Trump Administration Gets Strategic With Offshore Wind
/Among all the crazy ways that humanity is supposed to “save the planet” by reducing emissions of carbon dioxide, offshore wind electricity generation has to be about the craziest. Between the expense of building and integrating the facilities and the intermittency of the output, the build-out of offshore wind infrastructure has threatened large and accelerating increases in consumer electricity bills.
Despite lack of any demonstration of feasibility or cost of running the grid on offshore wind, the Biden administration (with support from Congress) threw tens and hundreds of billions of taxpayer funds into the industry in the form of open-ended life-of-project tax credits.
The Trump administration came into office with a known hostility to offshore wind. However, its first efforts to shut down construction on these projects ran into a wall of judicial opposition. But rather than giving up, or embarking on years of appeals with uncertain outcomes, the administration has done some strategic thinking and come up with Plan B. This one looks to me like it will work.



