States edge closer to regional fund for fishermen hurt by offshore wind projects
A New York state energy agency, in collaboration with Massachusetts and nine other East Coast states, took a concrete step Thursday toward establishing that fund. The New York State Energy Research and Development Authority issued a request for proposals seeking a firm to design and develop the regional fund and a standardized claims process for the fishing industry. The process would apply regardless of which wind project caused the economic loss. In as few as 16 months, the states hope to have a claims process established, a third-party administrator selected, and millions of dollars from offshore wind developers that can be doled out to affected fishermen of any Eastern port as needed. The fund is a response to several projects that are slated to come online along the Northeast amid a lack of any national solution. more, >>click to read<< 14:53
Leave a Reply