Wind Industry Demands Financial Bail Out; Climate Group Says “The wind experiment has failed and must be wound down” (UK)

By B.N. Frank

Opposition to wind projects on land and offshore continues to increase worldwide due to economic, environmental, health, and safety issues associated with them.  Some world leaders have already given up on them and apparently some climate groups have as well.

From The Daily Sceptic:

Wind Industry Blackmails U.K. Demanding Huge Ramp-Up of Subsidies

by Will Jones

In a move that gives the lie to years of propaganda claiming falling costs, the wind industry’s leading lobbyists have written to the Government threatening to abandon the U.K. unless subsidies for their companies are hugely increased.

The industry lobbyists claim that unforeseen rising costs now require three actions:

  1. A revision to the auction rules so that the winners are not determined by lowest bids but by an administrative decision that weights bids according to their ‘value’ in contributing towards the Net Zero targets.
  2. Special new targets and thus market shares for floating offshore wind, one of the most expensive of all forms of generation;
  3. A vast increase in the budget for the fifth auction (AR5) of Contracts for Difference subsidies, with an increase of two and half times the current levels for non-floating offshore wind alone;

Such changes, were the Government to agree to them, would not only increase the total amount of subsidy to an industry that was until recently claiming no longer to need public support, but also provide the industry with protected shares of the energy market, eliminating risks for investors at the expense of the paying public. It would also clearly be an open invitation to corruption.

Climate lobby group Net Zero Watch has urged the Government to stand up for consumers by rejecting the wind industry’s latest demands.

Dr. John Constable, Net Zero Watch’s Energy Director, said: “It would be both absurd and counterproductive for Government to bail out the wind industry in spite of the evident failure to reduce costs. A refusal to learn from mistakes will be disastrous.”

In a press release, the organisation argued the Government should “reject the self-serving demands” because the U.K. economy should not be expected to continue to subsidise a sector “that is still uneconomic after nearly 20 years of above-market prices and guaranteed market share”.

“The wind experiment has failed and must be wound down,” it adds.

The Government should also be mindful that U.K. households and businesses are already experiencing extreme pressures on budgets, and a further burden on the energy bill should not be tolerated, it says.

This is particularly the case as the wind industry’s current cost difficulties are “neither unforeseen nor unpredicted but have been obvious to careful observers for over a decade”.

Activist Post reports regularly about wind power and unsafe technologies.  For more information, visit our archives.

Image: Pixabay

Become a Patron!
Or support us at SubscribeStar
Donate cryptocurrency HERE

Subscribe to Activist Post for truth, peace, and freedom news. Follow us on SoMee, Telegram, HIVE, Flote, Minds, MeWe, Twitter, Gab, and What Really Happened.

Provide, Protect and Profit from what’s coming! Get a free issue of Counter Markets today.

Activist Post Daily Newsletter

Subscription is FREE and CONFIDENTIAL
Free Report: How To Survive The Job Automation Apocalypse with subscription

Be the first to comment on "Wind Industry Demands Financial Bail Out; Climate Group Says “The wind experiment has failed and must be wound down” (UK)"

Leave a comment