The headwinds and tailwinds affecting offshore wind in the Northeast, explained capeandislands.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from capeandislands.org Daily Mail and Mail on Sunday newspapers.
There’s a lot happening in the offshore wind world right now, especially in the Northeast. And depending on what articles you read, the industry is booming or teetering on financial failure. The reality is probably somewhere in between. There are headwinds and tailwinds, producing what one person in the industry described as “whiplash in headlines.” Making sense of it all can be tough. But the stakes are high: Climate change is happening and electricity demand in the region is projected to rise precipitously over the next decade as people buy electric vehicles and heat pumps.
There's a lot happening in the offshore wind world right now: Some projects are going up, others are delayed or cancelled. There are supply chain and inflation issues, federal lawsuits and, of course, controversy over whether the industry is killing whales. Here's what you need to know.
On Friday, August 4, 2023, the United States District Court for the District of Massachusetts granted summary judgment in favor of the National Marine Fisheries Service (“NMFS”) in the.