"Carbon (Dioxide) trading is now the fastest growing commodities market on earth.....And here’s the great thing about it. Unlike traditional commodities markets, which will eventually involve delivery to someone in physical form, the carbon (dioxide) market is based on lack of delivery of an invisible substance to no-one. Since the market revolves around creating carbon (dioxide) credits, or finding carbon (dioxide) reduction projects whose benefits can then be sold to those with a surplus of emissions, it is entirely intangible." (Telegraph)
This blog has been tracking the 'Global Warming Scam' for over five years now. There are a very large number of articles being published in blogs and more in the MSM who are waking up to the fact the public refuse to be conned any more and are objecting to the 'green madness' of governments and the artificially high price of energy. This blog will now be concentrating on the major stories as we move to the pragmatic view of 'not if, but when' and how the situation is managed back to reality. To quote Professor Lindzen, "a lot of people are going to look pretty silly"
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Sunday, 30 December 2012
Wind turbines 'last for half as long as previously thought' as study shows they show signs of wearing out after just 12 years
For onshore wind, the monthly ‘load factor’ of turbines – a measure of how much electricity they generate as a percentage of how much they could produce if on at full power all the time - dropped from a high of 24 per cent in the first year after construction, to just 11 per cent after 15 years.
For offshore wind –examined only in Denmark where it has been used for longer - it declined even more dramatically from over 40 per cent at the start, to just 15 per cent after ten years. He believes they become uneconomic after around 12 years. The decline in output was put down to wear and tear of the blades, and more frequent breakdowns for older turbines.
His report for the anti-wind farm charity the Renewable Energy Foundation (KEEP), noted: ‘Onshore wind turbines represent a relatively mature technology, which ought to have achieved a satisfactory level of reliability in operation as plants age. Unfortunately detailed analysis of the relationship between age and performance gives a rather different picture…’