ABC6 News Investigates More Questionable EDC Business Deals
Nov 20, 2012 | Posted by: roboblogger | Full story: WLNE-TV Providence
The state of Rhode Island loaned "38 studios" 75 million dollars, only to watch the company collapse.
Rhode Island Economic Development Corporation and Portsmouth Wind Turbine. The RIEDC paid for a feasibility of a wind built in Portsmouth. Today that turbine after three years is broken forever!
Towns like Portsmouth had wind turbine feasibility studies funded by the RIEDC.The Rhode Island Economic Development Corporation has spent hundreds of thousandsof dollars in a giant social give away program.
The feasability studies contained NO negative information about commercial wind turbines . The State of Rhode through the East Bay Energy Consortium was going into the commercial wind turbine business. If it hadnít been for the financial fiasco scheme and failure of the three million dollar turbine in Portsmouth this program would have continued with a loss of taxpayers hard earned money .
The ABC 6 news should do a news story on these big megawatt turbines breaking down three years after they are built!
The gear boxes only last a couple of years and they were sold to towns like Portsmouth ,Rhode Island like they were going to last twenty years !
Fig. 8. A utility scale wind turbine on fire (Photo: flickr).
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