America’s wind energy industry is booming

You people can't see the writing on the wall

Europe’s wind energy failures a bad omen for Vermont - Watchdog.org

So much for Denmark huh?

In May, the Danish government cancelled construction of five wind farms because the cost of wind-based electricity was too expensive for consumers. The energy projects, approved in 2012, were cancelled after regulators discovered a sharp spike in the cost of renewables.

According to one analysis, Danes are paying the highest electricity costs in the European Union. As much as 66 percent of Danes’ electric bills goes to paying green taxes and fees. Just 15 percent goes to pay for the electricity generated.

While green taxes on energy are necessary to subsidize renewable energy, the $10.6 billion cost of using power from the five wind farms is far beyond what Danes can pay.

“We can’t accept this, as the private sector and households are paying far too much. Denmark’s renewable policy has turned out to be too expensive,” Denmark’s Climate Minister Lars Christian Lilleholt said in May.

Lars Aagaard, CEO of the Danish Energy Association, warned earlier this year that the high cost of renewables would force Danes to use more energy from traditional energy sources.


Hundreds Of European Wind Turbines Are Operating At A Loss



As Warren Buffet said: The only reason to invest in wind energy is the tax subsidies
 

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