County Executive Kathy Dahlkemper, who is also on the board of LEEDCo, the Lake Erie Energy Development Corporation in Cleveland, Ohio, thinks it is great news that they’ve received another $3.7 million handout from the U.S. Department of Energy.
According to Dahlkemper:
Receiving this funding is great news for the development of wind energy, and moves this project one step closer to fruition
… I am proud to be a part of the team that is working to bring both renewable energy and jobs to our region
Taxpayers have now put up a total to $10.7 million to get LEEDCo’s wind energy operation off the ground (and into Lake Erie), unfortunately, without government grants to the wind industry, there is no wind industry. Any renewable energy jobs created will disappear immediately when the grant money runs out. Real businesses create products and services people want and will pay for and, as a result, private investors willingly risk their own money to fund them. Wind energy is not a real business.
Pro tip: If government grants are what your “business” runs on, you don’t have a business.