Clinton ‘Trumped’: Vestas’ Shares in Freefall & Wind Industry in Full Scale Panic

Posted: November 12, 2016 by tallbloke in solar system dynamics

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The winds of change…

STOP THESE THINGS

vestas-share-slump

The election of Donald Trump has caused conniption fits amongst the hard green-left in the United States and elsewhere. Pundits predicted, with supreme confidence, that Hillary Clinton would take the White House and that all would be well in the politically correct garden.

However, America’s “basket of deplorables” had other ideas: a brash and vulgar businessmen, more famed for his line “you’re fired” on the reality TV show, The Apprentice, Trump not only won convincingly, the Republican Party increased its majority in the House and retained its majority in the Senate. Oops!

Donald Trump has made no secret of his plans to scrap a raft of “job destroying” policies invented by climate change Chicken Littles; and his hatred of these things goes back a decade to the bitter feud he has been in with a wind farm developer attempting to spear 11 turbines off the coast adjacent to his…

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Comments
  1. I love this bit at the end:

    “Trump does not need to rescind America’s commitment to the Agreement, all he needs to do is scrap the domestic legislation put in place that would follow it: policies such as the Production Tax Credit that flows to wind power outfits, making ‘profitable’ that which would otherwise never find a market; because it can never be delivered on demand, a product with no commercial value.

    With Republicans firmly in control of Congress, and a President hostile to the infantile nonsense of subsidising a power source that was abandoned centuries ago for pretty obvious reasons, the wind industry in America is as good as doomed.”

  2. Stephen Richards says:

    I thought the wind and solar scammers kept telling us that their energy is as cheap as fossil fuel. no?

  3. oldbrew says:

    It helps profits when renewables are guaranteed first place in the sales queue for their part-time product at the expense of far more reliable alternatives.

  4. Chaeremon says:

    Dear Bluffer, Dear Vishal Shah of Deutsche Bank Securities Inc.,

    do you remember my email 30.10.2014 12:02h on your snakeoil subject ‘Grid Parity in Reach of Renewables’?

    I wrote you that your MBA appeared rather insufficient for DB to evaluating the outcome of future elections and also the true cost of ‘renewable’ incl. base load power plants. I hope that Deutsche Bank Securities Inc. clients meet you again in the courtroom.

  5. oldbrew says:

    STT commenter: ‘it [Paris] is simply an agreement between Mr Obama and sundry dumbos around the world’

    Exactly. It has no legal force in the USA as Congress has not approved it.

  6. thefordprefect says:

    oldbrew says: November 12, 2016 at 8:41 am

    It helps profits when renewables are guaranteed first place in the sales queue for their part-time product at the expense of far more reliable alternatives.

    —————–
    Like the French nuclear fleet I suppose:

    France could face winter power cuts, hit by nuclear dependence, Channel News Asia,
    09 Nov 2016 PARIS: France could impose power cuts this winter due to an electricity shortage, an unprecedented step in the wealthy nation which would expose the vulnerabilities of its dependence on nuclear power.

    The warning was issued on Tuesday by grid operator RTE, which said power supply had been hit by the closure of around a third of the country’s ageing nuclear reactors for safety checks. The country’s regulator has ordered a review of the strength of crucial steel components after the discovery of manufacturing irregularities.


    UK selling to the French!

  7. ren says:

    Massive very dangerous earthquake North of Christchurch, New Zealand.
    http://earthquake-report.com/2016/11/13/massive-earthquake-culverden-on-november-13-2016/
    A strong jump of the solar wind.

  8. Brett Keane says:

    , it started as the Radio NZ news was being read at 12pm from Wellington. It became the news as the announcer struggled to stay in her chair 200 miles north, and was felt another 300miles north, but not here in Northland. It seems to have affected people over some 600m, north to south, moving the country some 2 metres, maybe two deaths, massive earthslips, M7.5, continuing aftershocks as we head for the tropics…..That would be nice, no GW here..

  9. oldbrew says:

    BBC: New Zealand earthquake: Two dead following powerful tremor
    http://www.bbc.co.uk/news/world-asia-37967178

  10. Brett Keane says:

    @ren says:

    November 13, 2016 at 12:07 pm: Link trouble, try again. It is proving to be immense, but not unusual. Report of lights possibly unrelated to power lines etc.. Your thoughts on that and solar wind effects etcetera?

  11. ren says:

    Brett Keane see how strong are recently jumps speed of the solar wind.

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