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Nov. 5 (Bloomberg) -- A $1.5 billion wind-farm project in Texas should be banned from receiving U.S. government stimulus funds because most of the power turbines would be made in China, Senator Charles Schumer said. Full Article at Bloomberg.com
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The project will be funded by Chinese banks through loans to be obtained by unit Shenyang Power Group, which owns 49 percent of the wind farm, Lin said by phone from Shenyang, the capital of northeast Liaoning province. Full Article at Bloomberg.com
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By Neil King Jr. and Stephen Power A proposal to use federal stimulus dollars to finance a Chinese-backed wind project in Texas is under attack from some members of Congress, the latest sign of tension in Washington over foreign-owned firms' efforts to... Full Article at Wall Street Journal
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WASHINGTON — Sen. Charles Schumer on Thursday implored the Obama administration to withhold federal funds from a planned West Texas wind farm because it will rely on turbines manufactured in China. Full Article at Houston Chronicle
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News that $450 million in federal stimulus money might go toward installing Chinese-made wind turbines in Texas prompted criticism on Thursday, with Senator Charles E. Schumer, Democrat of New York, calling on the Obama administration to deny federal... Full Article at The New York Times
Related Quotes
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China is fast emerging as one of our main rivals in the race to build the technology that can help us achieve energy independence ... We should not be giving China a head start in this race at our own country’s expense.
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One of the many reasons we had the financial collapse that we had is because China manipulated its currency
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I don’t care if the Chinese invest here and create jobs here: It’s where the jobs are that I care about
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America is fully capable of making these wind turbines
