Another financial blow is about to hit Marylanders like a gust of wind. The Governor is attempting to pass the Maryland Offshore Wind Energy Act for the third year in a row, which would use a system of "offshore renewable energy credits" to help finance the construction of massive wind turbines a dozen or so miles off Ocean City. Under the bill, Marylanders would contribute money towards prices for the energy generated by the wind farms, with an increase of $1.50 per month for the average electric customer. The bill, in basic terms, is just another tax increase for Marylanders that may already be struggling to pay bills now. The Governor has also admitted that the project may take years to get under way, and by this time, that state of the economy may still have not recovered enough to support more unstable projects. The measure offers a "narrow strike zone" that wind developers may well be unable to hit, the Governor has said. He even suggested that Maryland may need to partner with neighboring Delaware or with the federal government to provide enough incentives for a project to be launched in the mid-Atlantic. The terms still remain unclear and the skies cloudy on this bill that seems like nothing but another poor investment for the state of Maryland.
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