Opinions
What is the truth?
You will notice on these editorial pages lately a number of individuals espousing the "Truth" about the Gamesa Wind Project on Shaffer Mountain. With very little research I was able to find a few "Untruths" presented by Tim Vought of Gamesa on this last go around published on Friday.
July 13, 2007
by Dr. Rick Bonomo, Berlin
in Daily American
You will notice on these editorial pages lately a number of individuals espousing the "Truth" about the Gamesa Wind Project on Shaffer Mountain. With very little research I was able to find a few "Untruths" presented by Tim Vought of Gamesa on this last go around published on Friday.
Mr. Vought states: "The only government subsidy available to Gamesa is the federal Production Tax Credit,..."
But: Gamesa conveniently ignores the federal income tax shelter known as Accelerated Depreciation, which allows them to recover capital costs much quicker than conventional sources of generating electricity are allowed (i.e ., wind projects can... [continue via Web link]
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