Warren Buffett on Wind Energy

“The billionaire was even more explicit about his goal of reducing his company’s tax payments. “I will do anything that is basically covered by the law to reduce Berkshire’s tax rate,” he said. “For example, on wind energy, we get a tax credit if we build a lot of wind farms. That’s the only reason to build them. They don’t make sense without the tax credit.” from the Wall Street Journal (May 4, 2014)

(Vinalhaven ratepayers, if they paid attention, would know the industrial turbines don’t make sense, either. Period.)

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