Library filed under Taxes & Subsidies from Nebraska

Farmers Like Payout, but Critics of Wind Power Point to Costs

The turbines do bother some folks, including Glenn R. Schleede, a retired power company executive from Round Hill, Va., who said the wind power industry puts out “absolute baloney” to justify its existence. “I’m tired of subsidizing Warren Buffett companies,” Schleede said, referring to federal tax subsidies that go to MidAmerican Energy Holdings Co., a division of Omaha-based Berkshire Hathaway Inc. that is headed by Buffett. Those are MidAmerican’s turbines in the fields around Schaller. Schleede’s criticisms, mostly in academic-style papers he writes, concentrate on the economics of wind power and what he called “false claims about how this is good for an energy system.” “In fact, these things, because they’re intermittent and volatile and unpredictable, they don’t really add a lot of capacity to an electric grid,” he said. “When you see these things advertised, they talk about how many megawatts of capacity, the number of homes served and all that garbage. “I would maintain that they don’t serve any homes.”
4 Sep 2006

http://www.windaction.org/posts?location=Nebraska&p=13&topic=Taxes+%26+Subsidies
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