Tim Cahill acknowledges that building clean energy is good:
“I don’t think it’s the real solution,” he said. “It will make us feel good about ourselves, just like covering every citizen in Massachusetts with health care made us feel good. On paper, and mentally, it’s the right thing to do.”
but only if it’s cheaper than burning fossil fuel:
“It’s an industrial-sized plant in Nantucket Sound and in my mind, if it doesn’t lower the cost of electricity and energy, then I can’t support it, because, at the end of the day, it makes us less competitive,” Cahill said.
Never mind that building Cape Wind would help make Massachusetts a leader in clean energy (thus making us more competitive to companies that support environmental improvement and energy independence) and reduce environmental costs.
It always amazes me how free market proponents fail to understand (or acknowledge) that investment is as valid a strategy for economic improvement as cost cutting.