Surprise: Giant Offshore Wind Project Killed Off

At least they didn’t get a massive “loan” from Los Federales which will never be paid back

Giant offshore wind project axed in blow to Biden’s green goals

Global energy developers Equinor and BP on Wednesday announced they are canceling the contract for a massive wind project slated for construction off the coast of New York.

The two companies said they had reached an agreement with the New York State Energy Research and Development Authority (NYSERDA) to terminate the offshore wind renewable energy certificate for their Empire Wind 2 project. Equinor and BP explained that commercial conditions, namely inflation, interest rates and supply chain disruptions, prevented its contract for the project from remaining viable.

“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.”

That’s nice corp-speak for “this thing was a turd and we didn’t want to lose our shirts.”

“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.”

Critical, but, not at the thought of losing lots of money

The cancelation of Empire Wind 2 comes weeks after the Biden administration formally approved it and its counterpart, Empire Wind 1, in November. The Department of the Interior (DOI) and Department of Energy (DOE) have both endorsed the project, while the White House has referred to it as a success story of “Bidenomics.”

Yup, that’s Bidenomics. Projects that are expensive and not “commercially viable.”

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17 Responses to “Surprise: Giant Offshore Wind Project Killed Off”

  1. Dan says:

    Probably cancelled because no tax dollars were forthcoming. A lot of projects like this are planned sinmply to get tax dollars, not to actually succeed.

  2. H says:

    Cancelled because of the increased costs of financing and inflated costs
    The USA’s largest off shore wind development was just permitted for off Virginia.

  3. H says:

    6 coal fired electric plants closed in 2033.
    Avg she almost 50 years old. Those plants were too expensive to keep going .

  4. sr says:

    Video – Jeffrey Epstein’s Brother Reveals Everything He Knows (Tucker Carlson interview)

    https://commoncts.blogspot.com/2024/01/video-jeffrey-epsteins-brother-reveals.html

  5. H says:

    Trump ess Epsteins best buddy gif decades
    Epstein was still a Mar A Lago member for 2 years after he ess indicted.
    The Bush appointed US Attorney who gave Epstein his sweetheart deal 1 year in jail only on weekends was rewarded by Trump who made him his Sec of Labor.

    • Genocide Joe the commie says:

      None of what you wrote there is true H in fact trump threw out Epstein from Mara A Lago. But at least they didn’t steal any national elections and then deny it.

      It’s funny how Epstein who is a Democrat, surrounded with all almost all Democrat supporters at his island now it’s suddenly is trump ‘s fault to people like you you have got a brain problem with trump you know that don’t you you need to seek professional help. You have turned into a trump idiot Jesus Christ

      • Elwood P. Dowd says:

        Geno the Commie typed: None of what you wrote there is true H in fact trump threw out Epstein from Mara A Lago. But at least they didn’t steal any national elections and then deny it.

        President Donald Trump banned his former friend, the wealthy investor Jeffrey Epstein, from his exclusive Mar-a-Lago Club for hitting on the teenage daughter of another member, a new book says.

        The late Epstein’s banishment by Trump from the Palm Beach, Florida, club appears to have occurred months before Epstein pleaded guilty in 2008 to state criminal charges in Florida, which included paying for sexual services from a 14-year-old girl.

        But it also seems to have happened more than two years after a state grand jury charged Epstein with soliciting prostitution.

        The new book “The Grifter’s Club: Trump, Mar-a-Lago, and the Selling of the Presidency,” also says that despite claims to the contrary by Trump’s company, Epstein had been himself a member of Mar-a-Lago before he was banned.

        And the election was not stolen. Anyone claiming the 2020 election was stolen is not to be taken seriously.

        Tomorrow is Jan 6, Insurrection Day, when President Trump attempted to overturn the 2020 election by force!

        • drowningpuppies says:

          Anyone who claims President Trump attempted to overturn the 2020 election by force!
          is not to be taken seriously.

