Monday, August 27, 2007

Stanley Fish - Not Full of Shit For Once!

It just goes to show that, if you throw enough crap against the wall, something's going to stick someday.

Electricity from wind turbines are the biggest boondoggle this side of corn ethanol.

These last two reasons are seized on by wind proponents who say that a few elite newcomers are putting their aesthetic preferences ahead of both the community’s welfare and the national effort to shift to green energy as a way of slowing down global warming.
It’s a nice line, but it won’t fly. The wind companies may advertise themselves as environmentalists, but they are really developers, which means that they do things with other peoples’ money — yours. Wind farms are attractive as an investment because the combination of tax credits, tax shelters and accelerated depreciation rates means that investors reap large profits in a few years. Meanwhile, those in the community pay twice for their electricity; once when their taxes go to subsidize the wind interests and a second time when the monthly bill arrives. And that bill will likely be larger than it would have been had the turbines never been erected.

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