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The New York State Public Service Commission Denies Rate Increases to Offshore Wind Developers

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the staff of the Ridgewood blog

Albany NY , the New York State Public Service Commission denied petitions filed by a group of offshore wind developers and a state renewable energy trade association seeking billions of dollars in additional funding for four proposed offshore wind projects and 86 land-based renewable projects.

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FOREIGN OFFSHORE WIND DEVELOPERS SEEK MORE US SUBSIDIES TIME FOR A MORATORIUM AND REBOOT

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the staff of the Ridgewood blog

LBI NJ, under the guise of saving the planet from climate change and providing long term economic growth the federal government and the State have been extremely generous to foreign wind energy companies
with your money and environment. This generosity includes: federal tax credits, increases in electric bills, taxpayer funding of onshore support facilities, additional direct subsidies, a weakening of the
environmental impact statement process, and the potential for your children to pick up the tab for removing the turbines, substations and cabling in the future.

Continue reading FOREIGN OFFSHORE WIND DEVELOPERS SEEK MORE US SUBSIDIES TIME FOR A MORATORIUM AND REBOOT