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Iowa farmer brings down debt with help from wind turbines — Transcript

by CBS Chicago · 502 words · 72 segments · language en · Watch on YouTube

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  1. 0:00well this is not expected to be a good
  2. 0:02year on the farm the US Department of
  3. 0:04Agriculture is forecasting a 25%
  4. 0:06downturn in farm profits but some
  5. 0:08farmers in Iowa have put something new
  6. 0:10on the ground to hopefully offset some
  7. 0:12of those losses or Janet Shaman has a
  8. 0:15look at their powerful
  9. 0:18idea for a h this is a window of
  10. 0:22opportunity I have my very own wind
  11. 0:24direction machine out there in fact she
  12. 0:26has three wind turbines on her 160 Acre
  13. 0:29Farm in central Iowa as Farmers ready
  14. 0:33their fields there's a new cash crop
  15. 0:35working the land year
  16. 0:37round wind turbines how much money do
  17. 0:40the turbines bring in each year my
  18. 0:42payment is
  19. 0:44$335,000 this year and it keeps going up
  20. 0:47with
  21. 0:48inflation that's made the difference
  22. 0:50between keeping the family farm and
  23. 0:51losing it for struggling Farmers as
  24. 0:54agriculture becomes more unstable due to
  25. 0:56climate change come many days is it
  26. 0:58windy out here practically every day I
  27. 1:01would say when her husband Wallace died
  28. 1:04a decade ago Farm debts lived on how
  29. 1:07much debt did you have I had
  30. 1:09$350,000 and now you have 67 how did you
  31. 1:13get that paid off with my wintering
  32. 1:15money each turbine takes up less than an
  33. 1:18acre leaving plenty of farmable land two
  34. 1:21decades ago there were only a few
  35. 1:22hundred wind turbines in Iowa now there
  36. 1:25are more than 6,000 in this state and
  37. 1:27they turn out about 60% of the state
  38. 1:30energy us wind energy clean and
  39. 1:32renewable avoids carbon emissions
  40. 1:34equivalent to taking 73 million cars off
  41. 1:36the road Nationwide turbines power about
  42. 1:3910% of the US electric grid you might
  43. 1:43call attorney Cathy law the conduit for
  44. 1:45Iowa wind the daughter and wife of
  45. 1:47farmers she's helped Place almost half
  46. 1:49the state's turbines from my farm
  47. 1:51background I think I can talk their talk
  48. 1:53and have conversations with the land
  49. 1:55owners that are interested in having
  50. 1:56wind turbin on their properties both
  51. 1:58women have fielded complaints from CR
  52. 2:00who say the turbines are a threat to
  53. 2:01Wildlife ruin the view and that
  54. 2:05this is too noisy what do you say to the
  55. 2:08Nay nobody's requiring them to put that
  56. 2:10on their Farms or on their land we want
  57. 2:12to be able to put turbin on our land and
  58. 2:15receive those benefits they need to be
  59. 2:17perfect ay help is still oldfashioned in
  60. 2:20some ways but on power the 75-year-old
  61. 2:24is Progressive I look at it as progress
  62. 2:27I think we can't stand in the way of
  63. 2:29progress the Vista has changed from
  64. 2:32decades ago a view she says suits her I
  65. 2:35need to give up one or two acres of my
  66. 2:37land so that I can generate a commodity
  67. 2:39that we all use every day and we all
  68. 2:42want to use more of it every day so I'm
  69. 2:45happy to be able to be a part of that
  70. 2:47generation perspective focused on the
  71. 2:50future for ION America I'm Janet Shaman
  72. 2:54in Wellsburg Iowa

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