Keystone XL's Goose is Cooked

Maritime acreage about 9 miles off the coast of Rhode Island went on the auction block Wednesday for wind energy development. The Bureau of Ocean Management said it’s the first-ever competitive lease sale for renewable energy on the U.S. Outer Continental Shelf. Combined, the BOEM had generated more than half a million dollars in bids for the acreage. The lease is part of the green hue apparent in U.S. President Obama's second-term economic agenda. With recovery under way, the Obama administration may be on the cusp of starting a U.S. renewable energy revolution, a revolution that may also mark the end to the Keystone XL pipeline debate.
The BOEM put more than 230,000 acres off the Rhode Island coast on the auction block for wind energy developers. Combined, the two lease areas could support the development of more than 3,000 megawatts of wind energy.

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