Jim O’Donnell: the Great Wind Power Fraud is a Rich Man’s Game & the Poor End Up PayingPosted: April 26, 2016
Climate change alarmism is big business for billionaire Buffet. But he doesn’t believe in it:
Warren Buffett: “The public has the impression, because there has been so much talk about climate, that the events of the last ten years have been unusual…they haven’t!
We’ve been remarkably free of hurricanes in the last five years. If you’ve been writing hurricane insurance it’s been all profit.”
Warren Buffett: “I love apocalyptic predictions, because … they probably do affect rates…”
Warren Buffett: “we get a tax credit if we build a lot of wind farms. That’s the only reason to build them.”
The following talk by Jim O’Donnell, Professor Emeritus of Business and Economics, Huntington University, was given to the Huntington County Planning Commission.
The Economics of Wind Energy
12 November 2014
Local Business & Economics Professor Urges Huntington County Plan Commission to Not Allow Wind Farms
I’m speaking tonight as an adopted son of Huntington Co. But as that adopted son, I have struggled to understand why my chosen homeland would develop wind energy in the southeast part of the county.
I guess it’s for the tax revenue, the few jobs that will come with it, and the lease payments to the several farmers who will permit turbines on their land. But as an investor and economist, I feel a little like the auto mechanic who’s being shown a car that a good customer wants to buy…
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