[ exact phrase in "" • results by date ]

[ Google-powered • results by relevance ]


News Home

Subscribe to RSS feed

Add NWW headlines to your site (click here)

Sign up for daily updates

Keep Wind Watch online and independent!

Donate $10

Donate $5

Selected Documents

All Documents

Research Links


Press Releases


Publications & Products

Photos & Graphics


Allied Groups

The end of Massachusetts’ offshore Cape Wind project?  

Credit:  By Jillian Kay Melchior | National Review Online | January 8, 2015 | www.nationalreview.com ~~

Massachusetts may be unable to proceed with its ambitious offshore Cape Wind project after two major purchasing partners terminated their agreements yesterday, citing missed deadlines for financing and construction.

National Grid had earlier agreed to purchase half of the energy generated by Cape Wind, while NStar would buy an additional 27.5 percent. But without a buyer for any energy Cape Wind would generate, the project may not be able to go forward, said both an IHS Energy expert and a former Massachusetts secretary of energy and environmental affairs.

The agreement would have forced New Englanders to pay for energy generated by the offshore project, which costs at least three times more than current residential rates, according to the Alliance to Protect Nantucket Sound, a nonprofit that has opposed Cape Wind. Overall, the project “represents a $4 billion rate hike to [Massachusetts] households, businesses and municipalities,” the group has claimed.

The offshore project’s supporters are now blaming legal challenges brought by the Alliance to Protect Nantucket Sound for this new setback, also complaining that William Koch is a board member for the group.

But in criticizing the nonprofit, one local editorial page unintentionally reveals the validity of the Alliance to Protect Nantucket Sound’s argument that Cape Wind is bad for Massachusetts’ economy and consumers:

Cheap Arabian oil, cost-effective hydraulic fracturing extraction and booming domestic oil production sustain not only the Koch empire, but the entire system of consumption by keeping that fossil-fuel-based economy profitable, and encouraging the market to ignore the renewables. . . .

We need projects like Cape Wind. We need Congress to support its development with reliable financing tools, because the market – which is looking more and more like it’s rigged against progress – isn’t helping right now. And we don’t have time to waste.

But technology hasn’t advanced enough to make the price of wind energy competitive with more traditional energy sources, including natural gas, which has resulted in a major decrease in carbon emissions in the U.S. Never mind that, Cape Wind’s supporters say: If the market can’t sustain lofty renewable endeavors, the government should simply force taxpayers to support them.

Source:  By Jillian Kay Melchior | National Review Online | January 8, 2015 | www.nationalreview.com

This article is the work of the source indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.

The copyright of this article resides with the author or publisher indicated. As part of its noncommercial effort to present the environmental, social, scientific, and economic issues of large-scale wind power development to a global audience seeking such information, National Wind Watch endeavors to observe “fair use” as provided for in section 107 of U.S. Copyright Law and similar “fair dealing” provisions of the copyright laws of other nations. Send requests to excerpt, general inquiries, and comments via e-mail.

Wind Watch relies entirely
on User Funding
Donate $5 PayPal Donate


News Watch Home

Get the Facts Follow Wind Watch on Twitter

Wind Watch on Facebook


© National Wind Watch, Inc.
Use of copyrighted material adheres to Fair Use.
"Wind Watch" is a registered trademark.