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News Wire / economy

Democratic Lawmakers Seek Investigation Into Wind Fund Redirection

KQED FM San Francisco 11d11d Impact 5

The federal government is negotiating the cancellation of offshore wind power plant leases for the Central Coast. The Trump administration is spending hundreds of millions of dollars to abandon certain offshore wind power projects. These funds are reportedly being used to encourage companies to refocus efforts on fossil fuels, including projects off the California Central Coast. Green energy advocates in California expressed outrage over the move. The administration is allegedly using taxpayer funds that they are not authorized to use for this purpose. The move involves $120 million for oil, gas, or LNG projects on the Gulf Coast. Some members of Congress and environmental groups claim the administration has not justified the action. The action is viewed as an effort to implement a personal preference for fossil fuels into policy.

The federal government is negotiating the cancellation of offshore wind power plant leases for the Central Coast. The Trump administration is spending hundreds of millions of dollars to abandon certain offshore wind power projects. These funds are reportedly being used to encourage companies to refocus efforts on fossil fuels, including projects off the California Central Coast. Green energy advocates in California expressed outrage over the move. The administration is allegedly using taxpayer funds that they are not authorized to use for this purpose. The move involves $120 million for oil, gas, or LNG projects on the Gulf Coast. Some members of Congress and environmental groups claim the administration has not justified the action. The action is viewed as an effort to implement a personal preference for fossil fuels into policy. The federal government is attempting to use funds to buy out leases, a move described as a surprising departure from the methodical public process used for previous lease sales. Three leases were previously sold with agreements to help develop those sites for the Central Coast. The redirected funds were intended to generate approximately two gigawatts of energy for East Coast projects. Democratic Congressman Salud Carbajal of Santa Barbara stated he is outraged by the federal decision, characterizing it as a move to sabotage Morro Bay Wind Energy projects.

Topics

offshore wind energy leases Central Coast

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Sources · 7 independent

KQED FM

“The federal government isn't supportive of offshore wind power now, but it's going to be about four years before physical construction would get underway.”

KQED FM

“While Golden State agreed to end its lease, two other companies still have active leases. The federal government isn't supportive of offshore wind power now, but it's going to be about four years before physical construction would get underway.”

KQED FM

“Once the lease is terminated, the Trump administration could cancel it, making it difficult to revive in the future. The Trump administration contends the offshore wind projects are expensive and unreliable.”

KQED FM

“that offshore wind projects pose a national security risk. the federal government”

KQED FM

“Once the lease is terminated, the Trump administration could cancel it, making it difficult to revive in the future. The Trump administration contends that the offshore wind projects are expensive and unreliable.”

KQED FM

“The Trump administration contends that the offshore wind projects are expensive and unreliable. It also argues that offshore wind projects pose a national security risk.”

KQED FM

“The Trump administration contends the offshore wind projects are expensive and unreliable. It also argues that offshore wind projects pose a national security risk.”

KQED FM

“the federal government members of Congress say the lease deals are a misuse of taxpayer dollars and want an investigation.”

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