By Katharine Q. Seeley | The New York Times
At the height of the oil embargo in 1974, Jim Gordon was sitting in a line for gas that extended two blocks, frustrated that the United States had become so dependent on foreign oil.
That led him into the clean energy business and, decades later, to plan the nation’s first offshore wind farm, to be called Cape Wind. It would provide clean power to 200,000 homes on Cape Cod and spur the building of other such farms up and down the East Coast.
But after 16 years — and $100 million of his own money — that dream is, well, gone with the wind. Mr. Gordon has pulled the plug, stymied by endless litigation and a series of financial and political setbacks that undermined Cape Wind’s viability.
After so many years in limbo, he said, he wanted some finality.