WTOL.com, Toledo's News Leader, News 11 | US-China wind farm seeks stimulus money
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WASHINGTON (AP) - 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., says the project organizers reportedly are planning to ask for 30 percent 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.
(Copyright 2009 by The Associated Press. All Rights Reserved.)
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