Capital Wind Group

White House Ballyhoos Stimulus $ for Carnahan Wind Farm

Obama Carnahan photoIn response to the perception that much of the stimulus money has been spent on wasteful or unnecessary projects, the White House last week released a report titled "100 Recovery Act Projects That Are Changing America." It included $107 million for a wind farm in Missouri owned by Wind Capital Group (WCG), whose CEO is Tom Carnahan. His sister Robin (in photo) is the Democratic nominee for the Senate and his brother Russ is running for re-election to Congress.

When we commented on this appearance of cronyism back in May, we were under the impression that WCG qualified for a tax credit. It appears, however, that WCG will receive direct payments in lieu of tax credits for up to 30 percent of the cost of the wind farm.

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