Energy And Water Development And Related Agencies Appropriations Act,
Mr. Chairman, I have an amendment at the desk. Mr. Chairman, I rise to offer a very simple and fiscally responsible amendment that should be supported by all Members of this body to prevent the DOE from moving forward on a loan guarantee…
Mr. Chairman, I have an amendment at the desk.
Mr. Chairman, I rise to offer a very simple and fiscally responsible amendment that should be supported by all Members of this body to prevent the DOE from moving forward on a loan guarantee to an offshore wind project. Let me hasten to add that Texas is the leading State for producing wind energy in this great country.
You know, Mr. Chairman, earlier this month, the Department of Energy approved a $150 million conditional loan guarantee for the Cape Wind offshore wind energy project.
This project consists of 130 wind turbines, each 440 feet in height, spanning an area the size of Manhattan, and it is located in the Nantucket Sound off the coast of Massachusetts.
This project would be funded and built primarily by foreign businesses and would fail to create significant local employment opportunities. Rather than using local businesses in the State of Massachusetts, or even in the United States, Cape Wind has outsourced the building of turbines to Denmark and the production of turbine foundations to Germany.
It doesn't take more than a simple Google search, Mr. Chairman, to find out that this offshore wind project has been mired in controversy and litigation for the past 13 years.
Federal agencies were recently required by the courts to conduct more scientific reviews to better assess Cape Wind's impacts to the environment. Cape Wind's litigation troubles are far from over as project opponents--which include the Alliance to Protect Nantucket Sound, Public Employees for Environmental Responsibility, the Town of Barnstable, and the Wampanoag Tribe of Gay Head--can appeal the project after the court rules on the agencies' response.
In addition, there remains an outstanding appeal of the Cape Wind project brought by the Alliance to Protect Nantucket Sound and the Town of Barnstable against Massachusetts' regulators, the utility NSTAR, and Cape Wind. According to the Alliance to Protect Nantucket Sound's president and CEO:
Our case that alleges NSTAR was coerced into signing a no-
bid contract that violates Federal law, discriminates against
affordable green power producers from out of State, and
burdens small businesses and municipalities with
unnecessarily high electricity costs.
Mr. Chairman, this loan guarantee is a wasteful gesture by DOE to support a project that falls into the same category as Solyndra, the ``solar energy giant'' that received over $500 million in taxpayer money before its spectacular crash and burn 3 years ago. We cannot afford to have another failure like this occur paid for by our constituents.
Mr. Chairman, by supporting this amendment, the House can send an important message to this administration that every penny of taxpayer money is precious. If Cape Wind has merit, then it should be built on those merits from solely private dollars and not on the backs of American taxpayers.
I urge adoption of this amendment, Mr. Chairman, and I yield back the balance of my time.