Report: Wind projects boost economy mainebiz.biz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mainebiz.biz Daily Mail and Mail on Sunday newspapers.
James Page doesn’t have the typical background of the CEO of an established Maine company. Page holds an MIT doctorate in philosophical foundations of mathematics, or what he calls “an obscure branch of mathematical logic,” a field so specialized that only a handful of universities offer degrees in it. After holding professorships in Boston, New Hampshire and Kansas, Page decided to return to his native Maine, but without any clear plan for how to do it. The number of available teaching jobs in Maine was “about zero,” as he put it.
Maine counties chafe at lower-than-expected payments from wind farms Source: By Bill Trotter, Bangor Daily News • Posted: Sunday, April 11, 2021
Turbines in the Bull Hill Wind project in Township 16 in Hancock County rotate in the breeze in this May 2018 file photo. TerraForm, which owns and operates the project, is one of multiple wind farm operators in Maine to request tax abatements in recent years, which has reduced the amount of revenue counties have received as part of tax increment-financing agreements. Credit: Bill Trotter / BDN
For nearly two decades, commercial wind farms have been touted in Maine as a way to generate electricity without pollution, and as a way rural locales in Maine can generate revenue for themselves by hosting turbines worth hundreds of millions of dollars.