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I've said repeatedly that offshore wind should be done by State owned companies under a long range coherent plan with the corresponding industrial policy.

That will not eliminate the technical complexity of the industry and the need to understand and allocate the underlying risks properly.

Project finance bankers and associated parasites have brought discipline to projects on that front, but whatever. Enjoy your utopia.

Wind power

by Jerome a Paris (etg@eurotrib.com) on Sun Jul 11th, 2010 at 02:28:43 PM EST
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