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New Jersey to receive $125M payout in dispute over cancelled offshore wind farms

Started by Conservative Perspective, May 29, 2024, 10:08:44 AM

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Conservative Perspective

New Jersey to receive $125M payout in dispute over cancelled offshore wind farms

Danish wind developer Orsted will pay $125 million to the state of New Jersey to settle claims over the cancellation of two proposed offshore wind farms.

Source: New Jersey to receive $125M payout in dispute over cancelled offshore wind farms

DKG

Quote from: Conservative Perspective on May 29, 2024, 10:08:44 AMNew Jersey to receive $125M payout in dispute over cancelled offshore wind farms

Danish wind developer Orsted will pay $125 million to the state of New Jersey to settle claims over the cancellation of two proposed offshore wind farms.

Source: New Jersey to receive $125M payout in dispute over cancelled offshore wind farms
Setting aside for a moment that wind turbines are diffuse and unreliable, why is the state of energy awarding contracts to foreign companies.

Lokmar

Wind and solar are a jucking joke, an eyesore, and a recycling nightmare. FACT!!!

I know this because I work in the electric power industry.