States Take Trump to Court Over Offshore Wind Cancelations
Kuwait Says Oil Output Won't Recover for 10-12 Weeks After Hormuz Reopens With over two decades of journalistic experience working in newspapers, trade publications and as a mining reporter, Andrew Topf is a seasoned writer specializing in… The Trump administration’s war on wind is heading back to court.
New York’s attorney general sued the administration Tuesday over one of its deals to end an offshore wind project.
Under the deal announced in March, French company TotalEnergies isreceiving nearly $1 billion to walk away from two US offshore wind leasesoff the coasts of New York and North Carolina.
State attorneys general from Maine, Massachusetts, New Jersey, Rhode Island and Vermont joined New York in challenging the cancelation of the lease off of New York, the larger of the two projects and the bulk of the payout,.
They say it will harm their states’ economies, energy grids and climate goals.
When President Trump’s administration tried to halt offshore wind construction,federal judges repeatedly overturned those orders, which led to the workaround of paying companies to cancel their wind leases.
The money is only available to companies if they invest in oil and gas instead.
Trump often talks about his hatred of wind power and has said his goal is to not let any “windmills” be built.
Separately, AP reports thata coalition of renewable energy groups filed a complaint in District Court in Oregon on Sunday over Pentagon officials not completingnational security reviews for new onshore wind farms on private lands.
They say this inaction has brought a total halt to all wind project development.
Together, the canceled projects would potentially have generated more than 4 gigawatts of electricity, enough to power about 1.3 million homes.
According to the complaint filed Tuesday, the New York project would have brought $10 billion in savings to ratepayers across New York, with $500 million in savings for low-income households.
| Product | Price | Change |
|---|---|---|
| Brent Crude | $102.14/bbl | +0.34% |
| WTI Crude | $96.90/bbl | +0.21% |
| EN590 Diesel | $846/MT | +0.18% |
| Jet Fuel A-1 | $1090/MT | +0.55% |
| Mazut M100 | $450/MT | -0.15% |
| Bitumen 60/70 | $470/MT | +0.08% |
| Sulphur Gran 99.5% | $470/MT | -0.44% |
| Urea 46% Gran | $650/MT | +1.12% |
| NPK 16-16-16 | $460/MT | -0.28% |
| Nat Gas TTF | $15.42/MMBtu | +0.92% |
Comments
Post a Comment