Wind Blows
Excellent news for ratepayers, birds, bats, landscapes, and whales as offshore and onshore wind projects get scuttled
The only thing dumber than onshore wind energy is offshore wind energy. The good news for ratepayers, taxpayers, birds, bats, landscapes, viewsheds, and the critically endangered North Atlantic Right Whale, is that both sectors are getting hammered by market forces that make their projects uneconomic.
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A final note: Ford Motor Company has big problems in its EV business. This week, the company canceled stock orders for its Lightning EV pickup due to the need to perform “additional quality checks.” The company had planned to make the EV trucks at an annualized run rate of 150,000 units. That won’t happen. The company will report its third-quarter EV sales in the next few days. Expect more huge losses.
