White House Ballyhoos Stimulus $ for Carnahan Wind Farm

White House Ballyhoos Stimulus $ for Carnahan Wind Farm:

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.It is unclear whether the White House was aware that it was doing the Carnahans no favor by drawing renewed attention to the project. According to the St. Louis Post-Dispatch:

While Tom Carnahan has been in the wind energy business for several years -- he formed St. Louis based Wind Capital Group in 2005 -- the announcement made on Friday by the White House that his wind project in northwest Missouri will receive stimulus cash presents an unwelcome liability for the family's political aspirations."