Sunday, April 11, 2010

The Economics of Wind: What's behind the interest, and what's it mean for jobs

[I’m a wind-power proponent in that I strongly believe we need to greatly reduce our foreign oil addiction. And we need to find a much more environmentally friendly energy source. Below is the top section of the first part of a two-part series by the Lewiston Sun Journal on wind energy. I intend to link the second part tomorrow, whether either part supports my beliefs or not. It is an important issue and an important time for energy in Maine. So, it is important to have as much information as possible, even if you or I do not want to know that information. – KM]
Sun Journal Editor's note: This is the first of a two-part series. The second part will run on Monday, April 12.

As Maine inches toward its goal of more wind power development, the financial justifications for and against are almost as hard to grasp as the wind itself.

Environmental activist Jonathan Carter, for example, wrote in a recent newspaper opinion piece that up to 60 percent of the cost of wind power projects is covered by federal subsidies. That figure's important, with wind power opponents saying wind shouldn't rely on high government subsidies and proponents saying it deserves the same treatment as other energy suppliers.

When asked, Carter pointed to National Wind Watch as the source of his information.

National Wind Watch pointed to a semi-retired former coal official in Virginia.

When the Sun Journal contacted that man, he pointed to a Los Angeles lawyer who works with wind farm developers ... and his math, it turns out, isn’t so clear-cut.

Click on the link for the rest of today’s story by Kathryn Skelton in the Lewiston Sun Journal.

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