Death and taxes are certainties, so is the fact that wind and solar investment disappears just as soon the subsidies are cut. Without massive (and seemingly endless) subsidies we wouldn’t be having this conversation: there would have been no such thing as wind and solar power, on any scale, or at all.
Twelve countries in the European Union (EU) failed to install “a single wind turbine” last year.
And, as a result, the manufacturers of turbines and solar panels are dropping like flies, as subsidies are rolled back across Europe.
Dr John Constable tallies up the (inevitable) carnage below.
Is the Long Renewables Honeymoon Over?
The Global Warming Policy Forum
11 May 2019
The European renewables industry press, which is usually unequivocally upbeat in its assessments, is currently reporting a broad spectrum of substantial problems in the sector, ranging from bankruptcies and technical problems to tepid policy…
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