« previous next »
Pages: [1]   Go Down

Author Topic: Biden Gives Big Wind Preferential Offshore Leasing After Issuing Restrictive Oil And Gas Plan  (Read 1033 times)

0 Members and 1 Guest are viewing this topic.

Offline rangerrebew

  • TBR Contributor
  • *****
  • Posts: 176,815
Biden Gives Big Wind Preferential Offshore Leasing After Issuing Restrictive Oil And Gas Plan
« on: April 25, 2024, 07:55:39 am »
Biden Gives Big Wind Preferential Offshore Leasing After Issuing Restrictive Oil And Gas Plan
by Nick Pope  9 hours ago in Green Energy, News Reading Time: 2 mins read
 

The Biden administration unveiled a plan Wednesday to hold up to a dozen offshore wind leases over the next several years as the industry struggles to cement itself in the U.S. [emphasis, links added]

The Department of the Interior (DOI) announced its five-year schedule for offshore wind leasing, which envisions lease sales for plots in the Atlantic, Pacific, Gulf of Mexico, and waters off of American territories.


The agency expects to offer four sales in 2024, one each in 2025 and 2026, two in 2027, and four in 2028.

The offshore wind industry is struggling in the U.S., with developers up and down the East Coast backing out of contracts or requesting further assistance from the government as inflation, high borrowing costs, supply chain backups, and logistical snags have taken their toll on projects.

https://climatechangedispatch.com/biden-gives-big-wind-preferential-offshore-leasing-after-issuing-restrictive-oil-and-gas-plan/
Logged
The unity of government which constitutes you one people is also now dear to you. It is justly so, for it is a main pillar in the edifice of your real independence, the support of your tranquility at home, your peace abroad; of your safety; of your prosperity; of that very liberty which you so highly prize. But as it is easy to foresee that, from different causes and from different quarters, much pains will be taken, many artifices employed to weaken in your minds the conviction of this truth.  George Washington - Farewell Address

Online Smokin Joe

  • Hero Member
  • *****
  • Posts: 61,080
  • I was a "conspiracy theorist". Now I'm just right.
Re: Biden Gives Big Wind Preferential Offshore Leasing After Issuing Restrictive Oil And Gas Plan
« Reply #1 on: April 25, 2024, 09:38:48 am »
Offshore wind will sink at the dock, or shortly afterwards. The additional expense of operating offshore and maintaining those platforms will sink such proposals in debt. Hurricane season is coming...what's on your beach?
Logged
How God must weep at humans' folly! Stand fast! God knows what he is doing!
Seventeen Techniques for Truth Suppression

Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience.

C S Lewis
Pages: [1]   Go Up
« previous next »