The developers of New York’s offshore wind projects are asking for
increased subsidies from the state’s taxpayers, arguing that their work
may not move forward without additional funding. But their requests
raise questions about the viability of those projects, which in turn
threaten the state’s ambitious climate targets and efforts to become a
hub for the nascent offshore wind industry. POLITICO’s Marie French
breaks down why the state’s offshore wind projects are now in doubt.
Plus, the Interior Department is drafting language into a new rule that
would allow companies holding offshore oil leases to convert them to
allow the acreage to be used to store carbon dioxide instead. 

 

Marie J. French covers energy and the environment for POLITICO New
York. 

Josh Siegel is a congressional energy reporter for POLITICO. 

Nirmal Mulaikal is a POLITICO audio host-producer.

Alex Keeney is a senior audio producer at POLITICO. 

 

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