Tuesday, April 26, 2011

D.C. Stimulus Funds Support Chinese Windmill Manufacturer

The entire idea of stimulus funds is over the top.

You have to take from some, via taxes, borrowing that crowds out the private sector or money printing inflation, to give "stimulus" money to others. What is really going on is that money is taken from the mainstream America and given to the connected with lobbyists. It doesn't matter who those might be.

A Chinese firm, Xinjiang Goldwind Science and Technology, will supply three wind turbines that will be installed at the Field's Point Wastewater Treatment Facility on the Providence waterfront.

Goldwind is China's second-largest turbine manufacturer after Sinovel Wind Group. All this supposedly to benefit the U.S. economy/

Installation of the turbines is being funded in part by $750,000 in federal stimulus funds, reports The Providence Journal.

Cornell law professor William Jacobson comments:
Let me see if I have Obama's wind strategy straight:
We borrow money from China to buy wind turbines made in China which will increase domestic electricity rates so that our manufacturers are unable to compete with China.
There is nothing wrong with borrowing from China or buying their products, IF it is all done in the private sector, but this government involvement at every stage is simply micro-management that distorts the economy and sets up the opportunity for cronyism. When U.S. "stimulus" money ends up supporting Chinese windmill manufacturers, it's a signal things are way off kilter.

6 comments:

  1. It's a big money funnel for whoever's in charge, Red or Blue:

    http://peureport.blogspot.com/2011/04/errp-payments-campaign-donations.html

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  2. And to show what a joke wind power is all this nonsense will only supply about 60% of the plants power needs.

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  3. What the article and the expert fail to take into consideration is that China has cornered the market on rare earths. It takes 2 tons of them to build a wind turbine. We don't have them. China has cornered the market on wind turbines. Ask Pickens.

    If you want wind, you are going to be buying it from China, that is all there is to it.

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  4. Not only does it take a lot of rare earths to build a turbine, but if you want to f**k up the environment, the neodymium extraction process is the way to go.

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  5. Wind power is all about wealth transfers. In the Northwest, Bonneville Power wants to shut down the windmills during the spring when the power isn't needed, but the wind-power producers get federal subsidies for every kilowatt produced, so they want Bonneville to compensate them for lost subsidies during any shutdown. Either way, Americans pay for something they don't want.

    Read about it here: http://seattletimes.nwsource.com/html/localnews/2014756586_windpower13m.html

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  6. INDUSTRIAL WIND TURBINES DO NOT PROVIDE RENEWABLE ENERGY!!! Developers claim they provide clean renewable energy, but this is far from the truth. After many years of wind turbines in use, not one coal or gas plant the world over has been decommissioned because of IWTs...and eliminating our dependence on fossil fuels is their raison d’etre. To quote an expert: “Because wind blows intermittently, electric utilities must either keep their conventional power plants running all the time to make sure the lights don’t go dark, or continually ramp up and down the output from conventional coal-or gas-fired generators (called “cycling”). But coal-fired and gas-fired generators are designed to run continuously, and if they don’t, fuel consumption and emissions generally increase.” This is happening in places like Colorado and Texas where CO2 and power plant pollution have increased since they installed wind farms: http://www.denverpost.com/headlines/ci_15081808

    Plus, In fact, IWT’s are a gift to the coal and gas industries. Here’s are two great articles on how inefficient they are at providing power:
    http://www.energytribune.com/articles.cfm/6310/Britains-Wind-Farms-are-No-Spin-Zones-When-Cold-Hits
    http://opinion.financialpost.com/2011/03/05/lawrence-solomon-don%E2%80%99t-count-on-constant-electricity-under-renewable-energy-says-uk-electricity-ceo/
    Implementing better conservation efforts such as LED lighting in government and commercial buildings, better insualation, etc. will reduce carbon output and power demand better than an additional plethora of IWTs.

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