And then the bubble bursts and the
wind -
scam reality is exposed... «When you're trying to sell a «product» with no commercial value, the «business» — for want of a better word — can only be about what you can extract from gullible / compliant governments (and unwitting power consumers), in the form of massive and endless
subsidies.»
In the
wind industry, the
scam is all about pitching bogus projected returns (based on overblown
wind «forecasts»)(see our posts here and here and here and here); claiming that
wind turbines will run for 25 years, without the need for so much as an oil change (see our posts here and here and here); and telling investors that massive government mandated
subsidy schemes will outlast religion (see our posts here and here).