Tag Archives: New Bedford Fishermen Oppose
‘It’s Infuriating Us’: New Bedford Fishermen Oppose Vineyard Wind’s $10 Million Compensation Offer
Vineyard Wind CEO Lars Pedersen offered New Bedford fishermen $10million, which includes a direct payout that will be made in annual installments over the next 30 years and a $1 million trust for potential future costs.,,, Daniel Farnham, a New Bedford fisherman, says the proposal doesn’t truly reflect the economic value of the industry. “It’s not just a person catching fish, and selling it and taking that money home. We’re supporting ice houses, fuel barges, packout workers, an entire community is based around this industry and it’s hard to just see that may be taken away and then be offered pennies on the dollar for it and that is what is infuriating to us.” >click to read<11:54
