Former President Donald Trump has promised to take regulatory action against offshore wind power projects if he returns to office, criticizing the technology for being costly and harmful to the environment. This follows several cancellations of offshore wind projects in the United States due to elevated costs and delays. A similar scenario is unfolding in Europe. According to energy policy analyst Fabien Bougle, these projects aren’t viable even after 30 years of subsidies to the sector.
‘Wind Energy Industry Is Experiencing a Considerable Stock Market Collapse’: Expert
By David Vives