Citing local opposition, Gov. Kathy Hochul on Friday vetoed a controversial wind power bill that contained a passage that could have allowed a proposed transmission cable in Long Beach to move through regulatory hurdles. The governor said that while she supports wind power development, she said developers must win support from host communities — which hadn't happened in Long Beach. This was the second regulatory blow in eight days for Empire Wind, a wind farm proposed by Norway-based Equinor in the waters south of Nassau County. Some opponents said the veto could spell the death knell for the project while supporters criticized Hochul, a Democrat, for not fully supporting renewable energy.
The U.S. offshore wind industry, banking on a big assist from the Inflation Reduction Act, has found itself face-to-face with a hurdle that s been right there in the name all along: inflation.
US offshore wind slammed by runaway costs courant.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from courant.com Daily Mail and Mail on Sunday newspapers.
US Offshore Wind Slammed by Runaway Costs gcaptain.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gcaptain.com Daily Mail and Mail on Sunday newspapers.