10 of 10
BACKNEXT
Going green gets expensive
Going green gets expensive
An ill wind is blowing for Wyoming wind farmers. As one of the windiest states in the country, Wyoming hopes to make money from its booming wind industry by slapping a tax on wind energy production.

The state recently approved a $1 per megawatt hour tax on wind-generated electricity that will go into effect in 2012 for turbines that have produced electricity for at least three years.

"The intent of the tax was basically to allow all the citizens of Wyoming to enjoy and benefit from the success and prosperity this new industry has brought to the state," said Ed Werner, a Wyoming county commissioner and energy consultant.

The tax will be paid by the turbine owner and revenue from the levy is expected to total at least $4 million a year.

More galleries
Email | Print | Share
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)
Last updated May 06 2010: 5:38 PM ET
More Galleries
Awesome car options for first-time buyers There are lots of good options for millennials shopping for their first car. These models might not be the most popular, but they're worth considering. More
6 surprising things for sale on Taobao Consumers can buy just about anything and get it shipped to their door from Alibaba's Taobao, China's most popular online shopping platform. More
Most notorious recalls ever It's not just automakers that issue massive recalls. From lawn darts to Pokemon balls, plenty of other consumer products have been deemed dangerous, or worse, deadly. More

Special Offer