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Well the US wind power industry losing steam this year new installations down sharply from year ago.
Deals to buy renewable power slowed -- canceled in states like Florida and Kentucky.
But one state is celebrating today Kansas.
Opening a new wind turbine -- a cell plant Eric Spiegel with the CEO -- seen as you -- joining us live from Hutchinson Kansas.
With senator Sam Brownback governor -- -- In that stay in -- first on Fox Business governor and -- great the same -- Governor and senator senator you -- how many jobs is this gonna create in the state has created will create.
Well initially it's gonna create about 600 jobs in the state -- Kansas but there really there's a day.
A strong movement upward of that number the plan already has a back order -- units of turbine units in the state of Kansas and across the country.
And we hope that that that amount will grow I would hope it would double triple into the future.
There isn't demand that they are for the equipment that you won't be made -- With the installations down what's it's about 72%.
Through the third quarter.
With some contracts for renewable energy being canceled it why now.
Well we think it's what we think it's a great time and here we have a backlog at this plant that's.
And we see many more big projects being planned.
I think the the next.
The next year we'll look about the same as this year down from 2009 but equal to 2010.
And we see a lot of potential out to prefer the growth after that.
Senator are Eric sitting next -- -- has said that one thing that was lacking from the government is some sort of climate bill.
Where -- black carbon prices would be advantageous.
To encourage this clean energy do you agree with them is their division there I mean you went by it.
Are of -- climate bill.
We we don't need a climate bill to do this.
And not -- pick I think that would be harmful on the overall US economy which would hurt the development of wind energy because you've got to have a strong investment climate.
You create -- -- wind energy while we do need as a renewable electricity standard to give some modest base amount of electricity production.
But we don't need to go with a Cap and Trade System that would be harmful and it's not the right way for us to go as a country.
We can do this -- investment and innovation in plants like this that modest RES is really what this industry needs not cap and trade.
Eric do you agree with them and how much job not well it is wind power a loser without billions of dollars in government incentives there to use it.
Well I think in the short term they -- -- we're getting from the federal government in the states and things is important.
Because the -- for wind is not yet competitive with other forms -- generation so.
The production tax credits is in place and hopefully that will be extended extended the short term is really important to the development.
And the renewable energy standard that the senator mentioned is very -- as well in fact 29 states have already adopted a renewable energy standard.
Which I think is really help the -- so far hopefully we'll see more states go that way and that will -- add to the demand.
Senator you're OK with subsidizing a form of energy that doesn't today make economic sense without taxpayer money.
That's not an unusual way for an industry to start in the United States that we give a lot of tax credits to a number of different industries to get them up and going to get them moving forward.
And I think once we get the wind energy industry nothing going this thing's gonna -- fine on its own but it does need that support to get it to take off.
And one last -- senator did change gears really quickly get you with President Obama yesterday I believe are you surprised by this trip to Afghanistan.
Well I was.
But I am glad to see him -- in this issue and Afghanistan.
We've got to make sure we're moving forward -- on track.
In that region and I'm glad -- presence over there putting eyes himself on the situation.
It was good to see both you gentlemen today thank you so much for being -- -- -- Siemens corporation US president CEO and also senator Sam Brownback governor elect in the city Kansas come to us from Kansas.
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