Green Power Superhighway Faces Opposition from Unexpected Source - Buy and Hold Plus

Description

As you know, one of the problems with building solar and wind projects is that the places where the wind blows and the sun shines are often far away from the places that need them. While lots of wind blows on the Great Plains and lots of sun bakes desert in the southwestern United States , those places are far away from most major population centers, especially those on the East Coast.

Because of the lack of transmission lines to carry green energy to population centers, as much as 300,000 megawatts of green power projects are being put on hold. One of the projects in the headlines which was held up was the wind farm that T. Boone Pickens proposed.

The lack of transmission capacity has caused some to call for government investment in a "green power superhighway." According to ITC Holdings , which is biased because it builds transmission lines, this green power superhighway "will cost a tiny fraction of the money we spent on the highways and do a ton more good."

Some powerful ...

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http://buyandholdplus.com/blog/2009/11/green-power-superhighway-faces-opposition-from-unexpected-source.html

http://buyandholdplus.com/blog/2009/11/green-power-superhighway-faces-opposition-from-unexpected-source.html