The Biden administration plows ahead with development in an area between New York and New Jersey.
The Biden administration isn’t bowing to all local opposition to offshore wind development (“Railing Against the Wind,” Review & Outlook, April 21). Although the wealthy residents of the Hamptons succeeded in preventing offshore wind farms from spoiling their ocean views, the Bureau of Ocean Energy Management intends to sink all opposition to development in the New York-New Jersey Bight, a roughly triangular area bordered by New Jersey and Long Island.
In December 2020, the Interior Department’s Office of the Solicitor issued a detailed ruling that commercial fisheries’ interests must be considered when siting offshore wind. But in March the Biden administration rescinded that ruling. The Bureau of Ocean Energy Management intends to ignore fisheries’ interests, even though the Bight is home to some of the most productive fisheries in the world and is a migratory route for endangered right whales.
In the end, the fisheries industry and thousands of jobs at risk are no match for Big Wind’s lobbyists, whose European customers stand to reap billions of U.S. taxpayer dollars from the Biden administration’s new offshore wind-investment tax credit and the sky-high prices for the intermittent and unreliable power that regulators will force utility customers to buy.
This piece originally appeared at The Wall Street Journal (paywall)
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Jonathan A. Lesser, PhD, is the president of Continental Economics, an economic consulting firm, and an adjunct fellow with the Manhattan Institute.
This piece originally appeared in The Wall Street Journal