Report: Renewable Energy Is Bigger ‘Scam’ than Bernie Madoff and Enron | WHAT REALLY HAPPENED


Report: Renewable Energy Is Bigger ‘Scam’ than Bernie Madoff and Enron

While sinking enormous financial resources into propping up renewable energy prospectors, national governments are providing no perceptible benefits to their citizens, writes Judith Sloan, a renowned Australian economist who has served on the Australian government’s Productivity Commission.

“With very few exceptions, governments all over the world have fallen into the trap of paying renewable energy scammers on the basis that it is necessary, at least politically, to be seen to be doing something about climate change,” Sloan writes, before providing readers with an avalanche of economic data to back up her assertion.

In Australia, more than 2 billion taxpayer dollars a year are funneled to renewable energy handlers by virtue of the operation of the renewable energy target and the associated renewable energy certificates, Sloan observes.

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