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by clarionbell
133 days ago
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>Trade group WindEurope said more European countries were now moving towards offering revenue guarantees to offshore wind developers as standard, after Denmark and Germany held subsidy-free auctions, which failed to attract any bids. In other words, new wind farms will need subsidies, an those will have to be payed for by the populace. This isn't necessarily something specific to wind power, nuclear needs subsidies as well. |
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As always, "subsidize the losses, privatize the profits".