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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