Tag Archives: loss of income for fishermen
Who’s on the take? Hundreds of Millions of Dollars for Mitigation Can Ease Offshore Wind Opponents’ Pain
Opponents of offshore wind offer different reasons for their position: fear of impacts on the marine ecology; fear of loss of income for fishers; fear of loss of tourism dollars and private property values due to the sight of the turbines on the horizon. The cloudy threat of wind projects off the New England coast comes with a golden — not silver — lining. That gold would arrive in the form of millions of dollars contractually promised to communities by developers in the form of mitigations, sometimes through a mechanism called host community or good neighbor agreements. A brief tally of the “lunchbox” of mitigations — touching on communities and institutions from Long Island, N.Y., to Cape Cod to Nantucket to Portsmouth, R.I. — shows a total of about $282 million in negotiated mitigation payments from 2017 to this month. (see below for details). more, >>click to read<< 09:07
