Giant offshore wind project axed in blow to Biden's green goals
Fox News
Energy developers Equinor and BP announced they are canceling an offshore wind project expected to power hundreds of thousands of New York homes, due to inflation.
"Commercial viability is fundamental for ambitious projects of this size and scale. The Empire Wind 2 decision provides the opportunity to reset and develop a stronger and more robust project going forward," Molly Morris, president of Equinor Renewables Americas, said in a statement. "We will continue to closely engage our many community partners across the state." Thomas Catenacci is a politics writer for Fox News Digital.
"BP is supportive of NYSERDA’s leadership and commitment to offshore wind, which we believe is a critical part of New York State’s and America’s clean energy future," added Joshua Weinstein, BP’s president of offshore wind Americas. "Offshore wind can deliver reliable renewable power as well as economic benefits to the state and its communities."
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