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