Tag Archives: European offshore wind developers
Feds fund offshore wind study hoping to boost market in Atlantic Canada
Federal funding for a pioneering offshore wind power grid study in the Canadian Maritimes should help draw big-hitting developers to the region’s first project auction next year. But commercialization of the market remains on the far horizon, says a leading industry analyst. Ottawa earlier this week awarded $6 million to Net Zero Atlantic, a low-carbon research and development hub in Nova Scotia, for the Atlantic Canada Offshore Wind Integration and Transmission Study, which aims to show how future offshore wind farms could export power to the onshore electricity network. While $6 million of the funding to Net Zero Atlantic will go toward the grid study, a further $3.25 million will be dedicated to technologies associated with fishing vessels and ferry fleets, agriculture, carbon capture, hydrogen and energy storage. more, >>CLICK TO READ<< 07:38
Ocean Industrialization: The Biden Administration vs. Atlantic fisheries
In its rush to burnish its green bona fides, the Biden administration is showering billions of dollars of subsidies onto European offshore wind developers, and in the process threatening both the environment and the livelihoods of Atlantic coast commercial fishermen. Big Wind — money-making corporations, not philanthropists — stands to earn big bucks. And for what? The reduction in greenhouse gas emissions from building all of that offshore wind will be minuscule and will have no impact on world climate whatsoever. Instead, it is poised to wreck an entire industry and the thousands of jobs that commercial fisheries support. >click to read< 08:50
