http://www.washingtonpost.com/wp-dyn/content/article/2011/03/03/AR2011030305856.html
Maryland's governor O'Malley has a plan to have offshore wind development. However, everyone is against it because of the cost to residents. He isn't really sure how much its going to cost exactly but his estimate is around $9....and everyone is complaining. In the long run, this is going to benefit everyone because it will be cleaner and more efficient energy and will also develop more jobs. There are some Republicans though, who refuse to support this wind plan no matter what the cost is even if the cost decreases. The governor's plan would require Maryland utilities to sign 25-year agreements to buy offshore wind power at a price far above the current market rate. The subsidy would go to developers who say they could not secure financing for the estimated $1.5 billion project otherwise. The cost would be spread among all residential and commercial customers through a monthly fee on electric bills. Yes, there will obviously be charges but wouldn't it be better to start a new energy source now then regret it in the long run when all the oil runs out and they don't have an alternative. They will be sorry that they didn't pay the extra money.
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