President Trump's crackdown on offshore wind projects threatens to dismantle a burgeoning industry in New Bedford, jeopardizing thousands of jobs and millions in economic activity. As the Vineyard Wind project moves forward, local workers fear for their futures amidst policy uncertainty.
The Trump administration's unexpected order to halt the nearly complete Revolution Wind project in Rhode Island raises concerns over national security and threatens jobs and energy costs. Industry leaders warn this could ripple through renewable energy investments.
In a surprising move, the IRS has raised the bar for wind and solar projects to qualify for federal tax credits, requiring significant physical work to begin by July 2025. Discover the implications of these new rules!