Skip to main content

The Revenge of Cape Wind

By Eric McErlain
A couple of weeks back we pointed you to a clip from The Daily Show mocking the opponents of the Cape Wind project, including Senator Ted Kennedy.

Now, according to a columnist at Real Clear Politics, that message is beginning to bite:
In a remarkable turnaround, liberals are now heaping scorn on the 73-year-old senator. Young audiences boo at his name, and the leftish "Daily Show" on Comedy Central makes fun of him.

The source of unhappiness is Kennedy's efforts to kill an offshore wind farm on Nantucket Sound. Cape Wind was to be the first such project in the United States and a source of pride to environmentally minded New Englanders. Polls show 84 percent of Massachusetts residents in favor. But now it appears that America's first offshore wind farm will be near Galveston, Texas.

Proposed the month before Sept. 11, 2001, Cape Wind remains in limbo. It's been frustrated at every turn by a handful of yachtsmen, Kennedy included, who don't want to see windmills from their verandas. Many millions have been spent spreading disinformation and smearing the wind farm's supporters.

The towers would be at least five miles out and barely visible from shore on the clearest day, but the summer plutocrats resent any intrusion on their waterfront vistas -- and, equally, any challenge to the notion that they control everything.

"But don't you realize -- that's where I sail!" may stand as Kennedy's most self-incriminating quote.
Very interesting. Thanks to Instapundit for the pointer.
Labels:

Comments

Post a Comment

Popular posts from this blog

Fluor Invests in NuScale

By
You know, it’s kind of sad that no one is willing to invest in nuclear energy anymore. Wait, what? NuScale Power celebrated the news of its company-saving $30 million investment from Fluor Corp. Thursday morning with a press conference in Washington, D.C. Fluor is a design, engineering and construction company involved with some 20 plants in the 70s and 80s, but it has not held interest in a nuclear energy company until now. Fluor, which has deep roots in the nuclear industry, is betting big on small-scale nuclear energy with its NuScale investment. "It's become a serious contender in the last decade or so," John Hopkins, [Fluor’s group president in charge of new ventures], said. And that brings us to NuScale, which had run into some dark days – maybe not as dark as, say, Solyndra, but dire enough : Earlier this year, the Securities Exchange Commission filed an action against NuScale's lead investor, The Michael Kenwood Group. The firm "misap...
1 comment
Read more

Wednesday Update

By
From NEI’s Japan micro-site: NRC, Industry Concur on Many Post-Fukushima Actions Industry/Regulatory/Political Issues • There is a “great deal of alignment” between the U.S. Nuclear Regulatory Commission and the industry on initial steps to take at America’s nuclear energy facilities in response to the nuclear accident in Japan, Charles Pardee, the chief operating officer of Exelon Generation Co., said at an agency briefing today. The briefing gave stakeholders an opportunity to discuss staff recommendations for near-term actions the agency may take at U.S. facilities. PowerPoint slides from the meeting are on the NRC website. • The International Atomic Energy Agency board has approved a plan that calls for inspectors to evaluate reactor safety at nuclear energy facilities every three years. Governments may opt out of having their country’s facilities inspected. Also approved were plans to maintain a rapid response team of experts ready to assist facility operators recoverin...
Post a Comment
Read more

Nuclear Utility Moves Up in Credit Ratings, Bank is "Comfortable with Nuclear Strategy"

By
Some positive signs that nuclear utilities can continue to receive positive ratings even while they finance new nuclear plants for the first time in decades: Wells Fargo upgrades SCANA to Outperform from Market Perform Wells analyst says, "YTD, SCG shares have underperformed the Regulated Electrics (total return +2% vs. +9%). Shares trade at 11.3X our 10E EPS, a modest discount to the peer group median of 11.8X. We view the valuation as attractive given a comparatively constructive regulatory environment and potential for above-average long-term EPS growth prospects ... Comfortable with Nuclear Strategy. SCG plans to participate in the development of two regulated nuclear units at a cost of $6.3B, raising legitimate concerns regarding financing and construction. We have carefully considered the risks and are comfortable with SCG’s strategy based on a highly constructive political & regulatory environment, manageable financing needs stretched out over 10 years, strong partners...
Post a Comment
Read more