Trump’s plan to kill offshore wind is paying off

illuminem summarizes for you the essential news of the day. Read the full piece on POLITICO or enjoy below:

🗞️ Driving the news: New Jersey Gov. Phil Murphy announced a halt to new offshore wind approvals, delivering a major setback to the industry
• The decision follows increasing political opposition and economic challenges, playing into former President Donald Trump’s long-standing opposition to offshore wind
• Other states like New York and California also face delays, further jeopardizing President Biden’s offshore wind targets

🔭 The context: Offshore wind was expected to be a cornerstone of the U.S. clean energy transition, with Biden aiming for 30 gigawatts by 2030
• Despite initial enthusiasm and subsidies, only four small projects have been completed, while many others face economic, regulatory, and political hurdles
• Notably, Virginia’s offshore wind project—backed by a Republican governor—is proceeding successfully with bipartisan support

🌍 Why it matters for the planet: Scaling back offshore wind projects undermines U.S. efforts to reduce reliance on fossil fuels and meet climate goals
• Offshore wind was seen as a key solution to cutting emissions and transitioning to cleaner energy sources
• Delays and cancellations could slow decarbonization and increase dependence on coal, oil, and natural gas

⏭️ What's next: Murphy may attempt to salvage his clean energy agenda through federal engagement, with a planned meeting with Interior Secretary Doug Burgum
• However, continued federal delays and state-level hesitations may further erode offshore wind momentum
• The industry’s future now depends on federal actions and whether states can navigate political and economic obstacles

💬 One quote: “Murphy’s move plays right into the hands of Donald Trump, who wants to stick New Jersey families with dirty air and expensive oil and gas energy.” — Ed Potosnak, director of the New Jersey League of Conservation Voters

📈 One stat: The U.S. offshore wind industry has only four completed projects, far short of Biden’s 30-gigawatt goal by 2030

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