A new study by Trinomics, in collaboration with DTU Wind, shows that strategically earmarking EU funding for wind innovation and industrial scale-up delivers major economic and security benefits for Europe. By 2040, each €1 of public funding for wind generates €7 in annual economic returns, while significantly boosting the EU’s jobs, exports, and energy security. […]
  • kunaltyagi@programming.devEnglish
    1·
    2 months ago

    Wind needs all this public funding because it doesn’t work.

    You know what works? Private funding right into politicians pockets to double down on oil and gas.

    Also, ppl need to grow up. Windmills are clearly some man-child’s fantasy because they liked how their colorful windmill looks while sitting in a gas powered car

    /s

    • unexposedhazard@discuss.tchncs.deEnglish
      0·
      2 months ago

      Is it? Seems pretty reasonable. If you includes the reduction in costs for health and safety because of fossil fuels it should give you a lot of net plus.

      • Left as Center@jlai.luEnglish
        0·
        2 months ago

        The reductions in health can’t be predicted as a ratio on wind only, they depend on the overall switch to renewables, and what source is being offset to wind.

        Plus the numbers given are all completely off, they are just adding everything they can together without regards to tradeoffs (e.g. 1W of wind electricity is offset by 1W of non wind electricity so the added value is only the cost of imported gas or uranium or whatever, the jobs are not added but reassigned, the export value provided is wishful thinking…).

        Wind and solar with storage are a very good idea, I’m all for it. But these numbers are just corpo bullshit.

        Rule of thumb: direct investments from government have a multiplier ratio roughly between 1 & 5 depending on the economic situation. 5 is extreme, applicable only in big recession with money being spent directly towards the poorest.