Hawaii Geothermal Undersea interisland cable $16 Billion boondoggle

According to a Department of Energy study, the high-voltage undersea cable interconnection project will cost $16 billion to complete, most of which is projected to come from the private sector. To put it into perspective, Hawaii currently spends $5 billion a year importing oil.

http://news.yahoo.com/changing-cities-ending-hawaiis-oil-addiction-103101000–abc-news-tech.html