More Politics & Law Questions

What kind of a turn will the economy make if wind turbines were put to use?

Let’s say there’s a sucessfull company in…the USA(let’s also say there’s no corruption there).And the company is rich enaugh to provide every house there is with a WIND TURBINE.The company provides wind turbines for every house that cover most of the electricity being spent.Now what kind of an impact could that have on the economy? Will the electricity company bankrot?If and so,how would that result on the taxes and the balance of the economy? I don’t know much about this stuff.But I would certainly like your opinion.

Become an Expert →

Answer #1

Coal companies would go under, (coal is used to make electricity) and the electric utility companies would suffer greatly and probably go under as well. Just these two examples alone would result in massive job loss and be devastating to the economy. The primary reason for the troubled economy right now is the lack of good paying, steady jobs. People can’t spend money if they don’t have a way to earn it. The Government can’t collect taxes from people who aren’t working. Things go deeper than this, but here’s just one example.

Answer #2

so from a good intention in becoming ecological,the economy will devestate?

Answer #3

But why the need for Coal??Why should we depend on it when we have an infinite source of electricity -the wind.?And also The Sun.

More Like This

Why to use force to make peace? - 5 Answers
I need couple of arguments why I am pro to use force to make peace.
Did the Nazi medical experiments later turn out to be useful? - 7 Answers
I've been reading about some of their Human experimentation such as the Bone, muscle, and nerve transplantation experiments, ...
Is Mexico using immigration to avoid a revolution? - 4 Answers
It would seem this is the case. When I was looking up the Mayan sitiation I found that mexico was encouraging the people to l...
Do you feel that Obama's use of executive privilege in the Fast and Furious scandal makes him look guilty? - 6 Answers
So there's this organization called FTA that is designed to stop drug cartels and illegal arms selling by actually selling gu...
Americas economy - 1 Answers
Does america have a lot of economic freedom?
Is marijuana the subject of the newest prohibition? - 10 Answers
Me and my girls were talking the other night and the conversation soon turned to marijuana and the act of it being decriminal...
The economy in uk - 1 Answers
How is the economy in uk ? At what stage is it now ? Is it the best economy in the world Can you please give me some details...
Israel and Gaza thing could turn into a WWIII??? - 3 Answers
does anyone think that the Israel and Gaza thing could turn into a WWIII???
Do you think the lawsuits filed against Honda for falsely advertising MPG on the Civic Hybrid will put the company in jeopardy? - 3 Answers
Honda claimed that the Civic Hybrid will get 50 MPG, but it turns out that the claim is misleading. There are several class-a...
What do you think Obama's opinion about the economy is? - 7 Answers
So far the economy is doing kind of better. He even said that in is address this past wednesday.Tell me what do you really th...

Ask an advisor one-on-one!

What kind of a turn will the economy make if wind turbines were put to use?

Law Writers

Kassouni Law

Kejriwal Exclusive

Kassouni Law

Kassouni Law