Game Over: German Wind Industry In Freefall
Written by stopthesethings.com
The manufacturers of turbines and solar panels are dropping like flies, as subsidies are rolled back across Europe.
So-called ‘green’ jobs are a case of easy come, easy go. The wind and solar ‘industries’ that gave birth to those jobs simply can’t survive without massive and endless subsidies, which means their days are numbered.
With the axe being taken to subsidies across the globe, their ultimate demise is a matter of when, not if.
The wind back in subsidies across Europe has all but destroyed the wind industry: in Germany this year a trifling 35 onshore wind turbines have been erected, so far.
Twelve countries in the European Union (EU) failed to install “a single wind turbine” last year.
Danish turbine maker, Vestas is on the brink and was recently forced to axe 600 of its groovy ‘green’ jobs. Its rival Siemens Gamesa, has also been forced to wield the axe, sacking 600 workers in its Danish operations.
Spreading like a contagion, the demise of turbine manufacturers across Europe has taken hold in Germany, with Enercon lining up to sack 3,000 of its workers, in a last ditch effort to stay afloat.
Read more at stopthesethings.com
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