It’s Raining Ratepayer Money! Wind Goes A’Wooing in $70 Billion Race for Offshore U.S. Market

Want to spruce up your downtown, or maybe get $10 million to support workforce training at the local college? How about investments to help rebuild aging ports and establish trust funds for your fisherman? A U.S. unit of Denmark’s Orsted A/S is now dangling all of those perks in its push to be an early developer of offshore wind in a potential $70 billion East Coast market. The target of the largesse: Community groups with political muscle, the ability to shape public sentiment and access to lawyers. “We’re over the moon,” said Michael Passero, the mayor of New London, Connecticut. The package drawing Passero’s raves: $93 million to upgrade the State Pier in New London,,, >click to read<13:12 Cape Cod Community College, Vinyard Wind partner to offer ‘Offshore Wind 101: Energy, Climate and Jobs – >click to read<14:35

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