Angus King has been connected — but never officially linked — to Yale investments in the past

Yale invests in controversial Maine wind farm

Yale is notorious for keeping its endowment holdings confidential, but in early March, it did make public one long-suspected investment in a Maine wind farm.

The University joins the Department of Energy in investing in Record Hill Wind, which is building a wind farm project in Roxbury, Maine. University officials and the project’s developers say the wind farm will have economic and environmental benefits, but a small but vocal contingent of Roxbury locals has criticized the project for harming the region’s ecology, and the Department of Energy’s $102 million loan to the project is contingent on the Maine Supreme Judicial Court overturning an appeal currently stalling construction........

The financial backing from Yale and the Department of Energy will help restart the project, which was halted in fall 2009 as the national economy plummeted. Yale and other sponsors have collectively invested some $12 million in the project, which is run by developers Independence Wind of Maine and Wagner Wind Energy of New Hampshire, Independence Wind President Rob Gardiner said. The recent Department of Energy loan will fund a 50.6 megawatt wind power plant, eight-mile transmission line, and other equipment for the project.

Record Hill Wind has been connected — but never officially linked — to Yale investments in the past.......

http://yaledailynews.com/blog/2011/03/24/yale-invests-in-controvers...

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Comment by Gary Campbell on May 1, 2016 at 3:28pm

Yale recently announced that they are closing its Climate & Energy Institute:

http://www.americanthinker.com/blog/2016/03/a_sure_sign_of_warmism_...

 

Maine as Third World Country:

CMP Transmission Rate Skyrockets 19.6% Due to Wind Power

 

Click here to read how the Maine ratepayer has been sold down the river by the Angus King cabal.

Maine Center For Public Interest Reporting – Three Part Series: A CRITICAL LOOK AT MAINE’S WIND ACT

******** IF LINKS BELOW DON'T WORK, GOOGLE THEM*********

(excerpts) From Part 1 – On Maine’s Wind Law “Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine if the law’s goals were met." . – Maine Center for Public Interest Reporting, August 2010 https://www.pinetreewatchdog.org/wind-power-bandwagon-hits-bumps-in-the-road-3/From Part 2 – On Wind and Oil Yet using wind energy doesn’t lower dependence on imported foreign oil. That’s because the majority of imported oil in Maine is used for heating and transportation. And switching our dependence from foreign oil to Maine-produced electricity isn’t likely to happen very soon, says Bartlett. “Right now, people can’t switch to electric cars and heating – if they did, we’d be in trouble.” So was one of the fundamental premises of the task force false, or at least misleading?" https://www.pinetreewatchdog.org/wind-swept-task-force-set-the-rules/From Part 3 – On Wind-Required New Transmission Lines Finally, the building of enormous, high-voltage transmission lines that the regional electricity system operator says are required to move substantial amounts of wind power to markets south of Maine was never even discussed by the task force – an omission that Mills said will come to haunt the state.“If you try to put 2,500 or 3,000 megawatts in northern or eastern Maine – oh, my god, try to build the transmission!” said Mills. “It’s not just the towers, it’s the lines – that’s when I begin to think that the goal is a little farfetched.” https://www.pinetreewatchdog.org/flaws-in-bill-like-skating-with-dull-skates/

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Hannah Pingree on the Maine expedited wind law

Hannah Pingree - Director of Maine's Office of Innovation and the Future

"Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine."

https://pinetreewatch.org/wind-power-bandwagon-hits-bumps-in-the-road-3/

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