Danish energy developer Orsted is scrapping two large offshore wind power projects off the coast of New Jersey, adding uncertainty to the financial viability of a nascent industry the Biden administration is counting on to help transition away from the burning of planet-warming fossil fuels.
ATLANTIC CITY, N.J. — Danish energy developer Orsted said Tuesday night it is scrapping two large offshore wind power projects off the coast of New Jersey, adding uncertainty to the financial viability of a nascent industry the Biden administration and many state governments are counting on to help transition away from the burning of planet-warming fossil fuels.
“However, the significant adverse developments from supply chain challenges, leading to delays in the project schedule, and rising interest rates have led us to this decision,” Nipper said. The company said it would move forward with its Revolution Wind project in Connecticut and Rhode Island.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
New York, New Jersey voter guide: What to know for Nov. 7 general electionHere are some key dates and deadlines to know before you go, along with a look at some issues on the ballot in New York City.
Les mer »
New Kids on the Block coming to New Jersey, Long IslandNew Kids on the Block announced Monday the Magic Summer Tour, with stops at Jones Beach, Long Island, and the PNC Bank Center in New Jersey.
Les mer »
New Jersey man reunites with hospital team that saved his life with marathon CPR session24-year-old Kyle Hewlett has a lot to be thankful for after the critical care team at Holy Name Medical Center did CPR on him for over an hour.
Les mer »
Taylor Swift, Cardi B, extra guacamole: How New Jersey’s governor spent $12K on stadium concessionsThe request came after POLITICO obtained records of taxpayer spending.
Les mer »
New Jersey family celebrates mischief night with fun, decades-old traditionThey're chucking 200 rolls of toilet paper up at the house this year.
Les mer »
War of the Worlds: When Martians 'invaded' New Jersey!On Oct. 30, 1938, Orson Welles and his Mercury Theatre broadcast the infamous 'War of the Worlds' on the CBS radio network, reporting that aliens had invaded Grovers Mill, New Jersey.
Les mer »