PPRuNe Forums - View Single Post - Wind farms 2
Thread: Wind farms 2
View Single Post
Old 12th Sep 2014, 22:32
  #53 (permalink)  
truthinbeer
 
Join Date: Jun 2011
Location: Next door to the wrong neighbours
Posts: 243
Received 0 Likes on 0 Posts
The annual subsidy for each wind turbine in Australia is $400k-$500k pa for 30 years plus. This subsidy is invariably going direct to the foreign domiciled company that owns it. Not only is the aussie tax payer getting hit with higher electricity costs, but there is no long term benefit to the economy as the subsidy is not spent here.
truthinbeer is offline