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Redington wind project is all about money

Wind is the least cost effective way to produce power. But all the tax credits make if very profitable. That is the only reason to build wind plants. A project like Redington Black Nubble would mean about $20 million in tax credits over the 10-year period allowed by the production tax legislation. That's not counting what they sell the power for. It's all about the money. It isn't some environmental company here to save us. As far as the Land Use Regulation Commission's denial of the Redington Project, the project did not meet the standards and laws. It's that simple. And we better watch out. If it sounds too good to be true, it probably is. Keep our mountains protected.

The Redington project would have done nothing to stop global warming. That is a false claim by wind developers. The fact is to shut down one fossil-fueled power plant you'd have to build 2,000 huge wind turbines. Do you know by studies done overseas and in the U.S. where wind plants have been built, the turbines only produce power 30 percent of the time? So that "will power 40,000 Maine homes" thing will actually be 12,000 homes if they do indeed sell any power to Maine homes.

Wind is the least cost effective way to produce power. But all the tax credits make if very profitable. That is the only reason to build wind plants. A project like Redington Black Nubble would mean about $20 million in tax credits over the 10-year period allowed by the production tax legislation. That's not counting what they sell the power for. It's all about the money. It isn't some environmental company here to save us. As far as the Land Use Regulation Commission's denial of the Redington Project, the project did not meet the standards and laws. It's that simple.

And we better watch out. If it sounds too good to be true, it probably is.

Keep our mountains protected.

The Redington project would have done nothing to stop global warming. That is a false claim by wind developers. The fact is to shut down one fossil-fueled power plant you'd have to build 2,000 huge wind turbines. Do you know by studies done overseas and in the U.S. where wind plants have been built, the turbines only produce power 30 percent of the time? So that "will power 40,000 Maine homes" thing will actually be 12,000 homes if they do indeed sell any power to Maine homes.

Wind is the least cost effective way to produce power. But all the tax credits make if very profitable. That is the only reason to build wind plants. A project like Redington Black Nubble would mean about $20 million in tax credits over the 10-year period allowed by the production tax legislation. That's not counting what they sell the power for. It's all about the money. It isn't some environmental company here to save us. As far as the Land Use Regulation Commission's denial of the Redington Project, the project did not meet the standards and laws. It's that simple.

And we better watch out. If it sounds too good to be true, it probably is.

Keep our mountains protected.


Source: http://morningsentinel.main...

FEB 6 2007
https://www.windaction.org/posts/7178-redington-wind-project-is-all-about-money
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