Monday, December 05, 2005

New Jersey offshore wind panel interim report

"Offshore wind power development has potential to generate a series of quantifiable environmental benefits. These benefits appear significant in both absolute and monetized terms, but are arguably marginal relative to the scale of existing energy production and emissions affecting New Jersey’s environment and natural resources. Offshore wind power development also presents a series of potential environmental costs. In the absence of a developed literature, the scale of many of these costs are not readily quantified or monetized, making the nature of these impacts highly uncertain and necessitating additional research." (page 82) [emphasis added]

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