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In breezy Britain, wind farm cooperatives take off

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OKIsItJustMe Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-16-08 04:19 PM
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In breezy Britain, wind farm cooperatives take off
http://www.google.com/hostednews/afp/article/ALeqM5judpEZSyCYxMGTKJ9xmtgXVecAlQ

In breezy Britain, wind farm cooperatives take off

LONDON (AFP) — With annual returns of 10 percent coupled with low risk, wind farm cooperatives are drawing growing numbers of investors in Britain -- good news for Europe's hopes to lead the world in renewable energy.

Along with being a safe investment during turbulent economic times, the cooperatives are drawing interest from those concerned not just with global warming and climate change, but also with energy security.

"It's not only a climate issue, but it's also a problem with energy supplies," Clive Burke, a shareholder in the Westmill cooperative near Swindon, southwest England, told AFP.

"We are exceeding the ability of our planet to support our energy needs."

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