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 reported yesterday that wind power would be the first casualty of the green investment cycle (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/, https://therabidcapitalist.com/2023/10/02/the-green-energy-nightmare-reality/ and https://therabidcapitalist.com/2023/11/21/wind-power-is-winded/). As expected, politicians are not governing, they are being political. We now know the cost.
Governments have raised guaranteed prices for offshore wind power substantially.
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