Most people think of big wind projects as a way to harvest the breezes that
blow freely across the earth. But sophisticated investors
look at big wind quite differently. That’s because besides generating
electricity, the large-scale projects also involve sophisticated financial
instruments that harvest tax benefits.
and opponents of commercial-scale wind energy projects on Vermont’s ridgelines use a lot of statistics and facts to
argue their very different sides of the debate. So
it’s difficult to sort out how much carbon pollution might be cut if there were
big wind turbines in the mountains. Or whether the wind generators could
replace bigger electric plants, such as Vermont Yankee.
week, the Public Service Board opens hearings on Vermont’s largest wind development – a proposal for 21 wind turbines
that would stand 440 feet tall on a ridgeline in Lowell. Developers
hoped to avoid some of the controversy that other projects have faced by asking
for, and winning, voters’ support last Town Meeting Day. But it hasn’t
been that easy.