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Elk Wind Farm $45 million upgrade unethical 

Credit:  From Terry McGovern 197th Street, Earlville, Iowa | Telegraph Herald | www.telegraphherald.com ~~

Greenbacker Renewable Energy, the New York investment firm that now owns the industrial wind energy system near Greeley suggests “repowering” all 17 wind turbines at a cost of $45 million. According to Greenback’s representative, “While the project is perfectly functional and capable of running 20 to 30 more years, there is also a lot of benefit of a repower in the eight-to-12-year range.”

There is nothing wrong with the turbines, the only one’s benefiting in this case are the New York bankers. Iowans who care about the environment should be outraged at the blatant corporate greed. This “repowering” will result in over 900,000 pounds of turbine blades being dumped into a landfill where they will slowly leech their toxic chemicals into the earth for the next 1,000 years.

The cost is a good example of how middle-class taxpayer money is transferred to the wealthy. The $45 million they quote will almost entirely be covered by federal and state renewable energy grants and tax credits and the bankers will enjoy 11% guaranteed profits for an energy source that has been criticized by Warren Buffet, Bill Gates, Michael Moore, and climate expert professor Michael Shellenberger as being inefficient, grossly expensive, with minimal impact on carbon reduction. Please contact the Delaware County Supervisors (supervisors@co.delaware.ia.us) and encourage them to disapprove this wasteful and ecologically damaging project as it clearly does not represent the economic and environmental values of Iowans.

Terry McGovern 197th Street, Earlville, Iowa

Source:  From Terry McGovern 197th Street, Earlville, Iowa | Telegraph Herald | www.telegraphherald.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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