As this is a hot topic locally for so many reasons:
LOHUD---Offshore wind energy will come at a a high cost to Northeast taxpayersAs a renewable energy source, offshore wind appears to be free. In reality, it is among the most expensive electricity options available, and the current plans to develop giant wind farms off the U.S. East Coast will dramatically increase the already high cost of our power.
Coastal states, like Rhode Island, are blessed with substantial offshore wind resources. These resources have attracted significant interest from offshore wind developers with encouragement and generous subsidies from federal, state and local governments.
Today, Rhode Island’s residential electricity costs nearly two and half times more than the U.S. average. Over the past decade, the state’s electricity prices have risen 81 percent, two-and-a-half times the rate of increase of the average U.S. residential price. Why is it so expensive? Renewable energy and green mandates. Is it going to get more expensive? Yes, and offshore wind will be the primary driver. MORE AT Northeast offshore wind will impact taxpayers (lohud.com)
LOHUD---Offshore wind energy will come at a a high cost to Northeast taxpayersAs a renewable energy source, offshore wind appears to be free. In reality, it is among the most expensive electricity options available, and the current plans to develop giant wind farms off the U.S. East Coast will dramatically increase the already high cost of our power.
Coastal states, like Rhode Island, are blessed with substantial offshore wind resources. These resources have attracted significant interest from offshore wind developers with encouragement and generous subsidies from federal, state and local governments.
Today, Rhode Island’s residential electricity costs nearly two and half times more than the U.S. average. Over the past decade, the state’s electricity prices have risen 81 percent, two-and-a-half times the rate of increase of the average U.S. residential price. Why is it so expensive? Renewable energy and green mandates. Is it going to get more expensive? Yes, and offshore wind will be the primary driver. MORE AT Northeast offshore wind will impact taxpayers (lohud.com)
With reference to this article, the blog received a lengthy lecturing comment that we must all sacrifice to combat climate change and how we should stop printing articles like this "from the Daily Wire". This article is from the Journal News a.k.a. Lohud. Comments about moral responsibility, etc. should be directed to that paper instead.
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