Virginia Agrees to Compensate Fishing Industry for Damage from Offshore Wind
2 hours ago Charles Rotter 3 Comments
From Bacon’s Rebellion
by Steve Haner
Nine states, including Virginia, have agreed to establish a major compensation fund to pay their private commercial and recreational fishing companies for damages caused by offshore wind turbines.
Three guesses where the money comes from. The announcement, made December 12, hints at it coming from project developers, but in Virginia of course that is a monopoly utility guaranteed by law to collect all costs from its customers. Dominion Energy Virginia’s planned 176-turbine Coastal Virginia Offshore Wind (CVOW) just got more expensive. In other cases and other states, also expect the bill to end up with energy consumers or taxpayers.
If the worst fears over CVOW’s impact on commercial fishing prove correct, a shrinking supply of seafood from the continental shelf will likely raise the prices on what is still coming to stores and restaurants. People may pay more both ways.
In a move very reminiscent of how Europe operates, this effort comes under the umbrella of a non-governmental organization, or NGO. The industry and wind advocates dominate it, and questions about just what authority the federal government has to impose this (none) are sidestepped.
https://wattsupwiththat.com/2022/12/14/virginia-agrees-to-compensate-fishing-industry-for-damage-from-offshore-wind/
