Texas windies ..
Posted on 11/01/2023 8:43:45 AM PDT by Incorrigible
The Danish company Ørsted announced Tuesday night it will “cease development” for what was slated to be New Jersey’s first offshore wind farm, as well as plans for its second project.
It’s a blow to Gov. Phil Murphy’s ambitious clean energy goals and a stunning development for environmentalists supporting the energy alternative, once thought to be operational at the Jersey Shore between 2025 and 2026.
Murphy blasted the company’s decision in a statement, calling it “outrageous.”
The development arrives four months after the Democratic-controlled state Legislature passed a bill that Murphy, a Democrat, signed into law allowing Ørsted, the largest offshore wind developer in the world, $1 billion in tax credits to help keep the Ocean Wind 1 project afloat.
...
Murphy said in his statement that Ørsted’s decision to “abandon its commitments to New Jersey is outrageous and calls into question the company’s credibility and competence.”
“As recently as several weeks ago,” Murphy said, “the company made public statements regarding the viability and progress of the Ocean Wind 1 project.”
...
In the Garden State, long seen as a leader on wind energy, Murphy has repeatedly in recent months said he was optimistic the project would still come to fruition despite cost concerns.
(Excerpt) Read more at msn.com ...
Dominion energy must cancel it’s $9 billion Atlantic ocean wind farm before the company goes bankrupt. Democrat CEO Bob blue has already caused the stock to drop from $90-$40.
P
Is megalodon really extinct?
REALLY EXTINCT?
Wind power is bird killers, never makes any money, they are unusalbe after 10 years, and are made of toxic crap that has to be buried.
Coal and hydropower are excellent and for some reason the eco-commies hate them.
Wind farms are so f’g ugly. Yuk.
Yep!
The comments were that the project was teetering on insolvency, Herr Murphy.
“Outraged Murphy rips company.”
big whoop: the state won’t have to pay the 1 billion in tax credits since nothing was built ... nothing actually lost other than some egg on a politician’s face ...
The whales WIN !!!!!!!
Little bit windy or so I’ve heard. Never
been on one but has spent some time in
the natural gas fed systems.
ANYTHING that pisses off the scumbags in Trenton, including Phil Murphy, is ultimately good for the citizens of New Jersey.
Good news.
I laugh at the idea of solar in Seattle - it has an average 226 cloud covered days a year
I don’t understand how they persuade people to go for it. My guess is that they send the power to CA during the summer, for air conditioning and people are satisfied with the subsidized electric bill for the two months of the summer.
What I find even weirder is that they hired a guy to handle the construction of off shore wind farms, or at least investigate it. Never mind that they have been crying about the whales and the salmon and planning to tear down electric power dams to save the salmon.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.