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New Energy Plants: Not in My Back Yard

Posted on: Friday, 16 June 2006, 12:00 CDT

A quarter of U.S. residents oppose any energy plant or facility in their hometown, including solar plants or wind terminals.

A survey of 1,001 people by RBC Capital Markets also found that respondents in that 25 percent group are also more likely to believe that high energy prices are temporary, RBC said Friday in a statement.

Call it NIMBY-ism for the energy sector -- 'Not in My Backyard,' said RBC Capital Markets analyst Kurt Hallead. While these opponents represent a minority view, it's a significant minority, and underscores how very difficult it is to invest in new energy sources. We need to do more to educate Americans about the severity of our energy dependence.

Respondents in that 25-percent group also were less interested in candidates' positions on energy issues in the 2004 election, less motivated to learn about these positions the next time they vote and were mostly female.

The survey was conducted May 17-26 by InsightExpress of Stamford, Conn., and has a margin of error 1.35 percentage points.


Source: United Press International

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