Eric Rosenbloom — September 5, 2006
Wind power promises a clean and free source of electricity. It will reduce our dependence on imported fossil fuels and reduce the output of greenhouse gases and other pollution. Many governments are therefore promoting the construction of vast wind “farms,” encouraging private companies with generous subsidies and regulatory support, requiring utilities to buy from them, and setting up markets for the trade of “green credits” in addition to actual energy. The U.S. Department of Energy (DOE) aims to see 5% of our electricity produced by wind turbine in 2010. Energy companies are eagerly investing in wind power, finding the arrangement quite profitable.