Fossil Fuels' Hidden Cost Is in Billions, Study Says :: Cape Wind :: America's First Offshore Wind Farm on Nantucket Sound

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The Cape Wind Energy Project is an excellent example of what can be done now to make the transition to renewable energy production without further significant environmental costs. It will stand as a model of progress by the U.S. in meeting its global obligations to reduce greenhouse gases and a model of leadership and compromise by the residents of Cape Cod to reduce air pollution.

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Fossil Fuels' Hidden Cost Is in Billions, Study Says
Tuesday, October 20, 2009
Burning fossil fuels costs the United States about $120 billion a year in health costs, mostly because of thousands of premature deaths from air pollution, the National Academy of Sciences reported in a study issued Monday.

The damages are caused almost equally by coal and oil, according to the study, which was ordered by Congress. The study set out to measure the costs not incorporated into the price of a kilowatt-hour or a gallon of gasoline or diesel fuel. The estimates by the academy do not include damages from global warming, which has been linked to the gases produced by burning fossil fuels.

Note: Click here to read this New York Times article

Also in Energy in the News:
· Energy secretary: 'U.S. lagging in clean-tech race'   (03/09/10)
· In Europe, offshore wind farm increased by 54%   (01/31/10)
· Report Predicts Offshore Wind Boom   (12/31/09)