As U.S. Eyes Offshore Wind Development, Whales Get New Protections
While debate continues over whether Congress should extend the wind production tax credit that expires Dec. 31, the U.S. Department of Energy (DOE) is touting its progress in supporting offshore wind development, noting that it is providing up to $168 million in funding for seven “advanced technology demonstration projects” across the country.
The United States does not currently have any utility-scale wind turbines installed in its waters. A DOE-commissioned analysis projects that in a “high-growth scenario,” the offshore wind industry could support up to 350,000 jobs and stimulate $70 billion in annual investments by 2030 (the DOE seems to be sticking to a more conservative number, citing 200,000 potential jobs on its blog and