Professor Glenn A. Okun
The Rabid Capitalist: The Big Point is a brief summary of a detailed note available to paid subscribers.
The Rabid Capitalist has warned its readers about the dangers of the green investment cycle repeatedly (see https://therabidcapitalist.com/2023/09/11/green-energy-it-is-easy-being-green/, https://therabidcapitalist.com/2023/09/21/it-is-not-easy-being-green/, https://therabidcapitalist.com/2023/09/21/greed-or-green-cycle/, https://therabidcapitalist.com/2023/09/22/the-does-eulogy-dead-batteries/ and https://therabidcapitalist.com/2023/10/02/the-green-energy-nightmare-reality/). The wind power generation opportunity is the current casualty. I intentionally have not described it as an industry because it would imply a level of economic activity that does not yet exist. These operators are in disarray. Orsted’s problems are representative of the trouble with wind power technology.
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