WDS 0.00% $26.64 woodside energy group ltd

And all they're getting for their investment is higher prices...

  1. 317 Posts.
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    And all they're getting for their investment is higher prices and lower reliability.

    To understand why renewables are a scam just ask one question:

    How much battery back up is needed?

    The answer is essentially infinity. There will never be enough because wind droughts can last for days or weeks. Even a whole winter could have minimal and sporadic wind.

    So what then?

    If the battery capacity was at zero with no wind we wouldn't be talking about much higher power prices. There would simply be no power to distribute at any price to anyone. This might last for weeks. Our food would be destroyed.

    Renewables are insane.
 
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