BP "Terminates" Controversial Plans For Cape Vincent Wind Farm
BP has dropped its plans to put $300 million worth of windmills in the town of Cape Vincent.
BP Wind Energy wanted to develop a 200 to 285 megawatt wind power farm in the town.
The decision to "terminate" the project comes after years of controversy in the community.
"What does this mean? It means the end of a 10-year battle," said wind power proponent Gary King. "We lost. We felt it was the best thing for the town, but apparently majority rules."
Plans for the wind farm began almost a decade ago and ever since, the project has pitted neighbor against neighbor in Cape Vincent.
Many seasonal residents opposed the plan over concerns that wind turbines would destroy property values.
Meanwhile, many year-round residents supported the idea because of the potential revenue the wind farm would generate, some of which would have helped struggling farmers.
With the fight now over, will the rift in the community ever heal?
Jason Ryan, a spokesperson for BP, released the following statement:
Thursday, March 5, 2015, Watertown, NY
On Wall Street