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Started By
Message
re: Offshore Windmill Farms....booming buisness
Posted on 12/27/18 at 10:40 am to tgrbaitn08
Posted on 12/27/18 at 10:40 am to tgrbaitn08
quote:
All I know is Im seeing a lot of Us service companies up there investing in the offshore wind farms work
You know why? Government subsidies.
Warren Buffett on wind energy:
quote:
DESPITE BEING FAMOUS for touting the idea that the rich don’t pay their fair share of taxes, investor Warren Buffet seems to be perfectly fine with receiving tax breaks for making investments in Big Wind. "I will do anything that is basically covered by the law to reduce Berkshire's tax rate," Buffet told an audience in Omaha, Nebraska recently. "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."
This post was edited on 12/27/18 at 10:44 am
Posted on 12/27/18 at 10:43 am to terd ferguson
quote:
You know why? Government subsidies.
Just about everyone of the wind companies are from the Netherlands..they are all overseas companies...and yes you're right..they are receiving ridiculous subsides.
It just doesnt make sense.....the numbers dont add up
It's the service companies that are making bank
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