Where Wind Power Is, Money and Jobs Follow

When wind turbines go in, employment grows and incomes rise, according to a new study that looks at wind power’s local economic impact, reports Pete Danko at Earthtechling. Its analysis of the wind power production tax credit is one more argument to keep this wind subsidy alive: Wind power reaches right down to the local level as an economic engine. “Taking into account factors influencing wind turbine location, we find an aggregate increase in county-level personal income and employment of approximately $11,000 … per megawatt of wind power capacity installed over the sample period of 2000 to 2008,” write researchers from the U.S. federal scientists. The overriding argument for wind power, of course, is that it can be significant in moving the world off climate-damaging fossil fuels. But the economic piece is also important. A recent National Resources Defense Council report on the economic impact of wind power development shows that wind power can bring into counties  millions in taxes and fees, annual multi-thousand wind turbine payments to landowners and hundreds to local residents, and great increases in per capita income, besides creating many new jobs.

Join the swelling numbers of voters TELLING Congress they’ll vote for Clean Energy candidates here: http://signon.org/sign/we-are-the-clean-99?source=c.em.cp&r_by=487176 then please – spread the word. This is how YOU can make a difference.

Source

Wind Power Spurs Jobs, Income Gains At County Level, originally posted at: http://www.earthtechling.com/2012/10/wind-power-spurs-job-income-gains-at-county-level/
Earthtechling, Pete Danko – October 15, 2012   original study: http://www.sciencedirect.com/science/article/pii/S0140988312001466

NRDC report: www.nrdc.org/energy/wind-powered-communities/files/wind-communities-ib.pdf

 

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About melharte

Mel (Mary Ellen) Harte is a biologist (PhD) and climate change educator. She co-authored the free online book, COOL THE EARTH, SAVE THE ECONOMY, available at www.CoolTheEarth.US, and writes the CLIMATE CHANGE THIS WEEK column at the HuffingtonPost. Living summers in the alpine Rockies, she is on the frontlines of watching what climate change can do. Her diagnostic digital photographs of wildflowers have appeared in numerous publications.
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