Carbon Commentary » Co-operative Bank http://www.carboncommentary.com A critical appraisal of issues in the move to a low-carbon economy Mon, 05 May 2008 15:54:13 +0000 http://wordpress.org/?v=2.3.3 en Community-owned wind farms http://www.carboncommentary.com/2007/11/26/58 http://www.carboncommentary.com/2007/11/26/58#comments Mon, 26 Nov 2007 23:16:54 +0000 Chris Goodall http://www.carboncommentary.com/2007/11/26/58 In Denmark and Germany, large numbers of individuals own shares in local wind farms. If the government encouraged this in the UK, a large part of the local opposition would disappear. Onshore wind farms in windy locations are good investments which could form an effective part of many people’s pension plans. One of the few co-operatively owned wind farms in the country has almost finished raising its funds. Investors have put up £3m to buy two existing turbines in the Fens. Locally owned wind farms should be encouraged as a cost effective means of cutting emissions.]]> In Denmark and Germany, large numbers of individuals own shares in local wind farms. If the government encouraged this in the UK, a large part of the local opposition would disappear. Onshore wind farms in windy locations are good investments which could form an effective part of many people’s pension plans.

One of the few co-operatively owned wind farms in the country has almost finished raising its funds. Investors have put up £3m to buy two existing turbines in the Fens. Locally owned wind farms should be encouraged as a cost effective means of cutting emissions.

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