Taxpayers should fear Cape Wind project

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by George Landrith

Lurking off the coast of Massachusetts like a shark out of a Steven Spielberg movie is a green energy project that is being rushed through the permitting process to meet statutory deadlines. If it goes under, it could end up costing U.S. taxpayers millions.

For almost two decades, efforts have been underway to build a wind farm on Horseshoe Shoal in Nantucket Sound, off the coast of Cape Cod. For almost as long, the effort has been opposed by local residents worried about the project’s cost and potential impact on the environment.

It’s not a small venture. The project would consist of 130 wind turbines, each 440 feet tall. It’s expected to cost $2.6 billion to build. [Read more…]