Will Energy Woes Help Wind Power?
President Bush and Senator McCain have both called for renewed offshore oil and gas drilling. With gasoline prices inching above $4 per gallon, political opposition to such development may be on the ebb. What about opposition to offshore wind development? The WSJ investigates. While there is no formal moratorium against offshore wind power, environmentalist and NIMBY opposition has stalled every sea-based wind project proposed in the U.S. thus far. Europe, on the other hand, has over 20 offshore wind farms in operation.