Listen to Audra Parker and Ed Lambert on his morning call in show on WXTK. Lively conversation and latest information.
MYTH: Cape Wind would create jobs, stimulating the Massachusetts’ economy.
FACT: Cape Wind would not produce anything like the jobs its supporters promise — at least NOT IN THE U.S.
Cape Wind has established a disturbing pattern of outsourcing jobs to foreign countries, despite claims to create local jobs. It plans to use Siemens turbines from Germany, is working with the Pension Denmark to obtain financing, and recently reneged on an agreement with a local company, Mass Tank, to manufacture the foundations of its wind turbines – electing instead to go overseas.
Cape Wind will only create 50 permanent jobs and at an outrageous $4.3 billion package of federal and state incentives, these permanent year round jobs would come at a taxpayer cost of $86 million per job! (Read what happened in Germany.)
The decline in tourism would lead to the loss of up to 2,500 jobs, a reduction in tourist spending of $57 - $123 million, a related drop in output of $94 - $203 million, a drop in earnings of $28 - $61 million, & a $1.35 billion decline in property values.
(Statistics provided by Beacon Hill Institute of Suffolk University)
Scores of commercial fishermen, who earn the majority of their income in the area of the proposed site, believe this project would displace commercial fishing and permanently threaten their livelihood.
Wind Energy Gets Away With Murder: Read More
The latest: Under pressure from the wind industry, the White House said it will allow the killing of eagles without fear of prosecution for up to three decades.
Audubon Press Release: Interior Greenlights Eagle Slaughter by Wind Farms - "Instead of balancing the need for conservation & renewable energy, Interior wrote the wind industry a blank check." European News
Cape Wind would be a threat to the endangered Right Whale, sharks, and other marine life in Nantucket Sound.
FoxNews Undercover: Exposes the true cost of Cape Wind: Link to Video Cape Wind Project on Last Legs: Link
Death knell for Cape Wind?
MA utilities will be purchasing green wind power from New Hampshire and Maine facilities at an average price of less than 8 cents per kWh vs. Cape Wind’s price of 19 cents per kWh rising to over 30 cents in the final year. No utility, business or consumer should be forced to underwrite a private developer at more than three times the cost of readily available green energy from other sources. Read Alliance Press Release
Opposition to Cape Wind Continues to Grow
Alliance reports strong fundraising as Cape Wind opposition continues to grow as deadlines loom: Press Release
View ads in major newspapers sponsored by MACP (MA Competitive Partnership) & AIM (Associated Industries of MA)
June 13th in DC papers: Politico, The Hill, Roll Call. "Some Facts About The Cape Wind Project You May Not Know"
May 22nd: Cape Cod Times, Globe, Herald.
Who are AIM and MACP?
New England Ratepayers Association mailed this informational postcard to 30,000 homes in MA: "Don't let middle class taxpayers foot the bill for a risky, expensive, and unnecessary project."
The Latest Poll: Support for Cape Wind is collapsing in MA, according to a survey conducted by the University of New Hampshire Survey Center. See Our Press Release
Cape Wind's Loan Request
Thank you for your comments to the Department of Energy regarding Cape Wind's Loan Request. If you have not already done so, we encourage you to submit your comments to: email@example.com or you can call 202-586-8336. Remember to include your name, address, and phone number. Read More
Link to Audra Parker's testimony to the House Committee on Science, Space, and Technology, April 16, 2013
Challenges For Cape Wind
Significant legal appeals: A new federal lawsuit seeks to void the no-bid Cape Wind contract. Cape businesses, residents, and the Alliance to Protect Nantucket Sound join the Town of Barnstable in challenging the overpriced NSTAR power contract for violations of federal law. Alliance Press Release
Power not fully sold
Federal Loan Guarantee denied & is again under consideration. A key federal tax credit expired on 12/31/13. If it is resurrected it must be determined that Cape Wind began construction by the end of 2013
Pension Denmark issued a $200 million conditional commitment & represents less than 10% of project costs. More recently, the board of a Danish export credit agency has approved a $600 million conditional loan .
Cape Wind's pre-construction requirements are incomplete: seafloor survey work; avian baseline studies; authorization from National Marine Fisheries; numerous permits outlined in the Construction & Operation Plan
Link to SOS December 2013 Newsletter
Cape Cod Times - Letter to the Editor: How is Cape Wind Plan Still Under Consideration?