          #PresidentLOL81Million
          Bwaha! Lolgf https://www.thepiratescove.us/wp-content/plugins/wp-monalisa/icons/wpml_cool.gif

          • Elwood P. Dowd says:

            LOL. There is actual evidence that then-President Trump conspired to cancel the results of the 2020 election, e.g., audiotaped telephone calls to Michigan and Georgia, slate of fraudulent electors, Fight Like Hell! attack on the Capitol at the exact time Congress was to certify the election…

            Evidence that Trump won the 2020 election? Not so much, LOFL.

          • drowningpuppies says:

            Anyone? Does Rimjob make any sense at all?

            Anyone who claims President Trump attempted to overturn the 2020 election by “force”
            is not to be taken seriously.

            #PresidentLOL81Million
            Bwaha! Lolgf https://www.thepiratescove.us/wp-content/plugins/wp-monalisa/icons/wpml_cool.gif

        • Genocide Joe the commie says:

          Anyone claiming the 2020 election was stolen is not to be taken seriously.

          after seeing all the videotapes and all the evidence of such that we have posted here and have been on the Internet for three years now anyone who still says that the election was fair and square and honest is a dirty filthy liar and should never be believed again. They are the type of people who believe men can become women that idiots like Al Gore can change the climate gay from Harvard is an honest hard working academic and that hunter isn’t a criminal.

          Trump band Jeffrey at his convenience. It’s his business not yours. You should try minding your own business when it comes to personal matters but you just can’t seem to be able to do it you just love throwing those false accusations out all over the place. It’s typical of communists like yourself. There are probably 100 more people that should be thrown out of mar a Lago. And since I’m the only one here who has actually been to Mara Lago I should be able to tell you. My father’s a member, he lives one block away and my family of mine have died there 100 times over the last several years. Lovely place they would never let a fat pig like you in ever first of all you couldn’t afford the entrance fee ha ha ha ha. Second of all communists are not welcome. Third they don’t have a all you can eat 10.95 buffet.

          • Elwood P. Dowd says:

            Trump banned Epstein 2 years after Epstein was charged with soliciting prostitutes. But so does Trump. Anyway, it goes to Trumps “character”, such as it is. He used to party with Epstein, even once remarking that Epstein “liked them young”, as does Trump.

            How do you afford a Mar a Lago membership on a fireman’s pay? Oh that’s right, you sponge off daddy still. How old are you now?

            Good lord man, I’d never waste my time and millions on anything to do with Trump!

        • Jl says:

          Good one-“Jan 6th when Trump attempted to overthrow the election by force.” Have proof of that? Of course you don’t. But I love how one allegedly uses “force” when there are no weapons present, except for the FBI infiltrators and the Capital Police, who were seen opening up the gates to allow the protesters to enter. Just like the French Revolution!

          • Jl says:

            But wait-there was a clear, direct call for an insurrection!
            President Trump 1/6/21: “I am asking everyone to remain peaceful. No violence! Remember, we are the party of law and order-respect the law and our great men and women in blue. Thank you”

          • Elwood P. Dowd says:

            Nice try. Trump on twitter on Jan 6…

            Donald J. Trump
            @realDonaldTrump

            I am asking for everyone at the U.S. Capitol to remain peaceful. No violence! Remember, WE are the Party of Law & Order – respect the Law and our great men and women in Blue. Thank you!
            2:13 PM · Jan 6, 2021

            At 12:53 p.m., nineteen minutes before Trump ended his speech, rioters overran the perimeter of the Capitol building, and at 2:06 p.m. they entered the building through the Columbus Doors.

            His “army” didn’t believe his weak protestations. After all, they were being told to “Fight, Fight like hell!”

            Away from the assault, Senator Ron Johnston (R-WI) was attempting to pass the fake certificates from the fake electors for VP Pence to enter into the record.

  6. Dana says:

    Electricity prices are heavily regulated, in every state. With inflation having increased the costs of everything, including construction, any power project, offshore or not, is going to have to recoup the costs of construction, or it becomes a money loser. That means that the states will have to allow electricity prices to consumers to rise to pay for this stuff.

    Surprise! Nothing is free!

  7. Jl says:

    “His army didn’t believe his weak protestations”. So in other words it was his “army”, not him.
    But yes, that must have been the first time anyone told another group for whatever reason to “fight, fight like hell”. Good catch!

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