofitable, going into detail on some of the economic hurdles that industrial wind power development has encountered.
Supply chain problems, inflation, likely the high price of fossil fuels, and other issues have resulted in billions of dollars in losses. [emphasis, links added]
Despite this, wind power companies are unconcerned about going bankrupt, due primarily to the fact that governments are mandating that increasing numbers of wind turbines be added to the electric grid in pursuit of net-zero carbon dioxide emissions policies, complete with generous subsidies.
https://climatechangedispatch.com/without-taxpayer-money-wind-giants-arent-generating-profits/