Wednesday, April 11, 2007

The Winds of Change?

In the early years of national independence Thomas Jefferson wrote a comprehensive survey of his state, the famous Notes on Virginia. When speaking of the western section of Virginia, Jefferson lists a number of resources such as coal. This book was published to advertise the strong character of the people and the variety of natural resources that the state had to offer. However, I doubt that Jefferson ever considered wind as a natural resource to cultivate.

Some environmentalists have told the public for years that tremendous potential exists in the power generation of wind farms. Others protest that wind farms harm the environment. Walter Cronkite and Ted Kennedy, no friends of coal or any other supplier of power, successfully prevented construction of wind farms off of Martha’s Vineyard for aesthetic reasons alone. Some argue that birds flying into the blades and shortening their lives provides a compelling reason to not construct these farms (don’t they also fly into cars, windows of buildings, and other immovable objects?)

Only one reason alone exists to build or to not build, long term viability. Can these energy sources become profitable in the long term without government support? Governor Manchin signed a bill into law recently that raises the property tax rate on wind farms from the salvage rate to the regular rate. Although this removes an incentive to construct these projects, it does give county governments a reason to try to attract them. Manchin also opened the door for wind farm operators to earn tax credits with local investment.

Will wind power displace coal as the source of energy that keeps the lights on? Not a chance. However it creates investment opportunities on land that otherwise may not be developed, helping the local tax base. It also creates a few good paying jobs while increasing West Virginia’s most profitable (legal) export, electric power. Strangely enough, the wind farm that operates now in Tucker County has proven to be a tourist attraction of sorts. You can actually see people, even in busses, stop to get their pictures taken beside the gigantic wind harnessing machines. It makes you wonder if the Dutch that built those windmills so long ago saw them as beautiful or interesting features on the landscape. If these farms can generate profits as well as power, they will create an innovative and environmentally friendly source of wealth for the state and its people.

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