tag:blogger.com,1999:blog-6298568350190982130.post2127555729891830181..comments2024-03-20T05:46:39.773+00:00Comments on Irish Energy Blog: Morgan KellyIrish Energy http://www.blogger.com/profile/16354100971015557625noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-6298568350190982130.post-59346731747098196922015-07-27T21:28:12.916+01:002015-07-27T21:28:12.916+01:00http://www.independent.ie/business/irish/mainstrea...http://www.independent.ie/business/irish/mainstream-set-to-sell-north-sea-project-31405312.html if you cannot link to this, google "independent mainstream to sell north sea project." This article provides compelling evidence of the accuracy of the post by West Cork Wind above. The business model is to lull the locals with hype, job promises, bribes and spin in the hope they will not object. Use compliant planners to smooth out planning consent. Strike a deal with the grid operators, when just ready to start digging, sell for cash to the highest bidder and head off into the sunset to repeat the process. This is one of the indicators of an economic bubble happening right before our eyesVal Martinhttps://www.blogger.com/profile/03248166816744009791noreply@blogger.comtag:blogger.com,1999:blog-6298568350190982130.post-35815578181399280462015-07-25T17:03:52.611+01:002015-07-25T17:03:52.611+01:00An important lesson to all of us, and one that is ...An important lesson to all of us, and one that is incumbent upon all of us to disseminate in the public interest. <br />Readers of this blog have certainly had the opportunity to review wind-related data that is presented with copious references to source data. Dissemination is another thing; it is all too easy to chat within the comfort zone of like-minded people, and quite another to carry this truth out to the public who have been largely influenced by well-financed public relations representatives from the wind industry.<br />Morgan Kelly did indeed plough a lonely path, one that has been vindicated by the inevitable outcome his analysis provided. Public sentiment was swayed by "consensus economists", a breed that preferred to join the herd rather than put the effort into carrying out their own rigorous economic analysis. The price continues to be paid by ordinary citizens who mistakenly assumed that the consensus view could not be wrong.<br />The wind industry representatives have carefully painted an emotive consensus view of global climate change survival being compromised by selfish rural nimbys. This approach cleverly turns natural justice on its head by demonising the victims and promoting industrial interests as the new saviour. We have learned from this blog that the wind industry is a subsidy-milking sell-on scheme at all stages that cynically hides its huge profitability behind a screen of "public concern". <br />David Davis MP writes in today’s Yorkshire Post that a typical wind farm parent company provides a large loan to a specially created subsidiary and leaves it in control of operations. The subsidiary is left as a financial shell, with very few liquid assets and total liabilities greater than total assets making it impossible to bring litigation against it, simply because there is nothing to win. Even liquidating it would generate no cash.<br />This is scarcely the spirit of public concern that is espoused so eloquently by the promoters of wind farm development.West Cork Windhttp://www.westcorkwind.comnoreply@blogger.comtag:blogger.com,1999:blog-6298568350190982130.post-25162306037848856532015-07-25T14:37:53.786+01:002015-07-25T14:37:53.786+01:00The parallels are frightening, bank are lending ...The parallels are frightening, bank are lending to an industry depending on subsidies (with no valuable product) through the life time of the loan. Local authorities have trebled rates on wind farms. We now pay rates through our electricity bills. 500,000 euros in Co. Cavan last year alone. We know wind does not work, so we can predict the ending and who will be forced to pay. However, I postulate that there is a crucial difference in the case of energy. Most of the crazy plans require planning permission and Environmental Impact Assessments. Planners paid lip service to this until campaigners put it up to them. It is becoming increasingly hard to get planning consent and the best brains and best money is now united to block it. There is a rural revolt and they are well organised and are all voters. Traditionally government placed unwanted infrastructure in the midst of the poor or among isolated communities with no clout. This infrastructure does not discriminate when selecting its host. The courts are full of judicial reviews and its growing. The Emlagh wind farm oral hearing in Meath took four weeks. The gloss is gone off this. If the Irish beat this menace, the image (selling parts of the country to themselves)they earned during the building/banking collapse will have to be reversed. The Irish could be the first race in history to halt an economic bubble before it matures and block it as it grows. Investment in education has lead to articles like the one above, with education, intelligence and the undoubted courage we campaigners have, there is still hope. After all it was the Irish who restored the enlightenment , literature, and a learning culture to Europe during the dark ages. I feel it does not matter whether we win or lose, we will fight and we can show this did not happen without that fight. When future generations ask how we let this ridiculous thing happen, we can account for our stewardship as today's custodians of our environment,Val Martinhttps://www.blogger.com/profile/03248166816744009791noreply@blogger.com