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Watts Up With That?

Siemens_big_wind_TV_adFacing trouble abroad, Siemens ads seek to tap into US taxpayers and wind welfare system

Guest essay by Mary Kay Barton

If you watch much mainstream TV, you’ve probably seen Siemens’ new multi-million-dollar advertising blitz  to sell the American public on industrial wind. Why the sudden ad onslaught? Watch the video below.

The wind business abroad has taken a huge hit of late. European countries have begun slashing renewable mandates, due to the ever-broadening realization that renewables cost far more than industrial wind proponents have led people to believe: economically, environmentally, technically, and civilly.

Siemens’ energy business took a €48m hit in the second quarter due to a bearings issue with onshore turbines, and a €23m charge due to ongoing offshore grid issues in Germany – on top of subsidy and feed-in tariff cutbacks, recent articles have pointed out.

As Siemens’ tax-sheltering market dries up…

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