November 30, 2005, 8:39 PM EST TRENTON, N.J. -- A panel appointed to determine if New Jersey should build energy-generating wind turbines off the coast has released an interim report that _ while it draws no conclusions _ has been criticized by some environmentalists as giving short shrift to wind energy benefits.
Library filed under Energy Policy from New Jersey
November 29, 2005 Newark, New Jersey [RenewableEnergyAccess.com] New Jersey already has the most generous solar incentives in the nation, and if new policies are adopted to the state's broad requirements, solar and all renewable energy technologies will stand to gain greatly over the next decade and beyond.
"Offshore wind power development has potential to generate a series of quantifiable environmental benefits. These benefits appear significant in both absolute and monetized terms, but are arguably marginal relative to the scale of existing energy production and emissions affecting New Jersey's environmental and natural resources. Offshore wind power development also presents a series of potential environmental costs. In the absence of a developed literature, the scale of many of these costs are not readily quantified or monetized, making the nature of these impacts highly uncertain and necessitating additional research." (page 70)