Thursday, September 03, 2009

Wind power an over-blown investment?

Just a dip in wind power's green investment potential, or a sign of more problems?Has wind lost its power?

Earlier this morning CNBC was covering unemployment by region. While the Midwest has been hit hard, North Dakota has been a bright spot with under 5 percent unemployment.

Aside from a strong labor market, the one sector getting hit hard - a sector that North Dakota has invested into heavily - was the wind industry, a sector where job losses are increasing.

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