Myth: Cape Wind would reduce our dependence on foreign oil.
Fact: Given that less than 3% of our oil is used to generate electricity, this project would have a negligible impact on reducing oil consumption.
The United States imports about half of its oil, with more oil and petroleum products coming from Canada than from any other country.
Oil used for electric power generation in the U.S. fell from 20% in 1973 to 2% in 2001.
According to the U.S. Department of Energy, the majority of our oil use is for transportation, not electricity generation.
According to the National Resources Defense Council, "Whatever the various merits of solar, wind, nuclear, et al, they have nothing to do with reducing our oil dependence." (2/1/06)
To reduce our dependence on oil, we must focus on the transportation sector with alternative fuels, hybrid cars and mandated miles per gallon targets. However, we must also proceed with renewable sources of energy - where appropriate, responsible, and efficient.