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“Most people come here for the ocean. It’s not going to be what it was. It’s going to hurt business,” George Benedict, owner of the White Whale Motel in the town of Barnegat Light, said at a recent rally organised by Save Long Beach Island. The local pushback comes amid new financial difficulties for offshore wind projects despite subsidies from states and last year’s Inflation Reduction Act federal climate law. Companies are seeking to renegotiate or cancel agreements for nearly half of the 18GW of generating capacity contracted in the US, according to BloombergNEF, a consultancy.
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