Virginia Agrees to Compensate Fishing Industry for Damage from Offshore Wind Farms

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. 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. >click to read< 07:31

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