If the only thing that makes wind power economically viable are subsidies funded by the taxpayer, they are doomed to fail in the long run as some already have. This is especially true if there is money to be made in the building of the facilities due to grants and the like.
Certainly the Bluewater people involved in the construction of the windmills proposed for the ocean off of Lewes will make money, but when the maintenance of the things makes their operation a money loser (which it will) they will be left to rot just like the ones in Hawaii and the California desert. Those are onshore projects which come closer to being viable than the expensive to build and maintain offshore ones.
Remember that the CEO of a competing windmill (snake oil) company testified that the belief of others in the “industry” is that Bluewater is not viable at the price that they have agreed to.
Take a look at this article that I saw on American Thinker.
Please don’t quote contract language about having to remove them and restore the site. Broke is broke and performance bonds will not cover it.
Those who don’t learn from history are doomed….
