Tag Archives: offshore wind project “no longer viable”
Massachusetts offshore wind project “no longer viable”
A major offshore wind project in the Massachusetts pipeline “is no longer viable and would not be able to move forward” under the terms of contracts filed in May. Both developers behind the state’s next two offshore wind projects are asking state regulators to pause review of the contracts for one month amid price increases, supply shortages and interest rate hikes. There’s an obvious bit of irony in seeing the same state and federal government actors who have pushed “green energy” down everyone’s throats sitting on this particular sideline. Those same people whose policies helped drive this collapse in the supply chain and the labor market, along with the spike in the prices of pretty much everything, are now watching as one of their signature “clean energy” achievements fall victim to the conditions they created. >click to read< 08:48
