Showing posts with label Wind farm. Show all posts
Showing posts with label Wind farm. Show all posts

Monday, September 13, 2010

The Mafia Loves Windmills Too

Going Green? What do the Mafia and Liberals have in common?
According to the Ontario government, residents can expect to see their utility bill rise by an average of $1.60 a year – or 13 cents a month. Not bad for such an ambitious plan. The Samsung deal is made possible by the Ontario government’s Green Energy Act passed last year providing for some of the most generous feed-in tariffs in the world.

Denmark has long been a role model for green activists, but now it has become one of the first countries to turn against the turbines. 

Attracted by the prospect of generous grants designed to boost the use of alternative energies, the so-called "eco Mafia" has begun fraudulently creaming off millions of euros from the Italian government and the European Union.
And nowhere has the industry's reputation become more tarnished than Sicily, where turbines now dot the horizon in Mafia strongholds such as Corleone, the town better known as the setting for the Godfather films.
"Nothing earns more than a wind farm," said Edoardo Zanchini, an environmental campaigner who has investigated Mafia infiltration of the industry. "Anything that creates wealth interests the Mafia."
As I prove in my book Climategate, the environmental movement, fronted by Al Gore, is purposefully using a manufactured crisis to institute sweeping social and political change, and create an opportunity to score big bucks off green technologies and schemes like cap-and-trade.

Tragically there are too many useful idiots who believe the likes of Gore, and have decided to take matters into their own hands.
Order Book here
The rate at which ice is disappearing from Greenland and Western Antarctica has been seriously overestimated, according to new research.
CTV report fails to correct record on fake Green Jobs and Carbon Footprint on Giant Fans
Which provincial government is pushing ahead with Giant Fans and sweetheart deals? Why is the Canadian media failing to report the facts about the myth of Green Jobs, Subsidies and the Carbon footprint in Europe of why installing Giant Fans in Ontario will be different?

Why is our media not reporting the serious problems with Green Energy to the taxpayers?
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Thursday, August 12, 2010

Organized crime exploits wind industry

Criminals see an opportunity to tap into billions of euros' worth of European Union subsidies.
Organised groups linked to the Italian Mafia are among those to have infiltrated the industry, Jason Wright, senior director of Kroll's consulting group, told The Times.
While emphasising that the overwhelming majority of European wind projects were "entirely legitimate", he said that criminals were increasingly investing in the industry, both to qualify for subsidies and to launder profits from drug-running and other illegal activities.
Kroll, he added, was doing brisk business conducting due diligence on renewable energy projects on behalf of big banks and other potential investors.
The American-owned Kroll has detected a sharp increase since 2007 in the number of cases involving fraud and corruption in the wind energy sector - chiefly in Italy and Spain but also in Bulgaria, Romania and other parts of Central and Eastern Europe.
"Renewable energy is completely dependent on subsidies, so it is clearly an area for corruption," Mr Wright said.
"Wind farms are a profitable way to make money because of the subsidies, and they are also a great way of laundering it."- Wall Street Journal

Spain is proceeding with plans to cut prices for solar power from new generators, the Industry Ministry said, after talks on broader changes to renewable energy subsidies broke down last week.
Prices for power from ground-based panels may be cut by 45 percent while photovoltaic generators mounted on large roofs face a 25 percent reduction and plants on small roofs will see a 5 percent cut, the ministry said in a statement. 
Funds including London-based HG Capital and Denmark’s AP Pensions have argued that the government was reneging on its legal obligation to maintain the subsidies for 25 years.
The Spanish Banking Association estimated domestic banks have loaned 40 billion euros to renewable-energy projects. Some 600 photovoltaic plant operators may face bankruptcy if the subsidies are cut, the Photovoltaic Industry Association has said. 


Germany’s pioneering solar feed-in tariff law, established 10 years ago, requires power companies to buy renewable energy at a fixed feed-in tariff rate over 20 years, with gradual decreases yearly. The country seeks to source 18 percent of its electricity needs from renewable energy. In the United States, solar rooftop systems produce 1,600 MW of electricity, with less than 800 MW found in California. Canada has 100 MW installed, around half of that installed in Ontario.

Germany’s feed-in tariff cuts comes a week after Spain slashed subsidies enjoyed by solar thermal and wind projects. The Spanish government has decided to limit the number of hours concentrating solar plants can receive tariff premiums and delay the activation of solar plants previously approved for feed-in tariff support. - Germany cuts subsidies to Solar


Premier's Innovation Awards 2009Image by mars_discovery_district via Flickr




Ontario Power Authority quietly chopped the rate being paid to more profitable installations from 80.2 cents to 58.8 cents per kilowatt hour- Ontario’s rate cut for solar power a blow to green energy



Ka-ching! Ka-ching! or The Only Reason Wind Industry Exists in Ontario

  • Subsidized Premium Rate Guaranteed for 20 years

  • Flow-through shares

  • Renewable Portfolio Standards

  • Tax Incentives

  • Emission Reduction Credits



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