Cape Cod Times: Cape Wind Foes Sue FAA Over Access to Air Traffic Data
Law360: Cape Wind Opposition Group Sues FAA Over FOIA Request
Bloomberg: Offshore Wind Industry Slowed by Birds, Bomb, Sharks
New York Times: Funds & New Timetable for Offshore Wind Farm in MA
Boston Globe: Offshore Wind Conference Blows Off Cape Wind Opponent: Link
New York Times: US Offshore Wind Farm Made in Europe
Boston Globe: Cape Wind Opponents File New Lawsuit
Cape Cod Times: Cape Wind Foes File New Federal Lawsuit
Alliance Statement responding to the January 22nd court ruling upholding FAA's determination of no hazard
Chicago Tribune Editorial: Let the Wind Power Subsidies Blow Away
Boston Herald: Critic Blasts Cape Wind Tax Credit
Q & A with Audra Parker: Update on Siemen's deal with Cape Wind
Cape Cod Times: Jones Act Poses Catch 22 for Offshore Wind
Cape Cod Times My View: Cape Wind's Disappearing Subsidies
Providence Journal Letter to the Editor: Cape Wind Doesn't Add Up
Bloomberg - Litigation Holding Up Cape Wind Loan Guarantee Application, DOE Official Says
Associated Press - U.S. to Allow Eagle Deaths_to Aid Wind Power
National Geographic - Cape Wind Deadline: Headwinds for Offshore Turbines
Associated Press - Time Ticking on Mass. Offshore Wind Farm: Cape Wind must reach fast-approaching benchmarks or risk hundreds of millions in critical funding.
Wall Street Journal - U.K. Offshore Wind Energy a Turnoff for Investors: They are expensive, subsidies are uncertain, plans are being curtailed.
Associated Press - Duke Energy Pleads guilty to killing eagles and other birds at wind farms.
Commonwealth - Cape Wind Deadline Looms: Failure to begin construction by December 31st could imperil tax credits, investor.
BosCommonwealth - Big Subsidies for Solar and Wind Don't Make Sense: Schemes like Cape Wind only balance out through the contribution of generous subsidies, production tax credits, and mandates that the energy produced be purchased by local utilities .
Boston Business Journal - Cape Wind: An Idea Whose Time Has Come & Gone: Financial firms, which would be happy to make a buck while helping these projects get built, have judged Cape Wind to be so detached from reality to be not worth risking capital. With cheaper green energy available, Massachusetts ratepayers should, too.
Boston Herald Editorial - Wind At Our Backs: Cape Wind is going to Europe for its turbines after reneging on a deal with a local firm.The clock is still ticking on this ill-advised project — and that’s a good thing.
Cape Wind's Financing Woes
Cape Wind is getting a conditional commitment, not a final investment, from a Danish pension company for its European turbines. More recently, the board of a Danish export credit agency has approved a $600 million conditional loan .
The so-called deal with the Danish pension company covers less than 10 percent of its development cost for a downsized project and comes after ten years of trying to line up financing.
It indicates that there is very little interest in this controversial high-cost project from the private sector.
Additionally, if it is determined that Cape Wind did not begin construction by the end of the year, they will not qualify for a key federal tax credit (which expired on December 31, 2013 - but may be resurrected)
Adverse Economic Impacts of Cape Wind
Cape Wind would result in a high net cost to the public due to duplicative subsidies and tax credits, increased electric costs, and negative impacts to tourism, jobs, and property values
The project would impose billions of dollars in additional electricity costs for businesses, households, and municipalities throughout Massachusetts
Scores of commercial fishermen, who earn the majority of their income in the area of the proposed site, believe this project would displace commercial fishing and permanently threaten their livelihoods
The decline in tourism would lead to the loss of up to 2,500 jobs, a reduction in tourist spending of $57 - $123 million, a related drop in output of $94 - $203 million, a drop in earnings of $28 - $61 million, & a $1.35 billion decline in property values
(Statistics provided by Beacon Hill Institute of Suffolk University)
Summer Ad Campaign
Driving home the point that the end of Cape Wind is near, the Alliance to Protect Nantucket Sound launched a late summer radio campaign across the Cape and the Islands, highlighting the costly threats associated with the proposed massive wind turbine project. Read Text and&&&& & Listen Here