Saturday, November 19, 2011

Energy scams combine big government and corporate greed

Wind Energy’s Ghosts, by Andrew Walden Bankrupt Europe has a lesson for Congress about wind power.

Wiwo...wiwo...wiwo.

The sound floats on the winds of Ka Le, this southernmost tip of Hawaii’s Big Island, where Polynesian colonists first landed some 1,500 years ago.

Some say that Ka Le is haunted — and it is. But it’s haunted not by Hawaii’s legendary night marchers. The mysterious sounds are “Na leo o Kamaoa”— the disembodied voices of 37 skeletal wind turbines abandoned to rust on the hundred-acre site of the former Kamaoa Wind Farm.

The voices of Kamaoa cry out their warning as a new batch of colonists, having looted the taxpayers of Spain, Portugal, and Greece, seeks to expand upon their multi-billion-dollar foothold half a world away on the shores of the distant Potomac River. European wind developers are fleeing the EU’s expiring wind subsidies, shuttering factories, laying off workers, and leaving billions of Euros of sovereign debt and a continent-wide financial crisis in their wake. But their game is not over. Already they are tapping a new vein of lucre from the taxpayers and ratepayers of the United States.

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