from what i've heard (not that it's 'fact' or not) is that the people in that area where he wants to build the 'windmills' are all up in arms. seems like they think this thing will fail and then they'll be left with hundreds and hundreds of old, rusty 'propellers' to look at instead of the farmland they are to be built on.
IMHO, i think the guys a genius and say GO FOR IT!!!
The wind farms in Northern California kind of went that way when the Government pulled the tax exemption on investment in wind power. Now the bigger installations like those in Texas are looking pretty good!!
T-Boone pickens will pick taxpayer's pockets to do this.
My advice: don't give away any subsidies. If the thing really is better, it will pay for itself. If it is not, it will end like the Carter-era subsidies to make gasoline from coal ($9 billion per year), or like the Clinton-era subsidies to make electric cars ($1,350 million/yr, "Partnership for New Generation Vehicles).
Do you see any coal-based fuel gas stations?
Do you see any electric cars?
You don't, but believe me, you or your parents paid for each and every penny wasted on these follies on your 1040 forms to the IRS.
T-Boone can pick my taxpayer pocket any time if it helps wean the U.S. off its massive dependency on foreign oil (and all oil in general) and put the country on a more sustainable energy track. Don't kid yourself about those "subsidies" to non-petroleum energy sources. Production and distribution of oil products involves enormous subsidies, both direct and indirect. Do you not know about the billions in "research and development" subsidies paid to oil companies so they can drill in Alaska, the Middle East, the Gulf Coast, etc.? The petrol companies get huge subsidies, all the while making record billions in profits each year. Why do they need subsidies when they make so much in profits each year?
And don't forget about the indirect subsidies. Oil companies don't pay for the environmental harm caused by petroleum use (aka, "externalities"); we do, in terms of increased health care costs, premature deaths and illness, and lost productivity due to illness. If these substantial indirect subsidies were internalized (absorbed) by the oil companies, it would make petroleum production much less attractive on a dollar per BTU produced basis when compared to wind, solar, and other non-petroleum energy sources.
If you want to talk about subsidies, let's compare apples to apples. As it stands, alternative energy sources have an uphill battle against Big Oil precisely because the playing field is not level, with Big Oil paying much lower costs than it should be.
we do, in terms of increased health care costs, premature deaths and illness, and lost productivity due to illness
I am sorry to hear about your illness caused by Big Bad Oil and hope your lawsuit is coming well; courts in these United States have been known to award millions and even billions for product liability issues.
If your damages are not yet in the process of being reimbursed to you, I can e-mail you a list of dozens of top-notch ambulance chasers who will be ecstatic to take your case for a share of profits, at no charge to you.
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