NC joins pact to cover offshore wind farm related fisheries losses
North Carolina has joined nearly a dozen other East Coast states to create a financial compensation program that would cover economic losses within the fisheries industry caused by Atlantic offshore wind development. The Fisheries Mitigation Project aims to establish a regional administrator to oversee the process of reviewing claims and making payouts collected through a fund paid for by wind developers to commercial and for-hire recreational fisheries industries to mitigate financial loss associated with offshore wind farms. The goal first and foremost of the states is to ensure wind energy areas and the cable systems that will run from wind farms to land are developed in way that would result in minimal impacts to the fisheries industry. >click to read< 10:22
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