N.J., N.E., to Consider Fund to Compensate Fishermen for Revenue Lost to Offshore Wind Development

New Jersey is one of nine states that will consider a plan to establish a fund that would compensate commercial fishermen for losses that could be sustained due to impending offshore wind development. The states – Maine, New Hampshire, Massachusetts, Rhode Island, Connecticut, New York, New Jersey, Maryland, and Virginia – on Monday released a Request for Information (RFI) aimed at receiving input from impacted members of the fishing industry, offshore wind developers, corporate and financial management entities, as well as interested members of the public, to inform efforts to establish a regional fisheries compensatory mitigation fund administrator. “Mark off the area and then compensate us,” commercial fisherman Jim Lovgren, of Point Pleasant, said at a meeting on the topic five years ago,,, Photos, >click to read< 07:38

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.