“Perryman Comments on Wind Catcher Project Cancellation”

State Rep. David Perryman issued an official statement from the State House regarding the cancelation of the Wind Catcher project. Typical of politicians nowadays, he disparaged and cast blame. I’m not sure why the most important industry in Oklahoma was the target, but maybe it is good for votes in his district (but I doubt it). How does casting blame and disparagement make the world a better place?

Oklahoma dodged a bullet, and we should be appreciative to Texas for taking the brunt of the blame.

Big money investors, including Warren Buffett’s folks, were backing Wind Catcher. Their spiel was that the $4.5 billion would be rewarded over the next 25 years with net savings to the whole project (of which Oklahoma only had about a fifth) would amount to $7 billion. Of course, Oklahoma bears all the property value costs, none of which would ever be recovered. If it was so good, why did they need ratepayers to foot the bill so early?

I think politicians mourning the loss are disingenuous at best.

Oklahoma didn’t need Wind Catcher, and we don’t need make-work government projects, which is more or less what it would amount to.

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