Summary: The Long Island Power Authority approved the nation's largest offshore wind farm on January 25. It is set in the waters between eastern tip of Long Island and Martha's Vineyard and is supposed to help power the Hamptons. This farm has 15 turbines and is able to power up to 50,000 homes. The company producing these these turbines, Deepwater Wind, says that this is the first on many offshore wind farms. Mr. Cuomo said that "this project will not only provide a new, reliable source of clean energy but will also create high-paying jobs, continue our efforts to combat climate change and help preserve our environment." The project was estimated to cost $1 billion but now is expected to only cost $740 million. This would be paid for by loans taken by the company and equity investments. One concern with the project is that the turbines will effect the ocean view but Deepwater says that from the shore you will not be able to see them. The farm is scheduled to start transmitting power by 2022 which means that construction of the farm can not start later then 2020.