Major wind project was dependent on Biden admin waiving taxpayer safeguard: internal docs

Major wind project was dependent on Biden admin waiving taxpayer safeguard: internal docs

  • January 14, 2024

Staff, Real Clear Energy

EXCLUSIVE: A Massachusetts wind project, which recently became the first utility-scale offshore wind project to deliver electricity to the grid, wouldn’t have been financially viable if the Biden administration hadn’t intervened, according to internal documents reviewed by Fox News Digital.

Federal officials with the Bureau of Ocean Energy Management (BOEM) acknowledged in the unearthed communications shared with Fox News Digital that granting a waiver on development fees designed to safeguard taxpayers was “critical” for the 800-megawatt Vineyard Wind project. BOEM ultimately waived the financial assurance for decommissioning costs fee for the project in June 2021.

“The more we dig into the details of the Vineyard Wind project the more concerning it becomes. The Biden administration brags that this is the first utility-scale offshore wind project. But clearly, without BOEM contorting the approval process and waiving requirements meant to protect taxpayers, Vineyard is unlikely to ever have gotten off the ground,” Michael Chamberlain, the director of watchdog group Protect the Public’s Trust (PPT), which obtained the documents, told Fox News Digital.

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