Also in USA Today, it’s reported that the Mineral Management Service has given the green light to the Cape Wind project, which has been fought by the Kennedy’s as a visual blight from the giant Kennedy Compound. The MMS announced that it sees no major environmental problems with the project, which would take it one step closer to actual development.
Cape wind would put up about 130 windmills on about 25 square miles of ocean. The wind turbines would be 400 feet tall with a blade pointing upward. supposedly, Cape Wind could produce 75% of Cape Cod’s power demand, though my bet is they’re talking about installed capacity, rather than actual probable power generation from fickle winds). Fighting Cape Wind has been a family exercise for the Kennedys, with Robert Kennedy Jr.…
Continue ReadingAccording to USA Today, the energy elements of Obama’s “stimulus” package add up to about $58 billion. He’d use $32 billion to fund a smart electricity grid;$20 billion for Renewable energy tax cuts and a tax credit for research on energy efficiency and clean energy, plus a multiyear extension of the green energy production tax credit; and $6 billion to weatherize modest-income homes.
There’s not all bad here.…
Continue ReadingLast week I blogged about the news accounts of ExxonMobil’s coming out in favor of a carbon tax. I was too hasty. I should have read Rex Tillerson’s speech first–and very carefully. Mr. Tillerson did not call for a carbon tax as reported in the Wall Street Journal. Deep in his speech, Tillerson argued that carbon taxation is better than cap-and-trade as a regulatory program.…
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