Entries by Joanne Nova

Investors Abandoning “green” Energy As They Realize It’s Never Going To Be Cheap

Estimated Reading Time: 3 minutes

Kathryn Porter in The Telegraph, has compiled quite the list of failures as offshore wind projects get frozen around the world.  Decisions are being delayed, contracts abandoned, auctions left without bidders and almost no new projects started. The awful truth of inflation, the maintenance cost shocks, and cable failures is all too much. Then there was the problem of needing 100 years of […]

The Climate Money Monster Cabal may be starting to unravel… Vanguard flees GFANZ

Estimated Reading Time: 2 minutes

Only a week after Ron de Santis pulled $2 billion in Florida funds from BlackRock, Vanguard, the second biggest asset manager in the world, has abruptly pulled out of GFANZ. Vanguard has $7 trillion in assets under management, and GFANZ is a conglomerate cabal of bankers insurers and asset managers that has snowballed into a […]

UK Close to Blackout, While 12% of Germany GDP Pays for Energy Crisis

Estimated Reading Time: < 1 minute

Last Monday in Great Britain the entire steel industry shut down because the wind stopped and wholesale prices reached £2,586 a megawatt-hour. As winter cranks up, British factories are getting ready to shutdown, as the threat of small, medium and blockbuster blackouts loom. In the fifth largest economy in the world, thousands of people are […]

Big Batteries Could Be Bigger Bombs Than Beirut Fertilizer

Estimated Reading Time: 2 minutes

It turns out storing Megawatts of high-density energy in a confined space is “like a bomb”. Who could have seen that coming, apart from everyone who understands what a megawatt is? Clean, green, noisy, and explosive. And they are “unregulated” in the UK. GWPF UK’s giant battery ‘farms’ spark fears of explosions that can reach […]

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