The wind and solar industries face an existential threat, with governments throwing every available resource at resuscitating their economies, instead of pandering to the renewable energy sector. The Draconian measures adopted to prevent the spread of COVID-19 mean that governments have a choice.
Throw taxpayer’s dollars at filthy rich wind and solar power outfits (which have wallowed in hundreds of $billions in subsidies over the last 20 years).
Or to provide general economic stimulus – in the form of welfare to the masses of recently unemployed and subsidies and support to keep businesses afloat and their workers employed – that might allow their countries to recover from state enforced lockdowns, with some degree of dignity.
No prizes for guessing which choice is the more palatable from a political perspective.
Proving themselves, yet again, to be tin-eared mouthpieces for the wind and solar lobby, US Democrats pulled out all stops in…
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