Ørsted, the Danish offshore wind company is drowning in a sea of financial troubles, lawsuits and dead whales.
Things are getting so bad for the wind industry, that Orsted announced it might delay, or outright cancel their mid-Atlantic wind project. A decision will be made later this year.
Ørsted blaming supply-chain constraints, high interest costs, and lack of significant support from U.S. government.
Wall Street punishing Ørsted. Slashed their shares by over 20%. Orsted plunges 20% on risk of $2.3 billion in losses.
Kudos to Congressman Jeff Van Drew and Senator Michael Testa for stepping up big time.
New Jersey’s offshore wind ambitions were to be built in the waters off Atlantic City and Ocean City. The experimental ‘not-so-green’ project was being supported by NJ taxpayers.
Hundreds of massive 1,000 ft tall, wind turbines. The sea bed covered in concrete, steel and power cables. The industrialization of our ocean. A technology not ready for prime time.
According to a recent Monmouth University poll, New Jersey residents believe the wind turbine project is responsible for the death of 60+ marine mammals.
Covid-fueled executive orders by NJ Gov Murphy pushed anything and everything through all in the name of climate change. All at taxpayer expense.
NOTE: NJ was set up to be at the mercy of a foreign energy company. New Jersey allowed Orsted to buy its remaining stake in this wind project from PSEG, Public Service Enterprise Group earlier this year.
Wind projects are unsustainable. Costs are too much of a burden for taxpayers to bear.
NJ Senator Michael Testa
Whales, dolphins and other marine mammals washing up on local shores. Those dedicated to saving distressed marine mammals have been MIA, missing in action.
US NAVY research showed sonar mapping of the ocean floor contributed to increase of marine mammal deaths.
Ørsted begging for more tax credits and subsidies from electric customers, estimated to be $1 billion.
Looks like a big L for NJ Governor, Phil Murphy.
Never forget who took wind money and stood by and watched whales get slaughtered by a foreign company.
And where are those so-called organizations that care about animals (PETA, Whale and Dolphin Conservation, American Cetacean Society, Save the Whales, Ocean Alliance, Ocean Conservancy, MarineBio Conservation Society, etc.)
What a joke that these organizations shrugged it off and stood behind the “political” wall. I’ll never trust those organizations again.
Build the damn wind turbines on land first.
The Orsted offshore wind turbine project was a scam and a danger to ocean waters and sea life.
Many negatives to the ocean life of Brigantine, Atlantic City, Ventnor, Margate and Longport.
No positives from the beginning.
I am glad the people who live here and their representatives recognized that
A major part of why people chose living here
Made their voices loud and clear to stop this project from going forward.
Sadly, over 500 Marine Mammals, Fish, Birds, Seals, Sea Turtles, Crustacean, Shellfish Migratory Birds, Raptors, Threatened & Endangered Species of Wildlife has perished vanished. The money laundering to this non profit groups, organizations is in the millions, especially from these Foreign Countries Turbines Companies… This is a real Shit Show for the whole country to see.
We can never stop fighting, campaigning, protesting. donating, litigating and educating because they will never stop ever. They are monsters. Start with voting in November, throw these bums out.