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Green Economics Failure
To much fanfare, Medford installs a wind turbine at a public school.
http://www.boston.com/yourtown/news/medford/2009/07/mcglynn_school_turbine_right_o.html
Total cost of project was $645000
http://www.boston.com/lifestyle/green/greenblog/2009/07/medfords_own_wind_turbine_save.html
"A highly touted wind turbine at McGlynn Middle School in Medford has produced over 38,000 kilowatt hours of electricity since January, saving the city about $5,400, according to estimates from the Medford Clean Energy Committee."
$5400 in six months. $10800 in a year.
$645000*0.04 = $25800.00
The money would have been better spent by putting it in a bank.
And yet, clean sustainable energy is something we absolutely must do, we just need to bring the cost down I guess. (And tax the externalities of that damn cheating coal.)
http://www.boston.com/yourtown/news/medford/2009/07/mcglynn_school_turbine_right_o.html
Total cost of project was $645000
http://www.boston.com/lifestyle/green/greenblog/2009/07/medfords_own_wind_turbine_save.html
"A highly touted wind turbine at McGlynn Middle School in Medford has produced over 38,000 kilowatt hours of electricity since January, saving the city about $5,400, according to estimates from the Medford Clean Energy Committee."
$5400 in six months. $10800 in a year.
$645000*0.04 = $25800.00
The money would have been better spent by putting it in a bank.
And yet, clean sustainable energy is something we absolutely must do, we just need to bring the cost down I guess. (And tax the externalities of that damn cheating coal.)