Sen. Charles Schumer: No stimulus money for U.S.-China wind farm

A Democratic senator is calling on the Obama administration to reject an expected request for economic stimulus money for a $1.5-billion West Texas wind energy project.

The joint venture between U.S. and Chinese energy companies will be financed largely by China's export-import bank.

But Sen. Charles Schumer (D-N.Y.) said the project organizers reportedly are planning to ask for 30% financing, or $450 million, from the federal stimulus program designed to produce U.S. jobs.

Yet, all of the 240 wind turbines on 36,000 acres in West Texas will be made in a plant in China, producing Chinese jobs. So Schumer is writing Energy Secretary Steven Chu, urging the administration to reject a request for a federal grant should one arrive.

-- Associated Press

File photo: Sen. Charles Schumer (D-N.Y.). Credit: AP.

Comments

[silqworm]

All they have been doing since the financial crisis, which was motivated to prevent wind from breaking away from Wall St. is throwing up dust to stop the future from happening as fast. You are out of angel dust Chuckie. What are you going to do, fight Obama? It's his deal with Gary Locke, the first good thing the administration has ever done and you want to throw a monkey wrench into it. What's going to happen to you incumbents when everyone in the Country what genocidalist monsters both of you Democrats and Republicans have been since at least 1843.