Cuomo Quixote's Windmills Go Bust In Lake Erie

Don Andrew Cuomo's Glorious Quest to be "El Presidente" requires windmills to be conquered. The peasants and their businesses will thank him for making them pay the added costs for Wind Power.  Business friendly, peasant friendly, green friendly, a shining knight and Champion for all.

Don Quixote in Madrid

     Cuomo's Power Authority's fresh water watermills went bust when the New York Power Authority pulled the plug on the offshore wind farm project, NYPA officials said it wasn’t “fiscally prudent” because even a 150-megawatt project – on the small side of the agency’s guidelines–would require subsidies of $60 million to $100 million a year. That was two to four times the subsidy a similarly sized land-based wind farm would require to be economically feasible.  “A larger project would just yield a larger subsidy,”  But the subsidy wouldn’t have just lasted for a year or two. NYPA would have paid them for 20 years. So on even a small-scale project, it would have cost $1.2 billion to $2 billion in subsidies over 20 years just to make the project work financially.
     So the brilliant Power Authority trustees are launching a new push for a big wind farm off the Long Island shore, where the demand for electricity is greater.  Will the Don Cuomo tilt more money at these salt water windmills?  Don Cuomo is so greenly correct.  Could Don Cuomo deny the glorious future of wind energy?   Pick up the green lance and charge past the failure of salt water windmills in Spain.  Don Cuomo's Glorious Quest includes being a champion for the Lady Green.   Windmills will be conquered and made to serve for all.   Damn the cost to reap the glory. 

Wanna buy some NY Power Authority Bonds, cheap?

See: New York State Rating Downgrade: Who'll Repay The Bonds As Taxpayers Flee?

New York Exodus As Tax Payers Flee At The Highest Rate In USA. 

  Small-business lobbyist Mike Durant noted, New York has "consistently ranked worst or in the top three worst in business climate. You can't suck every penny out of people and expect them to remain in New York."