Friday, March 13, 2009

Economic Development

The installation of wind turbines not only generates extra clean energy, but it would also contribute to the creation of jobs. Gamesa, a Spanish wind turbine maker, will be building a blade manufacturing plant in the US, creating 1,000 new jobs over the next five years. Also, wind energy would also contribute to the increase of personal income, tax income and landowner net revenues from leasing their land for turbine installations. For example, at Lake Benton in Minnesota, approximately $1 million of annual property tax revenue are generated for each 100 MW of wind development.

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