Reaping the Wind

Reaping the Wind

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From the solitary windmill standing sentry over a rural homestead to the sleek machinery of a modern wind farm, windmills are a powerful symbol of self-reliance and human ingenuity. Once the province of backyard tinkerers and eccentric inventors, they have over the past two decades entered the mainstream to be embraced by environmentalists, venture capitalists, and policymakers alike. But reaching that point wasn't easy.In Reaping the Wind, journalist Peter Asmus tells the fascinating and convoluted history of commercial wind power in the United States. He introduces readers to maverick scientists and technologists who labored in obscurity, to entrepreneurs and visionary capitalists who believed that a centuries-old idea could be made feasible in the modern world, and to enterprising financial advisers and investors who sought to exploit the last great tax shelter in federal history. Beginning with the early pioneers, from William Heronemus, a former U.S. Navy captain who dreamt of huge floating wind farms off the coast of New England, to the $40 million success story of Jim Dehlsen of Zond, he offers an animated narrative that profiles the colorful cast of characters involved with the development of the American wind power industry.Reaping the Wind is both engaging and instructive, with information about the technologies and policies that drive the industry and give it promise interwoven with the human story of the struggle to develop -- against great odds -- reliable, clean energy from a source as unpredictable and seemingly uncontrollable as the wind. Anyone interested in renewable energy or the human and political drama behind the development of new technologies will find the book an engrossing and enlightening read.Like the vultures that also circle the Altamont, attorneys for the thousands of investors now owning Kenetech stock, ... Merrill Lynch and its investment banking compatriots were accused in the lawsuit of knowing Kenetecha#39;s problems as the offer of preferred stock was being issued. ... conference calls to disseminate false information to investment analysts, who then became conduits of misinformation thatanbsp;...

Title:Reaping the Wind
Author:Peter Asmus
Publisher:Island Press - 2000-11-01


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