After many months of delay because Trump said he was going to be really hard on the permit review, it was apparently cancelled for no reason.
Previously, Trump tried to retroactively revoke permits on offshore wind projects that were mid construction, with billions spent. Even if he didn't win in court, the scheduling of ships for this is so delicate that a delay of months could scuttle the build for years as ships move on to other engagements, basically ending any profitability.
This is having a huge chilling effect on our renewables buildout as the magus shakedowns are capricious and massive increase investment risk.
Even if there is growing investment in renewables in the US, it will be a shadow of what it would be otherwise.
And with gas turbines on many year back order, Trump is locking in higher electricity prices fire to shortages because he's trying to block one of the only fast ways to bring new generation into the grid.
Just two days ago, what would be rhe US's largest solar project, the 6.2 GW Esmeralda, was listed as cancelled by the BLM:
https://www.washingtonexaminer.com/policy/energy-and-environ...
After many months of delay because Trump said he was going to be really hard on the permit review, it was apparently cancelled for no reason.
Previously, Trump tried to retroactively revoke permits on offshore wind projects that were mid construction, with billions spent. Even if he didn't win in court, the scheduling of ships for this is so delicate that a delay of months could scuttle the build for years as ships move on to other engagements, basically ending any profitability.
This is having a huge chilling effect on our renewables buildout as the magus shakedowns are capricious and massive increase investment risk.
Even if there is growing investment in renewables in the US, it will be a shadow of what it would be otherwise.
And with gas turbines on many year back order, Trump is locking in higher electricity prices fire to shortages because he's trying to block one of the only fast ways to bring new generation into the grid.