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abnpayne

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abnpayne

Re: Brungy post# 31064

Friday, 05/02/2008 2:31:38 PM

Friday, May 02, 2008 2:31:38 PM

Post# of 103302
I think the wind projects will not come to be.

Excerpt from NYTime OP-ED
“It’s a disaster,” says Michael Polsky, founder of Invenergy, one of the biggest wind-power developers in America. “Wind is a very capital-intensive industry, and financial institutions are not ready to take ‘Congressional risk.’ They say if you don’t get the [production tax credit] we will not lend you the money to buy more turbines and build projects.”

Full article here
http://investorshub.advfn.com/boards/read_msg.asp?message_id=28963725

Read everyone's posts with caution and treat as...

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