Tag Archives: Investors want a guarantee

Cape Wind Spokesman Mark Rodgers, “Do you have the tea party in Germany?”

Leaders in the American and German offshore wind industries emphasized the importance of a secure political climate in making the region’s offshore wind aspirations a reality during a panel discussion at the Whaling Museum on Tuesday morning. “Investors want a guarantee that the political climate will not change between when they invest and when they get a return,” U.S. Rep. William Keating, D-Mass proposes  the next investment tax credit extension expire not on a particular date, but rather when there are 3,000 megawatts of offshore wind energy in the United States. (For reference, Cape Wind is a 455-megawatt project). In other words, NEVER [email protected]  07:24