Trump Extends Offshore Drilling Ban to NC and VA AND Offshore Wind

Trump Extends Offshore Drilling Ban to NC and VA AND Offshore Wind

After reading the fine print, it turns out President  Trump’s memo issued over the weekend extending his 10-year offshore oil and gas drilling ban from Florida all the way up the East Coast to Virginia, contains a poison pill — it also bans offshore wind development.

Why This Matters:  It is disappointing from both a climate change perspective, but also because the offshore wind farm leases were selling for hundreds of millions of dollars all of which would be paid to the government.

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China’s Purchases and Investments In US Energy Are On Their Terms

China’s Purchases and Investments In US Energy Are On Their Terms

President Trump trumpeted his trade deal with China, but so far it has been a bust, according to The Wall Street Journal — the Chinese have not purchased nearly the amount of energy (in terms of total dollars) as they promised — only $2B in oil and gas purchases against a commitment of $25B for this year.

Why This Matters:  Trump’s energy policy is a colossal failure, especially when measured against his outlandish campaign promise of complete energy independence.

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From Steel to Wind and Sprouts: Transforming a Brownfield In Baltimore Harbor For the Future

From Steel to Wind and Sprouts: Transforming a Brownfield In Baltimore Harbor For the Future

E&E News reported last week on the industrial rebirth happening at Sparrows Point, Maryland on the site of historic steel mill strategically located on Baltimore Harbor.  It is an amazing story of how a real estate firm, local officials and wind companies are investing “hundreds of millions of dollars in port upgrades to support the burgeoning offshore wind industry” with the goal of developing “a staging area for assembling wind turbines that will be moved to nearby offshore sites” that may also “one day be home to a manufacturing facility for turbine parts.”

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Renewable Energy Tax Breaks – Clean Energy Left Out, Biodiesel Back In

Renewable Energy Tax Breaks – Clean Energy Left Out, Biodiesel Back In

This week, as part of its annual spending bills, Congressional negotiators worked out a narrow package of tax breaks for some types of renewable energy but purposely left other clean energy sources out of the money.

Why This Matters:  The final spending bill was not good for conservation and climate change and environmental groups are not happy. 

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Scotland Surging on Renewable Power

Scotland Surging on Renewable Power

In the first half of 2019, Scotland generated enough wind energy to supply homes with electricity two times over. Wind turbines produced more than 98 million megawatt-hours of electricity – which is univalent to enough power for 4.47 million homes.  And just last week, a new £6 million renewable energy project in Stirling — the first of its kind in the UK — using cutting-edge technologies to harness energy from wastewater from the city’s sewage works.

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Atlantic Offshore Wind Projects – NY Moving Ahead, MA Stalled

Atlantic Offshore Wind Projects – NY Moving Ahead, MA Stalled

Late last week, the State of New York announced it had signed an agreement with Norwegian developer Equinor (in a joint venture with a U.S. firm) to build two massive projects off Long Island that will help the state achieve its plan to generate 70% of its electricity from renewable sources by 2030.  Meanwhile, the largest project in development now, Vineyard Wind in Massachusetts, hit permitting snags last week and is pushing to get the project’s federal Environmental Impact Statement (EIS) completed in the next 4-6 weeks — any further delay, according to the Company, will jeopardize the project as it is currently configured.

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