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Karl Schuler's avatar

Yes, the Production Tax Credit makes wind turbines viable. Buffet told an audience in Omaha, Nebraska recently. "For example, on 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." Here in Texas in 2005 the CREZ bill was passed directing ERCOT to plan and install transmission lines to connect west Texas where the wind turbines were being erected to the big cites of the state. It took until 2015 to finish the grid extensions so the wind turbine investors were not curtailed and could pocket the generous federal PTC. Us rate payers picked up the estimated 8 billion dollar cost of these "extension cords" in our electric bills. Lately there has been lots of dicussion about crazy ways to recycling the blades but what happens to the foundations lots of cocrete and rebar which as far as I know become a large wind turbine grave stone. May they RIP.

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Doomberg's avatar

"Headwinds" lmao

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