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To: cloud8

I'm with Patrick. Sure "gang of three" is a bit theatrical, but criticism is sound. Everyone wants energy independence but nobody wants windfarms, oilwells, or nuclear plants anywhere close. Can't be done. I would accept all three in my neighborhood were they possible here.


10 posted on 02/25/2006 5:57:48 AM PST by jimfree ("Here" is suburban Maryland inside the DC Beltway.)
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To: jimfree
> Everyone wants energy independence but nobody wants windfarms, oilwells, or nuclear plants anywhere close.

From Capewind's FAQ:
"Cape Wind will reduce the clearing price for electricity in the New England spot market by reducing operations of the regions most expensive power plants, this will reduce electricity prices in New England by 25 million dollars per year."

Given that the population of New England is just short of 14 million, that will be a reduction of about a whopping $1.79 a year for every man woman and child. The aesthetics are debatable, but does this scheme really make economic sense? The FAQ skips around the cost of construction and when the generators will go on line, but how long will it be before the investors are turning a profit?

12 posted on 02/25/2006 6:31:33 AM PST by cloud8
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