Donald Trump's early presidential action includes an executive order halting federal leases for offshore wind development, a vital industry for renewable energy. This order specifically does not impact ongoing projects but paves the way for potential terminations or amendments of existing leases. Offshore wind power has faced challenges in the U.S., with minimal current capacity compared to global outputs. However, upcoming projects with significant capacities could align with governmental energy goals, enhancing the appeal of offshore wind due to its reliability and proximity to consumers, despite existing infrastructure limitations and public opposition.
One of Donald Trump's first acts as president was an executive order that could kill the nascent offshore wind industry in the United States.
While offshore wind is still expensive compared with other sources of power, its relative consistency and proximity to major population centers has made it attractive.
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