Tag Archives: Vineyard Wind CEO Lars Pedersen
‘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
Fishermen Want More Time to Negotiate Over Wind
Lanny Dellinger, a Newport, R.I.-based lobsterman and chairman of the Fishermen’s Advisory Board, said fishermen are being rushed to accept a compensation offer for the harm they say will be caused by the Vineyard Wind offshore project. “It’s like being pushed into the (real estate) closing without seeing the appraisal,” Dellinger said.
There’s no doubt that the project developer is in a hurry. Vineyard Wind needs approval from the Rhode Island Coastal Resources Management Council (CRMC) soon so that construction can begin on the 84-turbine project and qualify for a federal tax credit. >click to read<10:38
R.I. fishermen still without compensation deal from wind farm developer
Less than three weeks before Rhode Island coastal regulators are set to vote on a key approval for its $2-billion offshore wind farm, Vineyard Wind has yet to come forward with a compensation package for the state’s commercial fishermen who say that the layout of the company’s 84 turbines will block access to valuable Atlantic Ocean fishing grounds. The Coastal Resources Management Council granted the New Bedford company a reprieve Nov. 27, delaying a vote on the application for what’s known as a “consistency certification” for the 800-megawatt wind farm specifically to give the developer more time to reach an agreement with fishermen who catch squid, lobster, Jonah crab and other species in the waters targeted for development between Block Island and Martha’s Vineyard. >click to read<12:25