Add a New Bears Reason Industry: Wind Energy Headline: (100 character max) Analysis: Cancel 100% agree 3 votes edit Still depending on government support Top Contributor: Alexander Zinsstag | Last edited on 08/14/08 | Edit | History Still depending on government support (100 character max) Cancel 50% agree 2 votes edit Wind's big financiers are going broke Top Contributor: Amit Amin | Last edited on 12/23/08 | Edit | History The recession is hitting the wind industry hard in 3 ways: Governments are seeing shrinking budgets and pressure to divert funds away from research. Big investors in the industry like Lehman, AIG, and Wachovia have gone bankrupt, been bought, or are just plain suffering. Without money the capital intensive industry can't do much. The banks are tightening credit. The industry already had small margins. Rising interest expense is making the situation worse. (100 character max) Cancel 50% agree 2 votes edit Requires too much infrastructure Top Contributor: Michael Sha | Last edited on 08/14/08 | Edit | History It takes so much land and raw materials to build wind turbines that it's hard to scale wind farming effectively. (100 character max) Cancel

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