Supporters, opponents make final Cape Wind case
"So basically, you're looking at about two-and-a-half times market rates and about double other green projects like land-based wind. This is basically a transfer of wealth from Massachusetts ratepayers to a private developer," Parker said.
Robert Rio agrees. He's a senior vice president with Associated Industries of Massachusetts, which represents about 6,000 companies across the state - many of which, he says, would be crippled by higher electric rates if the Cape Wind contract is approved.
September 29, 2010
by Anthony Brooks
in WBUR 90.9 fm
BOSTON - It's been a very long journey for Cape Wind, and now it comes down to this: an obscure government panel, meeting in a makeshift hearing room above South Station in Boston.
Three commissioners from the Department of Public Utilities will decide whether or not Cape Wind goes forward. It's a huge decision, worth billions of dollars to the developers of Cape Wind. But for much of the last three weeks the questions and expert testimony have been virtually indecipherable.
Buried in the dense technical jargon is a simple question: Is the $2 billion plan to build 130 wind turbines... [continue via Web link]