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Wind power is bad for Iowans’ wealth 

Credit:  Des Moines Register | March 2, 2018 | www.desmoinesregister.com ~~

It was good to see “A new gust of revolt against wind power” in the Feb. 25 business section.

Something that is often missed in these discussions is the overall impact on the wealth of all Iowans. This is demonstrated by what Warren Buffet has said on his huge investment in wind energy: “… we get a tax credit if we build a lot of wind farms. That’s the only reason to build them. They don’t make sense without the tax credit.”

The reason this is important is that a purely market driven economy benefits all of us. One that is directed by government fiat influenced by crony capitalists moves wealth to the influential rather than the productive people.

This is a bad recipe for a prosperous people.

— Fritz Groszkruger, Dumont

Source:  Des Moines Register | March 2, 2018 | www.desmoinesregister.com

This article is the work of the source indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.

The copyright of this article resides with the author or publisher indicated. As part of its noncommercial educational effort to present the environmental, social, scientific, and economic issues of large-scale wind power development to a global audience seeking such information, National Wind Watch endeavors to observe “fair use” as provided for in section 107 of U.S. Copyright Law and similar “fair dealing” provisions of the copyright laws of other nations. Send requests to excerpt, general inquiries, and comments via e-mail.

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