Eddie O'Connor confirms NAMA for wind farms coming soon.

[valamhic]

My Dossier and No 17 series You Tube Channel Real True Educational - not fake news predicted the collapse of Irish wind farm companies for a few years.

Examination of their accounts reveals that they are loosing 222 million a year due to low wind speeds.. The average wind farm has a life of 20 years., it receives enough income to pay expenses, interest on loans, but there is nothing much left to pay the principal cost and no shareholders are ever paid. I was not believed for some reason.

They soon all go burst and probably brings the banks down with them. The could start a recession and economic collapse.

John Laing Plc was the first to cut through the hype with this

Lack of German wind leaves John Laing Group a little wheezy

The FTSE 250 infrastructure firm had also faced issues in Australia from marginal loss factors, portions of electricity that are lost when power is distributed

www.proactiveinvestors.co.uk

then this

Wind 'on its knees' as profits vanish, says industry pioneer | Recharge

Mainstream founder O'Connor says rock-bottom prices and market skewed to fossils threatens climate change fight

www.rechargenews.com

NAMA for wind mills is already here, its being done by parent companies and they too will take a hit.

 

[jpc]

The electric breeze wheeze is not viable.
Unless everything else is hobbled
Who would have guessed.

 

[Greengoose]

The electric breeze wheeze is not viable.
Unless everything else is hobbled
Who would have guessed.

Perhaps these wind yokes need considerably more HOT air. There just aren't enough TDs in the Dail for that.

 

[valamhic]

Some Banks are badly burned, specially the AIB

 

[valamhic]

Some Banks are badly burned, specially the AIB

Pensions gone too

 

[page61]

well spotted.. i have to admit i did not give you initial creditability

 

[Saul Goodman]

they should have believed you

 

[Ted]

Those articles don't say what you think they say.
Carbon producers have to be penalised for wind to become profitable.

 

[Tadhg Gaelach]

Some Banks are badly burned, specially the AIB

Couldn't happen to nicer people.

 

[Tadhg Gaelach]

Those articles don't say what you think they say.
Carbon producers have to be penalised for wind to become profitable.

That's because wind farms are not a viable energy source. The manufacture of those turbines creates a huge amount of carbon dioxide and other pollutants - including radio active waste that's killing hundreds of children.

In China, the true cost of Britain's clean, green wind power experiment: Pollution on a disastrous scale

This toxic lake poisons Chinese farmers, their children and their land. It is what's left behind after making the magnets for Britain's latest wind turbines...

www.dailymail.co.uk

 

[Ted]

That's because wind farms are not a viable energy source. The manufacture of those turbines creates a huge amount of carbon dioxide and other pollutants - including radio active waste that's killing hundreds of children.

In China, the true cost of Britain's clean, green wind power experiment: Pollution on a disastrous scale

This toxic lake poisons Chinese farmers, their children and their land. It is what's left behind after making the magnets for Britain's latest wind turbines...

www.dailymail.co.uk

The Chinese pollute their environment because they have no respect for people or nature. Other countries can produce goods without turning their back yards into cesspits.

 

[jpc]

The Chinese pollute their environment because they have no respect for people or nature. Other countries can produce goods without turning their back yards into cesspits.

It's all about cheapest cost per unit.
Not quality.
Nor the environmental consequences.
Or workers rights and conditions of employment.
The above aren't considered.