Tag Archives: refurbishing old coal fired plants

Renewables ‘Transition’ Terminated: With Their Subsidies Slashed, the Honeymoon for Wind & Solar is Over

Like a bride jilted at the altar, the wind and solar ‘industries’ are moaning about what could have been.,,, It was, of course, a ‘green’ wet dream. Now, reality has started to bite. With an inevitability, all of its own. For some strange reason, the places that led the charge with mandates, targets and massive subsidies to wind and solar, all appear to be the first to unwind those very same policies – simply because they were never sustainable, in the first place. Faced with rocketing power prices and grids on the brink of collapse, European states have slashed subsidies and are building new coal-fired plants and refurbishing old ones. >click to read<14:01