Cash Inferno: Offshore Wind Power Fastest Way to Squander Countless $Billions

By Stop These Things

In the absence of endless subsidies and guaranteed, fixed-price contracts (set at ludicrously high prices), the purported economic case for wind power never, ever stacks up. And the metrics are far worse out at sea.

Notwithstanding the $billions in subsidies – gouged from taxpayers and/or lumped on power consumers’ crushing power bills – proposed projects are floundering at sea, and the major turbine manufacturers are well and truly underwater.

As John Hinderaker outlines below, throwing money at offshore wind power projects makes a cocaine habit look like a canny investment.

Full article …

 

Support

Newscats – on Patreon or Payoneer ID: 55968469

Cherry May Timbol – Independent Reporter
Contact Cherry at: cherrymtimbol@newscats.org or timbolcherrymay@gmail.com
Support Cherry May directly at: https://www.patreon.com/cherrymtimbol

Ad

Why do CO2 lag behind temperature?

71% of the earth is covered by ocean, water is a 1000 times denser than air and the mass of the oceans are 360 times that of the atmosphere, small temperature changes in the oceans doesn’t only modulate air temperature, but it also affect the CO2 level according to Henry’s Law.

The reason it is called “Law” is because it has been “proven”!

“.. scientific laws describe phenomena that the scientific community has found to be provably true ..”

That means, the graph proves CO2 do not control temperature, that again proves (Man Made) Global Warming, now called “Climate Change” due to lack of … Warming is – again – debunked!