The poor get the “picture”, while Warren Buffett just gets richer.
The following talk by Jim O’Donnell, Professor Emeritus of Business and Economics, Huntington University, was given to the Huntington County Planning Commission.
The Economics of Wind Energy
huntingtonccc.org
James O’Donnell
12 November 2014
Local Business & Economics Professor Urges Huntington County Plan Commission to Not Allow Wind Farms
I’m speaking tonight as an adopted son of Huntington Co. But as that adopted son, I have struggled to understand why my chosen homeland would develop wind energy in the southeast part of the county.
I guess it’s for the tax revenue, the few jobs that will come with it, and the lease payments to the several farmers who will permit turbines on their land. But as an investor and economist, I feel a little like the auto mechanic who’s being shown a car that a good customer wants to buy…
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