I don’t like cancelling wind projects but there are some incorrect assumptions when you just read this headline.
The company paid $800M for a lease on federal waters to build the wind turbine. This is more akin to a refund than “pay them not to do this”. That, and the money will instead be used to build natural gas power, which is stupid for reasons mentioned in the article.
I don’t like cancelling wind projects but there are some incorrect assumptions when you just read this headline.
The company paid $800M for a lease on federal waters to build the wind turbine. This is more akin to a refund than “pay them not to do this”. That, and the money will instead be used to build natural gas power, which is stupid for reasons mentioned in the article.