Tag Archives: renewable energy & economic development in rural America

Wind Is the New Corn for Struggling Farmers

Subtitle: Seventy percent of U.S. turbines are in low-income rural areas

By Jennifer Oldham, Bloomberg Businessweek

bloomberg-news-windWind energy, the fastest-growing source of electricity in the U.S., is transforming low-income rural areas in ways not seen since the federal government gave land to homesteaders 150 years ago. As commodity prices threaten to reach decade lows and farmers struggle to meet debt payments, wind has become the newest cash crop, saving family farms across a wide swath of the heartland.
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