Friday, June 01, 2007

Where Now, for the Wind?

The problem is that the staying power of these companies is ultimately dependent on tax benefits from the capricious hands of lawmakers in Congress. A critical test comes at the end of next year, when the tax provisions fueling the initial wind power boomlet are due to lapse.

It takes only a brief visit to the office of Michael O’Sullivan, a senior vice president of FPL Energy at its Juno Beach headquarters, to see that the market experiment in renewable energy is far from settled.

Amid maps detailing wind speeds and transmission lines around the country, a large protest placard rests on Mr. O’Sullivan’s windowsill that proclaims: NO WIND FARM.

(Click to read entire article)

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