When Cape Wind Associates lost financing for its industrial-scale wind energy farm project in Nantucket Sound, it effectively collapsed. What do you think should happen to Rhode Island-based Deepwater Wind’s larger wind energy project in light of the Cape Wind experience?
Developers of the newly constructed, $113 million New Bedford marine terminal are optimistic about the future of wind energy and the facility itself, despite seeing Cape Wind – expected to be their first and largest tenant – recently lose two major electricity contracts.
The financial debacle that has befallen Russia as the price of Brent crude dropped 50 percent in the last four months has overshadowed the one that potentially awaits the U.S. shale industry in 2015. It’s time to heed it, because Saudi Arabia and other major Middle Eastern oil producers are unlikely to blink and cut output, and the price is now approaching a level where U.S. production will begin shutting down.
PROVIDENCE – The R.I. Department of Environmental Management is stocking trout in ponds throughout Rhode Island for the winter fishing season, placing approximately 3,000 trout in eight ponds statewide.
NEWPORT – The Rose Island Lighthouse Foundation last month announced a $100,000 campaign to restore the habitat for herons and other shoreline birds on the 17-acre island in Narragansett Bay, the Newport Daily News reported.
PROVIDENCE – The R.I. Department of Environmental Management is accepting applications for the Local Agriculture and Seafood Act grants program, which offers grants to assist small or beginning farmers markets and promote the sale of Rhode Island-grown agricultural products and local seafood.