Explore more publications!

Joint Statement on Pausing of Offshore Wind Leases

“The Trump administration’s announcement yesterday pausing offshore wind leases is its latest egregious attack on clean energy and it lands like a lump of dirty coal for the holiday season for American workers, consumers, and investors. Pausing active leases, especially for completed and nearly completed projects, defies logic, will hurt our bid for energy independence, will drive up costs for America ratepayers, and will make us lose thousands of good-paying jobs. It also threatens grid reliability that is needed to keep the lights on.

“Atlantic states are working hard to build more energy to meet rising demand and lower costs. Already, these projects have created thousands of jobs and injected billions in economic activity into our communities.

“This baseless, reckless and erratic action from the Department of Interior will also inject further uncertainty into the markets, making it harder for states and private companies to secure financing for public works projects if investors know they can be stopped at any time despite having gone through all the necessary local and federal approval processes.

“A federal judge earlier this month ruled the Trump administration cannot simply halt federal approvals of offshore wind permits arbitrarily. We are committed as governors to again fight back to ensure these projects move forward and provide power, jobs, and grid reliability to our communities.”

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

Share us

on your social networks:
AGPs

Get the latest news on this topic.

SIGN UP FOR FREE TODAY

No Thanks

By signing to this email alert, you
agree to our Terms & Conditions