"Wind turbine firms feel downturn's pinch; Some put projects on hold, hope for industry rebound" by Erin Ailworth, Globe Staff | January 31, 2009
Last summer, wind turbine manufacturers couldn't make parts fast enough to meet demand. Now, industry executives say, financing has all but disappeared because of the economy, causing some planned projects to be put on hold. Unless there's a robust economic rebound, or the government steps in, they say, construction of wind turbines nationwide will be set back, and the companies that make turbine parts could be forced to cut jobs.
That would be especially bad for Massachusetts.... American Wind Energy Association's chief executive, Denise Bode said, and unless the economy rebounds soon, there could be a 50 percent drop in projects. That would effectively set the industry back to where it was three years ago.
"I think any of these projects are in danger of being stalled if they don't have the capital to build them," Bode said....
State officials said it would be unrealistic to expect wind projects here to be immune to the recession. "I think that everything we do in state government has the potential to be adversely affected by the economic conditions," said Ian Bowles, secretary of the Executive Office of Energy and Environmental Affairs....
Unless you are ISRAEL, BANKS, HOLLYWOOD, WAR LOOTERS, BIG PHARMA, etc, etc.
Steve Kropper of WindPole Ventures, a wind power development firm in Boston.... said he and his peers are optimistic the state's environmental goals - to reduce greenhouse gas emissions through increased renewable energy use - and an anticipated injection of aid from the federal government will help the wind industry keep growing.
If they were going to apply this for GOOD REASONS and ECONOMIC and ENERGY INDEPENDENCE for people I'd be all for it; however, that is NOT why the GLOBALISTS are advancing such plans. It's all about $$$$$ for THEM!!!!
"We all joke Obama gets up in the morning, he thinks, 'Wind!' and then he goes to brush his teeth," Kropper said, referencing President Obama's stated commitment to increase use of solar, wind, and water power.
He only thinks that after Israel dude. He's got his priorities straight.
Bode, of the American Wind Energy Association said, the industry hopes federal officials extend the timeline for a tax credit that pays wind project owners about 2 cents for every kilowatt hour they generate. The credit is now set to expire at the end of the year.
See what I mean about the $$$$?! Where is YOUR ENERGY TAX CREDIT, AmeriKa!!!!!?
Also, she said, the organization wants the tax credit to be temporarily modified so that developers can seek funding from the government instead of private sources, which have largely stopped lending....
I thought YOUR TAX MONEY WENT to LOOSEN LENDING, America?
Hey, what's ONE MORE GIVEAWAY on those BELEAGURED SHOULDERS, taxpayers?
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.... The $644,000 Medford project, which benefited from a number of major grants....
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From YOU-KNOW WHO, taxpayers.
