Trump hostility to US offshore wind reverberates through supply chain

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Trump hostility to US offshore wind reverberates through supply chain - Business Standard

Quick Summary:

Italy's Prysmian announced last month it was abandoning its plan to build a submarine cable factory in Massachusetts to serve the offshore wind market.

New Jersey's economic development agency said this month it was speeding up its search for alternatives for a dedicated offshore wind port in Salem County, citing in part the change in federal policy.

The thousands of jobs the port had promised to create are now in jeopardy, according to Christina Renna, president of the Chamber of Commerce Southern New Jersey."Other wind companies, if still interested, would be perfect but given the climate, unlikely," Renna said, adding the site would also work for the oil and gas sector or large manufacturers.