Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
The real jobs don't come from the profits in any event, they come from the costs. The costs of manufacturing the windplants, the costs of installing them, the costs of maintaining them.

First, if Ohio rolls out, first, 20% of its current electricity consumption, and then proceeds to go offshore and starts exporting power, the "installation phase" is by no means temporary. It may be temporary for any given location, but its an ongoing economic stimulus in the state.

Second, the ongoing impact will be a greater share of consumption spending by Ohions remaining in the state.

Now, certainly a state-sponsored financing system that provides community financial dividends, over and above financing costs, will boost that further. But we are not going to get that state-sponsored financing system by trying to minimize the overall job creating potential of the windplants themselves ... to get that, we need to point out the full job creating potential of the windplants themselves, and then point out how it can be leveraged still further with public ownership of the wind generators.

I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.

by BruceMcF (agila61 at netscape dot net) on Sun Apr 22nd, 2007 at 02:51:40 PM EST
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